ETEL AS

4886 GRIMSTAD

Finances

Return on Equity

2,47 %

Current Ratio

Debt-to-Equity Ratio

−1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−12 000	−17 000	−13 000	−14 000
Total Assets	608 000	608 000	608 000	272 000
Total Equity	−485 000	−473 000	−455 000	−442 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	12 000	17 000	13 000	13 000
Operating Profit	−12 000	−17 000	−13 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−12 000	−17 000	−13 000	−14 000
Tax	0	0	0	0
Net Income	−12 000	−17 000	−13 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	608 000	608 000	608 000	272 000
Total Current Assets	0	0	0	0
Total Assets	608 000	608 000	608 000	272 000
Total Retained Equity	−502 000	−490 000	−473 000	−459 000
Total Equity	−485 000	−473 000	−455 000	−442 000
Total Long-Term Debt	683 000	683 000	636 000	636 000
Total Current Debt	410 000	398 000	427 000	78 000
Total Equity and Debt	608 000	608 000	608 000	272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	17 000	13 000	13 000
Operating Profit	−12 000	−17 000	−13 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−12 000	−17 000	−13 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	336 000	336 000	336 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	272 000	272 000	272 000	272 000
Total Fixed Assets	608 000	608 000	608 000	272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	0	0	0
Total Assets	608 000	608 000	608 000	272 000
Total Equity	−485 000	−473 000	−455 000	−442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	683 000	683 000	636 000	636 000
Creditors	0	10 000	5 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	410 000	388 000	422 000	73 000
Total Current Debt	410 000	398 000	427 000	78 000
Total Equity and Debt	608 000	608 000	608 000	272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,47 %	3,59 %	2,86 %	3,17 %
Debt-to-Equity Ratio	−1,41	−1,44	−1,4	−1,44
Operating Profit Margin	-	-	-	-
Current Ratio	0	0	0	0
Quick Ratio	0	0	0	0
Equity Ratio	−0,8	−0,78	−0,75	−1,63
Gross Profit Margin	-	-	-	-