ENERGY CONTROL HOLDING AS

5068 BERGEN

Finances

Return on Equity

−87,7 %

Current Ratio

9,18

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 103 000	7 749 000	6 267 000	5 274 000
Net Income	−1 797 000	2 409 000	1 023 000	461 000
Total Assets	4 022 000	5 631 000	3 083 000	1 611 000
Total Equity	2 049 000	3 846 000	1 436 000	481 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 103 000	7 749 000	6 267 000	5 274 000
Expenditure	511 000	7 498 000	4 969 000	4 681 000
Operating Profit	1 592 000	252 000	1 298 000	593 000
Financial Income	29 000	2 277 000	21 000	1 000
Financial Costs	3 067 000	61 000	6 000	0
Financial Balance	−3 038 000	2 216 000	15 000	1 000
Earnings Before Tax	−1 447 000	2 467 000	1 312 000	594 000
Tax	350 000	58 000	289 000	132 000
Net Income	−1 797 000	2 409 000	1 023 000	461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	174 000	272 000	1 262 000	784 000
Total Current Assets	3 848 000	5 358 000	1 820 000	827 000
Total Assets	4 022 000	5 631 000	3 083 000	1 611 000
Total Retained Equity	1 869 000	3 666 000	1 256 000	301 000
Total Equity	2 049 000	3 846 000	1 436 000	481 000
Total Long-Term Debt	1 554 000	826 000	759 000	119 000
Total Current Debt	419 000	959 000	887 000	1 011 000
Total Equity and Debt	4 022 000	5 631 000	3 083 000	1 611 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 727 000	6 996 000	6 056 000	4 967 000
Other Income	376 000	753 000	211 000	306 000
Revenue	2 103 000	7 749 000	6 267 000	5 274 000
Cost of Goods Sold	41 000	4 180 000	2 262 000	1 761 000
Salary Costs	64 000	1 160 000	312 000	1 176 000
Depreciation	19 000	8 000	5 000	10 000
Impairment	0	0	0	0
Expenditure	511 000	7 498 000	4 969 000	4 681 000
Operating Profit	1 592 000	252 000	1 298 000	593 000
Financial Income	29 000	2 277 000	21 000	1 000
Financial Costs	3 067 000	61 000	6 000	0
Financial Balance	−3 038 000	2 216 000	15 000	1 000
Dividends	0	0	0	0
Net Income	−1 797 000	2 409 000	1 023 000	461 000

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	68 000	87 000	19 000	24 000
Total Tangible Assets	68 000	87 000	19 000	24 000
Total Fiancial Fixed Assets	106 000	185 000	1 243 000	760 000
Total Fixed Assets	174 000	272 000	1 262 000	784 000
Stock	0	0	0	0
Total Investments	3 490 000	4 647 000	0	0
Cash, Bank	288 000	508 000	1 340 000	352 000
Total Current Assets	3 848 000	5 358 000	1 820 000	827 000
Total Assets	4 022 000	5 631 000	3 083 000	1 611 000
Total Equity	2 049 000	3 846 000	1 436 000	481 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 554 000	826 000	759 000	119 000
Creditors	0	492 000	403 000	118 000
Unpaid Taxes	0	113 000	136 000	63 000
Dividends	0	0	0	0
Other Current Debt	69 000	301 000	59 000	762 000
Total Current Debt	419 000	959 000	887 000	1 011 000
Total Equity and Debt	4 022 000	5 631 000	3 083 000	1 611 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,7 %	62,64 %	71,24 %	95,84 %
Debt-to-Equity Ratio	0,76	0,21	0,53	0,25
Operating Profit Margin	75,7 %	3,25 %	20,71 %	11,24 %
Current Ratio	9,18	5,59	2,05	0,82
Quick Ratio	9,18	5,59	2,05	0,82
Equity Ratio	0,51	0,68	0,47	0,3
Gross Profit Margin	98,05 %	46,06 %	63,91 %	66,61 %