EXCELINE AS

7047 TRONDHEIM

Finances

Return on Equity

−5,76 %

Current Ratio

0,24

Debt-to-Equity Ratio

12,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 014 000	26 504 000	26 144 000	28 503 000
Net Income	−65 000	1 787 000	−8 293 000	−9 860 000
Total Assets	23 164 000	22 740 000	23 339 000	28 759 000
Total Equity	1 129 000	1 194 000	−592 000	7 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 014 000	26 504 000	26 144 000	28 503 000
Expenditure	26 326 000	24 646 000	34 364 000	37 704 000
Operating Profit	−312 000	1 858 000	−8 220 000	−9 201 000
Financial Income	265 000	0	27 000	25 000
Financial Costs	18 000	72 000	101 000	41 000
Financial Balance	247 000	−72 000	−74 000	−16 000
Earnings Before Tax	−65 000	1 787 000	−8 293 000	−9 217 000
Tax	0	0	0	642 000
Net Income	−65 000	1 787 000	−8 293 000	−9 860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 343 000	21 250 000	21 728 000	22 335 000
Total Current Assets	1 821 000	1 490 000	1 610 000	6 425 000
Total Assets	23 164 000	22 740 000	23 339 000	28 759 000
Total Retained Equity	−14 661 000	−14 595 000	−16 382 000	−8 089 000
Total Equity	1 129 000	1 194 000	−592 000	7 701 000
Total Long-Term Debt	14 503 000	14 263 000	14 263 000	12 661 000
Total Current Debt	7 532 000	7 282 000	9 667 000	8 398 000
Total Equity and Debt	23 164 000	22 740 000	23 339 000	28 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 014 000	26 504 000	26 144 000	28 501 000
Other Income	0	0	0	3 000
Revenue	26 014 000	26 504 000	26 144 000	28 503 000
Cost of Goods Sold	12 055 000	9 238 000	6 942 000	7 348 000
Salary Costs	3 838 000	5 473 000	14 088 000	20 862 000
Depreciation	0	478 000	478 000	478 000
Impairment	0	0	0	0
Expenditure	26 326 000	24 646 000	34 364 000	37 704 000
Operating Profit	−312 000	1 858 000	−8 220 000	−9 201 000
Financial Income	265 000	0	27 000	25 000
Financial Costs	18 000	72 000	101 000	41 000
Financial Balance	247 000	−72 000	−74 000	−16 000
Dividends	0	0	0	0
Net Income	−65 000	1 787 000	−8 293 000	−9 860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	478 000	956 000
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	21 343 000	21 250 000	21 250 000	21 378 000
Total Fixed Assets	21 343 000	21 250 000	21 728 000	22 335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	855 000	369 000	417 000	1 089 000
Total Current Assets	1 821 000	1 490 000	1 610 000	6 425 000
Total Assets	23 164 000	22 740 000	23 339 000	28 759 000
Total Equity	1 129 000	1 194 000	−592 000	7 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 503 000	14 263 000	14 263 000	12 661 000
Creditors	5 302 000	4 973 000	5 195 000	2 022 000
Unpaid Taxes	226 000	625 000	1 751 000	2 105 000
Dividends	0	0	0	0
Other Current Debt	2 005 000	1 650 000	1 900 000	3 572 000
Total Current Debt	7 532 000	7 282 000	9 667 000	8 398 000
Total Equity and Debt	23 164 000	22 740 000	23 339 000	28 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,76 %	149,66 %	1 400,84 %	−128,04 %
Debt-to-Equity Ratio	12,85	11,95	−24,09	1,64
Operating Profit Margin	−1,2 %	7,01 %	−31,44 %	−32,28 %
Current Ratio	0,24	0,2	0,17	0,77
Quick Ratio	0,24	0,2	0,17	0,77
Equity Ratio	0,05	0,05	−0,03	0,27
Gross Profit Margin	53,66 %	65,14 %	73,45 %	74,22 %