ESSNOR UTVIKLING AS

2212 KONGSVINGER

Finances

Share Ownership

Return on Equity

−79,17 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 723 000	3 417 000	4 073 000	4 387 000
Net Income	−650 000	−554 000	8 000	−54 000
Total Assets	3 357 000	2 717 000	2 794 000	3 417 000
Total Equity	821 000	821 000	821 000	813 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 723 000	3 417 000	4 073 000	4 387 000
Expenditure	3 346 000	3 947 000	4 037 000	4 419 000
Operating Profit	−623 000	−531 000	35 000	−33 000
Financial Income	0	2 000	0	0
Financial Costs	27 000	25 000	25 000	22 000
Financial Balance	−27 000	−23 000	−25 000	−22 000
Earnings Before Tax	−650 000	−554 000	11 000	−54 000
Tax	0	0	2 000	0
Net Income	−650 000	−554 000	8 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 357 000	2 717 000	2 794 000	3 417 000
Total Assets	3 357 000	2 717 000	2 794 000	3 417 000
Total Retained Equity	0	0	8 000	0
Total Equity	821 000	821 000	821 000	813 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 536 000	1 896 000	1 973 000	2 605 000
Total Equity and Debt	3 357 000	2 717 000	2 794 000	3 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 723 000	3 417 000	4 073 000	4 387 000
Other Income	0	0	0	0
Revenue	2 723 000	3 417 000	4 073 000	4 387 000
Cost of Goods Sold	1 548 000	2 035 000	2 316 000	2 409 000
Salary Costs	1 475 000	1 556 000	1 383 000	1 716 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 346 000	3 947 000	4 037 000	4 419 000
Operating Profit	−623 000	−531 000	35 000	−33 000
Financial Income	0	2 000	0	0
Financial Costs	27 000	25 000	25 000	22 000
Financial Balance	−27 000	−23 000	−25 000	−22 000
Dividends	0	0	0	0
Net Income	−650 000	−554 000	8 000	−54 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 224 000	1 001 000	817 000	622 000
Total Investments	0	0	0	0
Cash, Bank	51 000	101 000	40 000	46 000
Total Current Assets	3 357 000	2 717 000	2 794 000	3 417 000
Total Assets	3 357 000	2 717 000	2 794 000	3 417 000
Total Equity	821 000	821 000	821 000	813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 939 000	1 598 000	1 292 000	1 180 000
Unpaid Taxes	149 000	153 000	186 000	245 000
Dividends	0	0	0	0
Other Current Debt	147 000	145 000	130 000	1 140 000
Total Current Debt	2 536 000	1 896 000	1 973 000	2 605 000
Total Equity and Debt	3 357 000	2 717 000	2 794 000	3 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,17 %	−67,48 %	0,97 %	−6,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,88 %	−15,54 %	0,86 %	−0,75 %
Current Ratio	1,32	1,43	1,42	1,31
Quick Ratio	2,56	3,04	2,42	1,72
Equity Ratio	0,24	0,3	0,29	0,24
Gross Profit Margin	43,15 %	40,44 %	43,14 %	45,09 %