EURO GULV AS

2640 VINSTRA

Finances

Share Ownership

Return on Equity

−19,16 %

Current Ratio

0,02

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	995 000	2 293 000
Net Income	−209 000	−449 000	492 000	−254 000
Total Assets	3 132 000	3 176 000	3 589 000	3 783 000
Total Equity	1 091 000	1 301 000	1 750 000	1 257 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	995 000	2 293 000
Expenditure	121 000	174 000	424 000	2 443 000
Operating Profit	−121 000	−174 000	570 000	−150 000
Financial Income	0	0	1 000	0
Financial Costs	88 000	66 000	80 000	105 000
Financial Balance	−88 000	−66 000	−79 000	−105 000
Earnings Before Tax	−209 000	−240 000	492 000	−254 000
Tax	0	209 000	0	0
Net Income	−209 000	−449 000	492 000	−254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 116 000	3 156 000	3 196 000	3 321 000
Total Current Assets	16 000	20 000	392 000	462 000
Total Assets	3 132 000	3 176 000	3 589 000	3 783 000
Total Retained Equity	991 000	1 201 000	1 650 000	1 157 000
Total Equity	1 091 000	1 301 000	1 750 000	1 257 000
Total Long-Term Debt	1 385 000	1 515 000	1 646 000	2 490 000
Total Current Debt	656 000	360 000	193 000	36 000
Total Equity and Debt	3 132 000	3 176 000	3 589 000	3 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	337 000	2 293 000
Other Income	0	0	658 000	0
Revenue	0	0	995 000	2 293 000
Cost of Goods Sold	0	0	0	1 176 000
Salary Costs	61 000	88 000	108 000	683 000
Depreciation	40 000	40 000	40 000	67 000
Impairment	0	0	0	0
Expenditure	121 000	174 000	424 000	2 443 000
Operating Profit	−121 000	−174 000	570 000	−150 000
Financial Income	0	0	1 000	0
Financial Costs	88 000	66 000	80 000	105 000
Financial Balance	−88 000	−66 000	−79 000	−105 000
Dividends	0	0	0	0
Net Income	−209 000	−449 000	492 000	−254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 925 000	2 925 000	2 925 000	2 925 000
Machinery and Plant Facilities	192 000	232 000	272 000	397 000
Fixtures	0	0	0	0
Total Tangible Assets	3 116 000	3 156 000	3 196 000	3 321 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 116 000	3 156 000	3 196 000	3 321 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	20 000	366 000	298 000
Total Current Assets	16 000	20 000	392 000	462 000
Total Assets	3 132 000	3 176 000	3 589 000	3 783 000
Total Equity	1 091 000	1 301 000	1 750 000	1 257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 385 000	1 515 000	1 646 000	2 490 000
Creditors	0	17 000	21 000	3 000
Unpaid Taxes	26 000	29 000	130 000	−27 000
Dividends	0	0	0	0
Other Current Debt	503 000	252 000	42 000	60 000
Total Current Debt	656 000	360 000	193 000	36 000
Total Equity and Debt	3 132 000	3 176 000	3 589 000	3 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,16 %	−34,51 %	28,11 %	−20,21 %
Debt-to-Equity Ratio	1,27	1,16	0,94	1,98
Operating Profit Margin	-	-	57,29 %	−6,54 %
Current Ratio	0,02	0,06	2,03	12,83
Quick Ratio	0,02	0,06	2,03	12,83
Equity Ratio	0,35	0,41	0,49	0,33
Gross Profit Margin	-	-	100 %	48,71 %