ENDEAVOUR MANAGEMENT AS

8803 SANDNESSJØEN

Finances

Return on Equity

66,11 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 696 000	2 993 000	2 956 000	1 292 000
Net Income	1 473 000	137 000	434 000	46 000
Total Assets	4 128 000	1 408 000	1 279 000	533 000
Total Equity	2 228 000	755 000	618 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 696 000	2 993 000	2 956 000	1 292 000
Expenditure	3 920 000	2 817 000	2 394 000	1 218 000
Operating Profit	777 000	176 000	562 000	74 000
Financial Income	900 000	0	0	0
Financial Costs	42 000	0	6 000	15 000
Financial Balance	858 000	0	−6 000	−15 000
Earnings Before Tax	1 635 000	176 000	556 000	59 000
Tax	162 000	39 000	122 000	13 000
Net Income	1 473 000	137 000	434 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 525 000	867 000	267 000	0
Total Current Assets	2 603 000	541 000	1 012 000	533 000
Total Assets	4 128 000	1 408 000	1 279 000	533 000
Total Retained Equity	2 138 000	665 000	528 000	94 000
Total Equity	2 228 000	755 000	618 000	184 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 900 000	653 000	661 000	349 000
Total Equity and Debt	4 128 000	1 408 000	1 279 000	533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 102 000	2 585 000	2 427 000	1 292 000
Other Income	594 000	408 000	529 000	0
Revenue	4 696 000	2 993 000	2 956 000	1 292 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 305 000	2 480 000	2 058 000	1 059 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 920 000	2 817 000	2 394 000	1 218 000
Operating Profit	777 000	176 000	562 000	74 000
Financial Income	900 000	0	0	0
Financial Costs	42 000	0	6 000	15 000
Financial Balance	858 000	0	−6 000	−15 000
Dividends	0	0	0	0
Net Income	1 473 000	137 000	434 000	46 000

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	1 525 000	867 000	267 000	0
Total Fixed Assets	1 525 000	867 000	267 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	923 000	274 000	576 000	83 000
Total Current Assets	2 603 000	541 000	1 012 000	533 000
Total Assets	4 128 000	1 408 000	1 279 000	533 000
Total Equity	2 228 000	755 000	618 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	82 000	90 000	61 000	65 000
Unpaid Taxes	401 000	261 000	278 000	157 000
Dividends	0	0	0	0
Other Current Debt	1 255 000	264 000	199 000	114 000
Total Current Debt	1 900 000	653 000	661 000	349 000
Total Equity and Debt	4 128 000	1 408 000	1 279 000	533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,11 %	18,15 %	70,23 %	25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,55 %	5,88 %	19,01 %	5,73 %
Current Ratio	1,37	0,83	1,53	1,53
Quick Ratio	1,37	0,83	1,53	1,53
Equity Ratio	0,54	0,54	0,48	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %