EFFEE FOUNDRY AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

81,05 %

Current Ratio

4,41

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	257 000	402 000	3 023 000	191 000
Net Income	3 426 000	−604 000	645 000	−503 000
Total Assets	6 694 000	4 776 000	6 234 000	4 751 000
Total Equity	4 227 000	802 000	205 000	−440 000

Income (NOK)	2022	2021	2020	2019
Revenue	257 000	402 000	3 023 000	191 000
Expenditure	1 285 000	1 079 000	2 615 000	763 000
Operating Profit	−1 028 000	−677 000	408 000	−571 000
Financial Income	4 311 000	7 000	420 000	1 000
Financial Costs	106 000	104 000	116 000	75 000
Financial Balance	4 205 000	−97 000	304 000	−74 000
Earnings Before Tax	3 177 000	−774 000	712 000	−645 000
Tax	−249 000	−170 000	66 000	−142 000
Net Income	3 426 000	−604 000	645 000	−503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 002 000	4 296 000	4 750 000	4 531 000
Total Current Assets	3 692 000	480 000	1 484 000	220 000
Total Assets	6 694 000	4 776 000	6 234 000	4 751 000
Total Retained Equity	2 437 000	−988 000	−385 000	−1 030 000
Total Equity	4 227 000	802 000	205 000	−440 000
Total Long-Term Debt	1 631 000	1 828 000	1 803 000	2 071 000
Total Current Debt	837 000	2 146 000	4 226 000	3 121 000
Total Equity and Debt	6 694 000	4 776 000	6 234 000	4 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 016 000	191 000
Other Income	257 000	402 000	7 000	0
Revenue	257 000	402 000	3 023 000	191 000
Cost of Goods Sold	0	0	1 003 000	77 000
Salary Costs	0	0	518 000	125 000
Depreciation	695 000	903 000	627 000	161 000
Impairment	0	0	0	0
Expenditure	1 285 000	1 079 000	2 615 000	763 000
Operating Profit	−1 028 000	−677 000	408 000	−571 000
Financial Income	4 311 000	7 000	420 000	1 000
Financial Costs	106 000	104 000	116 000	75 000
Financial Balance	4 205 000	−97 000	304 000	−74 000
Dividends	0	0	0	0
Net Income	3 426 000	−604 000	645 000	−503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 583 000	2 245 000	2 439 000	1 928 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	419 000	683 000	943 000	1 217 000
Total Tangible Assets	419 000	683 000	943 000	1 217 000
Total Fiancial Fixed Assets	0	1 368 000	1 368 000	1 386 000
Total Fixed Assets	3 002 000	4 296 000	4 750 000	4 531 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	155 000	0	1 000	20 000
Total Current Assets	3 692 000	480 000	1 484 000	220 000
Total Assets	6 694 000	4 776 000	6 234 000	4 751 000
Total Equity	4 227 000	802 000	205 000	−440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 631 000	1 828 000	1 803 000	2 071 000
Creditors	31 000	320 000	408 000	209 000
Unpaid Taxes	45 000	10 000	206 000	30 000
Dividends	0	0	0	0
Other Current Debt	761 000	55 000	1 624 000	953 000
Total Current Debt	837 000	2 146 000	4 226 000	3 121 000
Total Equity and Debt	6 694 000	4 776 000	6 234 000	4 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,05 %	−75,31 %	314,63 %	114,32 %
Debt-to-Equity Ratio	0,39	2,28	8,8	−4,71
Operating Profit Margin	−400 %	−168,41 %	13,5 %	−298,95 %
Current Ratio	4,41	0,22	0,35	0,07
Quick Ratio	4,41	0,22	0,35	0,07
Equity Ratio	0,63	0,17	0,03	−0,09
Gross Profit Margin	100 %	100 %	66,82 %	59,69 %