EURO TEKSTIL AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

−21,51 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	804 000	676 000	449 000	494 000
Net Income	−20 000	101 000	43 000	−44 000
Total Assets	445 000	272 000	107 000	106 000
Total Equity	93 000	113 000	16 000	−14 000

Income (NOK)	2022	2021	2020	2019
Revenue	804 000	676 000	449 000	494 000
Expenditure	877 000	605 000	411 000	551 000
Operating Profit	−23 000	125 000	39 000	−57 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	−25 000	125 000	39 000	−57 000
Tax	−6 000	23 000	−4 000	−13 000
Net Income	−20 000	101 000	43 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	−59 000	4 000	13 000
Total Current Assets	336 000	331 000	103 000	92 000
Total Assets	445 000	272 000	107 000	106 000
Total Retained Equity	63 000	83 000	43 000	−44 000
Total Equity	93 000	113 000	16 000	−14 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	352 000	159 000	91 000	120 000
Total Equity and Debt	445 000	272 000	107 000	106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	804 000	676 000	449 000	494 000
Other Income	0	0	0	0
Revenue	804 000	676 000	449 000	494 000
Cost of Goods Sold	235 000	207 000	140 000	118 000
Salary Costs	307 000	236 000	141 000	256 000
Depreciation	32 000	0	0	0
Impairment	0	0	0	0
Expenditure	877 000	605 000	411 000	551 000
Operating Profit	−23 000	125 000	39 000	−57 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−20 000	101 000	43 000	−44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	4 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	0	0	0
Total Tangible Assets	103 000	0	0	0
Total Fiancial Fixed Assets	0	−59 000	0	1 000
Total Fixed Assets	108 000	−59 000	4 000	13 000
Stock	155 000	106 000	51 000	62 000
Total Investments	0	0	0	0
Cash, Bank	181 000	225 000	52 000	30 000
Total Current Assets	336 000	331 000	103 000	92 000
Total Assets	445 000	272 000	107 000	106 000
Total Equity	93 000	113 000	16 000	−14 000
Short-Term Group Debt	0	0	13 000	24 000
Total Long-Term Debt	0	0	0	0
Creditors	53 000	24 000	0	0
Unpaid Taxes	60 000	23 000	31 000	43 000
Dividends	0	0	0	0
Other Current Debt	238 000	89 000	46 000	53 000
Total Current Debt	352 000	159 000	91 000	120 000
Total Equity and Debt	445 000	272 000	107 000	106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,51 %	89,38 %	268,75 %	314,29 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−2,86 %	18,49 %	8,69 %	−11,54 %
Current Ratio	0,95	2,08	1,13	0,77
Quick Ratio	1,71	6,25	2,58	1,59
Equity Ratio	0,21	0,42	0,15	−0,13
Gross Profit Margin	70,77 %	69,38 %	68,82 %	76,11 %