ED SOLUTIONS AS

0581 OSLO

Finances

Share Ownership

Return on Equity

20,99 %

Current Ratio

2,56

Debt-to-Equity Ratio

6,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	469 000	434 000	222 000	176 000
Net Income	17 000	25 000	10 000	−3 000
Total Assets	618 000	116 000	70 000	50 000
Total Equity	81 000	63 000	38 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	469 000	434 000	222 000	176 000
Expenditure	439 000	402 000	208 000	179 000
Operating Profit	29 000	32 000	13 000	−3 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	22 000	32 000	13 000	−3 000
Tax	5 000	7 000	3 000	0
Net Income	17 000	25 000	10 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	513 000	0	0	0
Total Current Assets	105 000	116 000	70 000	50 000
Total Assets	618 000	116 000	70 000	50 000
Total Retained Equity	51 000	33 000	8 000	−8 000
Total Equity	81 000	63 000	38 000	22 000
Total Long-Term Debt	497 000	10 000	0	11 000
Total Current Debt	41 000	43 000	32 000	18 000
Total Equity and Debt	618 000	116 000	70 000	50 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	469 000	434 000	222 000	176 000
Other Income	0	0	0	0
Revenue	469 000	434 000	222 000	176 000
Cost of Goods Sold	1 000	6 000	2 000	0
Salary Costs	187 000	86 000	11 000	67 000
Depreciation	37 000	0	0	0
Impairment	0	0	0	0
Expenditure	439 000	402 000	208 000	179 000
Operating Profit	29 000	32 000	13 000	−3 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	17 000	25 000	10 000	−3 000

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	513 000	0	0	0
Total Tangible Assets	513 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	513 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	65 000	67 000	18 000
Total Current Assets	105 000	116 000	70 000	50 000
Total Assets	618 000	116 000	70 000	50 000
Total Equity	81 000	63 000	38 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	497 000	10 000	0	11 000
Creditors	1 000	17 000	1 000	1 000
Unpaid Taxes	26 000	13 000	14 000	11 000
Dividends	0	0	0	0
Other Current Debt	14 000	6 000	15 000	6 000
Total Current Debt	41 000	43 000	32 000	18 000
Total Equity and Debt	618 000	116 000	70 000	50 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,99 %	39,68 %	26,32 %	−13,64 %
Debt-to-Equity Ratio	6,14	0,16	0	0,5
Operating Profit Margin	6,18 %	7,37 %	5,86 %	−1,7 %
Current Ratio	2,56	2,7	2,19	2,78
Quick Ratio	2,56	2,7	2,19	2,78
Equity Ratio	0,13	0,54	0,54	0,44
Gross Profit Margin	99,79 %	98,62 %	99,1 %	100 %