ERTNES KJØTT AS

1526 MOSS

Finances

Return on Equity

−112,8 %

Current Ratio

Debt-to-Equity Ratio

3,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 717 000	25 175 000	26 106 000	20 354 000
Net Income	−758 000	267 000	385 000	−323 000
Total Assets	4 882 000	5 882 000	5 791 000	5 479 000
Total Equity	672 000	1 480 000	1 213 000	842 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 717 000	25 175 000	26 106 000	20 354 000
Expenditure	20 571 000	24 751 000	25 502 000	20 625 000
Operating Profit	−854 000	424 000	604 000	−272 000
Financial Income	6 000	5 000	2 000	2 000
Financial Costs	119 000	89 000	112 000	140 000
Financial Balance	−113 000	−84 000	−110 000	−138 000
Earnings Before Tax	−967 000	341 000	494 000	−409 000
Tax	−209 000	74 000	109 000	−87 000
Net Income	−758 000	267 000	385 000	−323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 209 000	3 287 000	3 629 000	4 261 000
Total Current Assets	1 672 000	2 594 000	2 162 000	1 218 000
Total Assets	4 882 000	5 882 000	5 791 000	5 479 000
Total Retained Equity	572 000	1 380 000	1 113 000	742 000
Total Equity	672 000	1 480 000	1 213 000	842 000
Total Long-Term Debt	2 546 000	2 574 000	2 719 000	2 828 000
Total Current Debt	1 664 000	1 828 000	1 859 000	1 810 000
Total Equity and Debt	4 882 000	5 882 000	5 791 000	5 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 252 000	25 175 000	26 106 000	20 354 000
Other Income	465 000	0	0	0
Revenue	19 717 000	25 175 000	26 106 000	20 354 000
Cost of Goods Sold	11 352 000	13 881 000	14 677 000	10 498 000
Salary Costs	6 033 000	8 009 000	7 793 000	7 342 000
Depreciation	468 000	524 000	610 000	612 000
Impairment	0	0	0	0
Expenditure	20 571 000	24 751 000	25 502 000	20 625 000
Operating Profit	−854 000	424 000	604 000	−272 000
Financial Income	6 000	5 000	2 000	2 000
Financial Costs	119 000	89 000	112 000	140 000
Financial Balance	−113 000	−84 000	−110 000	−138 000
Dividends	0	0	0	0
Net Income	−758 000	267 000	385 000	−323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	304 000	95 000	58 000	59 000
Real Eastate	2 354 000	2 383 000	2 574 000	2 765 000
Machinery and Plant Facilities	344 000	779 000	947 000	1 366 000
Fixtures	189 000	0	0	0
Total Tangible Assets	2 887 000	3 162 000	3 521 000	4 130 000
Total Fiancial Fixed Assets	19 000	31 000	50 000	71 000
Total Fixed Assets	3 209 000	3 287 000	3 629 000	4 261 000
Stock	361 000	569 000	425 000	417 000
Total Investments	0	0	0	0
Cash, Bank	955 000	1 892 000	1 552 000	486 000
Total Current Assets	1 672 000	2 594 000	2 162 000	1 218 000
Total Assets	4 882 000	5 882 000	5 791 000	5 479 000
Total Equity	672 000	1 480 000	1 213 000	842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 546 000	2 574 000	2 719 000	2 828 000
Creditors	357 000	142 000	27 000	79 000
Unpaid Taxes	537 000	980 000	1 068 000	999 000
Dividends	0	0	0	0
Other Current Debt	770 000	596 000	657 000	587 000
Total Current Debt	1 664 000	1 828 000	1 859 000	1 810 000
Total Equity and Debt	4 882 000	5 882 000	5 791 000	5 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−112,8 %	18,04 %	31,74 %	−38,36 %
Debt-to-Equity Ratio	3,79	1,74	2,24	3,36
Operating Profit Margin	−4,33 %	1,68 %	2,31 %	−1,34 %
Current Ratio	1	1,42	1,16	0,67
Quick Ratio	1,28	2,06	1,51	0,87
Equity Ratio	0,14	0,25	0,21	0,15
Gross Profit Margin	42,43 %	44,86 %	43,78 %	48,42 %