EURO44 AS

1661 ROLVSØY

Finances

Share Ownership

Return on Equity

6,9 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 069 000	1 178 000	1 049 000	456 000
Net Income	16 000	108 000	128 000	−45 000
Total Assets	440 000	439 000	250 000	219 000
Total Equity	232 000	216 000	108 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 069 000	1 178 000	1 049 000	456 000
Expenditure	1 049 000	1 040 000	899 000	499 000
Operating Profit	20 000	139 000	150 000	−43 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Earnings Before Tax	20 000	139 000	150 000	−45 000
Tax	4 000	31 000	22 000	0
Net Income	16 000	108 000	128 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	27 000	16 000	21 000
Total Current Assets	323 000	412 000	234 000	198 000
Total Assets	440 000	439 000	250 000	219 000
Total Retained Equity	202 000	186 000	78 000	−50 000
Total Equity	232 000	216 000	108 000	−20 000
Total Long-Term Debt	5 000	3 000	1 000	0
Total Current Debt	203 000	219 000	142 000	239 000
Total Equity and Debt	440 000	439 000	250 000	219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 069 000	1 178 000	1 049 000	456 000
Other Income	0	0	0	0
Revenue	1 069 000	1 178 000	1 049 000	456 000
Cost of Goods Sold	9 000	74 000	122 000	159 000
Salary Costs	784 000	680 000	596 000	264 000
Depreciation	25 000	7 000	4 000	1 000
Impairment	0	0	0	0
Expenditure	1 049 000	1 040 000	899 000	499 000
Operating Profit	20 000	139 000	150 000	−43 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Dividends	0	0	0	0
Net Income	16 000	108 000	128 000	−45 000

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	116 000	27 000	16 000	21 000
Total Tangible Assets	116 000	27 000	16 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	116 000	27 000	16 000	21 000
Stock	10 000	19 000	84 000	0
Total Investments	0	0	0	0
Cash, Bank	256 000	331 000	150 000	146 000
Total Current Assets	323 000	412 000	234 000	198 000
Total Assets	440 000	439 000	250 000	219 000
Total Equity	232 000	216 000	108 000	−20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	3 000	1 000	0
Creditors	9 000	0	0	9 000
Unpaid Taxes	113 000	130 000	50 000	95 000
Dividends	0	0	0	0
Other Current Debt	79 000	61 000	71 000	135 000
Total Current Debt	203 000	219 000	142 000	239 000
Total Equity and Debt	440 000	439 000	250 000	219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,9 %	50 %	118,52 %	225 %
Debt-to-Equity Ratio	0,02	0,01	0,01	−0
Operating Profit Margin	1,87 %	11,8 %	14,3 %	−9,43 %
Current Ratio	1,59	1,88	1,65	0,83
Quick Ratio	1,67	2,06	4,03	0,83
Equity Ratio	0,53	0,49	0,43	−0,09
Gross Profit Margin	99,16 %	93,72 %	88,37 %	65,13 %