ESPEN EIDE & PARTNERE AS

4008 STAVANGER

Finances

Return on Equity

108 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 074 000	12 335 000	12 038 000	8 766 000
Net Income	1 080 000	1 887 000	2 333 000	844 000
Total Assets	3 674 000	4 124 000	5 646 000	2 970 000
Total Equity	1 000 000	1 000 000	1 000 000	1 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 074 000	12 335 000	12 038 000	8 766 000
Expenditure	9 606 000	9 870 000	9 018 000	7 571 000
Operating Profit	1 469 000	2 464 000	3 020 000	1 196 000
Financial Income	40 000	38 000	82 000	−14 000
Financial Costs	120 000	83 000	105 000	83 000
Financial Balance	−80 000	−45 000	−23 000	−97 000
Earnings Before Tax	1 388 000	2 420 000	2 997 000	1 099 000
Tax	308 000	533 000	664 000	255 000
Net Income	1 080 000	1 887 000	2 333 000	844 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	131 000	112 000	139 000	128 000
Total Current Assets	3 543 000	4 012 000	5 507 000	2 842 000
Total Assets	3 674 000	4 124 000	5 646 000	2 970 000
Total Retained Equity	850 000	850 000	850 000	893 000
Total Equity	1 000 000	1 000 000	1 000 000	1 043 000
Total Long-Term Debt	0	0	500 000	0
Total Current Debt	2 674 000	3 124 000	4 146 000	1 927 000
Total Equity and Debt	3 674 000	4 124 000	5 646 000	2 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 970 000	12 330 000	11 759 000	8 752 000
Other Income	104 000	5 000	278 000	15 000
Revenue	11 074 000	12 335 000	12 038 000	8 766 000
Cost of Goods Sold	1 762 000	2 258 000	1 760 000	1 456 000
Salary Costs	5 454 000	2 408 000	2 170 000	2 223 000
Depreciation	57 000	45 000	73 000	116 000
Impairment	0	0	0	0
Expenditure	9 606 000	9 870 000	9 018 000	7 571 000
Operating Profit	1 469 000	2 464 000	3 020 000	1 196 000
Financial Income	40 000	38 000	82 000	−14 000
Financial Costs	120 000	83 000	105 000	83 000
Financial Balance	−80 000	−45 000	−23 000	−97 000
Dividends	0	1 887 000	2 376 000	801 000
Net Income	1 080 000	1 887 000	2 333 000	844 000

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	91 000	112 000	139 000	128 000
Total Tangible Assets	91 000	112 000	139 000	128 000
Total Fiancial Fixed Assets	40 000	0	0	0
Total Fixed Assets	131 000	112 000	139 000	128 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 795 000	2 249 000	4 224 000	1 683 000
Total Current Assets	3 543 000	4 012 000	5 507 000	2 842 000
Total Assets	3 674 000	4 124 000	5 646 000	2 970 000
Total Equity	1 000 000	1 000 000	1 000 000	1 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	500 000	0
Creditors	117 000	246 000	339 000	230 000
Unpaid Taxes	477 000	461 000	221 000	225 000
Dividends	0	1 887 000	2 376 000	801 000
Other Current Debt	652 000	808 000	545 000	413 000
Total Current Debt	2 674 000	3 124 000	4 146 000	1 927 000
Total Equity and Debt	3 674 000	4 124 000	5 646 000	2 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108 %	188,7 %	233,3 %	80,92 %
Debt-to-Equity Ratio	0	0	0,5	0
Operating Profit Margin	13,27 %	19,98 %	25,09 %	13,64 %
Current Ratio	1,32	1,28	1,33	1,47
Quick Ratio	1,32	1,28	1,33	1,47
Equity Ratio	0,27	0,24	0,18	0,35
Gross Profit Margin	84,09 %	81,69 %	85,38 %	83,39 %