ECCO (NORWAY) AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

63,5 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	194 405 000	35 135 000	27 865 000	24 713 000
Net Income	3 128 000	373 000	361 000	401 000
Total Assets	255 283 000	17 828 000	18 162 000	7 653 000
Total Equity	4 926 000	1 798 000	1 425 000	1 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	194 405 000	35 135 000	27 865 000	24 713 000
Expenditure	191 739 000	34 609 000	27 402 000	24 254 000
Operating Profit	2 666 000	526 000	463 000	459 000
Financial Income	2 396 000	0	25 000	61 000
Financial Costs	91 000	22 000	25 000	5 000
Financial Balance	2 305 000	−22 000	0	56 000
Earnings Before Tax	4 970 000	504 000	463 000	515 000
Tax	1 843 000	130 000	102 000	114 000
Net Income	3 128 000	373 000	361 000	401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 329 000	1 867 000	2 456 000	407 000
Total Current Assets	252 953 000	15 960 000	15 706 000	7 246 000
Total Assets	255 283 000	17 828 000	18 162 000	7 653 000
Total Retained Equity	4 896 000	1 768 000	1 395 000	1 034 000
Total Equity	4 926 000	1 798 000	1 425 000	1 064 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	250 357 000	16 030 000	16 737 000	6 589 000
Total Equity and Debt	255 283 000	17 828 000	18 162 000	7 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	194 240 000	35 135 000	27 865 000	24 713 000
Other Income	166 000	0	0	0
Revenue	194 405 000	35 135 000	27 865 000	24 713 000
Cost of Goods Sold	166 957 000	23 797 000	18 183 000	15 259 000
Salary Costs	11 687 000	5 216 000	4 490 000	4 791 000
Depreciation	1 116 000	666 000	410 000	385 000
Impairment	0	0	0	0
Expenditure	191 739 000	34 609 000	27 402 000	24 254 000
Operating Profit	2 666 000	526 000	463 000	459 000
Financial Income	2 396 000	0	25 000	61 000
Financial Costs	91 000	22 000	25 000	5 000
Financial Balance	2 305 000	−22 000	0	56 000
Dividends	0	0	0	0
Net Income	3 128 000	373 000	361 000	401 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	263 000	122 000	73 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 859 000	1 745 000	2 383 000	390 000
Total Tangible Assets	1 859 000	1 745 000	2 383 000	390 000
Total Fiancial Fixed Assets	207 000	0	0	0
Total Fixed Assets	2 329 000	1 867 000	2 456 000	407 000
Stock	3 252 000	4 215 000	5 176 000	3 857 000
Total Investments	0	0	0	0
Cash, Bank	814 000	568 000	988 000	926 000
Total Current Assets	252 953 000	15 960 000	15 706 000	7 246 000
Total Assets	255 283 000	17 828 000	18 162 000	7 653 000
Total Equity	4 926 000	1 798 000	1 425 000	1 064 000
Short-Term Group Debt	56 475 000	1 948 000	1 854 000	2 318 000
Total Long-Term Debt	0	0	0	0
Creditors	172 702 000	10 084 000	11 165 000	1 285 000
Unpaid Taxes	16 802 000	2 009 000	1 889 000	1 762 000
Dividends	0	0	0	0
Other Current Debt	3 132 000	1 808 000	1 672 000	1 071 000
Total Current Debt	250 357 000	16 030 000	16 737 000	6 589 000
Total Equity and Debt	255 283 000	17 828 000	18 162 000	7 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,5 %	20,75 %	25,33 %	37,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,37 %	1,5 %	1,66 %	1,86 %
Current Ratio	1,01	1	0,94	1,1
Quick Ratio	1,02	1,35	1,36	2,65
Equity Ratio	0,02	0,1	0,08	0,14
Gross Profit Margin	14,12 %	32,27 %	34,75 %	38,26 %