ENTREE AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

36,08 %

Current Ratio

0,18

Debt-to-Equity Ratio

−1,85

Key figures (NOK)	2022	2021	2020
Revenue	49 000	11 000	55 000
Net Income	−368 000	−480 000	−196 000
Total Assets	1 308 000	107 000	192 000
Total Equity	−1 020 000	−652 000	−172 000

Income (NOK)	2022	2021	2020
Revenue	49 000	11 000	55 000
Expenditure	294 000	487 000	251 000
Operating Profit	−246 000	−475 000	−196 000
Financial Income	0	0	0
Financial Costs	122 000	4 000	0
Financial Balance	−122 000	−4 000	0
Earnings Before Tax	−368 000	−480 000	−196 000
Tax	0	0	0
Net Income	−368 000	−480 000	−196 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 228 000	29 000	29 000
Total Current Assets	80 000	78 000	163 000
Total Assets	1 308 000	107 000	192 000
Total Retained Equity	−1 044 000	−676 000	−196 000
Total Equity	−1 020 000	−652 000	−172 000
Total Long-Term Debt	1 891 000	500 000	350 000
Total Current Debt	437 000	259 000	14 000
Total Equity and Debt	1 308 000	107 000	192 000

Cash flow (NOK)	2022	2021	2020
Sales Income	49 000	11 000	55 000
Other Income	0	0	0
Revenue	49 000	11 000	55 000
Cost of Goods Sold	52 000	398 000	237 000
Salary Costs	0	0	0
Depreciation	63 000	0	0
Impairment	0	0	0
Expenditure	294 000	487 000	251 000
Operating Profit	−246 000	−475 000	−196 000
Financial Income	0	0	0
Financial Costs	122 000	4 000	0
Financial Balance	−122 000	−4 000	0
Dividends	0	0	0
Net Income	−368 000	−480 000	−196 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 199 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	29 000	29 000	29 000
Total Fixed Assets	1 228 000	29 000	29 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	17 000	64 000	95 000
Total Current Assets	80 000	78 000	163 000
Total Assets	1 308 000	107 000	192 000
Total Equity	−1 020 000	−652 000	−172 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 891 000	500 000	350 000
Creditors	426 000	234 000	2 000
Unpaid Taxes	0	−56 000	13 000
Dividends	0	0	0
Other Current Debt	11 000	80 000	0
Total Current Debt	437 000	259 000	14 000
Total Equity and Debt	1 308 000	107 000	192 000

Financial indicators	2022	2021	2020
Return on Equity	36,08 %	73,62 %	113,95 %
Debt-to-Equity Ratio	−1,85	−0,77	−2,03
Operating Profit Margin	−502,04 %	−4 318,18 %	−356,36 %
Current Ratio	0,18	0,3	11,64
Quick Ratio	0,18	0,3	11,64
Equity Ratio	−0,78	−6,09	−0,9
Gross Profit Margin	−6,12 %	−3 518,18 %	−330,91 %