E2 SOLUTIONS AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

28,71 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 630 000	5 459 000	2 936 000	1 339 000
Net Income	182 000	649 000	407 000	143 000
Total Assets	1 400 000	1 744 000	1 116 000	677 000
Total Equity	634 000	453 000	155 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 630 000	5 459 000	2 936 000	1 339 000
Expenditure	5 394 000	4 627 000	2 413 000	1 156 000
Operating Profit	235 000	832 000	522 000	184 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	1 000	0
Earnings Before Tax	233 000	832 000	522 000	184 000
Tax	51 000	183 000	115 000	41 000
Net Income	182 000	649 000	407 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	91 000	50 000	0
Total Current Assets	1 359 000	1 653 000	1 066 000	677 000
Total Assets	1 400 000	1 744 000	1 116 000	677 000
Total Retained Equity	604 000	423 000	125 000	119 000
Total Equity	634 000	453 000	155 000	149 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	766 000	1 292 000	961 000	527 000
Total Equity and Debt	1 400 000	1 744 000	1 116 000	677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 776 000	5 044 000	2 779 000	1 321 000
Other Income	854 000	415 000	157 000	18 000
Revenue	5 630 000	5 459 000	2 936 000	1 339 000
Cost of Goods Sold	812 000	718 000	577 000	108 000
Salary Costs	3 891 000	2 946 000	1 411 000	905 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 394 000	4 627 000	2 413 000	1 156 000
Operating Profit	235 000	832 000	522 000	184 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	1 000	0
Dividends	0	0	0	0
Net Income	182 000	649 000	407 000	143 000

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	41 000	91 000	50 000	0
Total Fixed Assets	41 000	91 000	50 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	774 000	1 262 000	737 000	507 000
Total Current Assets	1 359 000	1 653 000	1 066 000	677 000
Total Assets	1 400 000	1 744 000	1 116 000	677 000
Total Equity	634 000	453 000	155 000	149 000
Short-Term Group Debt	0	450 000	515 000	25 000
Total Long-Term Debt	0	0	0	1 000
Creditors	56 000	26 000	42 000	8 000
Unpaid Taxes	344 000	433 000	266 000	178 000
Dividends	0	0	0	0
Other Current Debt	314 000	298 000	137 000	284 000
Total Current Debt	766 000	1 292 000	961 000	527 000
Total Equity and Debt	1 400 000	1 744 000	1 116 000	677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,71 %	143,27 %	262,58 %	95,97 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	4,17 %	15,24 %	17,78 %	13,74 %
Current Ratio	1,77	1,28	1,11	1,28
Quick Ratio	1,77	1,28	1,11	1,28
Equity Ratio	0,45	0,26	0,14	0,22
Gross Profit Margin	85,58 %	86,85 %	80,35 %	91,93 %