EFEM GROUP AS

1081 OSLO

Finances

Return on Equity

45,98 %

Current Ratio

4,69

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 867 000	2 137 000	1 472 000	1 108 000
Net Income	1 235 000	923 000	233 000	256 000
Total Assets	8 385 000	4 211 000	3 838 000	3 486 000
Total Equity	2 686 000	1 601 000	678 000	445 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 867 000	2 137 000	1 472 000	1 108 000
Expenditure	2 660 000	950 000	1 098 000	779 000
Operating Profit	1 207 000	1 187 000	375 000	329 000
Financial Income	150 000	0	0	7 000
Financial Costs	4 000	4 000	51 000	6 000
Financial Balance	146 000	−4 000	−51 000	1 000
Earnings Before Tax	1 354 000	1 184 000	323 000	329 000
Tax	119 000	261 000	91 000	73 000
Net Income	1 235 000	923 000	233 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 498 000	1 050 000	1 584 000	692 000
Total Current Assets	4 887 000	3 161 000	2 254 000	2 794 000
Total Assets	8 385 000	4 211 000	3 838 000	3 486 000
Total Retained Equity	2 498 000	1 413 000	490 000	257 000
Total Equity	2 686 000	1 601 000	678 000	445 000
Total Long-Term Debt	4 657 000	1 493 000	1 501 000	1 000 000
Total Current Debt	1 043 000	1 116 000	1 659 000	2 041 000
Total Equity and Debt	8 385 000	4 211 000	3 838 000	3 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 867 000	2 137 000	1 472 000	1 108 000
Other Income	0	0	0	0
Revenue	3 867 000	2 137 000	1 472 000	1 108 000
Cost of Goods Sold	179 000	0	60 000	0
Salary Costs	1 022 000	654 000	601 000	393 000
Depreciation	225 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 660 000	950 000	1 098 000	779 000
Operating Profit	1 207 000	1 187 000	375 000	329 000
Financial Income	150 000	0	0	7 000
Financial Costs	4 000	4 000	51 000	6 000
Financial Balance	146 000	−4 000	−51 000	1 000
Dividends	0	0	0	0
Net Income	1 235 000	923 000	233 000	256 000

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	2 028 000	0	0	0
Total Tangible Assets	2 028 000	0	0	0
Total Fiancial Fixed Assets	1 470 000	1 050 000	1 584 000	692 000
Total Fixed Assets	3 498 000	1 050 000	1 584 000	692 000
Stock	2 150 000	2 150 000	2 150 000	2 150 000
Total Investments	0	0	0	0
Cash, Bank	113 000	95 000	104 000	24 000
Total Current Assets	4 887 000	3 161 000	2 254 000	2 794 000
Total Assets	8 385 000	4 211 000	3 838 000	3 486 000
Total Equity	2 686 000	1 601 000	678 000	445 000
Short-Term Group Debt	0	0	567 000	493 000
Total Long-Term Debt	4 657 000	1 493 000	1 501 000	1 000 000
Creditors	260 000	268 000	585 000	1 103 000
Unpaid Taxes	247 000	197 000	116 000	35 000
Dividends	0	0	0	0
Other Current Debt	330 000	390 000	301 000	244 000
Total Current Debt	1 043 000	1 116 000	1 659 000	2 041 000
Total Equity and Debt	8 385 000	4 211 000	3 838 000	3 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,98 %	57,65 %	34,37 %	57,53 %
Debt-to-Equity Ratio	1,73	0,93	2,21	2,25
Operating Profit Margin	31,21 %	55,55 %	25,48 %	29,69 %
Current Ratio	4,69	2,83	1,36	1,37
Quick Ratio	−4,41	−3,06	−4,59	−25,63
Equity Ratio	0,32	0,38	0,18	0,13
Gross Profit Margin	95,37 %	100 %	95,92 %	100 %