EMVIC AS

3045 DRAMMEN

Finances

Return on Equity

−11,7 %

Current Ratio

23,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 184 000	316 000	0	191 000
Net Income	−3 020 000	3 374 000	2 509 000	2 473 000
Total Assets	26 894 000	33 415 000	31 161 000	30 248 000
Total Equity	25 815 000	33 335 000	30 161 000	30 002 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 184 000	316 000	0	191 000
Expenditure	1 289 000	648 000	303 000	485 000
Operating Profit	−106 000	−331 000	−303 000	−293 000
Financial Income	1 046 000	3 705 000	2 812 000	2 768 000
Financial Costs	3 960 000	0	0	2 000
Financial Balance	−2 914 000	3 705 000	2 812 000	2 766 000
Earnings Before Tax	−3 020 000	3 374 000	2 509 000	2 473 000
Tax	0	0	0	0
Net Income	−3 020 000	3 374 000	2 509 000	2 473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 930 000	4 168 000	4 168 000	4 168 000
Total Current Assets	24 963 000	29 247 000	26 993 000	26 080 000
Total Assets	26 894 000	33 415 000	31 161 000	30 248 000
Total Retained Equity	25 680 000	33 200 000	30 026 000	29 867 000
Total Equity	25 815 000	33 335 000	30 161 000	30 002 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 078 000	80 000	1 000 000	246 000
Total Equity and Debt	26 894 000	33 415 000	31 161 000	30 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 184 000	316 000	0	191 000
Other Income	0	0	0	0
Revenue	1 184 000	316 000	0	191 000
Cost of Goods Sold	0	0	0	0
Salary Costs	888 000	277 000	2 000	387 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 289 000	648 000	303 000	485 000
Operating Profit	−106 000	−331 000	−303 000	−293 000
Financial Income	1 046 000	3 705 000	2 812 000	2 768 000
Financial Costs	3 960 000	0	0	2 000
Financial Balance	−2 914 000	3 705 000	2 812 000	2 766 000
Dividends	4 500 000	200 000	2 350 000	330 000
Net Income	−3 020 000	3 374 000	2 509 000	2 473 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 930 000	4 168 000	4 168 000	4 168 000
Total Fixed Assets	1 930 000	4 168 000	4 168 000	4 168 000
Stock	0	0	0	0
Total Investments	23 657 000	24 733 000	22 184 000	21 566 000
Cash, Bank	1 304 000	11 000	349 000	53 000
Total Current Assets	24 963 000	29 247 000	26 993 000	26 080 000
Total Assets	26 894 000	33 415 000	31 161 000	30 248 000
Total Equity	25 815 000	33 335 000	30 161 000	30 002 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	0	0	0
Unpaid Taxes	66 000	54 000	0	6 000
Dividends	4 500 000	200 000	2 350 000	330 000
Other Current Debt	0	26 000	0	40 000
Total Current Debt	1 078 000	80 000	1 000 000	246 000
Total Equity and Debt	26 894 000	33 415 000	31 161 000	30 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,7 %	10,12 %	8,32 %	8,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,95 %	−104,75 %	-	−153,4 %
Current Ratio	23,16	365,59	26,99	106,02
Quick Ratio	23,16	365,59	26,99	106,02
Equity Ratio	0,96	1	0,97	0,99
Gross Profit Margin	100 %	100 %	-	100 %