E-SEC AS

2054 MOGREINA

Finances

Share Ownership

Return on Equity

−85,87 %

Current Ratio

2,5

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 355 000	2 035 000	2 055 000	1 673 000
Net Income	−389 000	378 000	248 000	−348 000
Total Assets	900 000	1 607 000	792 000	500 000
Total Equity	453 000	842 000	464 000	132 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 355 000	2 035 000	2 055 000	1 673 000
Expenditure	1 737 000	1 471 000	1 805 000	2 019 000
Operating Profit	−382 000	564 000	250 000	−346 000
Financial Income	0	0	0	0
Financial Costs	7 000	6 000	1 000	3 000
Financial Balance	−7 000	−6 000	−1 000	−3 000
Earnings Before Tax	−389 000	559 000	248 000	−348 000
Tax	0	181 000	0	0
Net Income	−389 000	378 000	248 000	−348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	276 000	324 000	20 000	86 000
Total Current Assets	624 000	1 283 000	772 000	414 000
Total Assets	900 000	1 607 000	792 000	500 000
Total Retained Equity	348 000	737 000	359 000	27 000
Total Equity	453 000	842 000	464 000	132 000
Total Long-Term Debt	197 000	307 000	0	0
Total Current Debt	250 000	458 000	327 000	368 000
Total Equity and Debt	900 000	1 607 000	792 000	500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 282 000	2 035 000	2 055 000	1 673 000
Other Income	73 000	0	0	0
Revenue	1 355 000	2 035 000	2 055 000	1 673 000
Cost of Goods Sold	0	0	0	20 000
Salary Costs	1 284 000	1 058 000	1 184 000	1 684 000
Depreciation	69 000	26 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	1 737 000	1 471 000	1 805 000	2 019 000
Operating Profit	−382 000	564 000	250 000	−346 000
Financial Income	0	0	0	0
Financial Costs	7 000	6 000	1 000	3 000
Financial Balance	−7 000	−6 000	−1 000	−3 000
Dividends	0	0	0	73 000
Net Income	−389 000	378 000	248 000	−348 000

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	13 000	0	0	0
Fixtures	263 000	324 000	20 000	86 000
Total Tangible Assets	276 000	324 000	20 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	276 000	324 000	20 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	475 000	1 071 000	531 000	160 000
Total Current Assets	624 000	1 283 000	772 000	414 000
Total Assets	900 000	1 607 000	792 000	500 000
Total Equity	453 000	842 000	464 000	132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	197 000	307 000	0	0
Creditors	51 000	48 000	39 000	9 000
Unpaid Taxes	94 000	140 000	148 000	208 000
Dividends	0	0	0	73 000
Other Current Debt	106 000	88 000	140 000	77 000
Total Current Debt	250 000	458 000	327 000	368 000
Total Equity and Debt	900 000	1 607 000	792 000	500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−85,87 %	44,89 %	53,45 %	−263,64 %
Debt-to-Equity Ratio	0,43	0,36	0	0
Operating Profit Margin	−28,19 %	27,71 %	12,17 %	−20,68 %
Current Ratio	2,5	2,8	2,36	1,13
Quick Ratio	2,5	2,8	2,36	1,13
Equity Ratio	0,5	0,52	0,59	0,26
Gross Profit Margin	100 %	100 %	100 %	98,8 %