EDLAND BRØNNBORING AS

3895 EDLAND

Finances

Share Ownership

Return on Equity

7,91 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 487 000	4 403 000	3 654 000	3 788 000
Net Income	165 000	133 000	−442 000	−7 000
Total Assets	3 462 000	2 609 000	2 496 000	2 975 000
Total Equity	2 086 000	1 922 000	1 789 000	2 230 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 487 000	4 403 000	3 654 000	3 788 000
Expenditure	5 291 000	4 259 000	4 157 000	3 759 000
Operating Profit	196 000	145 000	−503 000	29 000
Financial Income	5 000	0	0	3 000
Financial Costs	18 000	12 000	19 000	19 000
Financial Balance	−13 000	−12 000	−19 000	−16 000
Earnings Before Tax	183 000	133 000	−521 000	12 000
Tax	19 000	0	−80 000	19 000
Net Income	165 000	133 000	−442 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	904 000	415 000	668 000	927 000
Total Current Assets	2 558 000	2 194 000	1 828 000	2 048 000
Total Assets	3 462 000	2 609 000	2 496 000	2 975 000
Total Retained Equity	1 985 000	1 821 000	1 688 000	2 129 000
Total Equity	2 086 000	1 922 000	1 789 000	2 230 000
Total Long-Term Debt	529 000	133 000	234 000	389 000
Total Current Debt	846 000	555 000	473 000	355 000
Total Equity and Debt	3 462 000	2 609 000	2 496 000	2 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 055 000	4 403 000	3 643 000	3 780 000
Other Income	433 000	0	11 000	8 000
Revenue	5 487 000	4 403 000	3 654 000	3 788 000
Cost of Goods Sold	2 194 000	1 526 000	1 453 000	725 000
Salary Costs	1 187 000	1 076 000	1 113 000	1 372 000
Depreciation	253 000	254 000	278 000	266 000
Impairment	0	0	0	0
Expenditure	5 291 000	4 259 000	4 157 000	3 759 000
Operating Profit	196 000	145 000	−503 000	29 000
Financial Income	5 000	0	0	3 000
Financial Costs	18 000	12 000	19 000	19 000
Financial Balance	−13 000	−12 000	−19 000	−16 000
Dividends	0	0	0	0
Net Income	165 000	133 000	−442 000	−7 000

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	740 000	63 000	153 000	247 000
Fixtures	164 000	352 000	515 000	679 000
Total Tangible Assets	904 000	415 000	668 000	927 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	904 000	415 000	668 000	927 000
Stock	592 000	580 000	410 000	688 000
Total Investments	0	0	0	0
Cash, Bank	1 722 000	1 346 000	1 012 000	935 000
Total Current Assets	2 558 000	2 194 000	1 828 000	2 048 000
Total Assets	3 462 000	2 609 000	2 496 000	2 975 000
Total Equity	2 086 000	1 922 000	1 789 000	2 230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	529 000	133 000	234 000	389 000
Creditors	239 000	60 000	43 000	22 000
Unpaid Taxes	100 000	117 000	152 000	117 000
Dividends	0	0	0	0
Other Current Debt	507 000	377 000	279 000	205 000
Total Current Debt	846 000	555 000	473 000	355 000
Total Equity and Debt	3 462 000	2 609 000	2 496 000	2 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,91 %	6,92 %	−24,71 %	−0,31 %
Debt-to-Equity Ratio	0,25	0,07	0,13	0,17
Operating Profit Margin	3,57 %	3,29 %	−13,77 %	0,77 %
Current Ratio	3,02	3,95	3,86	5,77
Quick Ratio	10,07	−87,76	29,02	−6,15
Equity Ratio	0,6	0,74	0,72	0,75
Gross Profit Margin	60,01 %	65,34 %	60,24 %	80,86 %