3ET MANAGEMENT AS

4790 LILLESAND

Finances

Return on Equity

1,65 %

Current Ratio

3,56

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 598 000	6 691 000	4 477 000	6 234 000
Net Income	308 000	1 648 000	185 000	−416 000
Total Assets	23 264 000	19 644 000	24 451 000	23 732 000
Total Equity	18 656 000	18 348 000	16 700 000	16 515 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 598 000	6 691 000	4 477 000	6 234 000
Expenditure	3 022 000	4 603 000	3 990 000	5 983 000
Operating Profit	577 000	2 088 000	487 000	251 000
Financial Income	0	0	0	1 000
Financial Costs	154 000	182 000	267 000	481 000
Financial Balance	−154 000	−182 000	−267 000	−480 000
Earnings Before Tax	423 000	1 907 000	219 000	−229 000
Tax	114 000	258 000	34 000	186 000
Net Income	308 000	1 648 000	185 000	−416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 702 000	18 802 000	23 564 000	22 980 000
Total Current Assets	562 000	842 000	887 000	752 000
Total Assets	23 264 000	19 644 000	24 451 000	23 732 000
Total Retained Equity	18 556 000	18 248 000	16 600 000	16 415 000
Total Equity	18 656 000	18 348 000	16 700 000	16 515 000
Total Long-Term Debt	4 450 000	1 000 000	7 494 000	6 944 000
Total Current Debt	158 000	296 000	258 000	274 000
Total Equity and Debt	23 264 000	19 644 000	24 451 000	23 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 370 000	5 427 000	3 959 000	5 349 000
Other Income	228 000	1 264 000	518 000	885 000
Revenue	3 598 000	6 691 000	4 477 000	6 234 000
Cost of Goods Sold	2 856 000	4 380 000	3 584 000	4 188 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	26 000
Impairment	0	0	0	1 357 000
Expenditure	3 022 000	4 603 000	3 990 000	5 983 000
Operating Profit	577 000	2 088 000	487 000	251 000
Financial Income	0	0	0	1 000
Financial Costs	154 000	182 000	267 000	481 000
Financial Balance	−154 000	−182 000	−267 000	−480 000
Dividends	0	0	0	0
Net Income	308 000	1 648 000	185 000	−416 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 000 000	7 000 000	12 579 000	12 579 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 000 000	7 000 000	12 579 000	12 579 000
Total Fiancial Fixed Assets	15 702 000	11 802 000	10 985 000	10 401 000
Total Fixed Assets	22 702 000	18 802 000	23 564 000	22 980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	33 000	167 000	44 000
Total Current Assets	562 000	842 000	887 000	752 000
Total Assets	23 264 000	19 644 000	24 451 000	23 732 000
Total Equity	18 656 000	18 348 000	16 700 000	16 515 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 450 000	1 000 000	7 494 000	6 944 000
Creditors	0	8 000	3 000	23 000
Unpaid Taxes	0	0	0	64 000
Dividends	0	0	0	0
Other Current Debt	43 000	30 000	221 000	0
Total Current Debt	158 000	296 000	258 000	274 000
Total Equity and Debt	23 264 000	19 644 000	24 451 000	23 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,65 %	8,98 %	1,11 %	−2,52 %
Debt-to-Equity Ratio	0,24	0,05	0,45	0,42
Operating Profit Margin	16,04 %	31,21 %	10,88 %	4,03 %
Current Ratio	3,56	2,84	3,44	2,74
Quick Ratio	3,56	2,84	3,44	2,74
Equity Ratio	0,8	0,93	0,68	0,7
Gross Profit Margin	20,62 %	34,54 %	19,95 %	32,82 %