ECOHZ RENEWABLE ENERGY FOUNDATION

0160 OSLO

Finances

Share Ownership

Return on Equity

−3,03 %

Current Ratio

48,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	50 000	161 000	61 000
Net Income	−186 000	−257 000	−238 000	−436 000
Total Assets	6 269 000	6 426 000	6 865 000	9 279 000
Total Equity	6 141 000	6 328 000	6 585 000	6 822 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	50 000	161 000	61 000
Expenditure	258 000	303 000	414 000	243 000
Operating Profit	−259 000	−253 000	−252 000	−183 000
Financial Income	74 000	24 000	18 000	60 000
Financial Costs	2 000	28 000	3 000	314 000
Financial Balance	72 000	−4 000	15 000	−254 000
Earnings Before Tax	−186 000	−257 000	−238 000	−436 000
Tax	0	0	0	0
Net Income	−186 000	−257 000	−238 000	−436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 864 000	3 364 000
Total Current Assets	6 269 000	6 426 000	5 001 000	5 915 000
Total Assets	6 269 000	6 426 000	6 865 000	9 279 000
Total Retained Equity	5 941 000	6 128 000	6 412 000	6 650 000
Total Equity	6 141 000	6 328 000	6 585 000	6 822 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	128 000	98 000	280 000	2 457 000
Total Equity and Debt	6 269 000	6 426 000	6 865 000	9 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	50 000	161 000	61 000
Revenue	0	50 000	161 000	61 000
Cost of Goods Sold	0	0	0	0
Salary Costs	190 000	190 000	170 000	213 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	258 000	303 000	414 000	243 000
Operating Profit	−259 000	−253 000	−252 000	−183 000
Financial Income	74 000	24 000	18 000	60 000
Financial Costs	2 000	28 000	3 000	314 000
Financial Balance	72 000	−4 000	15 000	−254 000
Dividends	0	0	0	0
Net Income	−186 000	−257 000	−238 000	−436 000

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	0	0	1 864 000	3 364 000
Total Fixed Assets	0	0	1 864 000	3 364 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 195 000	6 403 000	4 919 000	5 855 000
Total Current Assets	6 269 000	6 426 000	5 001 000	5 915 000
Total Assets	6 269 000	6 426 000	6 865 000	9 279 000
Total Equity	6 141 000	6 328 000	6 585 000	6 822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	15 000	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	112 000	96 000	278 000	2 455 000
Total Current Debt	128 000	98 000	280 000	2 457 000
Total Equity and Debt	6 269 000	6 426 000	6 865 000	9 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,03 %	−4,06 %	−3,61 %	−6,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−506 %	−156,52 %	−300 %
Current Ratio	48,98	65,57	17,86	2,41
Quick Ratio	48,98	65,57	17,86	2,41
Equity Ratio	0,98	0,98	0,96	0,74
Gross Profit Margin	-	100 %	100 %	100 %