ETG AS

2380 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

−74,68 %

Current Ratio

0,46

Debt-to-Equity Ratio

−1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 342 000	10 228 000	8 571 000	10 764 000
Net Income	2 138 000	−2 816 000	−2 391 000	43 000
Total Assets	9 055 000	8 902 000	9 662 000	8 887 000
Total Equity	−2 863 000	−5 001 000	−2 185 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 342 000	10 228 000	8 571 000	10 764 000
Expenditure	12 863 000	12 784 000	10 687 000	10 712 000
Operating Profit	2 479 000	−2 556 000	−2 116 000	52 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	343 000	261 000	276 000	10 000
Financial Balance	−342 000	−260 000	−275 000	−9 000
Earnings Before Tax	2 138 000	−2 816 000	−2 391 000	43 000
Tax	0	0	0	0
Net Income	2 138 000	−2 816 000	−2 391 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 997 000	6 158 000	6 369 000	6 375 000
Total Current Assets	3 058 000	2 743 000	3 293 000	2 512 000
Total Assets	9 055 000	8 902 000	9 662 000	8 887 000
Total Retained Equity	−3 263 000	−5 401 000	−2 585 000	−194 000
Total Equity	−2 863 000	−5 001 000	−2 185 000	206 000
Total Long-Term Debt	5 286 000	5 480 000	5 673 000	5 850 000
Total Current Debt	6 631 000	8 423 000	6 174 000	2 831 000
Total Equity and Debt	9 055 000	8 902 000	9 662 000	8 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 455 000	8 831 000	11 753 000	10 748 000
Other Income	1 886 000	1 397 000	−3 182 000	15 000
Revenue	15 342 000	10 228 000	8 571 000	10 764 000
Cost of Goods Sold	356 000	335 000	263 000	223 000
Salary Costs	5 539 000	4 380 000	3 430 000	4 717 000
Depreciation	436 000	325 000	313 000	302 000
Impairment	0	0	0	0
Expenditure	12 863 000	12 784 000	10 687 000	10 712 000
Operating Profit	2 479 000	−2 556 000	−2 116 000	52 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	343 000	261 000	276 000	10 000
Financial Balance	−342 000	−260 000	−275 000	−9 000
Dividends	0	0	0	0
Net Income	2 138 000	−2 816 000	−2 391 000	43 000

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	4 417 000	4 452 000	4 537 000	4 416 000
Total Tangible Assets	4 417 000	4 452 000	4 537 000	4 416 000
Total Fiancial Fixed Assets	1 580 000	1 706 000	1 832 000	1 959 000
Total Fixed Assets	5 997 000	6 158 000	6 369 000	6 375 000
Stock	98 000	107 000	158 000	182 000
Total Investments	0	0	0	0
Cash, Bank	2 351 000	2 144 000	2 194 000	1 547 000
Total Current Assets	3 058 000	2 743 000	3 293 000	2 512 000
Total Assets	9 055 000	8 902 000	9 662 000	8 887 000
Total Equity	−2 863 000	−5 001 000	−2 185 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 286 000	5 480 000	5 673 000	5 850 000
Creditors	494 000	763 000	721 000	329 000
Unpaid Taxes	206 000	286 000	289 000	270 000
Dividends	0	0	0	0
Other Current Debt	5 931 000	7 373 000	5 165 000	2 232 000
Total Current Debt	6 631 000	8 423 000	6 174 000	2 831 000
Total Equity and Debt	9 055 000	8 902 000	9 662 000	8 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,68 %	56,31 %	109,43 %	20,87 %
Debt-to-Equity Ratio	−1,85	−1,1	−2,6	28,4
Operating Profit Margin	16,16 %	−24,99 %	−24,69 %	0,48 %
Current Ratio	0,46	0,33	0,53	0,89
Quick Ratio	0,47	0,33	0,55	0,95
Equity Ratio	−0,32	−0,56	−0,23	0,02
Gross Profit Margin	97,68 %	96,72 %	96,93 %	97,93 %