ETNEDAL SPAREBANK

2890 ETNEDAL

Finances

Return on Equity

16,8 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 838 000	47 100 000	47 100 000	43 840 000
Net Income	35 707 000	16 047 000	9 737 000	14 147 000
Total Assets	2 037 711 000	2 044 133 000	1 930 646 000	1 758 073 000
Total Equity	212 500 000	177 093 000	161 047 000	136 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 838 000	47 100 000	47 100 000	43 840 000
Expenditure	37 524 000	30 943 000	29 154 000	25 614 000
Operating Profit	24 950 000	18 632 000	17 946 000	18 226 000
Financial Income	0	0	0	0
Financial Costs	452 000	−1 184 000	5 479 000	−82 000
Financial Balance	−452 000	1 184 000	−5 479 000	82 000
Earnings Before Tax	24 498 000	19 816 000	12 467 000	18 308 000
Tax	−5 393 000	−5 428 000	2 730 000	4 161 000
Net Income	35 707 000	16 047 000	9 737 000	14 147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 522 000	39 128 000	39 872 000	31 627 000
Total Current Assets	1 896 296 000	1 998 000 000	1 890 774 000	1 726 446 000
Total Assets	2 037 711 000	2 044 133 000	1 930 646 000	1 758 073 000
Total Retained Equity	212 500 000	177 093 000	161 047 000	136 210 000
Total Equity	212 500 000	177 093 000	161 047 000	136 210 000
Total Long-Term Debt	28 095 000	20 824 000	18 263 000	15 000 000
Total Current Debt	1 787 336 000	1 839 996 000	1 751 336 000	1 606 863 000
Total Equity and Debt	2 037 711 000	2 044 133 000	5 000 000	5 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	58 838 000	47 100 000	47 100 000	43 840 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 421 000	13 841 000	12 961 000	12 366 000
Depreciation	600 000	609 000	683 000	635 000
Impairment	0	0	0	0
Expenditure	37 524 000	30 943 000	29 154 000	25 614 000
Operating Profit	24 950 000	18 632 000	17 946 000	18 226 000
Financial Income	0	0	0	0
Financial Costs	452 000	−1 184 000	5 479 000	−82 000
Financial Balance	−452 000	1 184 000	−5 479 000	82 000
Dividends	0	0	0	0
Net Income	35 707 000	16 047 000	9 737 000	14 147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	196 000
Real Eastate	0	0	8 280 000	8 760 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	400 000	190 000
Total Tangible Assets	16 410 000	8 240 000	8 680 000	8 950 000
Total Fiancial Fixed Assets	49 112 000	30 888 000	31 192 000	22 481 000
Total Fixed Assets	65 522 000	39 128 000	39 872 000	31 627 000
Stock	0	0	0	0
Total Investments	95 971 000	98 512 000	10 006 000	10 003 000
Cash, Bank	0	0	0	0
Total Current Assets	1 896 296 000	1 998 000 000	1 890 774 000	1 726 446 000
Total Assets	2 037 711 000	2 044 133 000	1 930 646 000	1 758 073 000
Total Equity	212 500 000	177 093 000	161 047 000	136 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 095 000	20 824 000	18 263 000	15 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 795 127 000	1 844 911 000	1 750 011 000	1 605 560 000
Total Current Debt	1 787 336 000	1 839 996 000	1 751 336 000	1 606 863 000
Total Equity and Debt	2 037 711 000	2 044 133 000	5 000 000	5 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,8 %	9,06 %	6,05 %	10,39 %
Debt-to-Equity Ratio	0,13	0,12	0,11	0,11
Operating Profit Margin	42,4 %	39,56 %	38,1 %	41,57 %
Current Ratio	1,06	1,09	1,08	1,07
Quick Ratio	1,06	1,09	1,08	1,07
Equity Ratio	0,1	0,09	0,08	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %