EID MALERSERVICE AS

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

22,7 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020
Revenue	4 084 000	2 910 000	1 630 000
Net Income	128 000	188 000	178 000
Total Assets	1 464 000	1 256 000	1 014 000
Total Equity	564 000	436 000	248 000

Income (NOK)	2022	2021	2020
Revenue	4 084 000	2 910 000	1 630 000
Expenditure	3 897 000	2 653 000	1 383 000
Operating Profit	186 000	257 000	247 000
Financial Income	0	0	0
Financial Costs	9 000	15 000	19 000
Financial Balance	−9 000	−15 000	−19 000
Earnings Before Tax	178 000	241 000	228 000
Tax	50 000	53 000	50 000
Net Income	128 000	188 000	178 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	184 000	278 000	371 000
Total Current Assets	1 280 000	978 000	643 000
Total Assets	1 464 000	1 256 000	1 014 000
Total Retained Equity	494 000	366 000	178 000
Total Equity	564 000	436 000	248 000
Total Long-Term Debt	188 000	241 000	366 000
Total Current Debt	712 000	578 000	401 000
Total Equity and Debt	1 464 000	1 256 000	1 014 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 084 000	2 910 000	1 630 000
Other Income	0	0	0
Revenue	4 084 000	2 910 000	1 630 000
Cost of Goods Sold	779 000	539 000	168 000
Salary Costs	2 473 000	1 729 000	1 088 000
Depreciation	94 000	94 000	14 000
Impairment	0	0	0
Expenditure	3 897 000	2 653 000	1 383 000
Operating Profit	186 000	257 000	247 000
Financial Income	0	0	0
Financial Costs	9 000	15 000	19 000
Financial Balance	−9 000	−15 000	−19 000
Dividends	0	0	0
Net Income	128 000	188 000	178 000

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	0	0	0
Fixtures	184 000	278 000	371 000
Total Tangible Assets	184 000	278 000	371 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	184 000	278 000	371 000
Stock	93 000	10 000	10 000
Total Investments	0	0	0
Cash, Bank	850 000	545 000	391 000
Total Current Assets	1 280 000	978 000	643 000
Total Assets	1 464 000	1 256 000	1 014 000
Total Equity	564 000	436 000	248 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	188 000	241 000	366 000
Creditors	66 000	79 000	59 000
Unpaid Taxes	360 000	260 000	112 000
Dividends	0	0	0
Other Current Debt	225 000	181 000	196 000
Total Current Debt	712 000	578 000	401 000
Total Equity and Debt	1 464 000	1 256 000	1 014 000

Financial indicators	2022	2021	2020
Return on Equity	22,7 %	43,12 %	71,77 %
Debt-to-Equity Ratio	0,33	0,55	1,48
Operating Profit Margin	4,55 %	8,83 %	15,15 %
Current Ratio	1,8	1,69	1,6
Quick Ratio	2,07	1,72	1,64
Equity Ratio	0,39	0,35	0,24
Gross Profit Margin	80,93 %	81,48 %	89,69 %