ETIQETTE AS

0772 OSLO

Finances

Share Ownership

Return on Equity

−79,01 %

Current Ratio

2,38

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 351 000	1 597 000	1 784 000	963 000
Net Income	−64 000	112 000	−77 000	36 000
Total Assets	377 000	417 000	321 000	288 000
Total Equity	81 000	145 000	33 000	110 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 351 000	1 597 000	1 784 000	963 000
Expenditure	1 458 000	1 454 000	1 877 000	914 000
Operating Profit	−106 000	143 000	−93 000	50 000
Financial Income	4 000	2 000	5 000	0
Financial Costs	2 000	2 000	10 000	5 000
Financial Balance	2 000	0	−5 000	−5 000
Earnings Before Tax	−105 000	143 000	−98 000	45 000
Tax	−41 000	31 000	−21 000	9 000
Net Income	−64 000	112 000	−77 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	0	13 000	0
Total Current Assets	355 000	417 000	308 000	288 000
Total Assets	377 000	417 000	321 000	288 000
Total Retained Equity	1 000	65 000	−47 000	36 000
Total Equity	81 000	145 000	33 000	110 000
Total Long-Term Debt	147 000	1 000	88 000	54 000
Total Current Debt	149 000	272 000	200 000	124 000
Total Equity and Debt	377 000	417 000	321 000	288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 351 000	1 597 000	1 750 000	963 000
Other Income	0	0	34 000	0
Revenue	1 351 000	1 597 000	1 784 000	963 000
Cost of Goods Sold	415 000	519 000	851 000	236 000
Salary Costs	772 000	589 000	669 000	453 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 458 000	1 454 000	1 877 000	914 000
Operating Profit	−106 000	143 000	−93 000	50 000
Financial Income	4 000	2 000	5 000	0
Financial Costs	2 000	2 000	10 000	5 000
Financial Balance	2 000	0	−5 000	−5 000
Dividends	0	0	0	0
Net Income	−64 000	112 000	−77 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	0	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	0	13 000	0
Stock	107 000	121 000	145 000	141 000
Total Investments	0	0	0	0
Cash, Bank	150 000	157 000	45 000	102 000
Total Current Assets	355 000	417 000	308 000	288 000
Total Assets	377 000	417 000	321 000	288 000
Total Equity	81 000	145 000	33 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	147 000	1 000	88 000	54 000
Creditors	27 000	99 000	72 000	10 000
Unpaid Taxes	56 000	102 000	64 000	63 000
Dividends	0	0	0	0
Other Current Debt	65 000	53 000	64 000	42 000
Total Current Debt	149 000	272 000	200 000	124 000
Total Equity and Debt	377 000	417 000	321 000	288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,01 %	77,24 %	−233,33 %	32,73 %
Debt-to-Equity Ratio	1,81	0,01	2,67	0,49
Operating Profit Margin	−7,85 %	8,95 %	−5,21 %	5,19 %
Current Ratio	2,38	1,53	1,54	2,32
Quick Ratio	8,45	2,76	5,6	−16,94
Equity Ratio	0,21	0,35	0,1	0,38
Gross Profit Margin	69,28 %	67,5 %	52,3 %	75,49 %