EURUS ENERGY NORWAY AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

23,31 %

Current Ratio

6,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 908 000	10 145 000	10 837 000	9 443 000
Net Income	3 046 000	3 169 000	4 033 000	3 396 000
Total Assets	15 280 000	15 536 000	13 958 000	10 084 000
Total Equity	13 065 000	13 018 000	10 849 000	7 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 908 000	10 145 000	10 837 000	9 443 000
Expenditure	6 725 000	6 065 000	5 567 000	5 147 000
Operating Profit	4 183 000	4 080 000	5 271 000	4 296 000
Financial Income	−277 000	−17 000	−97 000	59 000
Financial Costs	0	0	3 000	2 000
Financial Balance	−277 000	−17 000	−100 000	57 000
Earnings Before Tax	3 905 000	4 063 000	5 171 000	4 354 000
Tax	859 000	894 000	1 138 000	958 000
Net Income	3 046 000	3 169 000	4 033 000	3 396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	15 280 000	15 536 000	13 958 000	10 084 000
Total Assets	15 280 000	15 536 000	13 958 000	10 084 000
Total Retained Equity	12 265 000	12 218 000	10 049 000	6 716 000
Total Equity	13 065 000	13 018 000	10 849 000	7 516 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 215 000	2 518 000	3 109 000	2 568 000
Total Equity and Debt	15 280 000	15 536 000	13 958 000	10 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 908 000	10 145 000	10 837 000	9 443 000
Other Income	0	0	0	0
Revenue	10 908 000	10 145 000	10 837 000	9 443 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 866 000	5 526 000	4 912 000	4 571 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 725 000	6 065 000	5 567 000	5 147 000
Operating Profit	4 183 000	4 080 000	5 271 000	4 296 000
Financial Income	−277 000	−17 000	−97 000	59 000
Financial Costs	0	0	3 000	2 000
Financial Balance	−277 000	−17 000	−100 000	57 000
Dividends	0	0	0	0
Net Income	3 046 000	3 169 000	4 033 000	3 396 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 215 000	11 825 000	8 204 000	7 309 000
Total Current Assets	15 280 000	15 536 000	13 958 000	10 084 000
Total Assets	15 280 000	15 536 000	13 958 000	10 084 000
Total Equity	13 065 000	13 018 000	10 849 000	7 516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	13 000	7 000	12 000
Unpaid Taxes	945 000	1 089 000	1 504 000	1 178 000
Dividends	0	0	0	0
Other Current Debt	390 000	523 000	460 000	420 000
Total Current Debt	2 215 000	2 518 000	3 109 000	2 568 000
Total Equity and Debt	15 280 000	15 536 000	13 958 000	10 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,31 %	24,34 %	37,17 %	45,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,35 %	40,22 %	48,64 %	45,49 %
Current Ratio	6,9	6,17	4,49	3,93
Quick Ratio	6,9	6,17	4,49	3,93
Equity Ratio	0,86	0,84	0,78	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %