ENCORE NORGE AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

−338,14 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020
Revenue	6 878 000	7 180 000	96 000
Net Income	−798 000	−610 000	−200 000
Total Assets	1 070 000	1 958 000	189 000
Total Equity	236 000	−766 000	−156 000

Income (NOK)	2022	2021	2020
Revenue	6 878 000	7 180 000	96 000
Expenditure	7 657 000	7 770 000	295 000
Operating Profit	−780 000	−590 000	−199 000
Financial Income	2 000	4 000	0
Financial Costs	20 000	24 000	1 000
Financial Balance	−18 000	−20 000	−1 000
Earnings Before Tax	−798 000	−610 000	−200 000
Tax	0	0	0
Net Income	−798 000	−610 000	−200 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	314 000	431 000	0
Total Current Assets	756 000	1 528 000	189 000
Total Assets	1 070 000	1 958 000	189 000
Total Retained Equity	−1 608 000	−810 000	−200 000
Total Equity	236 000	−766 000	−156 000
Total Long-Term Debt	171 000	221 000	0
Total Current Debt	663 000	2 503 000	344 000
Total Equity and Debt	1 070 000	1 958 000	189 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 878 000	7 180 000	96 000
Other Income	0	0	0
Revenue	6 878 000	7 180 000	96 000
Cost of Goods Sold	1 837 000	2 137 000	25 000
Salary Costs	2 818 000	2 558 000	0
Depreciation	143 000	87 000	0
Impairment	0	0	0
Expenditure	7 657 000	7 770 000	295 000
Operating Profit	−780 000	−590 000	−199 000
Financial Income	2 000	4 000	0
Financial Costs	20 000	24 000	1 000
Financial Balance	−18 000	−20 000	−1 000
Dividends	0	0	0
Net Income	−798 000	−610 000	−200 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	314 000	431 000	0
Total Tangible Assets	314 000	431 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	314 000	431 000	0
Stock	361 000	349 000	73 000
Total Investments	0	0	0
Cash, Bank	291 000	779 000	94 000
Total Current Assets	756 000	1 528 000	189 000
Total Assets	1 070 000	1 958 000	189 000
Total Equity	236 000	−766 000	−156 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	171 000	221 000	0
Creditors	246 000	1 288 000	66 000
Unpaid Taxes	145 000	541 000	5 000
Dividends	0	0	0
Other Current Debt	273 000	674 000	273 000
Total Current Debt	663 000	2 503 000	344 000
Total Equity and Debt	1 070 000	1 958 000	189 000

Financial indicators	2022	2021	2020
Return on Equity	−338,14 %	79,63 %	128,21 %
Debt-to-Equity Ratio	0,72	−0,29	−0
Operating Profit Margin	−11,34 %	−8,22 %	−207,29 %
Current Ratio	1,14	0,61	0,55
Quick Ratio	2,5	0,71	0,7
Equity Ratio	0,22	−0,39	−0,83
Gross Profit Margin	73,29 %	70,24 %	73,96 %