EURO-SERVICE AS

4656 HAMRESANDEN

Finances

Share Ownership

Return on Equity

−43,9 %

Current Ratio

1,61

Debt-to-Equity Ratio

−2,62

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 032 000	2 459 000	3 497 000	3 766 000
Net Income	392 000	−75 000	−501 000	−653 000
Total Assets	3 124 000	1 829 000	1 820 000	2 413 000
Total Equity	−893 000	−1 484 000	−1 409 000	−908 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 032 000	2 459 000	3 497 000	3 766 000
Expenditure	4 622 000	2 506 000	3 971 000	4 268 000
Operating Profit	410 000	−47 000	−474 000	−503 000
Financial Income	0	0	0	0
Financial Costs	18 000	28 000	28 000	150 000
Financial Balance	−18 000	−28 000	−28 000	−150 000
Earnings Before Tax	392 000	−75 000	−501 000	−653 000
Tax	0	0	0	0
Net Income	392 000	−75 000	−501 000	−653 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	418 000	458 000	503 000	548 000
Total Current Assets	2 706 000	1 371 000	1 317 000	1 865 000
Total Assets	3 124 000	1 829 000	1 820 000	2 413 000
Total Retained Equity	−938 000	−1 529 000	−1 454 000	−953 000
Total Equity	−893 000	−1 484 000	−1 409 000	−908 000
Total Long-Term Debt	2 341 000	2 338 000	2 047 000	392 000
Total Current Debt	1 676 000	976 000	1 182 000	2 929 000
Total Equity and Debt	3 124 000	1 829 000	1 820 000	2 413 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 968 000	2 459 000	3 497 000	3 766 000
Other Income	65 000	0	0	0
Revenue	5 032 000	2 459 000	3 497 000	3 766 000
Cost of Goods Sold	2 888 000	1 143 000	1 549 000	1 167 000
Salary Costs	1 055 000	1 064 000	1 386 000	2 176 000
Depreciation	40 000	45 000	45 000	54 000
Impairment	0	0	0	0
Expenditure	4 622 000	2 506 000	3 971 000	4 268 000
Operating Profit	410 000	−47 000	−474 000	−503 000
Financial Income	0	0	0	0
Financial Costs	18 000	28 000	28 000	150 000
Financial Balance	−18 000	−28 000	−28 000	−150 000
Dividends	0	0	0	0
Net Income	392 000	−75 000	−501 000	−653 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	418 000	454 000	490 000	526 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	13 000	22 000
Total Tangible Assets	418 000	458 000	503 000	548 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	418 000	458 000	503 000	548 000
Stock	520 000	620 000	620 000	722 000
Total Investments	0	0	0	0
Cash, Bank	19 000	4 000	25 000	70 000
Total Current Assets	2 706 000	1 371 000	1 317 000	1 865 000
Total Assets	3 124 000	1 829 000	1 820 000	2 413 000
Total Equity	−893 000	−1 484 000	−1 409 000	−908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 341 000	2 338 000	2 047 000	392 000
Creditors	640 000	226 000	295 000	104 000
Unpaid Taxes	629 000	321 000	386 000	1 400 000
Dividends	0	0	0	0
Other Current Debt	406 000	429 000	502 000	1 425 000
Total Current Debt	1 676 000	976 000	1 182 000	2 929 000
Total Equity and Debt	3 124 000	1 829 000	1 820 000	2 413 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−43,9 %	5,05 %	35,56 %	71,92 %
Debt-to-Equity Ratio	−2,62	−1,58	−1,45	−0,43
Operating Profit Margin	8,15 %	−1,91 %	−13,55 %	−13,36 %
Current Ratio	1,61	1,4	1,11	0,64
Quick Ratio	2,34	3,85	2,34	0,85
Equity Ratio	−0,29	−0,81	−0,77	−0,38
Gross Profit Margin	42,61 %	53,52 %	55,7 %	69,01 %