EIDFOR TEK AS

6004 ÅLESUND

Finances

Return on Equity

10,84 %

Current Ratio

0,29

Debt-to-Equity Ratio

4,43

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 649 000	2 080 000	2 011 000	2 110 000
Net Income	502 000	−178 000	59 000	698 000
Total Assets	31 761 000	30 996 000	29 108 000	8 394 000
Total Equity	4 629 000	4 127 000	4 304 000	4 546 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 649 000	2 080 000	2 011 000	2 110 000
Expenditure	1 000 000	1 419 000	1 526 000	1 115 000
Operating Profit	1 648 000	662 000	486 000	995 000
Financial Income	7 000	183 000	25 000	28 000
Financial Costs	1 013 000	1 069 000	426 000	114 000
Financial Balance	−1 006 000	−886 000	−401 000	−86 000
Earnings Before Tax	642 000	−224 000	85 000	909 000
Tax	140 000	−46 000	26 000	212 000
Net Income	502 000	−178 000	59 000	698 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	29 848 000	29 556 000	28 394 000	7 649 000
Total Current Assets	1 913 000	1 440 000	714 000	746 000
Total Assets	31 761 000	30 996 000	29 108 000	8 394 000
Total Retained Equity	4 329 000	3 827 000	4 004 000	4 246 000
Total Equity	4 629 000	4 127 000	4 304 000	4 546 000
Total Long-Term Debt	20 487 000	18 068 000	23 728 000	2 190 000
Total Current Debt	6 645 000	8 802 000	1 076 000	1 659 000
Total Equity and Debt	31 761 000	30 996 000	29 108 000	8 394 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	287 000	410 000	1 242 000	1 769 000
Other Income	2 361 000	1 671 000	768 000	341 000
Revenue	2 649 000	2 080 000	2 011 000	2 110 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	255 000	381 000
Depreciation	138 000	349 000	98 000	5 000
Impairment	0	0	0	0
Expenditure	1 000 000	1 419 000	1 526 000	1 115 000
Operating Profit	1 648 000	662 000	486 000	995 000
Financial Income	7 000	183 000	25 000	28 000
Financial Costs	1 013 000	1 069 000	426 000	114 000
Financial Balance	−1 006 000	−886 000	−401 000	−86 000
Dividends	0	0	300 000	0
Net Income	502 000	−178 000	59 000	698 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 346 000	25 258 000	24 433 000	5 858 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	14 000
Total Tangible Assets	25 346 000	25 258 000	24 433 000	5 872 000
Total Fiancial Fixed Assets	4 502 000	4 298 000	3 961 000	1 777 000
Total Fixed Assets	29 848 000	29 556 000	28 394 000	7 649 000
Stock	0	0	0	0
Total Investments	24 000	23 000	25 000	27 000
Cash, Bank	1 184 000	1 013 000	342 000	440 000
Total Current Assets	1 913 000	1 440 000	714 000	746 000
Total Assets	31 761 000	30 996 000	29 108 000	8 394 000
Total Equity	4 629 000	4 127 000	4 304 000	4 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 487 000	18 068 000	23 728 000	2 190 000
Creditors	1 803 000	215 000	301 000	80 000
Unpaid Taxes	1 000	50 000	95 000	61 000
Dividends	0	0	300 000	0
Other Current Debt	4 841 000	8 538 000	680 000	1 424 000
Total Current Debt	6 645 000	8 802 000	1 076 000	1 659 000
Total Equity and Debt	31 761 000	30 996 000	29 108 000	8 394 000

Financial indicators	2021	2020	2019	2018
Return on Equity	10,84 %	−4,31 %	1,37 %	15,35 %
Debt-to-Equity Ratio	4,43	4,38	5,51	0,48
Operating Profit Margin	62,21 %	31,83 %	24,17 %	47,16 %
Current Ratio	0,29	0,16	0,66	0,45
Quick Ratio	0,29	0,16	0,66	0,45
Equity Ratio	0,15	0,13	0,15	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %