EDWEST AS

6416 MOLDE

Finances

Share Ownership

Return on Equity

55,59 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 878 000	7 329 000	11 617 000	8 748 000
Net Income	1 735 000	−783 000	813 000	1 862 000
Total Assets	5 944 000	2 982 000	4 809 000	4 105 000
Total Equity	3 121 000	1 387 000	2 349 000	2 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 878 000	7 329 000	11 617 000	8 748 000
Expenditure	11 781 000	8 121 000	10 571 000	6 361 000
Operating Profit	2 097 000	−792 000	1 045 000	2 387 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	3 000	0	3 000	1 000
Financial Balance	2 000	0	−2 000	0
Earnings Before Tax	2 100 000	−793 000	1 043 000	2 387 000
Tax	365 000	−10 000	230 000	526 000
Net Income	1 735 000	−783 000	813 000	1 862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	154 000	196 000	271 000	347 000
Total Current Assets	5 790 000	2 786 000	4 538 000	3 759 000
Total Assets	5 944 000	2 982 000	4 809 000	4 105 000
Total Retained Equity	3 097 000	1 362 000	2 325 000	2 012 000
Total Equity	3 121 000	1 387 000	2 349 000	2 037 000
Total Long-Term Debt	0	0	10 000	11 000
Total Current Debt	2 822 000	1 596 000	2 450 000	2 058 000
Total Equity and Debt	5 944 000	2 982 000	4 809 000	4 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 878 000	7 329 000	11 617 000	8 748 000
Other Income	0	0	0	0
Revenue	13 878 000	7 329 000	11 617 000	8 748 000
Cost of Goods Sold	1 245 000	30 000	91 000	43 000
Salary Costs	9 013 000	7 149 000	9 386 000	5 318 000
Depreciation	75 000	75 000	68 000	58 000
Impairment	0	0	0	0
Expenditure	11 781 000	8 121 000	10 571 000	6 361 000
Operating Profit	2 097 000	−792 000	1 045 000	2 387 000
Financial Income	5 000	0	1 000	1 000
Financial Costs	3 000	0	3 000	1 000
Financial Balance	2 000	0	−2 000	0
Dividends	0	180 000	500 000	100 000
Net Income	1 735 000	−783 000	813 000	1 862 000

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	95 000	170 000	245 000	263 000
Total Tangible Assets	95 000	170 000	245 000	263 000
Total Fiancial Fixed Assets	59 000	26 000	26 000	84 000
Total Fixed Assets	154 000	196 000	271 000	347 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 886 000	1 742 000	3 654 000	2 362 000
Total Current Assets	5 790 000	2 786 000	4 538 000	3 759 000
Total Assets	5 944 000	2 982 000	4 809 000	4 105 000
Total Equity	3 121 000	1 387 000	2 349 000	2 037 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	10 000	11 000
Creditors	306 000	43 000	27 000	33 000
Unpaid Taxes	1 378 000	804 000	994 000	921 000
Dividends	0	180 000	500 000	100 000
Other Current Debt	774 000	569 000	698 000	480 000
Total Current Debt	2 822 000	1 596 000	2 450 000	2 058 000
Total Equity and Debt	5 944 000	2 982 000	4 809 000	4 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,59 %	−56,45 %	34,61 %	91,41 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	15,11 %	−10,81 %	9 %	27,29 %
Current Ratio	2,05	1,75	1,85	1,83
Quick Ratio	2,05	1,75	1,85	1,83
Equity Ratio	0,53	0,47	0,49	0,5
Gross Profit Margin	91,03 %	99,59 %	99,22 %	99,51 %