EIDFOR AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

32,52 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 850 000	1 602 000	942 000	270 000
Net Income	200 000	−9 000	−462 000	−403 000
Total Assets	1 652 000	778 000	516 000	633 000
Total Equity	615 000	233 000	42 000	254 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 850 000	1 602 000	942 000	270 000
Expenditure	2 587 000	1 612 000	1 533 000	786 000
Operating Profit	262 000	−9 000	−592 000	−516 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Earnings Before Tax	261 000	−11 000	−592 000	−516 000
Tax	61 000	−1 000	−130 000	−113 000
Net Income	200 000	−9 000	−462 000	−403 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	18 000	149 000	130 000	0
Total Current Assets	1 634 000	629 000	386 000	633 000
Total Assets	1 652 000	778 000	516 000	633 000
Total Retained Equity	416 000	33 000	12 000	224 000
Total Equity	615 000	233 000	42 000	254 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 038 000	545 000	474 000	379 000
Total Equity and Debt	1 652 000	778 000	516 000	633 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 850 000	1 602 000	942 000	270 000
Other Income	0	0	0	0
Revenue	2 850 000	1 602 000	942 000	270 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 064 000	1 334 000	1 319 000	669 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 587 000	1 612 000	1 533 000	786 000
Operating Profit	262 000	−9 000	−592 000	−516 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	200 000	−9 000	−462 000	−403 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	18 000	131 000	130 000	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	0	18 000	0	0
Total Fixed Assets	18 000	149 000	130 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	102 000	65 000	31 000
Total Current Assets	1 634 000	629 000	386 000	633 000
Total Assets	1 652 000	778 000	516 000	633 000
Total Equity	615 000	233 000	42 000	254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	79 000	8 000	66 000
Unpaid Taxes	318 000	201 000	165 000	128 000
Dividends	0	0	0	0
Other Current Debt	680 000	265 000	300 000	185 000
Total Current Debt	1 038 000	545 000	474 000	379 000
Total Equity and Debt	1 652 000	778 000	516 000	633 000

Financial indicators	2021	2020	2019	2018
Return on Equity	32,52 %	−3,86 %	−1 100 %	−158,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,19 %	−0,56 %	−62,85 %	−191,11 %
Current Ratio	1,57	1,15	0,81	1,67
Quick Ratio	1,57	1,15	0,81	1,67
Equity Ratio	0,37	0,3	0,08	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %