EUROPOWER AS

0186 OSLO

Finances

Return on Equity

−6,63 %

Current Ratio

0,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 648 000	16 930 000	13 740 000	13 603 000
Net Income	−260 000	−2 681 000	500 000	−468 000
Total Assets	10 631 000	14 323 000	7 985 000	7 858 000
Total Equity	3 922 000	4 182 000	2 097 000	1 598 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 648 000	16 930 000	13 740 000	13 603 000
Expenditure	20 778 000	20 190 000	13 109 000	14 266 000
Operating Profit	−130 000	−3 260 000	631 000	−663 000
Financial Income	47 000	7 000	19 000	70 000
Financial Costs	5 000	7 000	7 000	6 000
Financial Balance	42 000	0	12 000	64 000
Earnings Before Tax	−89 000	−3 260 000	644 000	−599 000
Tax	171 000	−579 000	144 000	−132 000
Net Income	−260 000	−2 681 000	500 000	−468 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 892 000	6 909 000	3 038 000	2 782 000
Total Current Assets	4 739 000	7 413 000	4 947 000	5 077 000
Total Assets	10 631 000	14 323 000	7 985 000	7 858 000
Total Retained Equity	−1 689 000	−1 429 000	240 000	−260 000
Total Equity	3 922 000	4 182 000	2 097 000	1 598 000
Total Long-Term Debt	0	0	91 000	0
Total Current Debt	6 709 000	10 140 000	5 797 000	6 261 000
Total Equity and Debt	10 631 000	14 323 000	7 985 000	7 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 648 000	16 930 000	13 740 000	13 603 000
Other Income	0	0	0	0
Revenue	20 648 000	16 930 000	13 740 000	13 603 000
Cost of Goods Sold	1 267 000	1 189 000	1 243 000	1 732 000
Salary Costs	10 705 000	12 867 000	7 937 000	7 631 000
Depreciation	940 000	687 000	35 000	49 000
Impairment	0	0	0	0
Expenditure	20 778 000	20 190 000	13 109 000	14 266 000
Operating Profit	−130 000	−3 260 000	631 000	−663 000
Financial Income	47 000	7 000	19 000	70 000
Financial Costs	5 000	7 000	7 000	6 000
Financial Balance	42 000	0	12 000	64 000
Dividends	0	0	0	0
Net Income	−260 000	−2 681 000	500 000	−468 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 653 000	3 469 000	0	0
Total Intangible Assets	2 969 000	3 963 000	0	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	314 000	150 000	20 000	37 000
Total Tangible Assets	314 000	150 000	20 000	37 000
Total Fiancial Fixed Assets	2 609 000	2 796 000	3 018 000	2 691 000
Total Fixed Assets	5 892 000	6 909 000	3 038 000	2 782 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	532 000	561 000	399 000	375 000
Total Current Assets	4 739 000	7 413 000	4 947 000	5 077 000
Total Assets	10 631 000	14 323 000	7 985 000	7 858 000
Total Equity	3 922 000	4 182 000	2 097 000	1 598 000
Short-Term Group Debt	8 000	0	0	404 000
Total Long-Term Debt	0	0	91 000	0
Creditors	642 000	1 002 000	419 000	548 000
Unpaid Taxes	797 000	894 000	1 106 000	1 045 000
Dividends	0	0	0	0
Other Current Debt	5 261 000	8 244 000	4 272 000	4 263 000
Total Current Debt	6 709 000	10 140 000	5 797 000	6 261 000
Total Equity and Debt	10 631 000	14 323 000	7 985 000	7 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,63 %	−64,11 %	23,84 %	−29,29 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	−0,63 %	−19,26 %	4,59 %	−4,87 %
Current Ratio	0,71	0,73	0,85	0,81
Quick Ratio	0,71	0,73	0,85	0,81
Equity Ratio	0,37	0,29	0,26	0,2
Gross Profit Margin	93,86 %	92,98 %	90,95 %	87,27 %