ECON OCEAN AS

8313 KLEPPSTAD

Finances

Share Ownership

Return on Equity

39,66 %

Current Ratio

0,58

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 309 000	1 803 000	1 790 000	1 381 000
Net Income	115 000	407 000	144 000	7 000
Total Assets	842 000	1 412 000	981 000	263 000
Total Equity	290 000	268 000	161 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 309 000	1 803 000	1 790 000	1 381 000
Expenditure	1 057 000	1 232 000	1 592 000	1 366 000
Operating Profit	252 000	571 000	199 000	15 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	105 000	48 000	23 000	9 000
Financial Balance	−104 000	−48 000	−21 000	−8 000
Earnings Before Tax	148 000	522 000	179 000	7 000
Tax	32 000	115 000	35 000	0
Net Income	115 000	407 000	144 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	524 000	752 000	741 000	0
Total Current Assets	318 000	660 000	240 000	263 000
Total Assets	842 000	1 412 000	981 000	263 000
Total Retained Equity	260 000	238 000	131 000	−13 000
Total Equity	290 000	268 000	161 000	17 000
Total Long-Term Debt	7 000	157 000	178 000	0
Total Current Debt	545 000	987 000	643 000	247 000
Total Equity and Debt	842 000	1 412 000	981 000	263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 309 000	1 803 000	1 790 000	1 381 000
Other Income	0	0	0	0
Revenue	1 309 000	1 803 000	1 790 000	1 381 000
Cost of Goods Sold	0	0	0	0
Salary Costs	475 000	765 000	1 152 000	894 000
Depreciation	16 000	48 000	14 000	0
Impairment	0	0	0	0
Expenditure	1 057 000	1 232 000	1 592 000	1 366 000
Operating Profit	252 000	571 000	199 000	15 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	105 000	48 000	23 000	9 000
Financial Balance	−104 000	−48 000	−21 000	−8 000
Dividends	93 000	300 000	0	0
Net Income	115 000	407 000	144 000	7 000

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	61 000	231 000	196 000	0
Total Tangible Assets	61 000	231 000	196 000	0
Total Fiancial Fixed Assets	463 000	521 000	545 000	0
Total Fixed Assets	524 000	752 000	741 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	18 000	30 000	20 000
Total Current Assets	318 000	660 000	240 000	263 000
Total Assets	842 000	1 412 000	981 000	263 000
Total Equity	290 000	268 000	161 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	157 000	178 000	0
Creditors	146 000	56 000	197 000	49 000
Unpaid Taxes	95 000	222 000	38 000	94 000
Dividends	93 000	300 000	0	0
Other Current Debt	62 000	222 000	310 000	104 000
Total Current Debt	545 000	987 000	643 000	247 000
Total Equity and Debt	842 000	1 412 000	981 000	263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,66 %	151,87 %	89,44 %	41,18 %
Debt-to-Equity Ratio	0,02	0,59	1,11	0
Operating Profit Margin	19,25 %	31,67 %	11,12 %	1,09 %
Current Ratio	0,58	0,67	0,37	1,06
Quick Ratio	0,58	0,67	0,37	1,06
Equity Ratio	0,34	0,19	0,16	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %