ET HOLDING AS

3921 PORSGRUNN

Finances

Return on Equity

26,74 %

Current Ratio

1,06

Debt-to-Equity Ratio

5,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 333 000	162 203 000	169 500 000	0
Net Income	8 056 000	2 304 000	2 027 000	159 000
Total Assets	254 505 000	267 852 000	262 366 000	16 678 000
Total Equity	30 130 000	22 074 000	19 770 000	7 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 333 000	162 203 000	169 500 000	0
Expenditure	135 506 000	151 415 000	156 707 000	14 000
Operating Profit	18 828 000	10 787 000	12 794 000	−14 000
Financial Income	426 000	522 000	101 000	360 000
Financial Costs	8 656 000	8 330 000	10 252 000	142 000
Financial Balance	−8 230 000	−7 808 000	−10 151 000	218 000
Earnings Before Tax	10 597 000	2 978 000	2 643 000	204 000
Tax	2 542 000	674 000	617 000	45 000
Net Income	8 056 000	2 304 000	2 027 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 477 000	200 518 000	195 919 000	16 678 000
Total Current Assets	75 027 000	67 334 000	66 448 000	0
Total Assets	254 505 000	267 852 000	262 366 000	16 678 000
Total Retained Equity	26 151 000	18 095 000	6 078 000	3 792 000
Total Equity	30 130 000	22 074 000	19 770 000	7 771 000
Total Long-Term Debt	153 596 000	174 273 000	181 943 000	8 790 000
Total Current Debt	70 778 000	71 505 000	60 653 000	117 000
Total Equity and Debt	254 505 000	267 852 000	262 366 000	16 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	132 233 000	160 360 000	168 377 000	0
Other Income	22 100 000	1 843 000	1 123 000	0
Revenue	154 333 000	162 203 000	169 500 000	0
Cost of Goods Sold	58 701 000	68 559 000	74 494 000	0
Salary Costs	30 867 000	40 996 000	39 228 000	0
Depreciation	10 723 000	11 307 000	11 686 000	0
Impairment	0	0	0	0
Expenditure	135 506 000	151 415 000	156 707 000	14 000
Operating Profit	18 828 000	10 787 000	12 794 000	−14 000
Financial Income	426 000	522 000	101 000	360 000
Financial Costs	8 656 000	8 330 000	10 252 000	142 000
Financial Balance	−8 230 000	−7 808 000	−10 151 000	218 000
Dividends	0	0	0	0
Net Income	8 056 000	2 304 000	2 027 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	14 768 000	18 682 000	21 795 000	0
Total Intangible Assets	14 768 000	18 682 000	21 795 000	0
Real Eastate	93 704 000	95 077 000	96 790 000	0
Machinery and Plant Facilities	46 830 000	48 210 000	43 228 000	0
Fixtures	24 165 000	38 509 000	34 095 000	0
Total Tangible Assets	164 699 000	181 796 000	174 113 000	0
Total Fiancial Fixed Assets	10 000	40 000	10 000	16 678 000
Total Fixed Assets	179 477 000	200 518 000	195 919 000	16 678 000
Stock	43 124 000	41 772 000	40 966 000	0
Total Investments	0	0	0	0
Cash, Bank	985 000	1 601 000	1 513 000	0
Total Current Assets	75 027 000	67 334 000	66 448 000	0
Total Assets	254 505 000	267 852 000	262 366 000	16 678 000
Total Equity	30 130 000	22 074 000	19 770 000	7 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	153 596 000	174 273 000	181 943 000	8 790 000
Creditors	19 355 000	24 740 000	21 228 000	0
Unpaid Taxes	2 948 000	4 225 000	2 886 000	0
Dividends	0	0	0	0
Other Current Debt	10 014 000	5 206 000	5 214 000	72 000
Total Current Debt	70 778 000	71 505 000	60 653 000	117 000
Total Equity and Debt	254 505 000	267 852 000	262 366 000	16 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,74 %	10,44 %	10,25 %	2,05 %
Debt-to-Equity Ratio	5,1	7,89	9,2	1,13
Operating Profit Margin	12,2 %	6,65 %	7,55 %	-
Current Ratio	1,06	0,94	1,1	0
Quick Ratio	2,71	2,26	3,38	0
Equity Ratio	0,12	0,08	0,08	0,47
Gross Profit Margin	61,96 %	57,73 %	56,05 %	-