ECOARC AS

3650 TINN AUSTBYGD

Finances

Share Ownership

Return on Equity

−1,69 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 693 000	1 266 000	1 150 000	1 228 000
Net Income	6 000	28 000	−22 000	−37 000
Total Assets	1 634 000	1 358 000	1 030 000	1 130 000
Total Equity	−356 000	−363 000	−391 000	−369 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 693 000	1 266 000	1 150 000	1 228 000
Expenditure	1 687 000	1 238 000	1 172 000	1 265 000
Operating Profit	6 000	28 000	−22 000	−36 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	6 000	28 000	−22 000	−37 000
Tax	0	0	0	0
Net Income	6 000	28 000	−22 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	943 000	943 000	868 000	954 000
Total Current Assets	691 000	415 000	162 000	176 000
Total Assets	1 634 000	1 358 000	1 030 000	1 130 000
Total Retained Equity	−386 000	−393 000	−421 000	−399 000
Total Equity	−356 000	−363 000	−391 000	−369 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 990 000	1 721 000	1 421 000	1 499 000
Total Equity and Debt	1 634 000	1 358 000	1 030 000	1 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 094 000	1 216 000	1 091 000	1 228 000
Other Income	599 000	50 000	59 000	0
Revenue	1 693 000	1 266 000	1 150 000	1 228 000
Cost of Goods Sold	121 000	33 000	85 000	54 000
Salary Costs	875 000	758 000	484 000	496 000
Depreciation	88 000	110 000	110 000	84 000
Impairment	28 000	0	0	0
Expenditure	1 687 000	1 238 000	1 172 000	1 265 000
Operating Profit	6 000	28 000	−22 000	−36 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	6 000	28 000	−22 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	186 000	0	512 000
Machinery and Plant Facilities	4 000	52 000	84 000	116 000
Fixtures	939 000	705 000	784 000	326 000
Total Tangible Assets	943 000	943 000	868 000	954 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	943 000	943 000	868 000	954 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	429 000	344 000	114 000	140 000
Total Current Assets	691 000	415 000	162 000	176 000
Total Assets	1 634 000	1 358 000	1 030 000	1 130 000
Total Equity	−356 000	−363 000	−391 000	−369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	1 000	−15 000	18 000
Unpaid Taxes	27 000	25 000	27 000	13 000
Dividends	0	0	0	0
Other Current Debt	1 907 000	1 695 000	1 409 000	1 468 000
Total Current Debt	1 990 000	1 721 000	1 421 000	1 499 000
Total Equity and Debt	1 634 000	1 358 000	1 030 000	1 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,69 %	−7,71 %	5,63 %	10,03 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	0,35 %	2,21 %	−1,91 %	−2,93 %
Current Ratio	0,35	0,24	0,11	0,12
Quick Ratio	0,35	0,24	0,11	0,12
Equity Ratio	−0,22	−0,27	−0,38	−0,33
Gross Profit Margin	92,85 %	97,39 %	92,61 %	95,6 %