EUROLASH AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

17,99 %

Current Ratio

3,46

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020
Revenue	2 089 000	1 579 000	702 000
Net Income	131 000	419 000	148 000
Total Assets	1 310 000	1 062 000	507 000
Total Equity	728 000	597 000	178 000

Income (NOK)	2022	2021	2020
Revenue	2 089 000	1 579 000	702 000
Expenditure	1 915 000	1 043 000	504 000
Operating Profit	175 000	537 000	200 000
Financial Income	1 000	0	0
Financial Costs	4 000	0	9 000
Financial Balance	−3 000	0	−9 000
Earnings Before Tax	171 000	537 000	190 000
Tax	40 000	118 000	42 000
Net Income	131 000	419 000	148 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	39 000	30 000	38 000
Total Current Assets	1 271 000	1 032 000	469 000
Total Assets	1 310 000	1 062 000	507 000
Total Retained Equity	698 000	567 000	148 000
Total Equity	728 000	597 000	178 000
Total Long-Term Debt	214 000	221 000	309 000
Total Current Debt	367 000	244 000	19 000
Total Equity and Debt	1 310 000	1 062 000	507 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 069 000	1 575 000	702 000
Other Income	20 000	4 000	0
Revenue	2 089 000	1 579 000	702 000
Cost of Goods Sold	279 000	148 000	173 000
Salary Costs	1 041 000	320 000	0
Depreciation	16 000	8 000	1 000
Impairment	0	0	0
Expenditure	1 915 000	1 043 000	504 000
Operating Profit	175 000	537 000	200 000
Financial Income	1 000	0	0
Financial Costs	4 000	0	9 000
Financial Balance	−3 000	0	−9 000
Dividends	0	0	0
Net Income	131 000	419 000	148 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	23 000	30 000	38 000
Fixtures	17 000	0	0
Total Tangible Assets	39 000	30 000	38 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	39 000	30 000	38 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 224 000	1 021 000	467 000
Total Current Assets	1 271 000	1 032 000	469 000
Total Assets	1 310 000	1 062 000	507 000
Total Equity	728 000	597 000	178 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	214 000	221 000	309 000
Creditors	0	6 000	−2 000
Unpaid Taxes	170 000	85 000	10 000
Dividends	0	0	0
Other Current Debt	156 000	35 000	0
Total Current Debt	367 000	244 000	19 000
Total Equity and Debt	1 310 000	1 062 000	507 000

Financial indicators	2022	2021	2020
Return on Equity	17,99 %	70,18 %	83,15 %
Debt-to-Equity Ratio	0,29	0,37	1,74
Operating Profit Margin	8,38 %	34,01 %	28,49 %
Current Ratio	3,46	4,23	24,68
Quick Ratio	3,46	4,23	24,68
Equity Ratio	0,56	0,56	0,35
Gross Profit Margin	86,64 %	90,63 %	75,36 %