EULER HERMES SERVICE AB NUF

0166 OSLO

Finances

Share Ownership

Return on Equity

19 %

Current Ratio

6,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 116 000	14 707 000	16 882 000	15 804 000
Net Income	5 563 000	498 000	4 624 000	2 880 000
Total Assets	34 741 000	26 787 000	25 402 000	19 662 000
Total Equity	29 274 000	21 830 000	21 332 000	16 741 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 116 000	14 707 000	16 882 000	15 804 000
Expenditure	10 788 000	11 559 000	11 647 000	12 951 000
Operating Profit	4 328 000	3 148 000	5 235 000	2 853 000
Financial Income	922 000	−692 000	960 000	793 000
Financial Costs	0	0	0	0
Financial Balance	922 000	−692 000	960 000	793 000
Earnings Before Tax	5 249 000	2 456 000	6 194 000	3 646 000
Tax	−369 000	1 922 000	1 570 000	765 000
Net Income	5 563 000	498 000	4 624 000	2 880 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	141 000	166 000	144 000
Total Current Assets	34 597 000	26 646 000	25 236 000	19 518 000
Total Assets	34 741 000	26 787 000	25 402 000	19 662 000
Total Retained Equity	29 274 000	21 830 000	21 332 000	16 741 000
Total Equity	29 274 000	21 830 000	21 332 000	16 741 000
Total Long-Term Debt	0	0	2 055 000	2 138 000
Total Current Debt	5 467 000	4 957 000	2 015 000	783 000
Total Equity and Debt	34 741 000	26 787 000	25 402 000	19 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 116 000	0	0	0
Other Income	0	14 707 000	16 882 000	15 804 000
Revenue	15 116 000	14 707 000	16 882 000	15 804 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 788 000	11 559 000	11 647 000	12 951 000
Operating Profit	4 328 000	3 148 000	5 235 000	2 853 000
Financial Income	922 000	−692 000	960 000	793 000
Financial Costs	0	0	0	0
Financial Balance	922 000	−692 000	960 000	793 000
Dividends	0	0	0	0
Net Income	5 563 000	498 000	4 624 000	2 880 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	43 000	0
Total Intangible Assets	24 000	47 000	68 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	98 000	144 000
Fixtures	120 000	94 000	0	0
Total Tangible Assets	120 000	94 000	98 000	144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	144 000	141 000	166 000	144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 679 000	674 000	794 000	618 000
Total Current Assets	34 597 000	26 646 000	25 236 000	19 518 000
Total Assets	34 741 000	26 787 000	25 402 000	19 662 000
Total Equity	29 274 000	21 830 000	21 332 000	16 741 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 055 000	2 138 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 163 000	2 879 000	519 000	38 000
Total Current Debt	5 467 000	4 957 000	2 015 000	783 000
Total Equity and Debt	34 741 000	26 787 000	25 402 000	19 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19 %	2,28 %	21,68 %	17,2 %
Debt-to-Equity Ratio	0	0	0,1	0,13
Operating Profit Margin	28,63 %	21,4 %	31,01 %	18,05 %
Current Ratio	6,33	5,38	12,52	24,93
Quick Ratio	6,33	5,38	12,52	24,93
Equity Ratio	0,84	0,81	0,84	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %