EURO CHEESE AS

1067 OSLO

Finances

Share Ownership

Return on Equity

41,42 %

Current Ratio

5,23

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 394 000	5 096 000	1 925 000	3 730 000
Net Income	1 685 000	1 362 000	838 000	551 000
Total Assets	5 137 000	3 158 000	1 697 000	1 884 000
Total Equity	4 068 000	2 383 000	1 292 000	454 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 394 000	5 096 000	1 925 000	3 730 000
Expenditure	4 237 000	3 347 000	819 000	3 053 000
Operating Profit	2 157 000	1 749 000	1 105 000	677 000
Financial Income	16 000	2 000	4 000	30 000
Financial Costs	10 000	2 000	2 000	1 000
Financial Balance	6 000	0	2 000	29 000
Earnings Before Tax	2 163 000	1 749 000	1 108 000	706 000
Tax	478 000	387 000	270 000	155 000
Net Income	1 685 000	1 362 000	838 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	75 000	99 000	130 000
Total Current Assets	5 080 000	3 082 000	1 598 000	1 753 000
Total Assets	5 137 000	3 158 000	1 697 000	1 884 000
Total Retained Equity	4 038 000	2 353 000	1 262 000	424 000
Total Equity	4 068 000	2 383 000	1 292 000	454 000
Total Long-Term Debt	99 000	−38 000	6 000	4 000
Total Current Debt	971 000	812 000	399 000	1 426 000
Total Equity and Debt	5 137 000	3 158 000	1 697 000	1 884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 394 000	5 096 000	1 925 000	3 730 000
Other Income	0	0	0	0
Revenue	6 394 000	5 096 000	1 925 000	3 730 000
Cost of Goods Sold	1 522 000	1 967 000	456 000	1 258 000
Salary Costs	1 697 000	751 000	21 000	998 000
Depreciation	18 000	24 000	31 000	65 000
Impairment	0	0	0	0
Expenditure	4 237 000	3 347 000	819 000	3 053 000
Operating Profit	2 157 000	1 749 000	1 105 000	677 000
Financial Income	16 000	2 000	4 000	30 000
Financial Costs	10 000	2 000	2 000	1 000
Financial Balance	6 000	0	2 000	29 000
Dividends	0	0	0	600 000
Net Income	1 685 000	1 362 000	838 000	551 000

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	57 000	75 000	99 000	130 000
Total Tangible Assets	57 000	75 000	99 000	130 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 000	75 000	99 000	130 000
Stock	247 000	323 000	104 000	0
Total Investments	0	0	0	0
Cash, Bank	4 204 000	2 663 000	1 351 000	1 733 000
Total Current Assets	5 080 000	3 082 000	1 598 000	1 753 000
Total Assets	5 137 000	3 158 000	1 697 000	1 884 000
Total Equity	4 068 000	2 383 000	1 292 000	454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	−38 000	6 000	4 000
Creditors	14 000	106 000	64 000	13 000
Unpaid Taxes	297 000	214 000	33 000	163 000
Dividends	0	0	0	600 000
Other Current Debt	182 000	105 000	29 000	487 000
Total Current Debt	971 000	812 000	399 000	1 426 000
Total Equity and Debt	5 137 000	3 158 000	1 697 000	1 884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,42 %	57,15 %	64,86 %	121,37 %
Debt-to-Equity Ratio	0,02	−0,02	0	0,01
Operating Profit Margin	33,73 %	34,32 %	57,4 %	18,15 %
Current Ratio	5,23	3,8	4,01	1,23
Quick Ratio	7,02	6,3	5,42	1,23
Equity Ratio	0,79	0,75	0,76	0,24
Gross Profit Margin	76,2 %	61,4 %	76,31 %	66,27 %