EPICASA AS

4007 STAVANGER

Finances

Return on Equity

11,14 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 000	83 000	97 000	182 000
Net Income	−102 000	−158 000	−193 000	−591 000
Total Assets	1 360 000	1 483 000	1 576 000	1 548 000
Total Equity	−916 000	−813 000	−655 000	−462 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 000	83 000	97 000	182 000
Expenditure	238 000	198 000	302 000	310 000
Operating Profit	−97 000	−152 000	−205 000	−128 000
Financial Income	0	0	20 000	0
Financial Costs	5 000	7 000	7 000	463 000
Financial Balance	−5 000	−7 000	13 000	−463 000
Earnings Before Tax	−102 000	−158 000	−193 000	−591 000
Tax	0	0	0	0
Net Income	−102 000	−158 000	−193 000	−591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 241 000	1 311 000	1 381 000	1 433 000
Total Current Assets	119 000	172 000	195 000	115 000
Total Assets	1 360 000	1 483 000	1 576 000	1 548 000
Total Retained Equity	−1 016 000	−913 000	−755 000	−562 000
Total Equity	−916 000	−813 000	−655 000	−462 000
Total Long-Term Debt	508 000	486 000	527 000	277 000
Total Current Debt	1 768 000	1 811 000	1 704 000	1 733 000
Total Equity and Debt	1 360 000	1 483 000	1 576 000	1 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 000	83 000	97 000	182 000
Other Income	0	0	0	0
Revenue	141 000	83 000	97 000	182 000
Cost of Goods Sold	36 000	0	30 000	81 000
Salary Costs	11 000	8 000	6 000	5 000
Depreciation	70 000	70 000	70 000	86 000
Impairment	0	0	0	0
Expenditure	238 000	198 000	302 000	310 000
Operating Profit	−97 000	−152 000	−205 000	−128 000
Financial Income	0	0	20 000	0
Financial Costs	5 000	7 000	7 000	463 000
Financial Balance	−5 000	−7 000	13 000	−463 000
Dividends	0	0	0	0
Net Income	−102 000	−158 000	−193 000	−591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	886 000	907 000	927 000	947 000
Machinery and Plant Facilities	49 000	98 000	0	0
Fixtures	0	0	148 000	197 000
Total Tangible Assets	935 000	1 005 000	1 075 000	1 144 000
Total Fiancial Fixed Assets	306 000	306 000	306 000	289 000
Total Fixed Assets	1 241 000	1 311 000	1 381 000	1 433 000
Stock	52 000	53 000	90 000	60 000
Total Investments	0	0	0	0
Cash, Bank	21 000	5 000	5 000	51 000
Total Current Assets	119 000	172 000	195 000	115 000
Total Assets	1 360 000	1 483 000	1 576 000	1 548 000
Total Equity	−916 000	−813 000	−655 000	−462 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	508 000	486 000	527 000	277 000
Creditors	−3 000	−4 000	0	0
Unpaid Taxes	16 000	0	1 000	26 000
Dividends	0	0	0	0
Other Current Debt	1 755 000	1 814 000	1 704 000	1 708 000
Total Current Debt	1 768 000	1 811 000	1 704 000	1 733 000
Total Equity and Debt	1 360 000	1 483 000	1 576 000	1 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,14 %	19,43 %	29,47 %	127,92 %
Debt-to-Equity Ratio	−0,55	−0,6	−0,8	−0,6
Operating Profit Margin	−68,79 %	−183,13 %	−211,34 %	−70,33 %
Current Ratio	0,07	0,09	0,11	0,07
Quick Ratio	0,07	0,1	0,12	0,07
Equity Ratio	−0,67	−0,55	−0,42	−0,3
Gross Profit Margin	74,47 %	100 %	69,07 %	55,49 %