EFICODE AS

0152 OSLO

Finances

Share Ownership

Return on Equity

−480,48 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	19 082 000	12 713 000	13 169 000	6 579 000
Net Income	−2 215 000	−2 830 000	−660 000	−1 867 000
Total Assets	9 058 000	4 237 000	3 432 000	2 333 000
Total Equity	461 000	−2 300 000	530 000	−2 538 000

Income (NOK)	2023	2022	2021	2020
Revenue	19 082 000	12 713 000	13 169 000	6 579 000
Expenditure	21 136 000	15 320 000	13 815 000	8 417 000
Operating Profit	−2 053 000	−2 606 000	−646 000	−1 838 000
Financial Income	35 000	0	51 000	18 000
Financial Costs	197 000	224 000	66 000	46 000
Financial Balance	−162 000	−224 000	−15 000	−28 000
Earnings Before Tax	−2 215 000	−2 830 000	−660 000	−1 867 000
Tax	0	0	0	0
Net Income	−2 215 000	−2 830 000	−660 000	−1 867 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	31 000	176 000	188 000	159 000
Total Current Assets	9 027 000	4 062 000	3 245 000	2 174 000
Total Assets	9 058 000	4 237 000	3 432 000	2 333 000
Total Retained Equity	−8 273 000	−6 059 000	−3 229 000	−2 568 000
Total Equity	461 000	−2 300 000	530 000	−2 538 000
Total Long-Term Debt	0	3 151 000	1 410 000	0
Total Current Debt	8 597 000	3 386 000	1 493 000	4 871 000
Total Equity and Debt	9 058 000	4 237 000	3 432 000	2 333 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	19 069 000	12 713 000	10 545 000	5 563 000
Other Income	13 000	0	2 624 000	1 016 000
Revenue	19 082 000	12 713 000	13 169 000	6 579 000
Cost of Goods Sold	11 250 000	4 588 000	4 406 000	928 000
Salary Costs	6 671 000	8 085 000	7 723 000	5 009 000
Depreciation	37 000	61 000	61 000	24 000
Impairment	0	0	0	0
Expenditure	21 136 000	15 320 000	13 815 000	8 417 000
Operating Profit	−2 053 000	−2 606 000	−646 000	−1 838 000
Financial Income	35 000	0	51 000	18 000
Financial Costs	197 000	224 000	66 000	46 000
Financial Balance	−162 000	−224 000	−15 000	−28 000
Dividends	0	0	0	0
Net Income	−2 215 000	−2 830 000	−660 000	−1 867 000

Balance details (NOK)	2023	2022	2021	2020
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	37 000	98 000	159 000
Total Tangible Assets	0	37 000	98 000	159 000
Total Fiancial Fixed Assets	31 000	139 000	90 000	0
Total Fixed Assets	31 000	176 000	188 000	159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 248 000	946 000	1 606 000	723 000
Total Current Assets	9 027 000	4 062 000	3 245 000	2 174 000
Total Assets	9 058 000	4 237 000	3 432 000	2 333 000
Total Equity	461 000	−2 300 000	530 000	−2 538 000
Short-Term Group Debt	3 592 000	1 646 000	397 000	2 366 000
Total Long-Term Debt	0	3 151 000	1 410 000	0
Creditors	3 450 000	371 000	71 000	1 152 000
Unpaid Taxes	1 164 000	899 000	618 000	652 000
Dividends	0	0	0	0
Other Current Debt	390 000	469 000	408 000	702 000
Total Current Debt	8 597 000	3 386 000	1 493 000	4 871 000
Total Equity and Debt	9 058 000	4 237 000	3 432 000	2 333 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−480,48 %	123,04 %	−124,53 %	73,56 %
Debt-to-Equity Ratio	0	−1,37	2,66	−0
Operating Profit Margin	−10,76 %	−20,5 %	−4,91 %	−27,94 %
Current Ratio	1,05	1,2	2,17	0,45
Quick Ratio	1,05	1,2	2,17	0,45
Equity Ratio	0,05	−0,54	0,15	−1,09
Gross Profit Margin	41,04 %	63,91 %	66,54 %	85,89 %