EUROPEAN HYGIENE TECH AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

8,71 %

Current Ratio

18,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 455 000	3 445 000	3 558 000	52 000
Net Income	97 000	958 000	1 053 000	−24 000
Total Assets	1 174 000	2 488 000	1 386 000	521 000
Total Equity	1 114 000	1 017 000	59 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 455 000	3 445 000	3 558 000	52 000
Expenditure	2 118 000	2 125 000	2 549 000	75 000
Operating Profit	128 000	1 320 000	1 264 000	−24 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	128 000	1 320 000	1 264 000	−24 000
Tax	32 000	362 000	211 000	0
Net Income	97 000	958 000	1 053 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	54 000	319 000	0
Total Current Assets	1 147 000	2 434 000	1 068 000	521 000
Total Assets	1 174 000	2 488 000	1 386 000	521 000
Total Retained Equity	1 084 000	987 000	29 000	−24 000
Total Equity	1 114 000	1 017 000	59 000	6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	61 000	1 471 000	1 327 000	515 000
Total Equity and Debt	1 174 000	2 488 000	1 386 000	521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 455 000	3 503 000	3 558 000	52 000
Other Income	0	−58 000	0	0
Revenue	2 455 000	3 445 000	3 558 000	52 000
Cost of Goods Sold	1 624 000	1 678 000	1 906 000	0
Salary Costs	2 000	1 000	0	0
Depreciation	26 000	20 000	12 000	0
Impairment	0	0	0	0
Expenditure	2 118 000	2 125 000	2 549 000	75 000
Operating Profit	128 000	1 320 000	1 264 000	−24 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	1 000 000	0
Net Income	97 000	958 000	1 053 000	−24 000

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	28 000	54 000	319 000	0
Total Tangible Assets	28 000	54 000	319 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	54 000	319 000	0
Stock	46 000	255 000	255 000	0
Total Investments	0	0	0	0
Cash, Bank	78 000	927 000	278 000	489 000
Total Current Assets	1 147 000	2 434 000	1 068 000	521 000
Total Assets	1 174 000	2 488 000	1 386 000	521 000
Total Equity	1 114 000	1 017 000	59 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−31 000	687 000	−27 000	0
Unpaid Taxes	117 000	454 000	143 000	0
Dividends	0	0	1 000 000	0
Other Current Debt	−56 000	−32 000	0	515 000
Total Current Debt	61 000	1 471 000	1 327 000	515 000
Total Equity and Debt	1 174 000	2 488 000	1 386 000	521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,71 %	94,2 %	1 784,75 %	−400 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,21 %	38,32 %	35,53 %	−46,15 %
Current Ratio	18,8	1,65	0,8	1,01
Quick Ratio	76,47	2	1	1,01
Equity Ratio	0,95	0,41	0,04	0,01
Gross Profit Margin	33,85 %	51,29 %	46,43 %	100 %