ETTERSTAD BILVERKSTED AS

1081 OSLO

Finances

Share Ownership

Return on Equity

12,38 %

Current Ratio

3,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 986 000	12 548 000	12 077 000	11 267 000
Net Income	384 000	770 000	908 000	526 000
Total Assets	4 291 000	4 845 000	4 193 000	3 070 000
Total Equity	3 101 000	2 717 000	2 547 000	2 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 986 000	12 548 000	12 077 000	11 267 000
Expenditure	13 476 000	11 418 000	10 897 000	10 587 000
Operating Profit	510 000	1 129 000	1 179 000	680 000
Financial Income	0	0	0	4 000
Financial Costs	0	1 000	3 000	0
Financial Balance	0	−1 000	−3 000	4 000
Earnings Before Tax	509 000	1 128 000	1 176 000	684 000
Tax	125 000	358 000	268 000	158 000
Net Income	384 000	770 000	908 000	526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	287 000	462 000	789 000	924 000
Total Current Assets	4 004 000	4 383 000	3 403 000	2 145 000
Total Assets	4 291 000	4 845 000	4 193 000	3 070 000
Total Retained Equity	3 001 000	2 617 000	2 447 000	2 039 000
Total Equity	3 101 000	2 717 000	2 547 000	2 139 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 189 000	2 128 000	1 646 000	931 000
Total Equity and Debt	4 291 000	4 845 000	4 193 000	3 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 983 000	12 304 000	11 471 000	11 241 000
Other Income	3 000	244 000	606 000	26 000
Revenue	13 986 000	12 548 000	12 077 000	11 267 000
Cost of Goods Sold	8 547 000	5 419 000	5 845 000	5 550 000
Salary Costs	3 342 000	3 521 000	3 032 000	3 227 000
Depreciation	175 000	219 000	268 000	274 000
Impairment	0	0	0	0
Expenditure	13 476 000	11 418 000	10 897 000	10 587 000
Operating Profit	510 000	1 129 000	1 179 000	680 000
Financial Income	0	0	0	4 000
Financial Costs	0	1 000	3 000	0
Financial Balance	0	−1 000	−3 000	4 000
Dividends	0	600 000	500 000	0
Net Income	384 000	770 000	908 000	526 000

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	171 000	222 000	303 000	340 000
Fixtures	94 000	219 000	465 000	564 000
Total Tangible Assets	266 000	441 000	768 000	903 000
Total Fiancial Fixed Assets	21 000	21 000	21 000	21 000
Total Fixed Assets	287 000	462 000	789 000	924 000
Stock	1 979 000	2 494 000	1 404 000	1 047 000
Total Investments	0	0	0	0
Cash, Bank	1 083 000	1 023 000	1 112 000	450 000
Total Current Assets	4 004 000	4 383 000	3 403 000	2 145 000
Total Assets	4 291 000	4 845 000	4 193 000	3 070 000
Total Equity	3 101 000	2 717 000	2 547 000	2 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	42 000	59 000	−90 000
Unpaid Taxes	482 000	604 000	366 000	278 000
Dividends	0	600 000	500 000	0
Other Current Debt	559 000	524 000	452 000	385 000
Total Current Debt	1 189 000	2 128 000	1 646 000	931 000
Total Equity and Debt	4 291 000	4 845 000	4 193 000	3 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,38 %	28,34 %	35,65 %	24,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,65 %	9 %	9,76 %	6,04 %
Current Ratio	3,37	2,06	2,07	2,3
Quick Ratio	−5,07	−11,98	14,06	−18,49
Equity Ratio	0,72	0,56	0,61	0,7
Gross Profit Margin	38,89 %	56,81 %	51,6 %	50,74 %