ETNE FORBRUKSFORENING AS

5590 ETNE

Finances

Return on Equity

−577,22 %

Current Ratio

2,14

Debt-to-Equity Ratio

40,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	829 000	949 000	1 679 000	1 548 000
Net Income	−1 039 000	74 000	719 000	361 000
Total Assets	7 768 000	8 211 000	9 193 000	8 900 000
Total Equity	180 000	1 218 000	1 144 000	425 000

Income (NOK)	2022	2021	2020	2019
Revenue	829 000	949 000	1 679 000	1 548 000
Expenditure	504 000	490 000	366 000	697 000
Operating Profit	325 000	460 000	1 313 000	851 000
Financial Income	8 000	8 000	4 000	0
Financial Costs	431 000	373 000	395 000	388 000
Financial Balance	−423 000	−365 000	−391 000	−388 000
Earnings Before Tax	−98 000	95 000	922 000	463 000
Tax	941 000	21 000	203 000	102 000
Net Income	−1 039 000	74 000	719 000	361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 989 000	8 058 000	8 214 000	8 488 000
Total Current Assets	780 000	152 000	980 000	412 000
Total Assets	7 768 000	8 211 000	9 193 000	8 900 000
Total Retained Equity	−1 181 000	−142 000	−216 000	−935 000
Total Equity	180 000	1 218 000	1 144 000	425 000
Total Long-Term Debt	7 224 000	6 856 000	7 788 000	8 235 000
Total Current Debt	365 000	136 000	262 000	240 000
Total Equity and Debt	7 768 000	8 211 000	9 193 000	8 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	829 000	949 000	1 679 000	1 548 000
Revenue	829 000	949 000	1 679 000	1 548 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	129 000	135 000	141 000	148 000
Impairment	0	0	0	0
Expenditure	504 000	490 000	366 000	697 000
Operating Profit	325 000	460 000	1 313 000	851 000
Financial Income	8 000	8 000	4 000	0
Financial Costs	431 000	373 000	395 000	388 000
Financial Balance	−423 000	−365 000	−391 000	−388 000
Dividends	0	0	0	0
Net Income	−1 039 000	74 000	719 000	361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 107 000	2 049 000	2 069 000	2 272 000
Real Eastate	5 881 000	6 010 000	6 144 000	6 215 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 881 000	6 010 000	6 144 000	6 215 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 989 000	8 058 000	8 214 000	8 488 000
Stock	703 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	99 000	848 000	251 000
Total Current Assets	780 000	152 000	980 000	412 000
Total Assets	7 768 000	8 211 000	9 193 000	8 900 000
Total Equity	180 000	1 218 000	1 144 000	425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 224 000	6 856 000	7 788 000	8 235 000
Creditors	106 000	0	88 000	86 000
Unpaid Taxes	138 000	15 000	54 000	34 000
Dividends	0	0	0	0
Other Current Debt	121 000	121 000	121 000	121 000
Total Current Debt	365 000	136 000	262 000	240 000
Total Equity and Debt	7 768 000	8 211 000	9 193 000	8 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−577,22 %	6,08 %	62,85 %	84,94 %
Debt-to-Equity Ratio	40,13	5,63	6,81	19,38
Operating Profit Margin	39,2 %	48,47 %	78,2 %	54,97 %
Current Ratio	2,14	1,12	3,74	1,72
Quick Ratio	−2,31	1,12	3,74	1,72
Equity Ratio	0,02	0,15	0,12	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %