EPICEVENT AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

212,9 %

Current Ratio

2,16

Debt-to-Equity Ratio

2,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	594 000	198 000	98 000	948 000
Net Income	132 000	−64 000	−400 000	118 000
Total Assets	401 000	233 000	364 000	890 000
Total Equity	62 000	−69 000	−6 000	394 000

Income (NOK)	2022	2021	2020	2019
Revenue	594 000	198 000	98 000	948 000
Expenditure	447 000	246 000	478 000	776 000
Operating Profit	148 000	−47 000	−380 000	172 000
Financial Income	0	0	1 000	1 000
Financial Costs	16 000	17 000	21 000	23 000
Financial Balance	−16 000	−17 000	−20 000	−22 000
Earnings Before Tax	132 000	−64 000	−400 000	151 000
Tax	0	0	0	33 000
Net Income	132 000	−64 000	−400 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	133 000	235 000	288 000
Total Current Assets	335 000	99 000	129 000	601 000
Total Assets	401 000	233 000	364 000	890 000
Total Retained Equity	32 000	−89 000	−26 000	374 000
Total Equity	62 000	−69 000	−6 000	394 000
Total Long-Term Debt	184 000	236 000	287 000	339 000
Total Current Debt	155 000	66 000	83 000	157 000
Total Equity and Debt	401 000	233 000	364 000	890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	594 000	198 000	98 000	948 000
Other Income	0	0	0	0
Revenue	594 000	198 000	98 000	948 000
Cost of Goods Sold	122 000	13 000	2 000	73 000
Salary Costs	7 000	0	0	2 000
Depreciation	67 000	102 000	105 000	82 000
Impairment	0	0	0	0
Expenditure	447 000	246 000	478 000	776 000
Operating Profit	148 000	−47 000	−380 000	172 000
Financial Income	0	0	1 000	1 000
Financial Costs	16 000	17 000	21 000	23 000
Financial Balance	−16 000	−17 000	−20 000	−22 000
Dividends	0	0	0	0
Net Income	132 000	−64 000	−400 000	118 000

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	21 000	62 000	105 000
Fixtures	38 000	84 000	145 000	158 000
Total Tangible Assets	38 000	105 000	207 000	262 000
Total Fiancial Fixed Assets	28 000	28 000	28 000	26 000
Total Fixed Assets	66 000	133 000	235 000	288 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	84 000	47 000	462 000
Total Current Assets	335 000	99 000	129 000	601 000
Total Assets	401 000	233 000	364 000	890 000
Total Equity	62 000	−69 000	−6 000	394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	184 000	236 000	287 000	339 000
Creditors	89 000	46 000	82 000	−2 000
Unpaid Taxes	68 000	20 000	0	122 000
Dividends	0	0	0	0
Other Current Debt	−2 000	0	0	0
Total Current Debt	155 000	66 000	83 000	157 000
Total Equity and Debt	401 000	233 000	364 000	890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,9 %	92,75 %	6 666,67 %	29,95 %
Debt-to-Equity Ratio	2,97	−3,42	−47,83	0,86
Operating Profit Margin	24,92 %	−23,74 %	−387,76 %	18,14 %
Current Ratio	2,16	1,5	1,55	3,83
Quick Ratio	2,16	1,5	1,55	3,83
Equity Ratio	0,15	−0,3	−0,02	0,44
Gross Profit Margin	79,46 %	93,43 %	97,96 %	92,3 %