ECOCAR AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

8,72 %

Current Ratio

3,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 713 000	124 262 000	67 519 000	42 844 000
Net Income	1 604 000	4 826 000	1 911 000	424 000
Total Assets	24 915 000	24 462 000	17 686 000	13 157 000
Total Equity	18 396 000	16 792 000	11 966 000	10 055 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 713 000	124 262 000	67 519 000	42 844 000
Expenditure	85 536 000	118 136 000	65 038 000	42 304 000
Operating Profit	2 177 000	6 126 000	2 481 000	540 000
Financial Income	183 000	88 000	3 000	3 000
Financial Costs	79 000	31 000	1 000	0
Financial Balance	104 000	57 000	2 000	3 000
Earnings Before Tax	2 282 000	6 183 000	2 483 000	543 000
Tax	678 000	1 357 000	572 000	119 000
Net Income	1 604 000	4 826 000	1 911 000	424 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	999 000	1 509 000	1 430 000	445 000
Total Current Assets	23 917 000	22 953 000	16 256 000	12 712 000
Total Assets	24 915 000	24 462 000	17 686 000	13 157 000
Total Retained Equity	17 196 000	15 592 000	10 766 000	8 855 000
Total Equity	18 396 000	16 792 000	11 966 000	10 055 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 520 000	7 670 000	5 720 000	3 102 000
Total Equity and Debt	24 915 000	24 462 000	17 686 000	13 157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 447 000	124 168 000	67 500 000	42 844 000
Other Income	267 000	94 000	20 000	0
Revenue	87 713 000	124 262 000	67 519 000	42 844 000
Cost of Goods Sold	80 581 000	113 883 000	62 322 000	39 660 000
Salary Costs	2 264 000	2 835 000	1 490 000	1 398 000
Depreciation	0	16 000	0	0
Impairment	0	0	0	0
Expenditure	85 536 000	118 136 000	65 038 000	42 304 000
Operating Profit	2 177 000	6 126 000	2 481 000	540 000
Financial Income	183 000	88 000	3 000	3 000
Financial Costs	79 000	31 000	1 000	0
Financial Balance	104 000	57 000	2 000	3 000
Dividends	0	0	0	0
Net Income	1 604 000	4 826 000	1 911 000	424 000

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	999 000	1 509 000	1 430 000	445 000
Total Fixed Assets	999 000	1 509 000	1 430 000	445 000
Stock	13 124 000	9 172 000	8 394 000	7 029 000
Total Investments	0	0	0	0
Cash, Bank	10 200 000	9 239 000	3 575 000	5 570 000
Total Current Assets	23 917 000	22 953 000	16 256 000	12 712 000
Total Assets	24 915 000	24 462 000	17 686 000	13 157 000
Total Equity	18 396 000	16 792 000	11 966 000	10 055 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 095 000	218 000	241 000	81 000
Unpaid Taxes	0	0	−84 000	−84 000
Dividends	0	0	0	0
Other Current Debt	4 746 000	6 095 000	4 992 000	2 985 000
Total Current Debt	6 520 000	7 670 000	5 720 000	3 102 000
Total Equity and Debt	24 915 000	24 462 000	17 686 000	13 157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,72 %	28,74 %	15,97 %	4,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,48 %	4,93 %	3,67 %	1,26 %
Current Ratio	3,67	2,99	2,84	4,1
Quick Ratio	−3,62	−15,28	−6,08	−3,24
Equity Ratio	0,74	0,69	0,68	0,76
Gross Profit Margin	8,13 %	8,35 %	7,7 %	7,43 %