ENGETEK AS

1339 VØYENENGA

Finances

Return on Equity

−5,08 %

Current Ratio

8,53

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 000	0	60 000	305 000
Net Income	−57 000	−30 000	970 000	10 000
Total Assets	2 318 000	1 370 000	1 395 000	613 000
Total Equity	1 123 000	1 181 000	1 210 000	240 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 000	0	60 000	305 000
Expenditure	56 000	30 000	89 000	290 000
Operating Profit	−48 000	−30 000	−29 000	15 000
Financial Income	0	0	1 000 000	0
Financial Costs	10 000	0	1 000	5 000
Financial Balance	−10 000	0	999 000	−5 000
Earnings Before Tax	−57 000	−30 000	970 000	10 000
Tax	0	0	0	0
Net Income	−57 000	−30 000	970 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 900 000	35 000	35 000	267 000
Total Current Assets	418 000	1 335 000	1 360 000	346 000
Total Assets	2 318 000	1 370 000	1 395 000	613 000
Total Retained Equity	1 104 000	1 161 000	1 191 000	221 000
Total Equity	1 123 000	1 181 000	1 210 000	240 000
Total Long-Term Debt	1 145 000	160 000	0	0
Total Current Debt	49 000	29 000	185 000	373 000
Total Equity and Debt	2 318 000	1 370 000	1 395 000	613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	60 000	305 000
Other Income	8 000	0	0	0
Revenue	8 000	0	60 000	305 000
Cost of Goods Sold	0	0	37 000	236 000
Salary Costs	0	0	0	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	56 000	30 000	89 000	290 000
Operating Profit	−48 000	−30 000	−29 000	15 000
Financial Income	0	0	1 000 000	0
Financial Costs	10 000	0	1 000	5 000
Financial Balance	−10 000	0	999 000	−5 000
Dividends	0	0	0	0
Net Income	−57 000	−30 000	970 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 865 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 865 000	0	0	0
Total Fiancial Fixed Assets	35 000	35 000	35 000	267 000
Total Fixed Assets	1 900 000	35 000	35 000	267 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	1 123 000	1 150 000	116 000
Total Current Assets	418 000	1 335 000	1 360 000	346 000
Total Assets	2 318 000	1 370 000	1 395 000	613 000
Total Equity	1 123 000	1 181 000	1 210 000	240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 145 000	160 000	0	0
Creditors	49 000	29 000	27 000	25 000
Unpaid Taxes	0	0	0	11 000
Dividends	0	0	0	0
Other Current Debt	0	0	158 000	337 000
Total Current Debt	49 000	29 000	185 000	373 000
Total Equity and Debt	2 318 000	1 370 000	1 395 000	613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,08 %	−2,54 %	80,17 %	4,17 %
Debt-to-Equity Ratio	1,02	0,14	0	0
Operating Profit Margin	−600 %	-	−48,33 %	4,92 %
Current Ratio	8,53	46,03	7,35	0,93
Quick Ratio	8,53	46,03	7,35	0,93
Equity Ratio	0,48	0,86	0,87	0,39
Gross Profit Margin	100 %	-	38,33 %	22,62 %