EUROPEAN STUDIOS AS

3513 HØNEFOSS

Finances

Share Ownership

Return on Equity

38,89 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	49 000	397 000
Net Income	−1 069 000	143 000	−97 000	−117 000
Total Assets	381 000	1 197 000	497 000	447 000
Total Equity	−2 749 000	−1 840 000	−1 061 000	−963 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	49 000	397 000
Expenditure	97 000	36 000	145 000	515 000
Operating Profit	−48 000	13 000	−96 000	−118 000
Financial Income	0	291 000	0	0
Financial Costs	1 022 000	161 000	3 000	0
Financial Balance	−1 022 000	130 000	−3 000	0
Earnings Before Tax	−1 069 000	143 000	−98 000	−117 000
Tax	0	0	0	0
Net Income	−1 069 000	143 000	−97 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	0	0	0
Total Current Assets	332 000	1 197 000	497 000	446 000
Total Assets	381 000	1 197 000	497 000	447 000
Total Retained Equity	−2 853 000	−1 944 000	−1 165 000	−1 066 000
Total Equity	−2 749 000	−1 840 000	−1 061 000	−963 000
Total Long-Term Debt	312 000	306 000	1 558 000	1 410 000
Total Current Debt	2 818 000	2 731 000	0	0
Total Equity and Debt	381 000	1 197 000	497 000	447 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	50 000	49 000	49 000
Other Income	0	0	0	348 000
Revenue	50 000	50 000	49 000	397 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	97 000	36 000	145 000	515 000
Operating Profit	−48 000	13 000	−96 000	−118 000
Financial Income	0	291 000	0	0
Financial Costs	1 022 000	161 000	3 000	0
Financial Balance	−1 022 000	130 000	−3 000	0
Dividends	0	0	0	0
Net Income	−1 069 000	143 000	−97 000	−117 000

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	50 000	0	0	0
Total Fixed Assets	50 000	0	0	0
Stock	0	0	0	0
Total Investments	170 000	902 000	0	0
Cash, Bank	161 000	295 000	11 000	9 000
Total Current Assets	332 000	1 197 000	497 000	446 000
Total Assets	381 000	1 197 000	497 000	447 000
Total Equity	−2 749 000	−1 840 000	−1 061 000	−963 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	312 000	306 000	1 558 000	1 410 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 818 000	2 731 000	0	0
Total Current Debt	2 818 000	2 731 000	0	0
Total Equity and Debt	381 000	1 197 000	497 000	447 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,89 %	−7,77 %	9,14 %	12,15 %
Debt-to-Equity Ratio	−0,11	−0,17	−1,47	−1,46
Operating Profit Margin	−96 %	26 %	−195,92 %	−29,72 %
Current Ratio	0,12	0,44	-	-
Quick Ratio	0,12	0,44	-	-
Equity Ratio	−7,22	−1,54	−2,13	−2,15
Gross Profit Margin	100 %	100 %	100 %	100 %