EURO WIND AS

5106 ØVRE ERVIK

Finances

Return on Equity

46,81 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 796 000	11 992 000	9 228 000	6 982 000
Net Income	1 322 000	1 725 000	1 212 000	85 000
Total Assets	5 652 000	5 469 000	4 569 000	3 133 000
Total Equity	2 824 000	2 502 000	1 777 000	1 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 796 000	11 992 000	9 228 000	6 982 000
Expenditure	13 060 000	9 740 000	7 624 000	6 807 000
Operating Profit	1 735 000	2 252 000	1 605 000	174 000
Financial Income	0	1 000	0	2 000
Financial Costs	40 000	40 000	50 000	67 000
Financial Balance	−40 000	−39 000	−50 000	−65 000
Earnings Before Tax	1 696 000	2 212 000	1 555 000	109 000
Tax	374 000	487 000	343 000	24 000
Net Income	1 322 000	1 725 000	1 212 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	629 000	657 000	593 000
Total Current Assets	5 067 000	4 840 000	3 912 000	2 540 000
Total Assets	5 652 000	5 469 000	4 569 000	3 133 000
Total Retained Equity	1 124 000	802 000	77 000	64 000
Total Equity	2 824 000	2 502 000	1 777 000	1 764 000
Total Long-Term Debt	375 000	542 000	708 000	819 000
Total Current Debt	2 453 000	2 425 000	2 084 000	549 000
Total Equity and Debt	5 652 000	5 469 000	4 569 000	3 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 796 000	11 992 000	9 228 000	6 982 000
Other Income	0	0	0	0
Revenue	14 796 000	11 992 000	9 228 000	6 982 000
Cost of Goods Sold	5 474 000	4 342 000	3 567 000	2 498 000
Salary Costs	4 758 000	3 679 000	2 658 000	2 600 000
Depreciation	25 000	35 000	42 000	61 000
Impairment	0	0	0	0
Expenditure	13 060 000	9 740 000	7 624 000	6 807 000
Operating Profit	1 735 000	2 252 000	1 605 000	174 000
Financial Income	0	1 000	0	2 000
Financial Costs	40 000	40 000	50 000	67 000
Financial Balance	−40 000	−39 000	−50 000	−65 000
Dividends	1 000 000	1 000 000	1 200 000	0
Net Income	1 322 000	1 725 000	1 212 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	110 000	127 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	22 000	46 000
Total Tangible Assets	0	6 000	22 000	46 000
Total Fiancial Fixed Assets	517 000	513 000	508 000	487 000
Total Fixed Assets	585 000	629 000	657 000	593 000
Stock	2 511 000	2 712 000	2 042 000	1 293 000
Total Investments	0	0	0	0
Cash, Bank	2 000 000	1 656 000	1 804 000	936 000
Total Current Assets	5 067 000	4 840 000	3 912 000	2 540 000
Total Assets	5 652 000	5 469 000	4 569 000	3 133 000
Total Equity	2 824 000	2 502 000	1 777 000	1 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	375 000	542 000	708 000	819 000
Creditors	123 000	237 000	79 000	31 000
Unpaid Taxes	493 000	351 000	194 000	235 000
Dividends	1 000 000	1 000 000	1 200 000	0
Other Current Debt	486 000	350 000	276 000	266 000
Total Current Debt	2 453 000	2 425 000	2 084 000	549 000
Total Equity and Debt	5 652 000	5 469 000	4 569 000	3 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,81 %	68,94 %	68,2 %	4,82 %
Debt-to-Equity Ratio	0,13	0,22	0,4	0,46
Operating Profit Margin	11,73 %	18,78 %	17,39 %	2,49 %
Current Ratio	2,07	2	1,88	4,63
Quick Ratio	−87,36	−16,86	93,14	−3,41
Equity Ratio	0,5	0,46	0,39	0,56
Gross Profit Margin	63 %	63,79 %	61,35 %	64,22 %