EURO CAR WASH NORGE AS

0661 OSLO

Finances

Share Ownership

Return on Equity

2,3 %

Current Ratio

0,66

Debt-to-Equity Ratio

−0,24

Key figures (NOK)	2022	2021	2020
Revenue	1 554 000	299 000	0
Net Income	−2 000	−107 000	−3 000
Total Assets	158 000	101 000	22 000
Total Equity	−87 000	−86 000	21 000

Income (NOK)	2022	2021	2020
Revenue	1 554 000	299 000	0
Expenditure	1 551 000	405 000	3 000
Operating Profit	3 000	−106 000	−3 000
Financial Income	9 000	1 000	0
Financial Costs	13 000	3 000	0
Financial Balance	−4 000	−2 000	0
Earnings Before Tax	−2 000	−107 000	−3 000
Tax	0	0	0
Net Income	−2 000	−107 000	−3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 000	10 000	0
Total Current Assets	148 000	91 000	22 000
Total Assets	158 000	101 000	22 000
Total Retained Equity	−117 000	−116 000	−9 000
Total Equity	−87 000	−86 000	21 000
Total Long-Term Debt	21 000	0	0
Total Current Debt	224 000	186 000	1 000
Total Equity and Debt	158 000	101 000	22 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 554 000	299 000	0
Other Income	0	0	0
Revenue	1 554 000	299 000	0
Cost of Goods Sold	0	0	0
Salary Costs	1 024 000	243 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 551 000	405 000	3 000
Operating Profit	3 000	−106 000	−3 000
Financial Income	9 000	1 000	0
Financial Costs	13 000	3 000	0
Financial Balance	−4 000	−2 000	0
Dividends	0	0	0
Net Income	−2 000	−107 000	−3 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	10 000	10 000	0
Total Fixed Assets	10 000	10 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	129 000	77 000	22 000
Total Current Assets	148 000	91 000	22 000
Total Assets	158 000	101 000	22 000
Total Equity	−87 000	−86 000	21 000
Short-Term Group Debt	11 000	11 000	0
Total Long-Term Debt	21 000	0	0
Creditors	41 000	33 000	0
Unpaid Taxes	62 000	94 000	0
Dividends	0	0	0
Other Current Debt	110 000	48 000	1 000
Total Current Debt	224 000	186 000	1 000
Total Equity and Debt	158 000	101 000	22 000

Financial indicators	2022	2021	2020
Return on Equity	2,3 %	124,42 %	−14,29 %
Debt-to-Equity Ratio	−0,24	−0	0
Operating Profit Margin	0,19 %	−35,45 %	-
Current Ratio	0,66	0,49	22
Quick Ratio	0,66	0,49	22
Equity Ratio	−0,55	−0,85	0,95
Gross Profit Margin	100 %	100 %	-