EURECA ENGROS AS

0680 OSLO

Finances

Share Ownership

Return on Equity

−108,27 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 458 000	135 759 000	89 260 000	64 436 000
Net Income	−12 937 000	−14 481 000	−23 043 000	−25 569 000
Total Assets	36 085 000	36 015 000	40 159 000	42 381 000
Total Equity	11 949 000	11 192 000	10 619 000	10 398 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 458 000	135 759 000	89 260 000	64 436 000
Expenditure	207 630 000	153 976 000	118 303 000	96 385 000
Operating Profit	−16 173 000	−18 216 000	−29 043 000	−31 949 000
Financial Income	11 000	4 000	4 000	5 000
Financial Costs	422 000	349 000	495 000	835 000
Financial Balance	−411 000	−345 000	−491 000	−830 000
Earnings Before Tax	−16 584 000	−18 562 000	−29 534 000	−32 780 000
Tax	−3 647 000	−4 081 000	−6 490 000	−7 211 000
Net Income	−12 937 000	−14 481 000	−23 043 000	−25 569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 023 000	1 399 000	1 303 000	1 231 000
Total Current Assets	34 061 000	34 615 000	38 856 000	41 150 000
Total Assets	36 085 000	36 015 000	40 159 000	42 381 000
Total Retained Equity	−151 000	−908 000	−1 481 000	−1 702 000
Total Equity	11 949 000	11 192 000	10 619 000	10 398 000
Total Long-Term Debt	365 000	328 000	292 000	172 000
Total Current Debt	23 770 000	24 495 000	29 248 000	31 811 000
Total Equity and Debt	36 085 000	36 015 000	40 159 000	42 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	190 118 000	134 463 000	86 933 000	60 791 000
Other Income	1 340 000	1 296 000	2 326 000	3 645 000
Revenue	191 458 000	135 759 000	89 260 000	64 436 000
Cost of Goods Sold	149 189 000	106 936 000	71 544 000	50 751 000
Salary Costs	24 352 000	19 916 000	16 703 000	14 426 000
Depreciation	292 000	266 000	243 000	4 828 000
Impairment	0	0	0	0
Expenditure	207 630 000	153 976 000	118 303 000	96 385 000
Operating Profit	−16 173 000	−18 216 000	−29 043 000	−31 949 000
Financial Income	11 000	4 000	4 000	5 000
Financial Costs	422 000	349 000	495 000	835 000
Financial Balance	−411 000	−345 000	−491 000	−830 000
Dividends	0	0	0	0
Net Income	−12 937 000	−14 481 000	−23 043 000	−25 569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	718 000	933 000	1 097 000	1 169 000
Real Eastate	463 000	0	116 000	63 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	842 000	460 000	89 000	0
Total Tangible Assets	1 306 000	460 000	206 000	63 000
Total Fiancial Fixed Assets	0	7 000	0	0
Total Fixed Assets	2 023 000	1 399 000	1 303 000	1 231 000
Stock	6 582 000	5 667 000	3 998 000	2 448 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	34 061 000	34 615 000	38 856 000	41 150 000
Total Assets	36 085 000	36 015 000	40 159 000	42 381 000
Total Equity	11 949 000	11 192 000	10 619 000	10 398 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	365 000	328 000	292 000	172 000
Creditors	6 587 000	5 702 000	3 527 000	3 682 000
Unpaid Taxes	1 631 000	1 512 000	1 299 000	1 007 000
Dividends	0	0	0	0
Other Current Debt	15 552 000	17 281 000	24 422 000	27 122 000
Total Current Debt	23 770 000	24 495 000	29 248 000	31 811 000
Total Equity and Debt	36 085 000	36 015 000	40 159 000	42 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−108,27 %	−129,39 %	−217 %	−245,9 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0,02
Operating Profit Margin	−8,45 %	−13,42 %	−32,54 %	−49,58 %
Current Ratio	1,43	1,41	1,33	1,29
Quick Ratio	1,98	1,84	1,54	1,4
Equity Ratio	0,33	0,31	0,26	0,25
Gross Profit Margin	22,08 %	21,23 %	19,85 %	21,24 %