EURO-TEC AS

0581 OSLO

Finances

Share Ownership

Return on Equity

34,29 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 694 000	17 248 000	25 041 000	20 175 000
Net Income	885 000	1 586 000	1 749 000	1 318 000
Total Assets	4 419 000	5 580 000	4 973 000	5 093 000
Total Equity	2 581 000	1 696 000	1 910 000	2 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 694 000	17 248 000	25 041 000	20 175 000
Expenditure	12 018 000	15 715 000	23 055 000	18 451 000
Operating Profit	676 000	1 534 000	1 986 000	1 724 000
Financial Income	459 000	486 000	228 000	8 000
Financial Costs	97 000	93 000	33 000	35 000
Financial Balance	362 000	393 000	195 000	−27 000
Earnings Before Tax	1 038 000	1 928 000	2 181 000	1 697 000
Tax	154 000	341 000	432 000	379 000
Net Income	885 000	1 586 000	1 749 000	1 318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 232 000	1 480 000	1 735 000	822 000
Total Current Assets	3 188 000	4 101 000	3 239 000	4 272 000
Total Assets	4 419 000	5 580 000	4 973 000	5 093 000
Total Retained Equity	2 481 000	1 596 000	1 810 000	2 061 000
Total Equity	2 581 000	1 696 000	1 910 000	2 161 000
Total Long-Term Debt	20 000	24 000	30 000	20 000
Total Current Debt	1 819 000	3 860 000	3 033 000	2 913 000
Total Equity and Debt	4 419 000	5 580 000	4 973 000	5 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 694 000	17 248 000	24 882 000	20 175 000
Other Income	0	0	159 000	0
Revenue	12 694 000	17 248 000	25 041 000	20 175 000
Cost of Goods Sold	8 597 000	12 488 000	18 439 000	15 372 000
Salary Costs	2 425 000	2 204 000	2 121 000	2 126 000
Depreciation	248 000	310 000	468 000	167 000
Impairment	0	0	0	0
Expenditure	12 018 000	15 715 000	23 055 000	18 451 000
Operating Profit	676 000	1 534 000	1 986 000	1 724 000
Financial Income	459 000	486 000	228 000	8 000
Financial Costs	97 000	93 000	33 000	35 000
Financial Balance	362 000	393 000	195 000	−27 000
Dividends	0	1 800 000	2 000 000	0
Net Income	885 000	1 586 000	1 749 000	1 318 000

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	991 000	1 239 000	1 549 000	668 000
Total Tangible Assets	991 000	1 239 000	1 549 000	668 000
Total Fiancial Fixed Assets	241 000	241 000	186 000	154 000
Total Fixed Assets	1 232 000	1 480 000	1 735 000	822 000
Stock	0	0	0	0
Total Investments	602 000	791 000	330 000	196 000
Cash, Bank	1 191 000	1 972 000	1 721 000	2 242 000
Total Current Assets	3 188 000	4 101 000	3 239 000	4 272 000
Total Assets	4 419 000	5 580 000	4 973 000	5 093 000
Total Equity	2 581 000	1 696 000	1 910 000	2 161 000
Short-Term Group Debt	0	882 000	0	0
Total Long-Term Debt	20 000	24 000	30 000	20 000
Creditors	1 025 000	1 180 000	1 335 000	2 085 000
Unpaid Taxes	412 000	328 000	377 000	239 000
Dividends	0	1 800 000	2 000 000	0
Other Current Debt	223 000	1 123 000	899 000	205 000
Total Current Debt	1 819 000	3 860 000	3 033 000	2 913 000
Total Equity and Debt	4 419 000	5 580 000	4 973 000	5 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,29 %	93,51 %	91,57 %	60,99 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,01
Operating Profit Margin	5,33 %	8,89 %	7,93 %	8,55 %
Current Ratio	1,75	1,06	1,07	1,47
Quick Ratio	1,75	1,06	1,07	1,47
Equity Ratio	0,58	0,3	0,38	0,42
Gross Profit Margin	32,28 %	27,6 %	26,36 %	23,81 %