EDRILLING AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

25,18 %

Current Ratio

3,08

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 001 000	26 738 000	21 268 000	27 518 000
Net Income	7 478 000	5 397 000	1 648 000	1 591 000
Total Assets	45 148 000	39 390 000	24 915 000	23 486 000
Total Equity	29 702 000	26 224 000	20 827 000	19 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 001 000	26 738 000	21 268 000	27 518 000
Expenditure	21 251 000	20 019 000	20 097 000	25 469 000
Operating Profit	8 750 000	6 720 000	1 171 000	2 049 000
Financial Income	1 341 000	1 012 000	1 731 000	363 000
Financial Costs	779 000	977 000	881 000	364 000
Financial Balance	562 000	35 000	850 000	−1 000
Earnings Before Tax	9 312 000	6 754 000	2 021 000	2 048 000
Tax	1 834 000	1 357 000	373 000	457 000
Net Income	7 478 000	5 397 000	1 648 000	1 591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 720 000	14 950 000	8 543 000	9 031 000
Total Current Assets	28 428 000	24 440 000	16 373 000	14 455 000
Total Assets	45 148 000	39 390 000	24 915 000	23 486 000
Total Retained Equity	17 133 000	13 655 000	8 258 000	6 610 000
Total Equity	29 702 000	26 224 000	20 827 000	19 179 000
Total Long-Term Debt	6 224 000	4 644 000	0	0
Total Current Debt	9 222 000	8 523 000	4 088 000	4 307 000
Total Equity and Debt	45 148 000	39 390 000	24 915 000	23 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 001 000	26 738 000	21 268 000	27 518 000
Other Income	0	0	0	0
Revenue	30 001 000	26 738 000	21 268 000	27 518 000
Cost of Goods Sold	1 879 000	1 099 000	964 000	475 000
Salary Costs	10 374 000	4 706 000	9 463 000	11 670 000
Depreciation	1 602 000	1 563 000	2 226 000	5 863 000
Impairment	0	127 000	0	342 000
Expenditure	21 251 000	20 019 000	20 097 000	25 469 000
Operating Profit	8 750 000	6 720 000	1 171 000	2 049 000
Financial Income	1 341 000	1 012 000	1 731 000	363 000
Financial Costs	779 000	977 000	881 000	364 000
Financial Balance	562 000	35 000	850 000	−1 000
Dividends	4 000 000	0	0	0
Net Income	7 478 000	5 397 000	1 648 000	1 591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 551 000	14 747 000	8 273 000	8 830 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	169 000	203 000	204 000	158 000
Total Tangible Assets	169 000	203 000	204 000	158 000
Total Fiancial Fixed Assets	0	0	66 000	44 000
Total Fixed Assets	16 720 000	14 950 000	8 543 000	9 031 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 260 000	13 318 000	12 037 000	8 332 000
Total Current Assets	28 428 000	24 440 000	16 373 000	14 455 000
Total Assets	45 148 000	39 390 000	24 915 000	23 486 000
Total Equity	29 702 000	26 224 000	20 827 000	19 179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 224 000	4 644 000	0	0
Creditors	547 000	1 050 000	918 000	1 466 000
Unpaid Taxes	1 125 000	1 099 000	853 000	888 000
Dividends	4 000 000	0	0	0
Other Current Debt	3 240 000	6 374 000	2 318 000	1 953 000
Total Current Debt	9 222 000	8 523 000	4 088 000	4 307 000
Total Equity and Debt	45 148 000	39 390 000	24 915 000	23 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,18 %	20,58 %	7,91 %	8,3 %
Debt-to-Equity Ratio	0,21	0,18	0	0
Operating Profit Margin	29,17 %	25,13 %	5,51 %	7,45 %
Current Ratio	3,08	2,87	4,01	3,36
Quick Ratio	3,08	2,87	4,01	3,36
Equity Ratio	0,66	0,67	0,84	0,82
Gross Profit Margin	93,74 %	95,89 %	95,47 %	98,27 %