ECHPRO AS

9013 TROMSØ

Finances

Return on Equity

32,83 %

Current Ratio

0,9

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2021	2020	2019	2018
Revenue	618 000	743 000	10 581 000	22 367 000
Net Income	3 600 000	−339 000	2 238 000	2 262 000
Total Assets	33 376 000	33 961 000	32 474 000	19 780 000
Total Equity	10 965 000	7 365 000	8 439 000	8 951 000

Income (NOK)	2021	2020	2019	2018
Revenue	618 000	743 000	10 581 000	22 367 000
Expenditure	1 755 000	1 241 000	1 868 000	5 724 000
Operating Profit	−1 137 000	−498 000	2 142 000	3 497 000
Financial Income	4 827 000	508 000	1 806 000	5 000
Financial Costs	375 000	551 000	1 056 000	398 000
Financial Balance	4 452 000	−43 000	750 000	−393 000
Earnings Before Tax	3 315 000	−541 000	2 892 000	3 103 000
Tax	−284 000	−201 000	654 000	841 000
Net Income	3 600 000	−339 000	2 238 000	2 262 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	28 112 000	32 324 000	32 202 000	12 426 000
Total Current Assets	5 264 000	1 637 000	272 000	7 353 000
Total Assets	33 376 000	33 961 000	32 474 000	19 780 000
Total Retained Equity	10 474 000	6 874 000	7 948 000	8 459 000
Total Equity	10 965 000	7 365 000	8 439 000	8 951 000
Total Long-Term Debt	16 581 000	23 705 000	16 865 000	5 750 000
Total Current Debt	5 831 000	2 891 000	7 170 000	5 079 000
Total Equity and Debt	33 376 000	33 961 000	32 474 000	19 780 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	10 495 000	22 367 000
Other Income	618 000	743 000	85 000	0
Revenue	618 000	743 000	10 581 000	22 367 000
Cost of Goods Sold	882 000	82 000	979 000	4 958 000
Salary Costs	9 000	7 000	3 000	0
Depreciation	178 000	170 000	57 000	0
Impairment	0	0	0	0
Expenditure	1 755 000	1 241 000	1 868 000	5 724 000
Operating Profit	−1 137 000	−498 000	2 142 000	3 497 000
Financial Income	4 827 000	508 000	1 806 000	5 000
Financial Costs	375 000	551 000	1 056 000	398 000
Financial Balance	4 452 000	−43 000	750 000	−393 000
Dividends	0	0	2 750 000	0
Net Income	3 600 000	−339 000	2 238 000	2 262 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	495 000	210 000	0	0
Real Eastate	19 372 000	19 551 000	18 847 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 372 000	19 551 000	18 847 000	0
Total Fiancial Fixed Assets	8 245 000	12 563 000	13 355 000	12 426 000
Total Fixed Assets	28 112 000	32 324 000	32 202 000	12 426 000
Stock	0	0	0	6 570 000
Total Investments	0	0	0	0
Cash, Bank	57 000	748 000	260 000	79 000
Total Current Assets	5 264 000	1 637 000	272 000	7 353 000
Total Assets	33 376 000	33 961 000	32 474 000	19 780 000
Total Equity	10 965 000	7 365 000	8 439 000	8 951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 581 000	23 705 000	16 865 000	5 750 000
Creditors	9 000	303 000	333 000	25 000
Unpaid Taxes	0	216 000	0	0
Dividends	0	0	2 750 000	0
Other Current Debt	5 168 000	1 718 000	6 838 000	4 213 000
Total Current Debt	5 831 000	2 891 000	7 170 000	5 079 000
Total Equity and Debt	33 376 000	33 961 000	32 474 000	19 780 000

Financial indicators	2021	2020	2019	2018
Return on Equity	32,83 %	−4,6 %	26,52 %	25,27 %
Debt-to-Equity Ratio	1,51	3,22	2	0,64
Operating Profit Margin	−183,98 %	−67,03 %	20,24 %	15,63 %
Current Ratio	0,9	0,57	0,04	1,45
Quick Ratio	0,9	0,57	0,04	−4,93
Equity Ratio	0,33	0,22	0,26	0,45
Gross Profit Margin	−42,72 %	88,96 %	90,75 %	77,83 %