ESSEX BIL AS

0950 OSLO

Finances

Share Ownership

Return on Equity

43 %

Current Ratio

2,31

Debt-to-Equity Ratio

2,16

Key figures (NOK)	2022	2021	2020
Revenue	1 136 000	993 000	355 000
Net Income	169 000	61 000	124 000
Total Assets	1 291 000	240 000	577 000
Total Equity	393 000	225 000	164 000

Income (NOK)	2022	2021	2020
Revenue	1 136 000	993 000	355 000
Expenditure	919 000	922 000	196 000
Operating Profit	216 000	71 000	159 000
Financial Income	0	5 000	0
Financial Costs	0	0	0
Financial Balance	0	5 000	0
Earnings Before Tax	216 000	77 000	159 000
Tax	48 000	16 000	35 000
Net Income	169 000	61 000	124 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 179 000	0	125 000
Total Current Assets	111 000	240 000	452 000
Total Assets	1 291 000	240 000	577 000
Total Retained Equity	353 000	185 000	124 000
Total Equity	393 000	225 000	164 000
Total Long-Term Debt	850 000	0	0
Total Current Debt	48 000	16 000	413 000
Total Equity and Debt	1 291 000	240 000	577 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 136 000	993 000	355 000
Other Income	0	0	0
Revenue	1 136 000	993 000	355 000
Cost of Goods Sold	910 000	922 000	177 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	919 000	922 000	196 000
Operating Profit	216 000	71 000	159 000
Financial Income	0	5 000	0
Financial Costs	0	0	0
Financial Balance	0	5 000	0
Dividends	0	0	0
Net Income	169 000	61 000	124 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 179 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	1 179 000	0	0
Total Fiancial Fixed Assets	0	0	125 000
Total Fixed Assets	1 179 000	0	125 000
Stock	0	0	375 000
Total Investments	0	0	0
Cash, Bank	111 000	225 000	77 000
Total Current Assets	111 000	240 000	452 000
Total Assets	1 291 000	240 000	577 000
Total Equity	393 000	225 000	164 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	850 000	0	0
Creditors	0	0	376 000
Unpaid Taxes	0	0	2 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	48 000	16 000	413 000
Total Equity and Debt	1 291 000	240 000	577 000

Financial indicators	2022	2021	2020
Return on Equity	43 %	27,11 %	75,61 %
Debt-to-Equity Ratio	2,16	0	0
Operating Profit Margin	19,01 %	7,15 %	44,79 %
Current Ratio	2,31	15	1,09
Quick Ratio	2,31	15	11,89
Equity Ratio	0,3	0,94	0,28
Gross Profit Margin	19,89 %	7,15 %	50,14 %