EIRO AS

9017 TROMSØ

Finances

Return on Equity

−13,74 %

Current Ratio

4,51

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	836 000	1 819 000	3 056 000	2 727 000
Net Income	−141 000	14 000	391 000	362 000
Total Assets	1 286 000	1 751 000	2 386 000	2 015 000
Total Equity	1 026 000	1 167 000	1 152 000	761 000

Income (NOK)	2022	2021	2020	2019
Revenue	836 000	1 819 000	3 056 000	2 727 000
Expenditure	964 000	1 780 000	2 536 000	2 250 000
Operating Profit	−129 000	39 000	520 000	477 000
Financial Income	0	0	1 000	2 000
Financial Costs	15 000	21 000	19 000	15 000
Financial Balance	−15 000	−21 000	−18 000	−13 000
Earnings Before Tax	−144 000	18 000	501 000	464 000
Tax	−3 000	4 000	110 000	102 000
Net Income	−141 000	14 000	391 000	362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	686 000	1 052 000	1 012 000	1 171 000
Total Current Assets	600 000	699 000	1 374 000	844 000
Total Assets	1 286 000	1 751 000	2 386 000	2 015 000
Total Retained Equity	1 002 000	1 143 000	1 129 000	738 000
Total Equity	1 026 000	1 167 000	1 152 000	761 000
Total Long-Term Debt	127 000	529 000	610 000	685 000
Total Current Debt	133 000	56 000	623 000	568 000
Total Equity and Debt	1 286 000	1 751 000	2 386 000	2 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	293 000	1 572 000	3 056 000	2 700 000
Other Income	542 000	246 000	0	27 000
Revenue	836 000	1 819 000	3 056 000	2 727 000
Cost of Goods Sold	58 000	50 000	284 000	267 000
Salary Costs	77 000	530 000	789 000	782 000
Depreciation	325 000	344 000	290 000	162 000
Impairment	0	0	0	0
Expenditure	964 000	1 780 000	2 536 000	2 250 000
Operating Profit	−129 000	39 000	520 000	477 000
Financial Income	0	0	1 000	2 000
Financial Costs	15 000	21 000	19 000	15 000
Financial Balance	−15 000	−21 000	−18 000	−13 000
Dividends	0	0	0	0
Net Income	−141 000	14 000	391 000	362 000

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	125 000	200 000	190 000	100 000
Fixtures	450 000	700 000	670 000	870 000
Total Tangible Assets	575 000	900 000	860 000	970 000
Total Fiancial Fixed Assets	111 000	152 000	152 000	201 000
Total Fixed Assets	686 000	1 052 000	1 012 000	1 171 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	571 000	522 000	1 010 000	448 000
Total Current Assets	600 000	699 000	1 374 000	844 000
Total Assets	1 286 000	1 751 000	2 386 000	2 015 000
Total Equity	1 026 000	1 167 000	1 152 000	761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 000	529 000	610 000	685 000
Creditors	0	−13 000	−2 000	−30 000
Unpaid Taxes	22 000	3 000	123 000	132 000
Dividends	0	0	0	0
Other Current Debt	110 000	42 000	380 000	379 000
Total Current Debt	133 000	56 000	623 000	568 000
Total Equity and Debt	1 286 000	1 751 000	2 386 000	2 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,74 %	1,2 %	33,94 %	47,57 %
Debt-to-Equity Ratio	0,12	0,45	0,53	0,9
Operating Profit Margin	−15,43 %	2,14 %	17,02 %	17,49 %
Current Ratio	4,51	12,48	2,21	1,49
Quick Ratio	4,51	12,48	2,21	1,49
Equity Ratio	0,8	0,67	0,48	0,38
Gross Profit Margin	93,06 %	97,25 %	90,71 %	90,21 %