ETMAN PRO-TECH AS

4373 EGERSUND

Finances

Share Ownership

Return on Equity

191,27 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020
Revenue	49 553 000	982 000	0
Net Income	241 000	−499 000	−5 000
Total Assets	34 492 000	10 228 000	101 000
Total Equity	126 000	117 000	95 000

Income (NOK)	2022	2021	2020
Revenue	49 553 000	982 000	0
Expenditure	47 494 000	1 620 000	7 000
Operating Profit	2 059 000	−638 000	−7 000
Financial Income	2 879 000	42 000	0
Financial Costs	4 629 000	44 000	0
Financial Balance	−1 750 000	−2 000	0
Earnings Before Tax	309 000	−640 000	−7 000
Tax	68 000	−141 000	−1 000
Net Income	241 000	−499 000	−5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	327 000	172 000	1 000
Total Current Assets	34 165 000	10 056 000	100 000
Total Assets	34 492 000	10 228 000	101 000
Total Retained Equity	26 000	17 000	−5 000
Total Equity	126 000	117 000	95 000
Total Long-Term Debt	7 000	5 000	0
Total Current Debt	34 359 000	10 107 000	7 000
Total Equity and Debt	34 492 000	10 228 000	101 000

Cash flow (NOK)	2022	2021	2020
Sales Income	49 553 000	982 000	0
Other Income	0	0	0
Revenue	49 553 000	982 000	0
Cost of Goods Sold	42 924 000	908 000	0
Salary Costs	409 000	0	0
Depreciation	73 000	8 000	0
Impairment	0	0	0
Expenditure	47 494 000	1 620 000	7 000
Operating Profit	2 059 000	−638 000	−7 000
Financial Income	2 879 000	42 000	0
Financial Costs	4 629 000	44 000	0
Financial Balance	−1 750 000	−2 000	0
Dividends	0	0	0
Net Income	241 000	−499 000	−5 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	24 000	0	0
Fixtures	302 000	172 000	0
Total Tangible Assets	327 000	172 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	327 000	172 000	1 000
Stock	28 929 000	7 325 000	0
Total Investments	0	0	0
Cash, Bank	84 000	224 000	100 000
Total Current Assets	34 165 000	10 056 000	100 000
Total Assets	34 492 000	10 228 000	101 000
Total Equity	126 000	117 000	95 000
Short-Term Group Debt	26 619 000	0	0
Total Long-Term Debt	7 000	5 000	0
Creditors	6 654 000	5 929 000	7 000
Unpaid Taxes	982 000	288 000	0
Dividends	0	0	0
Other Current Debt	104 000	3 889 000	0
Total Current Debt	34 359 000	10 107 000	7 000
Total Equity and Debt	34 492 000	10 228 000	101 000

Financial indicators	2022	2021	2020
Return on Equity	191,27 %	−426,5 %	−5,26 %
Debt-to-Equity Ratio	0,06	0,04	0
Operating Profit Margin	4,16 %	−64,97 %	-
Current Ratio	0,99	0,99	14,29
Quick Ratio	6,29	3,61	14,29
Equity Ratio	0	0,01	0,94
Gross Profit Margin	13,38 %	7,54 %	-