E&E COMPANY AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

163,52 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 856 000	1 344 000	843 000	1 024 000
Net Income	260 000	262 000	239 000	155 000
Total Assets	356 000	93 000	32 000	104 000
Total Equity	159 000	−101 000	−209 000	−549 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 856 000	1 344 000	843 000	1 024 000
Expenditure	1 518 000	996 000	604 000	826 000
Operating Profit	338 000	348 000	239 000	199 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	0	0
Financial Balance	−5 000	−12 000	0	0
Earnings Before Tax	334 000	336 000	239 000	199 000
Tax	74 000	74 000	0	44 000
Net Income	260 000	262 000	239 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	0	0	0
Total Current Assets	318 000	93 000	32 000	104 000
Total Assets	356 000	93 000	32 000	104 000
Total Retained Equity	129 000	−131 000	−239 000	0
Total Equity	159 000	−101 000	−209 000	−549 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	196 000	193 000	241 000	654 000
Total Equity and Debt	356 000	93 000	32 000	104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 842 000	1 344 000	843 000	1 024 000
Other Income	13 000	0	0	0
Revenue	1 856 000	1 344 000	843 000	1 024 000
Cost of Goods Sold	287 000	143 000	256 000	417 000
Salary Costs	595 000	678 000	230 000	242 000
Depreciation	13 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 518 000	996 000	604 000	826 000
Operating Profit	338 000	348 000	239 000	199 000
Financial Income	0	0	0	0
Financial Costs	5 000	12 000	0	0
Financial Balance	−5 000	−12 000	0	0
Dividends	0	0	0	0
Net Income	260 000	262 000	239 000	155 000

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	38 000	0	0	0
Total Tangible Assets	38 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	87 000	32 000	51 000
Total Current Assets	318 000	93 000	32 000	104 000
Total Assets	356 000	93 000	32 000	104 000
Total Equity	159 000	−101 000	−209 000	−549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	6 000	0	0
Unpaid Taxes	−56 000	−56 000	14 000	56 000
Dividends	0	0	0	0
Other Current Debt	168 000	169 000	227 000	554 000
Total Current Debt	196 000	193 000	241 000	654 000
Total Equity and Debt	356 000	93 000	32 000	104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	163,52 %	−259,41 %	−114,35 %	−28,23 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	18,21 %	25,89 %	28,35 %	19,43 %
Current Ratio	1,62	0,48	0,13	0,16
Quick Ratio	1,62	0,48	0,13	0,16
Equity Ratio	0,45	−1,09	−6,53	−5,28
Gross Profit Margin	84,54 %	89,36 %	69,63 %	59,28 %