EDRINGTON NORWAY AS

0484 OSLO

Finances

Share Ownership

Return on Equity

19,41 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	64 302 000	66 773 000	46 689 000	49 406 000
Net Income	1 681 000	2 774 000	822 000	351 000
Total Assets	23 434 000	22 876 000	35 071 000	17 250 000
Total Equity	8 659 000	6 978 000	4 205 000	3 382 000

Income (NOK)	2023	2022	2021	2020
Revenue	64 302 000	66 773 000	46 689 000	49 406 000
Expenditure	62 120 000	63 309 000	45 755 000	48 809 000
Operating Profit	2 182 000	3 465 000	933 000	597 000
Financial Income	14 000	40 000	0	78 000
Financial Costs	25 000	86 000	88 000	115 000
Financial Balance	−11 000	−46 000	−88 000	−37 000
Earnings Before Tax	2 171 000	3 419 000	846 000	560 000
Tax	490 000	645 000	24 000	208 000
Net Income	1 681 000	2 774 000	822 000	351 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	1 086 000	1 338 000	1 417 000	1 748 000
Total Current Assets	22 349 000	21 538 000	33 654 000	15 502 000
Total Assets	23 434 000	22 876 000	35 071 000	17 250 000
Total Retained Equity	8 509 000	6 828 000	4 055 000	3 232 000
Total Equity	8 659 000	6 978 000	4 205 000	3 382 000
Total Long-Term Debt	0	0	0	163 000
Total Current Debt	14 775 000	15 897 000	30 867 000	13 705 000
Total Equity and Debt	23 434 000	22 876 000	35 071 000	17 250 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	64 302 000	66 773 000	46 689 000	49 406 000
Other Income	0	0	0	0
Revenue	64 302 000	66 773 000	46 689 000	49 406 000
Cost of Goods Sold	48 540 000	53 888 000	37 496 000	38 385 000
Salary Costs	5 845 000	5 008 000	3 309 000	4 894 000
Depreciation	267 000	289 000	344 000	319 000
Impairment	0	0	0	0
Expenditure	62 120 000	63 309 000	45 755 000	48 809 000
Operating Profit	2 182 000	3 465 000	933 000	597 000
Financial Income	14 000	40 000	0	78 000
Financial Costs	25 000	86 000	88 000	115 000
Financial Balance	−11 000	−46 000	−88 000	−37 000
Dividends	0	0	0	0
Net Income	1 681 000	2 774 000	822 000	351 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	1 050 000	1 309 000	1 352 000	1 593 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	29 000	66 000	155 000
Total Tangible Assets	35 000	29 000	66 000	155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 086 000	1 338 000	1 417 000	1 748 000
Stock	9 284 000	9 149 000	10 295 000	0
Total Investments	0	0	0	0
Cash, Bank	945 000	3 720 000	16 683 000	3 404 000
Total Current Assets	22 349 000	21 538 000	33 654 000	15 502 000
Total Assets	23 434 000	22 876 000	35 071 000	17 250 000
Total Equity	8 659 000	6 978 000	4 205 000	3 382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	163 000
Creditors	6 665 000	5 681 000	25 816 000	6 884 000
Unpaid Taxes	3 573 000	3 381 000	138 000	2 880 000
Dividends	0	0	0	0
Other Current Debt	3 565 000	5 859 000	4 535 000	3 758 000
Total Current Debt	14 775 000	15 897 000	30 867 000	13 705 000
Total Equity and Debt	23 434 000	22 876 000	35 071 000	17 250 000

Financial indicators	2023	2022	2021	2020
Return on Equity	19,41 %	39,75 %	19,55 %	10,38 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	3,39 %	5,19 %	2 %	1,21 %
Current Ratio	1,51	1,35	1,09	1,13
Quick Ratio	4,07	3,19	1,64	1,13
Equity Ratio	0,37	0,31	0,12	0,2
Gross Profit Margin	24,51 %	19,3 %	19,69 %	22,31 %