EUROSECURE NORGE AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

5,91 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 943 000	5 852 000	4 491 000	4 712 000
Net Income	101 000	82 000	469 000	294 000
Total Assets	11 824 000	11 740 000	6 719 000	4 342 000
Total Equity	1 708 000	1 607 000	1 524 000	−193 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 943 000	5 852 000	4 491 000	4 712 000
Expenditure	11 308 000	5 791 000	3 885 000	5 095 000
Operating Profit	−364 000	61 000	606 000	−382 000
Financial Income	633 000	101 000	39 000	789 000
Financial Costs	138 000	56 000	44 000	30 000
Financial Balance	495 000	45 000	−5 000	759 000
Earnings Before Tax	130 000	106 000	600 000	377 000
Tax	29 000	23 000	132 000	83 000
Net Income	101 000	82 000	469 000	294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 454 000	243 000
Total Current Assets	11 824 000	11 740 000	5 265 000	4 099 000
Total Assets	11 824 000	11 740 000	6 719 000	4 342 000
Total Retained Equity	1 608 000	1 507 000	1 424 000	−293 000
Total Equity	1 708 000	1 607 000	1 524 000	−193 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 116 000	10 133 000	5 194 000	4 535 000
Total Equity and Debt	11 824 000	11 740 000	6 719 000	4 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 245 000	4 805 000	4 491 000	4 711 000
Other Income	2 698 000	1 047 000	0	1 000
Revenue	10 943 000	5 852 000	4 491 000	4 712 000
Cost of Goods Sold	5 383 000	2 948 000	2 231 000	2 436 000
Salary Costs	0	0	66 000	0
Depreciation	0	1 000	7 000	0
Impairment	0	0	0	0
Expenditure	11 308 000	5 791 000	3 885 000	5 095 000
Operating Profit	−364 000	61 000	606 000	−382 000
Financial Income	633 000	101 000	39 000	789 000
Financial Costs	138 000	56 000	44 000	30 000
Financial Balance	495 000	45 000	−5 000	759 000
Dividends	0	0	0	0
Net Income	101 000	82 000	469 000	294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 000	0
Total Tangible Assets	0	0	1 000	0
Total Fiancial Fixed Assets	0	0	1 450 000	190 000
Total Fixed Assets	0	0	1 454 000	243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 536 000	2 919 000	2 827 000	734 000
Total Current Assets	11 824 000	11 740 000	5 265 000	4 099 000
Total Assets	11 824 000	11 740 000	6 719 000	4 342 000
Total Equity	1 708 000	1 607 000	1 524 000	−193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 739 000	6 000	550 000	381 000
Unpaid Taxes	163 000	396 000	183 000	116 000
Dividends	0	0	0	0
Other Current Debt	4 186 000	9 711 000	4 382 000	4 039 000
Total Current Debt	10 116 000	10 133 000	5 194 000	4 535 000
Total Equity and Debt	11 824 000	11 740 000	6 719 000	4 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,91 %	5,1 %	30,77 %	−152,33 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−3,33 %	1,04 %	13,49 %	−8,11 %
Current Ratio	1,17	1,16	1,01	0,9
Quick Ratio	1,17	1,16	1,01	0,9
Equity Ratio	0,14	0,14	0,23	−0,04
Gross Profit Margin	50,81 %	49,62 %	50,32 %	48,3 %