ECONTROL AS

2160 VORMSUND

Finances

Share Ownership

Return on Equity

30,63 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 000	198 000	200 000	177 000
Net Income	−193 000	−127 000	−344 000	55 000
Total Assets	262 000	127 000	172 000	169 000
Total Equity	−630 000	−437 000	−310 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 000	198 000	200 000	177 000
Expenditure	447 000	319 000	542 000	122 000
Operating Profit	−192 000	−121 000	−342 000	55 000
Financial Income	0	0	1 000	0
Financial Costs	0	5 000	3 000	0
Financial Balance	0	−5 000	−2 000	0
Earnings Before Tax	−193 000	−127 000	−344 000	55 000
Tax	0	0	0	0
Net Income	−193 000	−127 000	−344 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	262 000	127 000	172 000	169 000
Total Assets	262 000	127 000	172 000	169 000
Total Retained Equity	−1 233 000	−1 040 000	−913 000	−569 000
Total Equity	−630 000	−437 000	−310 000	34 000
Total Long-Term Debt	342 000	245 000	245 000	0
Total Current Debt	550 000	319 000	237 000	135 000
Total Equity and Debt	262 000	127 000	172 000	169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 000	198 000	200 000	177 000
Other Income	0	0	0	0
Revenue	254 000	198 000	200 000	177 000
Cost of Goods Sold	0	0	5 000	0
Salary Costs	173 000	170 000	460 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	447 000	319 000	542 000	122 000
Operating Profit	−192 000	−121 000	−342 000	55 000
Financial Income	0	0	1 000	0
Financial Costs	0	5 000	3 000	0
Financial Balance	0	−5 000	−2 000	0
Dividends	0	0	0	0
Net Income	−193 000	−127 000	−344 000	55 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	257 000	28 000	77 000	9 000
Total Current Assets	262 000	127 000	172 000	169 000
Total Assets	262 000	127 000	172 000	169 000
Total Equity	−630 000	−437 000	−310 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	342 000	245 000	245 000	0
Creditors	193 000	123 000	117 000	108 000
Unpaid Taxes	149 000	90 000	74 000	24 000
Dividends	0	0	0	0
Other Current Debt	208 000	106 000	46 000	2 000
Total Current Debt	550 000	319 000	237 000	135 000
Total Equity and Debt	262 000	127 000	172 000	169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,63 %	29,06 %	110,97 %	161,76 %
Debt-to-Equity Ratio	−0,54	−0,56	−0,79	0
Operating Profit Margin	−75,59 %	−61,11 %	−171 %	31,07 %
Current Ratio	0,48	0,4	0,73	1,25
Quick Ratio	0,48	0,4	0,73	1,25
Equity Ratio	−2,4	−3,44	−1,8	0,2
Gross Profit Margin	100 %	100 %	97,5 %	100 %