ECODE AS

0479 OSLO

Finances

Return on Equity

−84,29 %

Current Ratio

2,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	316 000	449 000	604 000	589 000
Net Income	−338 000	−158 000	−76 000	17 000
Total Assets	657 000	1 006 000	1 183 000	1 063 000
Total Equity	401 000	738 000	896 000	971 000

Income (NOK)	2022	2021	2020	2019
Revenue	316 000	449 000	604 000	589 000
Expenditure	657 000	609 000	680 000	568 000
Operating Profit	−341 000	−160 000	−76 000	21 000
Financial Income	4 000	2 000	3 000	1 000
Financial Costs	0	0	3 000	0
Financial Balance	4 000	2 000	0	1 000
Earnings Before Tax	−338 000	−158 000	−76 000	22 000
Tax	0	0	0	5 000
Net Income	−338 000	−158 000	−76 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	0	0
Total Current Assets	627 000	976 000	1 183 000	1 063 000
Total Assets	657 000	1 006 000	1 183 000	1 063 000
Total Retained Equity	201 000	538 000	696 000	771 000
Total Equity	401 000	738 000	896 000	971 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	256 000	268 000	287 000	91 000
Total Equity and Debt	657 000	1 006 000	1 183 000	1 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	316 000	449 000	604 000	589 000
Other Income	0	0	0	0
Revenue	316 000	449 000	604 000	589 000
Cost of Goods Sold	0	0	0	0
Salary Costs	563 000	563 000	611 000	421 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	657 000	609 000	680 000	568 000
Operating Profit	−341 000	−160 000	−76 000	21 000
Financial Income	4 000	2 000	3 000	1 000
Financial Costs	0	0	3 000	0
Financial Balance	4 000	2 000	0	1 000
Dividends	0	0	0	0
Net Income	−338 000	−158 000	−76 000	17 000

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	30 000	30 000	0	0
Total Fixed Assets	30 000	30 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	604 000	890 000	1 176 000	1 020 000
Total Current Assets	627 000	976 000	1 183 000	1 063 000
Total Assets	657 000	1 006 000	1 183 000	1 063 000
Total Equity	401 000	738 000	896 000	971 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	1 000	4 000
Unpaid Taxes	106 000	138 000	175 000	38 000
Dividends	0	0	0	0
Other Current Debt	150 000	130 000	111 000	44 000
Total Current Debt	256 000	268 000	287 000	91 000
Total Equity and Debt	657 000	1 006 000	1 183 000	1 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,29 %	−21,41 %	−8,48 %	1,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−107,91 %	−35,63 %	−12,58 %	3,57 %
Current Ratio	2,45	3,64	4,12	11,68
Quick Ratio	2,45	3,64	4,12	11,68
Equity Ratio	0,61	0,73	0,76	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %