EDDA SYSTEMS AS

3430 SPIKKESTAD

Finances

Share Ownership

Return on Equity

−17,39 %

Current Ratio

5,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 048 000	7 509 000	6 129 000	4 551 000
Net Income	−787 000	574 000	353 000	−661 000
Total Assets	5 470 000	7 152 000	5 701 000	5 344 000
Total Equity	4 525 000	5 312 000	4 738 000	4 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 048 000	7 509 000	6 129 000	4 551 000
Expenditure	5 885 000	6 796 000	5 821 000	5 259 000
Operating Profit	−837 000	713 000	308 000	−709 000
Financial Income	70 000	46 000	76 000	95 000
Financial Costs	20 000	110 000	31 000	47 000
Financial Balance	50 000	−64 000	45 000	48 000
Earnings Before Tax	−787 000	649 000	353 000	−661 000
Tax	0	74 000	0	0
Net Income	−787 000	574 000	353 000	−661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	69 000	47 000	0
Total Current Assets	5 346 000	7 083 000	5 654 000	5 344 000
Total Assets	5 470 000	7 152 000	5 701 000	5 344 000
Total Retained Equity	4 425 000	5 212 000	4 638 000	4 285 000
Total Equity	4 525 000	5 312 000	4 738 000	4 385 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	945 000	1 840 000	963 000	960 000
Total Equity and Debt	5 470 000	7 152 000	5 701 000	5 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 048 000	7 509 000	6 129 000	4 551 000
Other Income	0	0	0	0
Revenue	5 048 000	7 509 000	6 129 000	4 551 000
Cost of Goods Sold	47 000	374 000	408 000	119 000
Salary Costs	4 726 000	5 485 000	4 346 000	4 257 000
Depreciation	49 000	18 000	12 000	30 000
Impairment	0	0	0	0
Expenditure	5 885 000	6 796 000	5 821 000	5 259 000
Operating Profit	−837 000	713 000	308 000	−709 000
Financial Income	70 000	46 000	76 000	95 000
Financial Costs	20 000	110 000	31 000	47 000
Financial Balance	50 000	−64 000	45 000	48 000
Dividends	0	0	0	0
Net Income	−787 000	574 000	353 000	−661 000

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	124 000	69 000	47 000	0
Total Tangible Assets	124 000	69 000	47 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	124 000	69 000	47 000	0
Stock	0	0	292 000	0
Total Investments	0	0	0	0
Cash, Bank	4 864 000	5 844 000	3 110 000	4 319 000
Total Current Assets	5 346 000	7 083 000	5 654 000	5 344 000
Total Assets	5 470 000	7 152 000	5 701 000	5 344 000
Total Equity	4 525 000	5 312 000	4 738 000	4 385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	125 000	102 000	46 000	81 000
Unpaid Taxes	338 000	459 000	511 000	505 000
Dividends	0	0	0	0
Other Current Debt	483 000	1 204 000	406 000	374 000
Total Current Debt	945 000	1 840 000	963 000	960 000
Total Equity and Debt	5 470 000	7 152 000	5 701 000	5 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,39 %	10,81 %	7,45 %	−15,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,58 %	9,5 %	5,03 %	−15,58 %
Current Ratio	5,66	3,85	5,87	5,57
Quick Ratio	5,66	3,85	8,43	5,57
Equity Ratio	0,83	0,74	0,83	0,82
Gross Profit Margin	99,07 %	95,02 %	93,34 %	97,39 %