ETRONIA AS

3746 SKIEN

Finances

Share Ownership

Return on Equity

3,44 %

Current Ratio

1,43

Debt-to-Equity Ratio

−2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	435 000	81 000	29 000	337 000
Net Income	−66 000	−268 000	−164 000	−137 000
Total Assets	3 050 000	3 031 000	2 988 000	3 065 000
Total Equity	−1 916 000	−1 850 000	−1 582 000	−1 418 000

Income (NOK)	2022	2021	2020	2019
Revenue	435 000	81 000	29 000	337 000
Expenditure	484 000	329 000	197 000	448 000
Operating Profit	−49 000	−248 000	−168 000	−111 000
Financial Income	1 000	1 000	0	2 000
Financial Costs	18 000	20 000	−4 000	28 000
Financial Balance	−17 000	−19 000	4 000	−26 000
Earnings Before Tax	−66 000	−268 000	−164 000	−137 000
Tax	0	0	0	0
Net Income	−66 000	−268 000	−164 000	−137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 906 000	2 856 000	2 856 000	2 856 000
Total Current Assets	143 000	175 000	132 000	209 000
Total Assets	3 050 000	3 031 000	2 988 000	3 065 000
Total Retained Equity	−2 227 000	−2 160 000	−1 893 000	−1 728 000
Total Equity	−1 916 000	−1 850 000	−1 582 000	−1 418 000
Total Long-Term Debt	4 866 000	4 788 000	4 470 000	4 448 000
Total Current Debt	100 000	92 000	100 000	34 000
Total Equity and Debt	3 050 000	3 031 000	2 988 000	3 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	432 000	81 000	0	0
Other Income	3 000	0	29 000	337 000
Revenue	435 000	81 000	29 000	337 000
Cost of Goods Sold	185 000	2 000	0	147 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	45 000
Impairment	0	0	0	0
Expenditure	484 000	329 000	197 000	448 000
Operating Profit	−49 000	−248 000	−168 000	−111 000
Financial Income	1 000	1 000	0	2 000
Financial Costs	18 000	20 000	−4 000	28 000
Financial Balance	−17 000	−19 000	4 000	−26 000
Dividends	0	0	0	0
Net Income	−66 000	−268 000	−164 000	−137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 856 000	2 856 000	2 856 000	2 856 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	0	0	0
Total Tangible Assets	2 906 000	2 856 000	2 856 000	2 856 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 906 000	2 856 000	2 856 000	2 856 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	31 000	−9 000	68 000
Total Current Assets	143 000	175 000	132 000	209 000
Total Assets	3 050 000	3 031 000	2 988 000	3 065 000
Total Equity	−1 916 000	−1 850 000	−1 582 000	−1 418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 866 000	4 788 000	4 470 000	4 448 000
Creditors	31 000	11 000	17 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 000	82 000	83 000	29 000
Total Current Debt	100 000	92 000	100 000	34 000
Total Equity and Debt	3 050 000	3 031 000	2 988 000	3 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,44 %	14,49 %	10,37 %	9,66 %
Debt-to-Equity Ratio	−2,54	−2,59	−2,83	−3,14
Operating Profit Margin	−11,26 %	−306,17 %	−579,31 %	−32,94 %
Current Ratio	1,43	1,9	1,32	6,15
Quick Ratio	1,43	1,9	1,32	6,15
Equity Ratio	−0,63	−0,61	−0,53	−0,46
Gross Profit Margin	57,47 %	97,53 %	100 %	56,38 %