EPINION NORGE AS

0155 OSLO

Finances

Share Ownership

Return on Equity

3,26 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0

Key figures (NOK)	2018	2017	2016	2015
Revenue	34 733 000	31 962 000	26 335 000	18 907 000
Net Income	−322 000	−3 793 000	−8 133 000	−4 709 000
Total Assets	13 168 000	10 297 000	6 944 000	6 417 000
Total Equity	−9 879 000	−15 956 000	−12 163 000	−4 030 000

Income (NOK)	2018	2017	2016	2015
Revenue	34 733 000	31 962 000	26 335 000	18 907 000
Expenditure	34 810 000	34 877 000	34 188 000	23 147 000
Operating Profit	−77 000	−2 914 000	−7 853 000	−4 240 000
Financial Income	271 000	1 000	5 000	1 000
Financial Costs	517 000	880 000	285 000	470 000
Financial Balance	−246 000	−879 000	−280 000	−469 000
Earnings Before Tax	−322 000	−3 793 000	−8 133 000	−4 709 000
Tax	0	0	0	0
Net Income	−322 000	−3 793 000	−8 133 000	−4 709 000

Balance (NOK)	2018	2017	2016	2015
Total Fixed Assets	60 000	206 000	438 000	457 000
Total Current Assets	13 108 000	10 091 000	6 506 000	5 960 000
Total Assets	13 168 000	10 297 000	6 944 000	6 417 000
Total Retained Equity	−16 581 000	0	−12 466 000	−4 333 000
Total Equity	−9 879 000	−15 956 000	−12 163 000	−4 030 000
Total Long-Term Debt	0	0	0	212 000
Total Current Debt	23 047 000	26 253 000	19 107 000	10 235 000
Total Equity and Debt	13 168 000	10 297 000	6 944 000	6 417 000

Cash flow (NOK)	2018	2017	2016	2015
Sales Income	34 733 000	31 962 000	26 335 000	18 907 000
Other Income	0	0	0	0
Revenue	34 733 000	31 962 000	26 335 000	18 907 000
Cost of Goods Sold	4 009 000	2 350 000	4 463 000	2 229 000
Salary Costs	20 189 000	23 049 000	21 466 000	17 192 000
Depreciation	146 000	233 000	246 000	154 000
Impairment	0	0	0	0
Expenditure	34 810 000	34 877 000	34 188 000	23 147 000
Operating Profit	−77 000	−2 914 000	−7 853 000	−4 240 000
Financial Income	271 000	1 000	5 000	1 000
Financial Costs	517 000	880 000	285 000	470 000
Financial Balance	−246 000	−879 000	−280 000	−469 000
Dividends	0	0	0	0
Net Income	−322 000	−3 793 000	−8 133 000	−4 709 000

Balance details (NOK)	2018	2017	2016	2015
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	60 000	206 000	438 000	457 000
Total Tangible Assets	60 000	206 000	438 000	457 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	206 000	438 000	457 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 272 000	2 554 000	1 893 000	2 223 000
Total Current Assets	13 108 000	10 091 000	6 506 000	5 960 000
Total Assets	13 168 000	10 297 000	6 944 000	6 417 000
Total Equity	−9 879 000	−15 956 000	−12 163 000	−4 030 000
Short-Term Group Debt	5 166 000	9 690 000	679 000	224 000
Total Long-Term Debt	0	0	0	212 000
Creditors	1 165 000	0	4 607 000	725 000
Unpaid Taxes	2 256 000	2 209 000	2 029 000	1 837 000
Dividends	0	0	0	0
Other Current Debt	14 460 000	14 354 000	11 792 000	7 449 000
Total Current Debt	23 047 000	26 253 000	19 107 000	10 235 000
Total Equity and Debt	13 168 000	10 297 000	6 944 000	6 417 000

Financial indicators	2018	2017	2016	2015
Return on Equity	3,26 %	23,77 %	66,87 %	116,85 %
Debt-to-Equity Ratio	−0	−0	−0	−0,05
Operating Profit Margin	−0,22 %	−9,12 %	−29,82 %	−22,43 %
Current Ratio	0,57	0,38	0,34	0,58
Quick Ratio	0,57	0,38	0,34	0,58
Equity Ratio	−0,75	−1,55	−1,75	−0,63
Gross Profit Margin	88,46 %	92,65 %	83,05 %	88,21 %