EULER HERMES NORGE

0166 OSLO

Finances

Share Ownership

Return on Equity

24,54 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,3

Key figures (EUR)	2022	2021	2020	2019
Revenue	605 768 000	394 113 000	11 586 000	26 995 000
Net Income	216 096 000	6 858 000	17 133 000	5 825 000
Total Assets	5 519 545 000	5 131 694 000	169 496 000	157 025 000
Total Equity	880 447 000	737 328 000	33 581 000	38 748 000

Income (EUR)	2022	2021	2020	2019
Revenue	605 768 000	394 113 000	11 586 000	26 995 000
Expenditure	440 851 000	372 484 000	11 713 000	16 953 000
Operating Profit	164 917 000	21 629 000	−127 000	10 042 000
Financial Income	127 555 000	70 081 000	6 166 000	2 046 000
Financial Costs	41 638 000	17 797 000	−14 848 000	1 947 000
Financial Balance	85 917 000	52 284 000	21 014 000	99 000
Earnings Before Tax	250 834 000	73 913 000	20 887 000	10 141 000
Tax	−10 730 000	21 129 000	3 758 000	4 668 000
Net Income	216 096 000	6 858 000	17 133 000	5 825 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	2 543 042 000	2 208 221 000	8 876 000	5 083 000
Total Current Assets	2 976 503 000	2 923 473 000	160 620 000	151 942 000
Total Assets	5 519 545 000	5 131 694 000	169 496 000	157 025 000
Total Retained Equity	469 551 000	326 433 000	0	0
Total Equity	880 447 000	737 328 000	33 581 000	38 748 000
Total Long-Term Debt	264 968 000	335 895 000	135 915 000	118 277 000
Total Current Debt	4 374 131 000	4 058 471 000	0	0
Total Equity and Debt	5 519 545 000	5 131 694 000	169 496 000	157 025 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	545 945 000	336 816 000	7 169 000	22 865 000
Other Income	59 824 000	57 297 000	4 417 000	4 129 000
Revenue	605 768 000	394 113 000	11 586 000	26 995 000
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	440 851 000	372 484 000	11 713 000	16 953 000
Operating Profit	164 917 000	21 629 000	−127 000	10 042 000
Financial Income	127 555 000	70 081 000	6 166 000	2 046 000
Financial Costs	41 638 000	17 797 000	−14 848 000	1 947 000
Financial Balance	85 917 000	52 284 000	21 014 000	99 000
Dividends	0	0	0	0
Net Income	216 096 000	6 858 000	17 133 000	5 825 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	29 500 000	49 829 000	0	0
Total Intangible Assets	29 500 000	49 829 000	5 618 000	1 843 000
Real Eastate	2 370 000	3 362 000	0	0
Machinery and Plant Facilities	0	0	3 258 000	3 240 000
Fixtures	0	0	0	0
Total Tangible Assets	2 370 000	3 362 000	3 258 000	3 240 000
Total Fiancial Fixed Assets	2 511 172 000	2 155 029 000	0	0
Total Fixed Assets	2 543 042 000	2 208 221 000	8 876 000	5 083 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	28 564 000	5 885 000
Total Current Assets	2 976 503 000	2 923 473 000	160 620 000	151 942 000
Total Assets	5 519 545 000	5 131 694 000	169 496 000	157 025 000
Total Equity	880 447 000	737 328 000	33 581 000	38 748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	264 968 000	335 895 000	135 915 000	118 277 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 374 131 000	4 058 471 000	0	0
Total Current Debt	4 374 131 000	4 058 471 000	0	0
Total Equity and Debt	5 519 545 000	5 131 694 000	169 496 000	157 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,54 %	0,93 %	51,02 %	15,03 %
Debt-to-Equity Ratio	0,3	0,46	4,05	3,05
Operating Profit Margin	27,22 %	5,49 %	−1,1 %	37,2 %
Current Ratio	0,68	0,72	-	-
Quick Ratio	0,68	0,72	-	-
Equity Ratio	0,16	0,14	0,2	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %