EIC OIL & GAS AS

1446 DRØBAK

Finances

Share Ownership

Return on Equity

31,41 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 593 000	9 353 000	10 399 000	10 501 000
Net Income	316 000	1 011 000	1 176 000	1 227 000
Total Assets	2 472 000	4 864 000	4 435 000	4 999 000
Total Equity	1 006 000	1 006 000	1 006 000	1 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 593 000	9 353 000	10 399 000	10 501 000
Expenditure	5 196 000	7 976 000	8 913 000	8 891 000
Operating Profit	396 000	1 376 000	1 486 000	1 610 000
Financial Income	94 000	56 000	240 000	42 000
Financial Costs	86 000	136 000	218 000	80 000
Financial Balance	8 000	−80 000	22 000	−38 000
Earnings Before Tax	405 000	1 296 000	1 508 000	1 573 000
Tax	89 000	285 000	332 000	346 000
Net Income	316 000	1 011 000	1 176 000	1 227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 472 000	4 864 000	4 435 000	4 999 000
Total Assets	2 472 000	4 864 000	4 435 000	4 999 000
Total Retained Equity	905 000	905 000	905 000	905 000
Total Equity	1 006 000	1 006 000	1 006 000	1 006 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 466 000	3 858 000	3 430 000	3 993 000
Total Equity and Debt	2 472 000	4 864 000	4 435 000	4 999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 593 000	9 353 000	10 399 000	10 501 000
Other Income	0	0	0	0
Revenue	5 593 000	9 353 000	10 399 000	10 501 000
Cost of Goods Sold	2 257 000	1 564 000	2 584 000	1 039 000
Salary Costs	2 565 000	5 271 000	5 520 000	6 724 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 196 000	7 976 000	8 913 000	8 891 000
Operating Profit	396 000	1 376 000	1 486 000	1 610 000
Financial Income	94 000	56 000	240 000	42 000
Financial Costs	86 000	136 000	218 000	80 000
Financial Balance	8 000	−80 000	22 000	−38 000
Dividends	0	0	0	0
Net Income	316 000	1 011 000	1 176 000	1 227 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 551 000	1 735 000	2 188 000	2 046 000
Total Current Assets	2 472 000	4 864 000	4 435 000	4 999 000
Total Assets	2 472 000	4 864 000	4 435 000	4 999 000
Total Equity	1 006 000	1 006 000	1 006 000	1 006 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	474 000	669 000	390 000	138 000
Unpaid Taxes	331 000	934 000	802 000	619 000
Dividends	0	0	0	0
Other Current Debt	661 000	2 255 000	2 238 000	3 236 000
Total Current Debt	1 466 000	3 858 000	3 430 000	3 993 000
Total Equity and Debt	2 472 000	4 864 000	4 435 000	4 999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,41 %	100,5 %	116,9 %	121,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,08 %	14,71 %	14,29 %	15,33 %
Current Ratio	1,69	1,26	1,29	1,25
Quick Ratio	1,69	1,26	1,29	1,25
Equity Ratio	0,41	0,21	0,23	0,2
Gross Profit Margin	59,65 %	83,28 %	75,15 %	90,11 %