ECO FINANS AS

0667 OSLO

Finances

Return on Equity

3,53 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 360 000	8 694 000	6 720 000	5 012 000
Net Income	39 000	370 000	296 000	167 000
Total Assets	2 882 000	2 747 000	1 740 000	1 000 000
Total Equity	1 105 000	1 066 000	696 000	400 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 360 000	8 694 000	6 720 000	5 012 000
Expenditure	10 352 000	8 279 000	6 331 000	4 797 000
Operating Profit	7 000	415 000	388 000	214 000
Financial Income	43 000	62 000	5 000	3 000
Financial Costs	0	3 000	13 000	0
Financial Balance	43 000	59 000	−8 000	3 000
Earnings Before Tax	51 000	475 000	380 000	217 000
Tax	12 000	105 000	84 000	50 000
Net Income	39 000	370 000	296 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	89 000	89 000	89 000
Total Current Assets	2 737 000	2 658 000	1 650 000	910 000
Total Assets	2 882 000	2 747 000	1 740 000	1 000 000
Total Retained Equity	1 075 000	1 036 000	666 000	370 000
Total Equity	1 105 000	1 066 000	696 000	400 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 777 000	1 681 000	1 044 000	600 000
Total Equity and Debt	2 882 000	2 747 000	1 740 000	1 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 330 000	8 658 000	6 714 000	5 012 000
Other Income	30 000	36 000	5 000	0
Revenue	10 360 000	8 694 000	6 720 000	5 012 000
Cost of Goods Sold	0	148 000	892 000	680 000
Salary Costs	5 740 000	4 420 000	3 282 000	2 349 000
Depreciation	18 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 352 000	8 279 000	6 331 000	4 797 000
Operating Profit	7 000	415 000	388 000	214 000
Financial Income	43 000	62 000	5 000	3 000
Financial Costs	0	3 000	13 000	0
Financial Balance	43 000	59 000	−8 000	3 000
Dividends	0	0	0	0
Net Income	39 000	370 000	296 000	167 000

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	55 000	0	0	0
Total Tangible Assets	55 000	0	0	0
Total Fiancial Fixed Assets	90 000	89 000	89 000	89 000
Total Fixed Assets	145 000	89 000	89 000	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	858 000	591 000	161 000	298 000
Total Current Assets	2 737 000	2 658 000	1 650 000	910 000
Total Assets	2 882 000	2 747 000	1 740 000	1 000 000
Total Equity	1 105 000	1 066 000	696 000	400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	353 000	612 000	345 000	56 000
Unpaid Taxes	473 000	500 000	284 000	304 000
Dividends	0	0	0	0
Other Current Debt	939 000	464 000	332 000	190 000
Total Current Debt	1 777 000	1 681 000	1 044 000	600 000
Total Equity and Debt	2 882 000	2 747 000	1 740 000	1 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,53 %	34,71 %	42,53 %	41,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,07 %	4,77 %	5,77 %	4,27 %
Current Ratio	1,54	1,58	1,58	1,52
Quick Ratio	1,54	1,58	1,58	1,52
Equity Ratio	0,38	0,39	0,4	0,4
Gross Profit Margin	100 %	98,3 %	86,73 %	86,43 %