ENVIRONMENTAL TECHNOLOGY AS

4323 SANDNES

Finances

Return on Equity

22,17 %

Current Ratio

3,14

Debt-to-Equity Ratio

1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 349 000	14 750 000	13 346 000	19 329 000
Net Income	3 280 000	740 000	527 000	2 068 000
Total Assets	44 408 000	38 525 000	37 882 000	22 112 000
Total Equity	14 796 000	12 033 000	11 644 000	11 273 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 349 000	14 750 000	13 346 000	19 329 000
Expenditure	20 149 000	16 200 000	12 218 000	16 599 000
Operating Profit	4 922 000	1 547 000	1 128 000	2 730 000
Financial Income	670 000	103 000	275 000	83 000
Financial Costs	1 377 000	698 000	743 000	217 000
Financial Balance	−707 000	−595 000	−468 000	−134 000
Earnings Before Tax	4 215 000	951 000	660 000	2 596 000
Tax	934 000	211 000	133 000	528 000
Net Income	3 280 000	740 000	527 000	2 068 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 930 000	22 500 000	22 085 000	5 434 000
Total Current Assets	21 478 000	16 025 000	15 797 000	16 678 000
Total Assets	44 408 000	38 525 000	37 882 000	22 112 000
Total Retained Equity	13 358 000	10 594 000	10 205 000	9 835 000
Total Equity	14 796 000	12 033 000	11 644 000	11 273 000
Total Long-Term Debt	22 761 000	23 083 000	23 036 000	5 118 000
Total Current Debt	6 851 000	3 409 000	3 202 000	5 721 000
Total Equity and Debt	44 408 000	38 525 000	37 882 000	22 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 528 000	14 292 000	12 548 000	19 328 000
Other Income	821 000	458 000	798 000	1 000
Revenue	19 349 000	14 750 000	13 346 000	19 329 000
Cost of Goods Sold	11 089 000	8 397 000	3 947 000	7 153 000
Salary Costs	3 799 000	2 669 000	2 156 000	3 297 000
Depreciation	1 128 000	1 126 000	1 573 000	1 119 000
Impairment	0	0	0	0
Expenditure	20 149 000	16 200 000	12 218 000	16 599 000
Operating Profit	4 922 000	1 547 000	1 128 000	2 730 000
Financial Income	670 000	103 000	275 000	83 000
Financial Costs	1 377 000	698 000	743 000	217 000
Financial Balance	−707 000	−595 000	−468 000	−134 000
Dividends	0	0	0	0
Net Income	3 280 000	740 000	527 000	2 068 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	73 000	0	0
Real Eastate	1 148 000	878 000	775 000	285 000
Machinery and Plant Facilities	560 000	604 000	2 968 000	4 261 000
Fixtures	3 973 000	3 811 000	1 208 000	888 000
Total Tangible Assets	5 681 000	5 293 000	4 950 000	5 434 000
Total Fiancial Fixed Assets	17 134 000	17 134 000	17 134 000	0
Total Fixed Assets	22 930 000	22 500 000	22 085 000	5 434 000
Stock	11 687 000	5 965 000	2 969 000	3 704 000
Total Investments	150 000	150 000	0	0
Cash, Bank	348 000	1 788 000	2 784 000	7 895 000
Total Current Assets	21 478 000	16 025 000	15 797 000	16 678 000
Total Assets	44 408 000	38 525 000	37 882 000	22 112 000
Total Equity	14 796 000	12 033 000	11 644 000	11 273 000
Short-Term Group Debt	1 362 000	449 000	0	0
Total Long-Term Debt	22 761 000	23 083 000	23 036 000	5 118 000
Creditors	2 923 000	1 341 000	942 000	2 321 000
Unpaid Taxes	616 000	602 000	403 000	366 000
Dividends	0	0	0	0
Other Current Debt	1 120 000	736 000	1 488 000	2 703 000
Total Current Debt	6 851 000	3 409 000	3 202 000	5 721 000
Total Equity and Debt	44 408 000	38 525 000	37 882 000	22 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,17 %	6,15 %	4,53 %	18,34 %
Debt-to-Equity Ratio	1,54	1,92	1,98	0,45
Operating Profit Margin	25,44 %	10,49 %	8,45 %	14,12 %
Current Ratio	3,14	4,7	4,93	2,92
Quick Ratio	−4,44	−6,27	67,8	8,27
Equity Ratio	0,33	0,31	0,31	0,51
Gross Profit Margin	42,69 %	43,07 %	70,43 %	62,99 %