EPICO AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

9,45 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 068 000	16 245 000	18 107 000	10 747 000
Net Income	213 000	473 000	390 000	−316 000
Total Assets	4 876 000	5 806 000	5 796 000	5 057 000
Total Equity	2 253 000	2 040 000	1 567 000	1 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 068 000	16 245 000	18 107 000	10 747 000
Expenditure	13 723 000	15 624 000	17 714 000	11 062 000
Operating Profit	346 000	622 000	393 000	−316 000
Financial Income	0	18 000	17 000	2 000
Financial Costs	73 000	33 000	0	2 000
Financial Balance	−73 000	−15 000	17 000	0
Earnings Before Tax	273 000	606 000	411 000	−316 000
Tax	60 000	133 000	21 000	0
Net Income	213 000	473 000	390 000	−316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 876 000	5 806 000	5 796 000	5 057 000
Total Assets	4 876 000	5 806 000	5 796 000	5 057 000
Total Retained Equity	2 223 000	2 010 000	1 537 000	1 148 000
Total Equity	2 253 000	2 040 000	1 567 000	1 178 000
Total Long-Term Debt	0	0	390 000	186 000
Total Current Debt	2 623 000	3 766 000	3 838 000	3 693 000
Total Equity and Debt	4 876 000	5 806 000	5 796 000	5 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 068 000	16 245 000	18 107 000	10 747 000
Other Income	0	0	0	0
Revenue	14 068 000	16 245 000	18 107 000	10 747 000
Cost of Goods Sold	13 438 000	15 332 000	17 423 000	10 049 000
Salary Costs	0	0	0	349 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 723 000	15 624 000	17 714 000	11 062 000
Operating Profit	346 000	622 000	393 000	−316 000
Financial Income	0	18 000	17 000	2 000
Financial Costs	73 000	33 000	0	2 000
Financial Balance	−73 000	−15 000	17 000	0
Dividends	0	0	0	0
Net Income	213 000	473 000	390 000	−316 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 981 000	3 101 000	1 917 000	766 000
Total Current Assets	4 876 000	5 806 000	5 796 000	5 057 000
Total Assets	4 876 000	5 806 000	5 796 000	5 057 000
Total Equity	2 253 000	2 040 000	1 567 000	1 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	390 000	186 000
Creditors	2 485 000	3 402 000	3 715 000	3 673 000
Unpaid Taxes	59 000	191 000	54 000	−37 000
Dividends	0	0	0	0
Other Current Debt	19 000	40 000	48 000	57 000
Total Current Debt	2 623 000	3 766 000	3 838 000	3 693 000
Total Equity and Debt	4 876 000	5 806 000	5 796 000	5 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,45 %	23,19 %	24,89 %	−26,83 %
Debt-to-Equity Ratio	0	0	0,25	0,16
Operating Profit Margin	2,46 %	3,83 %	2,17 %	−2,94 %
Current Ratio	1,86	1,54	1,51	1,37
Quick Ratio	1,86	1,54	1,51	1,37
Equity Ratio	0,46	0,35	0,27	0,23
Gross Profit Margin	4,48 %	5,62 %	3,78 %	6,49 %