STIFTELSEN ETNE BUSTADSKIPING

5590 ETNE

Finances

Share Ownership

Return on Equity

11,06 %

Current Ratio

3,28

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 225 000	1 752 000	1 712 000	1 735 000
Net Income	598 000	295 000	217 000	439 000
Total Assets	8 770 000	8 571 000	8 547 000	9 164 000
Total Equity	5 409 000	4 811 000	4 516 000	4 298 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 225 000	1 752 000	1 712 000	1 735 000
Expenditure	1 592 000	1 421 000	1 407 000	1 241 000
Operating Profit	634 000	332 000	304 000	493 000
Financial Income	1 000	0	0	3 000
Financial Costs	37 000	37 000	87 000	57 000
Financial Balance	−36 000	−37 000	−87 000	−54 000
Earnings Before Tax	598 000	295 000	217 000	439 000
Tax	0	0	0	0
Net Income	598 000	295 000	217 000	439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 639 000	7 886 000	8 125 000	8 288 000
Total Current Assets	1 130 000	685 000	422 000	876 000
Total Assets	8 770 000	8 571 000	8 547 000	9 164 000
Total Retained Equity	5 209 000	4 611 000	4 316 000	4 098 000
Total Equity	5 409 000	4 811 000	4 516 000	4 298 000
Total Long-Term Debt	3 016 000	3 498 000	3 860 000	4 464 000
Total Current Debt	345 000	261 000	171 000	402 000
Total Equity and Debt	8 770 000	8 571 000	8 547 000	9 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	0	0	0
Other Income	1 925 000	1 752 000	1 712 000	1 735 000
Revenue	2 225 000	1 752 000	1 712 000	1 735 000
Cost of Goods Sold	0	0	0	0
Salary Costs	140 000	211 000	173 000	183 000
Depreciation	265 000	267 000	265 000	257 000
Impairment	0	0	0	0
Expenditure	1 592 000	1 421 000	1 407 000	1 241 000
Operating Profit	634 000	332 000	304 000	493 000
Financial Income	1 000	0	0	3 000
Financial Costs	37 000	37 000	87 000	57 000
Financial Balance	−36 000	−37 000	−87 000	−54 000
Dividends	0	0	0	0
Net Income	598 000	295 000	217 000	439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 546 000	7 801 000	8 034 000	8 269 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	79 000	85 000	13 000
Total Tangible Assets	7 633 000	7 880 000	8 119 000	8 282 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	7 639 000	7 886 000	8 125 000	8 288 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	968 000	474 000	386 000	839 000
Total Current Assets	1 130 000	685 000	422 000	876 000
Total Assets	8 770 000	8 571 000	8 547 000	9 164 000
Total Equity	5 409 000	4 811 000	4 516 000	4 298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 016 000	3 498 000	3 860 000	4 464 000
Creditors	236 000	179 000	84 000	28 000
Unpaid Taxes	48 000	16 000	16 000	20 000
Dividends	0	0	0	0
Other Current Debt	61 000	66 000	72 000	354 000
Total Current Debt	345 000	261 000	171 000	402 000
Total Equity and Debt	8 770 000	8 571 000	8 547 000	9 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,06 %	6,13 %	4,81 %	10,21 %
Debt-to-Equity Ratio	0,56	0,73	0,85	1,04
Operating Profit Margin	28,49 %	18,95 %	17,76 %	28,41 %
Current Ratio	3,28	2,62	2,47	2,18
Quick Ratio	3,28	2,62	2,47	2,18
Equity Ratio	0,62	0,56	0,53	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %