ETIKETT SYSTEMER AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

40,39 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 911 000	3 807 000	2 854 000	2 677 000
Net Income	267 000	167 000	152 000	7 000
Total Assets	1 716 000	1 007 000	796 000	429 000
Total Equity	661 000	534 000	320 000	167 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 911 000	3 807 000	2 854 000	2 677 000
Expenditure	4 580 000	3 602 000	2 622 000	2 667 000
Operating Profit	344 000	205 000	233 000	10 000
Financial Income	2 000	10 000	2 000	7 000
Financial Costs	4 000	1 000	7 000	10 000
Financial Balance	−2 000	9 000	−5 000	−3 000
Earnings Before Tax	342 000	214 000	228 000	7 000
Tax	75 000	47 000	76 000	0
Net Income	267 000	167 000	152 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 716 000	1 007 000	796 000	429 000
Total Assets	1 716 000	1 007 000	796 000	429 000
Total Retained Equity	558 000	431 000	217 000	64 000
Total Equity	661 000	534 000	320 000	167 000
Total Long-Term Debt	0	0	31 000	0
Total Current Debt	1 055 000	473 000	445 000	262 000
Total Equity and Debt	1 716 000	1 007 000	796 000	429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 911 000	3 807 000	2 854 000	2 677 000
Other Income	1 000	0	0	0
Revenue	4 911 000	3 807 000	2 854 000	2 677 000
Cost of Goods Sold	3 195 000	2 359 000	1 761 000	1 528 000
Salary Costs	787 000	893 000	491 000	803 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 580 000	3 602 000	2 622 000	2 667 000
Operating Profit	344 000	205 000	233 000	10 000
Financial Income	2 000	10 000	2 000	7 000
Financial Costs	4 000	1 000	7 000	10 000
Financial Balance	−2 000	9 000	−5 000	−3 000
Dividends	140 000	0	0	0
Net Income	267 000	167 000	152 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	183 000	170 000	111 000	123 000
Total Investments	0	0	0	0
Cash, Bank	933 000	460 000	478 000	166 000
Total Current Assets	1 716 000	1 007 000	796 000	429 000
Total Assets	1 716 000	1 007 000	796 000	429 000
Total Equity	661 000	534 000	320 000	167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	31 000	0
Creditors	646 000	246 000	173 000	65 000
Unpaid Taxes	107 000	99 000	101 000	113 000
Dividends	140 000	0	0	0
Other Current Debt	87 000	94 000	126 000	84 000
Total Current Debt	1 055 000	473 000	445 000	262 000
Total Equity and Debt	1 716 000	1 007 000	796 000	429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,39 %	31,27 %	47,5 %	4,19 %
Debt-to-Equity Ratio	0	0	0,1	0
Operating Profit Margin	7 %	5,38 %	8,16 %	0,37 %
Current Ratio	1,63	2,13	1,79	1,64
Quick Ratio	1,97	3,32	2,38	3,09
Equity Ratio	0,39	0,53	0,4	0,39
Gross Profit Margin	34,94 %	38,04 %	38,3 %	42,92 %