EB ENGINEERING AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

72,3 %

Current Ratio

0,15

Debt-to-Equity Ratio

4,31

Key figures (NOK)	2021	2020	2019
Revenue	1 951 000	1 888 000	972 000
Net Income	214 000	36 000	22 000
Total Assets	2 355 000	1 337 000	757 000
Total Equity	296 000	82 000	46 000

Income (NOK)	2021	2020	2019
Revenue	1 951 000	1 888 000	972 000
Expenditure	1 833 000	2 022 000	921 000
Operating Profit	118 000	−135 000	51 000
Financial Income	192 000	170 000	0
Financial Costs	89 000	37 000	23 000
Financial Balance	103 000	133 000	−23 000
Earnings Before Tax	221 000	−2 000	28 000
Tax	7 000	−38 000	6 000
Net Income	214 000	36 000	22 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	2 234 000	1 020 000	377 000
Total Current Assets	120 000	317 000	380 000
Total Assets	2 355 000	1 337 000	757 000
Total Retained Equity	272 000	57 000	22 000
Total Equity	296 000	82 000	46 000
Total Long-Term Debt	1 276 000	641 000	286 000
Total Current Debt	783 000	614 000	424 000
Total Equity and Debt	2 355 000	1 337 000	757 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 951 000	1 888 000	972 000
Other Income	0	0	0
Revenue	1 951 000	1 888 000	972 000
Cost of Goods Sold	11 000	710 000	32 000
Salary Costs	891 000	898 000	680 000
Depreciation	245 000	88 000	27 000
Impairment	0	0	0
Expenditure	1 833 000	2 022 000	921 000
Operating Profit	118 000	−135 000	51 000
Financial Income	192 000	170 000	0
Financial Costs	89 000	37 000	23 000
Financial Balance	103 000	133 000	−23 000
Dividends	0	0	0
Net Income	214 000	36 000	22 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	25 000	32 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	436 000	0	0
Fixtures	1 756 000	972 000	377 000
Total Tangible Assets	2 193 000	972 000	377 000
Total Fiancial Fixed Assets	17 000	17 000	0
Total Fixed Assets	2 234 000	1 020 000	377 000
Stock	65 000	65 000	65 000
Total Investments	0	0	0
Cash, Bank	14 000	131 000	158 000
Total Current Assets	120 000	317 000	380 000
Total Assets	2 355 000	1 337 000	757 000
Total Equity	296 000	82 000	46 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 276 000	641 000	286 000
Creditors	149 000	54 000	29 000
Unpaid Taxes	348 000	129 000	339 000
Dividends	0	0	0
Other Current Debt	263 000	432 000	56 000
Total Current Debt	783 000	614 000	424 000
Total Equity and Debt	2 355 000	1 337 000	757 000

Financial indicators	2021	2020	2019
Return on Equity	72,3 %	43,9 %	47,83 %
Debt-to-Equity Ratio	4,31	7,82	6,22
Operating Profit Margin	6,05 %	−7,15 %	5,25 %
Current Ratio	0,15	0,52	0,9
Quick Ratio	0,17	0,58	1,06
Equity Ratio	0,13	0,06	0,06
Gross Profit Margin	99,44 %	62,39 %	96,71 %