EAM SOLAR AS

0278 OSLO

Finances

Return on Equity

−57,06 %

Current Ratio

1,85

Debt-to-Equity Ratio

1,16

Key figures (EUR)	2022	2021	2020	2019
Revenue	1 221 000	1 334 000	1 271 000	3 166 000
Net Income	−2 206 000	−3 774 000	−173 000	−236 000
Total Assets	10 659 000	13 659 000	16 739 000	19 298 000
Total Equity	3 866 000	6 771 000	9 672 000	10 953 000

Income (EUR)	2022	2021	2020	2019
Revenue	1 221 000	1 334 000	1 271 000	3 166 000
Expenditure	3 714 000	4 187 000	3 486 000	4 897 000
Operating Profit	−2 493 000	−2 854 000	−2 215 000	−1 731 000
Financial Income	1 193 000	255 000	4 058 000	3 487 000
Financial Costs	765 000	1 091 000	1 861 000	1 689 000
Financial Balance	428 000	−836 000	2 197 000	1 798 000
Earnings Before Tax	−2 065 000	−3 690 000	−18 000	68 000
Tax	141 000	85 000	155 000	304 000
Net Income	−2 206 000	−3 774 000	−173 000	−236 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	6 385 000	7 086 000	7 762 000	8 517 000
Total Current Assets	4 274 000	6 573 000	8 977 000	10 781 000
Total Assets	10 659 000	13 659 000	16 739 000	19 298 000
Total Retained Equity	−31 864 000	−28 959 000	−26 058 000	−24 777 000
Total Equity	3 866 000	6 771 000	9 672 000	10 953 000
Total Long-Term Debt	4 489 000	4 859 000	5 257 000	5 724 000
Total Current Debt	2 305 000	2 029 000	1 810 000	2 622 000
Total Equity and Debt	10 659 000	13 659 000	16 739 000	19 298 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	1 221 000	1 334 000	1 271 000	3 166 000
Other Income	0	0	0	0
Revenue	1 221 000	1 334 000	1 271 000	3 166 000
Cost of Goods Sold	0	0	2 930 000	3 608 000
Salary Costs	0	0	0	0
Depreciation	564 000	562 000	556 000	1 289 000
Impairment	0	0	0	0
Expenditure	3 714 000	4 187 000	3 486 000	4 897 000
Operating Profit	−2 493 000	−2 854 000	−2 215 000	−1 731 000
Financial Income	1 193 000	255 000	4 058 000	3 487 000
Financial Costs	765 000	1 091 000	1 861 000	1 689 000
Financial Balance	428 000	−836 000	2 197 000	1 798 000
Dividends	0	0	0	0
Net Income	−2 206 000	−3 774 000	−173 000	−236 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	9 000	0	0	11 000
Total Intangible Assets	73 000	93 000	120 000	171 000
Real Eastate	5 988 000	6 538 000	0	0
Machinery and Plant Facilities	0	0	7 100 000	7 656 000
Fixtures	0	0	0	0
Total Tangible Assets	5 988 000	6 538 000	7 100 000	7 656 000
Total Fiancial Fixed Assets	324 000	455 000	543 000	691 000
Total Fixed Assets	6 385 000	7 086 000	7 762 000	8 517 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 464 000	582 000	473 000	366 000
Total Current Assets	4 274 000	6 573 000	8 977 000	10 781 000
Total Assets	10 659 000	13 659 000	16 739 000	19 298 000
Total Equity	3 866 000	6 771 000	9 672 000	10 953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 489 000	4 859 000	5 257 000	5 724 000
Creditors	1 874 000	1 620 000	1 422 000	2 253 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	431 000	0	0	0
Total Current Debt	2 305 000	2 029 000	1 810 000	2 622 000
Total Equity and Debt	10 659 000	13 659 000	16 739 000	19 298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,06 %	−55,74 %	−1,79 %	−2,15 %
Debt-to-Equity Ratio	1,16	0,72	0,54	0,52
Operating Profit Margin	−204,18 %	−213,94 %	−174,27 %	−54,67 %
Current Ratio	1,85	3,24	4,96	4,11
Quick Ratio	1,85	3,24	4,96	4,11
Equity Ratio	0,36	0,5	0,58	0,57
Gross Profit Margin	100 %	100 %	−130,53 %	−13,96 %