EMICO AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

12,02 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	195 000	16 000
Net Income	−62 000	−50 000	101 000	−265 000
Total Assets	9 000	3 000	9 000	30 000
Total Equity	−516 000	−454 000	−404 000	−504 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	195 000	16 000
Expenditure	39 000	49 000	93 000	266 000
Operating Profit	−39 000	−49 000	103 000	−249 000
Financial Income	0	0	0	0
Financial Costs	23 000	1 000	2 000	16 000
Financial Balance	−23 000	−1 000	−2 000	−16 000
Earnings Before Tax	−62 000	−50 000	101 000	−265 000
Tax	0	0	0	0
Net Income	−62 000	−50 000	101 000	−265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	9 000	3 000	9 000	30 000
Total Assets	9 000	3 000	9 000	30 000
Total Retained Equity	−641 000	−579 000	−529 000	−629 000
Total Equity	−516 000	−454 000	−404 000	−504 000
Total Long-Term Debt	297 000	294 000	258 000	415 000
Total Current Debt	229 000	162 000	155 000	120 000
Total Equity and Debt	9 000	3 000	9 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	195 000	16 000
Other Income	0	0	0	0
Revenue	0	0	195 000	16 000
Cost of Goods Sold	3 000	0	27 000	77 000
Salary Costs	0	0	0	48 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	39 000	49 000	93 000	266 000
Operating Profit	−39 000	−49 000	103 000	−249 000
Financial Income	0	0	0	0
Financial Costs	23 000	1 000	2 000	16 000
Financial Balance	−23 000	−1 000	−2 000	−16 000
Dividends	0	0	0	0
Net Income	−62 000	−50 000	101 000	−265 000

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	3 000	3 000	9 000	2 000
Total Current Assets	9 000	3 000	9 000	30 000
Total Assets	9 000	3 000	9 000	30 000
Total Equity	−516 000	−454 000	−404 000	−504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	297 000	294 000	258 000	415 000
Creditors	113 000	60 000	46 000	23 000
Unpaid Taxes	0	9 000	26 000	1 000
Dividends	0	0	0	0
Other Current Debt	116 000	93 000	83 000	101 000
Total Current Debt	229 000	162 000	155 000	120 000
Total Equity and Debt	9 000	3 000	9 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,02 %	11,01 %	−25 %	52,58 %
Debt-to-Equity Ratio	−0,58	−0,65	−0,64	−0,82
Operating Profit Margin	-	-	52,82 %	−1 556,25 %
Current Ratio	0,04	0,02	0,06	0,25
Quick Ratio	0,04	0,02	0,06	0,25
Equity Ratio	−57,33	−151,33	−44,89	−16,8
Gross Profit Margin	-	-	86,15 %	−381,25 %