EURO INDUSTRIES NORD AS

1664 ROLVSØY

Finances

Share Ownership

Return on Equity

26,57 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 301 000	2 142 000	3 329 000	2 524 000
Net Income	−330 000	−407 000	155 000	−305 000
Total Assets	521 000	210 000	489 000	871 000
Total Equity	−1 242 000	−912 000	−505 000	−660 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 301 000	2 142 000	3 329 000	2 524 000
Expenditure	2 626 000	2 571 000	3 314 000	2 631 000
Operating Profit	−325 000	−429 000	15 000	−108 000
Financial Income	20 000	90 000	275 000	27 000
Financial Costs	24 000	68 000	135 000	53 000
Financial Balance	−4 000	22 000	140 000	−26 000
Earnings Before Tax	−330 000	−407 000	155 000	−134 000
Tax	0	0	0	171 000
Net Income	−330 000	−407 000	155 000	−305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	445 000	0	0	0
Total Current Assets	76 000	210 000	489 000	871 000
Total Assets	521 000	210 000	489 000	871 000
Total Retained Equity	−1 492 000	−1 162 000	−755 000	−910 000
Total Equity	−1 242 000	−912 000	−505 000	−660 000
Total Long-Term Debt	1 083 000	740 000	424 000	676 000
Total Current Debt	679 000	382 000	570 000	855 000
Total Equity and Debt	521 000	210 000	489 000	871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 249 000	2 043 000	3 254 000	2 472 000
Other Income	52 000	99 000	75 000	51 000
Revenue	2 301 000	2 142 000	3 329 000	2 524 000
Cost of Goods Sold	75 000	0	0	0
Salary Costs	2 334 000	2 303 000	2 948 000	2 297 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 626 000	2 571 000	3 314 000	2 631 000
Operating Profit	−325 000	−429 000	15 000	−108 000
Financial Income	20 000	90 000	275 000	27 000
Financial Costs	24 000	68 000	135 000	53 000
Financial Balance	−4 000	22 000	140 000	−26 000
Dividends	0	0	0	0
Net Income	−330 000	−407 000	155 000	−305 000

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	445 000	0	0	0
Total Fixed Assets	445 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	116 000	124 000	24 000
Total Current Assets	76 000	210 000	489 000	871 000
Total Assets	521 000	210 000	489 000	871 000
Total Equity	−1 242 000	−912 000	−505 000	−660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 083 000	740 000	424 000	676 000
Creditors	62 000	34 000	21 000	51 000
Unpaid Taxes	291 000	159 000	243 000	528 000
Dividends	0	0	0	0
Other Current Debt	325 000	190 000	306 000	276 000
Total Current Debt	679 000	382 000	570 000	855 000
Total Equity and Debt	521 000	210 000	489 000	871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,57 %	44,63 %	−30,69 %	46,21 %
Debt-to-Equity Ratio	−0,87	−0,81	−0,84	−1,02
Operating Profit Margin	−14,12 %	−20,03 %	0,45 %	−4,28 %
Current Ratio	0,11	0,55	0,86	1,02
Quick Ratio	0,11	0,55	0,86	1,02
Equity Ratio	−2,38	−4,34	−1,03	−0,76
Gross Profit Margin	96,74 %	100 %	100 %	100 %