HOW ECO AS

5212 SØFTELAND

Finances

Share Ownership

Return on Equity

−2,81 %

Current Ratio

10,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	790 000	742 000	774 000	610 000
Net Income	−294 000	−173 000	−190 000	−573 000
Total Assets	10 665 000	10 952 000	11 159 000	11 414 000
Total Equity	10 469 000	10 763 000	10 936 000	9 484 000

Income (NOK)	2022	2021	2020	2019
Revenue	790 000	742 000	774 000	610 000
Expenditure	1 096 000	921 000	981 000	1 350 000
Operating Profit	−305 000	−179 000	−207 000	−740 000
Financial Income	12 000	7 000	17 000	15 000
Financial Costs	0	0	0	0
Financial Balance	12 000	7 000	17 000	15 000
Earnings Before Tax	−294 000	−173 000	−190 000	−725 000
Tax	0	0	0	−151 000
Net Income	−294 000	−173 000	−190 000	−573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 665 000	8 665 000	8 665 000	8 665 000
Total Current Assets	2 000 000	2 287 000	2 494 000	2 749 000
Total Assets	10 665 000	10 952 000	11 159 000	11 414 000
Total Retained Equity	9 687 000	9 981 000	10 153 000	8 701 000
Total Equity	10 469 000	10 763 000	10 936 000	9 484 000
Total Long-Term Debt	0	0	0	1 642 000
Total Current Debt	196 000	189 000	223 000	288 000
Total Equity and Debt	10 665 000	10 952 000	11 159 000	11 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	334 000	328 000	469 000	296 000
Other Income	456 000	415 000	305 000	314 000
Revenue	790 000	742 000	774 000	610 000
Cost of Goods Sold	0	1 000	27 000	38 000
Salary Costs	816 000	677 000	714 000	891 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 096 000	921 000	981 000	1 350 000
Operating Profit	−305 000	−179 000	−207 000	−740 000
Financial Income	12 000	7 000	17 000	15 000
Financial Costs	0	0	0	0
Financial Balance	12 000	7 000	17 000	15 000
Dividends	0	0	0	0
Net Income	−294 000	−173 000	−190 000	−573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 665 000	8 665 000	8 665 000	8 665 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 665 000	8 665 000	8 665 000	8 665 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 665 000	8 665 000	8 665 000	8 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 979 000	2 276 000	2 489 000	2 748 000
Total Current Assets	2 000 000	2 287 000	2 494 000	2 749 000
Total Assets	10 665 000	10 952 000	11 159 000	11 414 000
Total Equity	10 469 000	10 763 000	10 936 000	9 484 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 642 000
Creditors	0	3 000	3 000	6 000
Unpaid Taxes	24 000	44 000	68 000	72 000
Dividends	0	0	0	0
Other Current Debt	172 000	142 000	152 000	211 000
Total Current Debt	196 000	189 000	223 000	288 000
Total Equity and Debt	10 665 000	10 952 000	11 159 000	11 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,81 %	−1,61 %	−1,74 %	−6,04 %
Debt-to-Equity Ratio	0	0	0	0,17
Operating Profit Margin	−38,61 %	−24,12 %	−26,74 %	−121,31 %
Current Ratio	10,2	12,1	11,18	9,55
Quick Ratio	10,2	12,1	11,18	9,55
Equity Ratio	0,98	0,98	0,98	0,83
Gross Profit Margin	100 %	99,87 %	96,51 %	93,77 %