EKELAND SERVICE MEKANISK VERKSTED AS

0572 OSLO

Finances

Share Ownership

Return on Equity

−3,3 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 975 000	9 245 000	6 480 000	3 946 000
Net Income	−82 000	1 932 000	966 000	20 000
Total Assets	3 688 000	4 338 000	3 077 000	2 085 000
Total Equity	2 482 000	2 564 000	2 132 000	1 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 975 000	9 245 000	6 480 000	3 946 000
Expenditure	5 080 000	6 769 000	5 243 000	3 922 000
Operating Profit	−106 000	2 476 000	1 238 000	24 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	2 000	2 000
Earnings Before Tax	−105 000	2 477 000	1 240 000	26 000
Tax	−23 000	545 000	274 000	6 000
Net Income	−82 000	1 932 000	966 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	121 000	327 000	17 000
Total Current Assets	3 660 000	4 217 000	2 749 000	2 069 000
Total Assets	3 688 000	4 338 000	3 077 000	2 085 000
Total Retained Equity	2 452 000	2 534 000	2 102 000	1 136 000
Total Equity	2 482 000	2 564 000	2 132 000	1 166 000
Total Long-Term Debt	0	23 000	13 000	12 000
Total Current Debt	1 205 000	1 751 000	931 000	907 000
Total Equity and Debt	3 688 000	4 338 000	3 077 000	2 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 975 000	9 158 000	6 480 000	3 946 000
Other Income	0	87 000	0	0
Revenue	4 975 000	9 245 000	6 480 000	3 946 000
Cost of Goods Sold	2 295 000	4 321 000	3 692 000	1 856 000
Salary Costs	1 943 000	1 852 000	966 000	1 475 000
Depreciation	10 000	17 000	82 000	4 000
Impairment	0	0	0	0
Expenditure	5 080 000	6 769 000	5 243 000	3 922 000
Operating Profit	−106 000	2 476 000	1 238 000	24 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	2 000	2 000
Dividends	0	0	0	0
Net Income	−82 000	1 932 000	966 000	20 000

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	28 000	38 000	327 000	17 000
Total Tangible Assets	28 000	38 000	327 000	17 000
Total Fiancial Fixed Assets	0	83 000	0	0
Total Fixed Assets	28 000	121 000	327 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 660 000	3 484 000	2 612 000	1 457 000
Total Current Assets	3 660 000	4 217 000	2 749 000	2 069 000
Total Assets	3 688 000	4 338 000	3 077 000	2 085 000
Total Equity	2 482 000	2 564 000	2 132 000	1 166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	23 000	13 000	12 000
Creditors	410 000	219 000	66 000	246 000
Unpaid Taxes	499 000	516 000	379 000	514 000
Dividends	0	0	0	0
Other Current Debt	296 000	481 000	214 000	138 000
Total Current Debt	1 205 000	1 751 000	931 000	907 000
Total Equity and Debt	3 688 000	4 338 000	3 077 000	2 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,3 %	75,35 %	45,31 %	1,72 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	−2,13 %	26,78 %	19,1 %	0,61 %
Current Ratio	3,04	2,41	2,95	2,28
Quick Ratio	3,04	2,41	2,95	2,28
Equity Ratio	0,67	0,59	0,69	0,56
Gross Profit Margin	53,87 %	53,26 %	43,02 %	52,97 %