EXCESS ENGINEERING AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

201,42 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 820 000	14 506 000	12 388 000	6 022 000
Net Income	−4 105 000	−435 000	−134 000	999 000
Total Assets	6 897 000	7 862 000	7 862 000	6 582 000
Total Equity	−2 038 000	2 067 000	2 502 000	2 636 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 820 000	14 506 000	12 388 000	6 022 000
Expenditure	10 896 000	14 986 000	12 539 000	5 020 000
Operating Profit	−4 076 000	−480 000	−152 000	1 003 000
Financial Income	17 000	23 000	42 000	5 000
Financial Costs	46 000	100 000	64 000	33 000
Financial Balance	−29 000	−77 000	−22 000	−28 000
Earnings Before Tax	−4 105 000	−556 000	−173 000	975 000
Tax	0	−121 000	−39 000	−23 000
Net Income	−4 105 000	−435 000	−134 000	999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 029 000	2 106 000	1 330 000	1 141 000
Total Current Assets	4 868 000	5 755 000	6 532 000	5 441 000
Total Assets	6 897 000	7 862 000	7 862 000	6 582 000
Total Retained Equity	−2 138 000	1 967 000	2 402 000	2 536 000
Total Equity	−2 038 000	2 067 000	2 502 000	2 636 000
Total Long-Term Debt	922 000	1 039 000	659 000	690 000
Total Current Debt	8 014 000	4 755 000	4 701 000	3 257 000
Total Equity and Debt	6 897 000	7 862 000	7 862 000	6 582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 820 000	14 349 000	12 388 000	6 022 000
Other Income	0	157 000	0	0
Revenue	6 820 000	14 506 000	12 388 000	6 022 000
Cost of Goods Sold	1 869 000	7 279 000	4 971 000	1 315 000
Salary Costs	6 891 000	5 499 000	4 271 000	2 897 000
Depreciation	350 000	207 000	211 000	151 000
Impairment	0	0	0	0
Expenditure	10 896 000	14 986 000	12 539 000	5 020 000
Operating Profit	−4 076 000	−480 000	−152 000	1 003 000
Financial Income	17 000	23 000	42 000	5 000
Financial Costs	46 000	100 000	64 000	33 000
Financial Balance	−29 000	−77 000	−22 000	−28 000
Dividends	0	0	0	0
Net Income	−4 105 000	−435 000	−134 000	999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	394 000	394 000	273 000	234 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	693 000	490 000	425 000	227 000
Fixtures	942 000	1 222 000	633 000	680 000
Total Tangible Assets	1 635 000	1 712 000	1 057 000	907 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 029 000	2 106 000	1 330 000	1 141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	1 525 000	1 723 000	1 068 000
Total Current Assets	4 868 000	5 755 000	6 532 000	5 441 000
Total Assets	6 897 000	7 862 000	7 862 000	6 582 000
Total Equity	−2 038 000	2 067 000	2 502 000	2 636 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	922 000	1 039 000	659 000	690 000
Creditors	4 252 000	1 378 000	655 000	484 000
Unpaid Taxes	1 028 000	1 205 000	662 000	815 000
Dividends	0	0	0	0
Other Current Debt	2 734 000	2 173 000	3 385 000	1 958 000
Total Current Debt	8 014 000	4 755 000	4 701 000	3 257 000
Total Equity and Debt	6 897 000	7 862 000	7 862 000	6 582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	201,42 %	−21,04 %	−5,36 %	37,9 %
Debt-to-Equity Ratio	−0,45	0,5	0,26	0,26
Operating Profit Margin	−59,77 %	−3,31 %	−1,23 %	16,66 %
Current Ratio	0,61	1,21	1,39	1,67
Quick Ratio	0,61	1,21	1,39	1,67
Equity Ratio	−0,3	0,26	0,32	0,4
Gross Profit Margin	72,6 %	49,82 %	59,87 %	78,16 %