ETNE INVEST AS

5590 ETNE

Finances

Return on Equity

120,56 %

Current Ratio

32,24

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	246 000	0	0	0
Net Income	1 888 000	−106 000	−172 000	−412 000
Total Assets	2 257 000	1 042 000	1 131 000	1 259 000
Total Equity	1 566 000	−322 000	−216 000	−44 000

Income (NOK)	2022	2021	2020	2019
Revenue	246 000	0	0	0
Expenditure	6 000	18 000	2 000	7 000
Operating Profit	240 000	−18 000	−2 000	−7 000
Financial Income	529 000	84 000	198 000	75 000
Financial Costs	−1 178 000	178 000	371 000	485 000
Financial Balance	1 707 000	−94 000	−173 000	−410 000
Earnings Before Tax	1 947 000	−112 000	−175 000	−417 000
Tax	59 000	−5 000	−3 000	−5 000
Net Income	1 888 000	−106 000	−172 000	−412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 257 000	1 042 000	1 131 000	1 259 000
Total Assets	2 257 000	1 042 000	1 131 000	1 259 000
Total Retained Equity	76 000	−1 812 000	−1 706 000	−1 534 000
Total Equity	1 566 000	−322 000	−216 000	−44 000
Total Long-Term Debt	621 000	1 339 000	1 323 000	1 283 000
Total Current Debt	70 000	26 000	24 000	19 000
Total Equity and Debt	2 257 000	1 042 000	1 131 000	1 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	246 000	0	0	0
Other Income	0	0	0	0
Revenue	246 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	18 000	2 000	7 000
Operating Profit	240 000	−18 000	−2 000	−7 000
Financial Income	529 000	84 000	198 000	75 000
Financial Costs	−1 178 000	178 000	371 000	485 000
Financial Balance	1 707 000	−94 000	−173 000	−410 000
Dividends	0	0	0	0
Net Income	1 888 000	−106 000	−172 000	−412 000

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	0	0	0	0
Total Investments	1 003 000	1 035 000	1 129 000	1 252 000
Cash, Bank	1 254 000	7 000	2 000	7 000
Total Current Assets	2 257 000	1 042 000	1 131 000	1 259 000
Total Assets	2 257 000	1 042 000	1 131 000	1 259 000
Total Equity	1 566 000	−322 000	−216 000	−44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	621 000	1 339 000	1 323 000	1 283 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	20 000	0	0
Total Current Debt	70 000	26 000	24 000	19 000
Total Equity and Debt	2 257 000	1 042 000	1 131 000	1 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	120,56 %	32,92 %	79,63 %	936,36 %
Debt-to-Equity Ratio	0,4	−4,16	−6,13	−29,16
Operating Profit Margin	97,56 %	-	-	-
Current Ratio	32,24	40,08	47,13	66,26
Quick Ratio	32,24	40,08	47,13	66,26
Equity Ratio	0,69	−0,31	−0,19	−0,03
Gross Profit Margin	100 %	-	-	-