EPC NORGE AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

3,89 %

Current Ratio

7,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	0	0	200 000
Net Income	34 000	−97 000	−324 000	−107 000
Total Assets	1 014 000	1 017 000	1 143 000	2 464 000
Total Equity	873 000	−8 861 000	−8 764 000	−8 440 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	0	0	200 000
Expenditure	425 000	93 000	277 000	322 000
Operating Profit	12 000	−93 000	−277 000	−122 000
Financial Income	24 000	7 000	21 000	20 000
Financial Costs	1 000	11 000	68 000	5 000
Financial Balance	23 000	−4 000	−47 000	15 000
Earnings Before Tax	34 000	−97 000	−324 000	−107 000
Tax	0	0	0	0
Net Income	34 000	−97 000	−324 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	4 000
Total Current Assets	1 014 000	1 017 000	1 143 000	2 460 000
Total Assets	1 014 000	1 017 000	1 143 000	2 464 000
Total Retained Equity	34 000	−12 661 000	−12 564 000	−12 240 000
Total Equity	873 000	−8 861 000	−8 764 000	−8 440 000
Total Long-Term Debt	0	9 722 000	9 722 000	10 065 000
Total Current Debt	141 000	156 000	186 000	840 000
Total Equity and Debt	1 014 000	1 017 000	1 143 000	2 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	325 000	0	0	0
Other Income	111 000	0	0	200 000
Revenue	436 000	0	0	200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	269 000	0	0	0
Depreciation	0	0	4 000	60 000
Impairment	0	0	0	0
Expenditure	425 000	93 000	277 000	322 000
Operating Profit	12 000	−93 000	−277 000	−122 000
Financial Income	24 000	7 000	21 000	20 000
Financial Costs	1 000	11 000	68 000	5 000
Financial Balance	23 000	−4 000	−47 000	15 000
Dividends	0	0	0	0
Net Income	34 000	−97 000	−324 000	−107 000

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	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	844 000	939 000	1 135 000	2 192 000
Total Current Assets	1 014 000	1 017 000	1 143 000	2 460 000
Total Assets	1 014 000	1 017 000	1 143 000	2 464 000
Total Equity	873 000	−8 861 000	−8 764 000	−8 440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 722 000	9 722 000	10 065 000
Creditors	62 000	132 000	176 000	687 000
Unpaid Taxes	31 000	0	−14 000	−12 000
Dividends	0	0	0	0
Other Current Debt	48 000	24 000	24 000	165 000
Total Current Debt	141 000	156 000	186 000	840 000
Total Equity and Debt	1 014 000	1 017 000	1 143 000	2 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,89 %	1,09 %	3,7 %	1,27 %
Debt-to-Equity Ratio	0	−1,1	−1,11	−1,19
Operating Profit Margin	2,75 %	-	-	−61 %
Current Ratio	7,19	6,52	6,15	2,93
Quick Ratio	7,19	6,52	6,15	2,93
Equity Ratio	0,86	−8,71	−7,67	−3,43
Gross Profit Margin	100 %	-	-	100 %