EDUCO REKRUTTERING AS

8656 MOSJØEN

Finances

Return on Equity

−12,5 %

Current Ratio

54,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	172 000	440 000	855 000
Net Income	−29 000	30 000	10 000	43 000
Total Assets	236 000	278 000	295 000	370 000
Total Equity	232 000	260 000	230 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	172 000	440 000	855 000
Expenditure	29 000	142 000	431 000	813 000
Operating Profit	−29 000	30 000	9 000	43 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	0
Earnings Before Tax	−29 000	30 000	10 000	43 000
Tax	0	0	0	0
Net Income	−29 000	30 000	10 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	28 000	0	0
Total Current Assets	218 000	249 000	295 000	370 000
Total Assets	236 000	278 000	295 000	370 000
Total Retained Equity	172 000	200 000	170 000	160 000
Total Equity	232 000	260 000	230 000	220 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 000	17 000	65 000	149 000
Total Equity and Debt	236 000	278 000	295 000	370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	172 000	390 000	855 000
Other Income	0	0	50 000	0
Revenue	0	172 000	440 000	855 000
Cost of Goods Sold	0	99 000	135 000	105 000
Salary Costs	0	8 000	216 000	636 000
Depreciation	10 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	29 000	142 000	431 000	813 000
Operating Profit	−29 000	30 000	9 000	43 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	0
Dividends	0	0	0	0
Net Income	−29 000	30 000	10 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	28 000	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	0	0	0	0
Total Fixed Assets	18 000	28 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	180 000	272 000	299 000
Total Current Assets	218 000	249 000	295 000	370 000
Total Assets	236 000	278 000	295 000	370 000
Total Equity	232 000	260 000	230 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	11 000	57 000	21 000
Unpaid Taxes	0	6 000	4 000	44 000
Dividends	0	0	0	0
Other Current Debt	0	0	4 000	85 000
Total Current Debt	4 000	17 000	65 000	149 000
Total Equity and Debt	236 000	278 000	295 000	370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,5 %	11,54 %	4,35 %	19,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	17,44 %	2,05 %	5,03 %
Current Ratio	54,5	14,65	4,54	2,48
Quick Ratio	54,5	14,65	4,54	2,48
Equity Ratio	0,98	0,94	0,78	0,59
Gross Profit Margin	-	42,44 %	69,32 %	87,72 %