EUROCHEESE AS

0375 OSLO

Finances

Share Ownership

Return on Equity

6,78 %

Current Ratio

16,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 000	28 000	8 000	40 000
Net Income	103 000	−59 000	68 000	38 000
Total Assets	1 616 000	1 500 000	1 559 000	6 982 000
Total Equity	1 520 000	1 417 000	1 476 000	6 972 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 000	28 000	8 000	40 000
Expenditure	4 000	4 000	29 000	33 000
Operating Profit	43 000	23 000	−21 000	7 000
Financial Income	85 000	0	107 000	60 000
Financial Costs	11 000	82 000	0	20 000
Financial Balance	74 000	−82 000	107 000	40 000
Earnings Before Tax	117 000	−59 000	86 000	48 000
Tax	14 000	0	18 000	9 000
Net Income	103 000	−59 000	68 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 616 000	1 500 000	1 559 000	6 982 000
Total Assets	1 616 000	1 500 000	1 559 000	6 982 000
Total Retained Equity	1 141 000	1 038 000	1 097 000	6 593 000
Total Equity	1 520 000	1 417 000	1 476 000	6 972 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	96 000	82 000	82 000	9 000
Total Equity and Debt	1 616 000	1 500 000	1 559 000	6 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	47 000	28 000	8 000	40 000
Revenue	47 000	28 000	8 000	40 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	4 000	29 000	33 000
Operating Profit	43 000	23 000	−21 000	7 000
Financial Income	85 000	0	107 000	60 000
Financial Costs	11 000	82 000	0	20 000
Financial Balance	74 000	−82 000	107 000	40 000
Dividends	0	0	0	0
Net Income	103 000	−59 000	68 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 604 000	1 492 000	1 551 000	6 982 000
Total Current Assets	1 616 000	1 500 000	1 559 000	6 982 000
Total Assets	1 616 000	1 500 000	1 559 000	6 982 000
Total Equity	1 520 000	1 417 000	1 476 000	6 972 000
Short-Term Group Debt	82 000	82 000	82 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	96 000	82 000	82 000	9 000
Total Equity and Debt	1 616 000	1 500 000	1 559 000	6 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,78 %	−4,16 %	4,61 %	0,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	91,49 %	82,14 %	−262,5 %	17,5 %
Current Ratio	16,83	18,29	19,01	775,78
Quick Ratio	16,83	18,29	19,01	775,78
Equity Ratio	0,94	0,94	0,95	1
Gross Profit Margin	100 %	100 %	100 %	100 %