ECOMAR AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

30,77 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 000	511 000	230 000	27 000
Net Income	8 000	−12 000	2 000	3 000
Total Assets	116 000	450 000	370 000	66 000
Total Equity	26 000	18 000	30 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 000	511 000	230 000	27 000
Expenditure	59 000	508 000	236 000	24 000
Operating Profit	2 000	3 000	−6 000	3 000
Financial Income	10 000	0	8 000	0
Financial Costs	4 000	15 000	0	0
Financial Balance	6 000	−15 000	8 000	0
Earnings Before Tax	8 000	−12 000	2 000	3 000
Tax	0	0	0	0
Net Income	8 000	−12 000	2 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	116 000	450 000	370 000	66 000
Total Assets	116 000	450 000	370 000	66 000
Total Retained Equity	−4 000	−12 000	0	−2 000
Total Equity	26 000	18 000	30 000	28 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	90 000	433 000	339 000	39 000
Total Equity and Debt	116 000	450 000	370 000	66 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 000	84 000	50 000	27 000
Other Income	0	427 000	180 000	0
Revenue	62 000	511 000	230 000	27 000
Cost of Goods Sold	42 000	17 000	14 000	19 000
Salary Costs	0	218 000	192 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	508 000	236 000	24 000
Operating Profit	2 000	3 000	−6 000	3 000
Financial Income	10 000	0	8 000	0
Financial Costs	4 000	15 000	0	0
Financial Balance	6 000	−15 000	8 000	0
Dividends	0	0	0	0
Net Income	8 000	−12 000	2 000	3 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	428 000	368 000	63 000
Total Current Assets	116 000	450 000	370 000	66 000
Total Assets	116 000	450 000	370 000	66 000
Total Equity	26 000	18 000	30 000	28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	24 000	1 000	39 000
Unpaid Taxes	0	46 000	21 000	0
Dividends	0	0	0	0
Other Current Debt	89 000	362 000	318 000	0
Total Current Debt	90 000	433 000	339 000	39 000
Total Equity and Debt	116 000	450 000	370 000	66 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,77 %	−66,67 %	6,67 %	10,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,23 %	0,59 %	−2,61 %	11,11 %
Current Ratio	1,29	1,04	1,09	1,69
Quick Ratio	1,29	1,04	1,09	1,69
Equity Ratio	0,22	0,04	0,08	0,42
Gross Profit Margin	32,26 %	96,67 %	93,91 %	29,63 %