ECHES FARVEHANDEL AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

7,29 %

Current Ratio

4,92

Debt-to-Equity Ratio

7,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 313 000	5 935 000	3 058 000	3 574 000
Net Income	214 000	1 667 000	267 000	270 000
Total Assets	24 783 000	25 607 000	24 765 000	25 101 000
Total Equity	2 935 000	2 721 000	1 206 000	939 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 313 000	5 935 000	3 058 000	3 574 000
Expenditure	2 136 000	3 363 000	2 129 000	2 551 000
Operating Profit	1 176 000	2 573 000	930 000	1 023 000
Financial Income	18 000	31 000	0	48 000
Financial Costs	749 000	472 000	587 000	737 000
Financial Balance	−731 000	−441 000	−587 000	−689 000
Earnings Before Tax	444 000	2 131 000	344 000	334 000
Tax	230 000	464 000	77 000	64 000
Net Income	214 000	1 667 000	267 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 802 000	20 327 000	21 571 000	22 233 000
Total Current Assets	4 981 000	5 279 000	3 194 000	2 869 000
Total Assets	24 783 000	25 607 000	24 765 000	25 101 000
Total Retained Equity	2 735 000	2 521 000	1 006 000	739 000
Total Equity	2 935 000	2 721 000	1 206 000	939 000
Total Long-Term Debt	20 835 000	21 706 000	22 519 000	22 940 000
Total Current Debt	1 013 000	1 180 000	1 040 000	1 222 000
Total Equity and Debt	24 783 000	25 607 000	24 765 000	25 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 267 000	3 035 000	281 000	0
Other Income	46 000	2 901 000	2 777 000	3 574 000
Revenue	3 313 000	5 935 000	3 058 000	3 574 000
Cost of Goods Sold	0	0	0	0
Salary Costs	488 000	1 255 000	470 000	769 000
Depreciation	553 000	672 000	740 000	721 000
Impairment	0	0	0	0
Expenditure	2 136 000	3 363 000	2 129 000	2 551 000
Operating Profit	1 176 000	2 573 000	930 000	1 023 000
Financial Income	18 000	31 000	0	48 000
Financial Costs	749 000	472 000	587 000	737 000
Financial Balance	−731 000	−441 000	−587 000	−689 000
Dividends	0	0	0	0
Net Income	214 000	1 667 000	267 000	270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	391 000	348 000
Real Eastate	18 854 000	19 350 000	1 335 000	1 335 000
Machinery and Plant Facilities	0	0	19 402 000	20 021 000
Fixtures	147 000	221 000	443 000	529 000
Total Tangible Assets	19 001 000	19 570 000	21 179 000	21 885 000
Total Fiancial Fixed Assets	800 000	757 000	0	0
Total Fixed Assets	19 802 000	20 327 000	21 571 000	22 233 000
Stock	0	0	0	0
Total Investments	1 058 000	1 070 000	1 046 000	1 047 000
Cash, Bank	3 811 000	4 136 000	1 288 000	837 000
Total Current Assets	4 981 000	5 279 000	3 194 000	2 869 000
Total Assets	24 783 000	25 607 000	24 765 000	25 101 000
Total Equity	2 935 000	2 721 000	1 206 000	939 000
Short-Term Group Debt	196 000	0	0	0
Total Long-Term Debt	20 835 000	21 706 000	22 519 000	22 940 000
Creditors	14 000	134 000	52 000	195 000
Unpaid Taxes	171 000	183 000	119 000	101 000
Dividends	0	0	0	0
Other Current Debt	373 000	863 000	748 000	810 000
Total Current Debt	1 013 000	1 180 000	1 040 000	1 222 000
Total Equity and Debt	24 783 000	25 607 000	24 765 000	25 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,29 %	61,26 %	22,14 %	28,75 %
Debt-to-Equity Ratio	7,1	7,98	18,67	24,43
Operating Profit Margin	35,5 %	43,35 %	30,41 %	28,62 %
Current Ratio	4,92	4,47	3,07	2,35
Quick Ratio	4,92	4,47	3,07	2,35
Equity Ratio	0,12	0,11	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %