EASTERN TRADING AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

34,86 %

Current Ratio

4,57

Debt-to-Equity Ratio

2,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 410 000	3 132 000	2 707 000	964 000
Net Income	562 000	597 000	181 000	17 000
Total Assets	6 306 000	4 828 000	3 584 000	3 124 000
Total Equity	1 612 000	1 050 000	453 000	272 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 410 000	3 132 000	2 707 000	964 000
Expenditure	1 689 000	2 356 000	2 455 000	946 000
Operating Profit	721 000	777 000	252 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	16 000	30 000	0
Financial Balance	0	−16 000	−30 000	0
Earnings Before Tax	721 000	762 000	223 000	19 000
Tax	159 000	165 000	42 000	2 000
Net Income	562 000	597 000	181 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	138 000	159 000	0
Total Current Assets	6 195 000	4 690 000	3 425 000	3 124 000
Total Assets	6 306 000	4 828 000	3 584 000	3 124 000
Total Retained Equity	1 462 000	0	303 000	122 000
Total Equity	1 612 000	1 050 000	453 000	272 000
Total Long-Term Debt	3 337 000	3 246 000	3 029 000	2 775 000
Total Current Debt	1 357 000	532 000	102 000	77 000
Total Equity and Debt	6 306 000	4 828 000	3 584 000	3 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 371 000	3 099 000	2 680 000	951 000
Other Income	39 000	33 000	27 000	13 000
Revenue	2 410 000	3 132 000	2 707 000	964 000
Cost of Goods Sold	1 240 000	2 033 000	2 367 000	792 000
Salary Costs	0	0	0	0
Depreciation	28 000	21 000	11 000	0
Impairment	0	0	0	0
Expenditure	1 689 000	2 356 000	2 455 000	946 000
Operating Profit	721 000	777 000	252 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	16 000	30 000	0
Financial Balance	0	−16 000	−30 000	0
Dividends	0	0	0	0
Net Income	562 000	597 000	181 000	17 000

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	110 000	138 000	159 000	0
Total Tangible Assets	110 000	138 000	159 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	110 000	138 000	159 000	0
Stock	1 660 000	1 130 000	930 000	920 000
Total Investments	0	0	0	0
Cash, Bank	145 000	162 000	55 000	33 000
Total Current Assets	6 195 000	4 690 000	3 425 000	3 124 000
Total Assets	6 306 000	4 828 000	3 584 000	3 124 000
Total Equity	1 612 000	1 050 000	453 000	272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 337 000	3 246 000	3 029 000	2 775 000
Creditors	1 023 000	94 000	3 000	7 000
Unpaid Taxes	193 000	291 000	74 000	62 000
Dividends	0	0	0	0
Other Current Debt	−17 000	−17 000	−17 000	7 000
Total Current Debt	1 357 000	532 000	102 000	77 000
Total Equity and Debt	6 306 000	4 828 000	3 584 000	3 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,86 %	56,86 %	39,96 %	6,25 %
Debt-to-Equity Ratio	2,07	3,09	6,69	10,2
Operating Profit Margin	29,92 %	24,81 %	9,31 %	1,87 %
Current Ratio	4,57	8,82	33,58	40,57
Quick Ratio	−20,45	−7,84	−4,14	−3,71
Equity Ratio	0,26	0,22	0,13	0,09
Gross Profit Margin	48,55 %	35,09 %	12,56 %	17,84 %