EDDA SOLUTIONS AS

3717 SKIEN

Finances

Return on Equity

3,43 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	−51 000	226 000	117 000
Net Income	−86 000	−152 000	−76 000	−327 000
Total Assets	1 936 000	2 423 000	2 059 000	1 704 000
Total Equity	−2 504 000	−2 418 000	−2 266 000	−2 189 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	−51 000	226 000	117 000
Expenditure	80 000	101 000	302 000	443 000
Operating Profit	−80 000	−152 000	−76 000	−326 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	1 000
Financial Balance	−6 000	0	0	−1 000
Earnings Before Tax	−86 000	−152 000	−76 000	−327 000
Tax	0	0	0	0
Net Income	−86 000	−152 000	−76 000	−327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 114 000	1 141 000	1 047 000	1 054 000
Total Current Assets	823 000	1 282 000	1 011 000	651 000
Total Assets	1 936 000	2 423 000	2 059 000	1 704 000
Total Retained Equity	−2 523 000	−2 437 000	−2 285 000	−2 209 000
Total Equity	−2 504 000	−2 418 000	−2 266 000	−2 189 000
Total Long-Term Debt	84 000	105 000	0	0
Total Current Debt	4 356 000	4 736 000	4 324 000	3 894 000
Total Equity and Debt	1 936 000	2 423 000	2 059 000	1 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	271 000	0	117 000
Other Income	0	−322 000	226 000	0
Revenue	0	−51 000	226 000	117 000
Cost of Goods Sold	0	0	0	112 000
Salary Costs	0	−9 000	0	83 000
Depreciation	28 000	36 000	6 000	8 000
Impairment	0	0	0	0
Expenditure	80 000	101 000	302 000	443 000
Operating Profit	−80 000	−152 000	−76 000	−326 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	1 000
Financial Balance	−6 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	−86 000	−152 000	−76 000	−327 000

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	118 000	24 000	31 000
Total Tangible Assets	91 000	118 000	24 000	31 000
Total Fiancial Fixed Assets	1 023 000	1 023 000	1 023 000	1 023 000
Total Fixed Assets	1 114 000	1 141 000	1 047 000	1 054 000
Stock	96 000	165 000	165 000	165 000
Total Investments	0	0	0	0
Cash, Bank	76 000	549 000	104 000	53 000
Total Current Assets	823 000	1 282 000	1 011 000	651 000
Total Assets	1 936 000	2 423 000	2 059 000	1 704 000
Total Equity	−2 504 000	−2 418 000	−2 266 000	−2 189 000
Short-Term Group Debt	4 370 000	4 729 000	4 267 000	4 039 000
Total Long-Term Debt	84 000	105 000	0	0
Creditors	−14 000	7 000	49 000	8 000
Unpaid Taxes	0	0	1 000	9 000
Dividends	0	0	0	0
Other Current Debt	0	0	8 000	−162 000
Total Current Debt	4 356 000	4 736 000	4 324 000	3 894 000
Total Equity and Debt	1 936 000	2 423 000	2 059 000	1 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,43 %	6,29 %	3,35 %	14,94 %
Debt-to-Equity Ratio	−0,03	−0,04	−0	−0
Operating Profit Margin	-	298,04 %	−33,63 %	−278,63 %
Current Ratio	0,19	0,27	0,23	0,17
Quick Ratio	0,19	0,28	0,24	0,17
Equity Ratio	−1,29	−1	−1,1	−1,28
Gross Profit Margin	-	100 %	100 %	4,27 %