EURO ENGINEERING AS

4993 SUNDEBRU

Finances

Share Ownership

Return on Equity

36,92 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 850 000	757 000	1 007 000	1 798 000
Net Income	985 000	46 000	−681 000	117 000
Total Assets	3 410 000	4 982 000	5 059 000	8 637 000
Total Equity	2 668 000	3 783 000	3 737 000	4 418 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 850 000	757 000	1 007 000	1 798 000
Expenditure	537 000	712 000	1 769 000	1 470 000
Operating Profit	1 312 000	46 000	−762 000	328 000
Financial Income	0	78 000	0	0
Financial Costs	50 000	65 000	111 000	177 000
Financial Balance	−50 000	13 000	−111 000	−177 000
Earnings Before Tax	1 263 000	58 000	−873 000	151 000
Tax	278 000	13 000	−192 000	33 000
Net Income	985 000	46 000	−681 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 470 000	4 700 000	4 826 000	8 252 000
Total Current Assets	941 000	282 000	233 000	385 000
Total Assets	3 410 000	4 982 000	5 059 000	8 637 000
Total Retained Equity	2 566 000	3 681 000	3 635 000	4 316 000
Total Equity	2 668 000	3 783 000	3 737 000	4 418 000
Total Long-Term Debt	80 000	801 000	1 005 000	3 108 000
Total Current Debt	663 000	398 000	316 000	1 111 000
Total Equity and Debt	3 410 000	4 982 000	5 059 000	8 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	193 000	317 000	1 001 000
Other Income	1 850 000	564 000	690 000	797 000
Revenue	1 850 000	757 000	1 007 000	1 798 000
Cost of Goods Sold	0	0	0	0
Salary Costs	152 000	302 000	220 000	932 000
Depreciation	123 000	126 000	161 000	208 000
Impairment	0	0	0	0
Expenditure	537 000	712 000	1 769 000	1 470 000
Operating Profit	1 312 000	46 000	−762 000	328 000
Financial Income	0	78 000	0	0
Financial Costs	50 000	65 000	111 000	177 000
Financial Balance	−50 000	13 000	−111 000	−177 000
Dividends	0	0	0	0
Net Income	985 000	46 000	−681 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 470 000	4 700 000	4 823 000	8 245 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	7 000
Total Tangible Assets	2 470 000	4 700 000	4 826 000	8 252 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 470 000	4 700 000	4 826 000	8 252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	916 000	264 000	205 000	63 000
Total Current Assets	941 000	282 000	233 000	385 000
Total Assets	3 410 000	4 982 000	5 059 000	8 637 000
Total Equity	2 668 000	3 783 000	3 737 000	4 418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	801 000	1 005 000	3 108 000
Creditors	2 000	5 000	4 000	38 000
Unpaid Taxes	21 000	45 000	0	87 000
Dividends	0	0	0	0
Other Current Debt	423 000	349 000	312 000	520 000
Total Current Debt	663 000	398 000	316 000	1 111 000
Total Equity and Debt	3 410 000	4 982 000	5 059 000	8 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,92 %	1,22 %	−18,22 %	2,65 %
Debt-to-Equity Ratio	0,03	0,21	0,27	0,7
Operating Profit Margin	70,92 %	6,08 %	−75,67 %	18,24 %
Current Ratio	1,42	0,71	0,74	0,35
Quick Ratio	1,42	0,71	0,74	0,35
Equity Ratio	0,78	0,76	0,74	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %