EOR-TECH AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

83,21 %

Current Ratio

2,3

Debt-to-Equity Ratio

4,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 672 000	3 088 000	3 619 000	2 670 000
Net Income	803 000	825 000	1 487 000	−1 498 000
Total Assets	6 271 000	6 876 000	6 132 000	5 239 000
Total Equity	965 000	1 761 000	936 000	−551 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 672 000	3 088 000	3 619 000	2 670 000
Expenditure	2 494 000	1 296 000	1 537 000	1 398 000
Operating Profit	1 178 000	1 792 000	2 082 000	1 272 000
Financial Income	147 000	57 000	6 000	39 000
Financial Costs	307 000	484 000	183 000	2 574 000
Financial Balance	−160 000	−427 000	−177 000	−2 535 000
Earnings Before Tax	1 018 000	1 364 000	1 905 000	−1 263 000
Tax	215 000	539 000	418 000	235 000
Net Income	803 000	825 000	1 487 000	−1 498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 968 000	4 006 000	3 759 000	3 749 000
Total Current Assets	2 303 000	2 870 000	2 374 000	1 489 000
Total Assets	6 271 000	6 876 000	6 132 000	5 239 000
Total Retained Equity	865 000	1 661 000	836 000	−651 000
Total Equity	965 000	1 761 000	936 000	−551 000
Total Long-Term Debt	4 304 000	4 231 000	4 489 000	4 591 000
Total Current Debt	1 003 000	884 000	708 000	1 199 000
Total Equity and Debt	6 271 000	6 876 000	6 132 000	5 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 961 000	2 878 000	3 395 000	2 532 000
Other Income	711 000	210 000	224 000	138 000
Revenue	3 672 000	3 088 000	3 619 000	2 670 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 897 000	807 000	1 105 000	984 000
Depreciation	73 000	74 000	10 000	5 000
Impairment	0	0	0	0
Expenditure	2 494 000	1 296 000	1 537 000	1 398 000
Operating Profit	1 178 000	1 792 000	2 082 000	1 272 000
Financial Income	147 000	57 000	6 000	39 000
Financial Costs	307 000	484 000	183 000	2 574 000
Financial Balance	−160 000	−427 000	−177 000	−2 535 000
Dividends	0	0	0	0
Net Income	803 000	825 000	1 487 000	−1 498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 734 000	3 734 000	3 734 000	3 734 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	235 000	273 000	25 000	16 000
Total Tangible Assets	3 968 000	4 006 000	3 759 000	3 749 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 968 000	4 006 000	3 759 000	3 749 000
Stock	0	0	0	0
Total Investments	0	628 000	0	0
Cash, Bank	467 000	365 000	1 008 000	483 000
Total Current Assets	2 303 000	2 870 000	2 374 000	1 489 000
Total Assets	6 271 000	6 876 000	6 132 000	5 239 000
Total Equity	965 000	1 761 000	936 000	−551 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 304 000	4 231 000	4 489 000	4 591 000
Creditors	2 000	0	0	7 000
Unpaid Taxes	621 000	437 000	162 000	146 000
Dividends	0	0	0	0
Other Current Debt	165 000	88 000	127 000	820 000
Total Current Debt	1 003 000	884 000	708 000	1 199 000
Total Equity and Debt	6 271 000	6 876 000	6 132 000	5 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,21 %	46,85 %	158,87 %	271,87 %
Debt-to-Equity Ratio	4,46	2,4	4,8	−8,33
Operating Profit Margin	32,08 %	58,03 %	57,53 %	47,64 %
Current Ratio	2,3	3,25	3,35	1,24
Quick Ratio	2,3	3,25	3,35	1,24
Equity Ratio	0,15	0,26	0,15	−0,11
Gross Profit Margin	100 %	100 %	100 %	100 %