EUROPEAN LOYALTY SYSTEMS AS

0484 OSLO

Finances

Return on Equity

−4,08 %

Current Ratio

1,5

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	−202 000	2 000 000	2 000 000	2 400 000
Net Income	−90 000	−1 449 000	2 020 000	1 091 000
Total Assets	5 308 000	11 396 000	14 042 000	14 877 000
Total Equity	2 205 000	4 638 000	6 087 000	4 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	−202 000	2 000 000	2 000 000	2 400 000
Expenditure	2 258 000	561 000	1 203 000	836 000
Operating Profit	−2 460 000	1 438 000	797 000	1 564 000
Financial Income	2 417 000	2 637 000	2 043 000	66 000
Financial Costs	47 000	5 146 000	644 000	231 000
Financial Balance	2 370 000	−2 509 000	1 399 000	−165 000
Earnings Before Tax	−90 000	−1 071 000	2 196 000	1 399 000
Tax	0	378 000	176 000	308 000
Net Income	−90 000	−1 449 000	2 020 000	1 091 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 846 000	5 008 000	8 030 000	8 377 000
Total Current Assets	462 000	6 388 000	6 012 000	6 501 000
Total Assets	5 308 000	11 396 000	14 042 000	14 877 000
Total Retained Equity	1 099 000	3 532 000	4 981 000	2 961 000
Total Equity	2 205 000	4 638 000	6 087 000	4 067 000
Total Long-Term Debt	2 794 000	5 647 000	6 548 000	4 996 000
Total Current Debt	309 000	1 111 000	1 407 000	5 814 000
Total Equity and Debt	5 308 000	11 396 000	14 042 000	14 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−202 000	2 000 000	2 000 000	2 000 000
Other Income	0	0	0	400 000
Revenue	−202 000	2 000 000	2 000 000	2 400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	695 000	121 000	426 000	278 000
Depreciation	187 000	325 000	404 000	248 000
Impairment	0	0	0	0
Expenditure	2 258 000	561 000	1 203 000	836 000
Operating Profit	−2 460 000	1 438 000	797 000	1 564 000
Financial Income	2 417 000	2 637 000	2 043 000	66 000
Financial Costs	47 000	5 146 000	644 000	231 000
Financial Balance	2 370 000	−2 509 000	1 399 000	−165 000
Dividends	2 500 000	0	0	2 000 000
Net Income	−90 000	−1 449 000	2 020 000	1 091 000

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	349 000	511 000	836 000	1 183 000
Total Tangible Assets	349 000	511 000	836 000	1 183 000
Total Fiancial Fixed Assets	4 497 000	4 497 000	7 194 000	7 194 000
Total Fixed Assets	4 846 000	5 008 000	8 030 000	8 377 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	180 000	398 000	3 092 000
Total Current Assets	462 000	6 388 000	6 012 000	6 501 000
Total Assets	5 308 000	11 396 000	14 042 000	14 877 000
Total Equity	2 205 000	4 638 000	6 087 000	4 067 000
Short-Term Group Debt	0	121 000	312 000	3 096 000
Total Long-Term Debt	2 794 000	5 647 000	6 548 000	4 996 000
Creditors	14 000	4 000	23 000	28 000
Unpaid Taxes	80 000	234 000	160 000	230 000
Dividends	2 500 000	0	0	2 000 000
Other Current Debt	215 000	374 000	712 000	157 000
Total Current Debt	309 000	1 111 000	1 407 000	5 814 000
Total Equity and Debt	5 308 000	11 396 000	14 042 000	14 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,08 %	−31,24 %	33,19 %	26,83 %
Debt-to-Equity Ratio	1,27	1,22	1,08	1,23
Operating Profit Margin	1 217,82 %	71,9 %	39,85 %	65,17 %
Current Ratio	1,5	5,75	4,27	1,12
Quick Ratio	1,5	5,75	4,27	1,12
Equity Ratio	0,42	0,41	0,43	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %