ECOM AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

39,89 %

Current Ratio

1,2

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 492 000	598 000	0	25 000
Net Income	71 000	207 000	−20 000	8 000
Total Assets	1 045 000	370 000	8 000	31 000
Total Equity	178 000	107 000	−100 000	−80 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 492 000	598 000	0	25 000
Expenditure	2 393 000	348 000	20 000	8 000
Operating Profit	98 000	250 000	−20 000	17 000
Financial Income	2 000	1 000	0	0
Financial Costs	9 000	25 000	0	9 000
Financial Balance	−7 000	−24 000	0	−9 000
Earnings Before Tax	91 000	226 000	−20 000	8 000
Tax	20 000	19 000	0	0
Net Income	71 000	207 000	−20 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	50 000	0	15 000
Total Current Assets	776 000	320 000	8 000	16 000
Total Assets	1 045 000	370 000	8 000	31 000
Total Retained Equity	154 000	83 000	−124 000	−105 000
Total Equity	178 000	107 000	−100 000	−80 000
Total Long-Term Debt	223 000	0	0	0
Total Current Debt	645 000	263 000	108 000	111 000
Total Equity and Debt	1 045 000	370 000	8 000	31 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 492 000	598 000	0	0
Other Income	0	0	0	25 000
Revenue	2 492 000	598 000	0	25 000
Cost of Goods Sold	962 000	265 000	0	0
Salary Costs	1 154 000	4 000	0	0
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 393 000	348 000	20 000	8 000
Operating Profit	98 000	250 000	−20 000	17 000
Financial Income	2 000	1 000	0	0
Financial Costs	9 000	25 000	0	9 000
Financial Balance	−7 000	−24 000	0	−9 000
Dividends	0	0	0	0
Net Income	71 000	207 000	−20 000	8 000

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	270 000	0	0	0
Total Tangible Assets	270 000	0	0	0
Total Fiancial Fixed Assets	0	50 000	0	15 000
Total Fixed Assets	270 000	50 000	0	15 000
Stock	50 000	12 000	0	0
Total Investments	0	0	0	0
Cash, Bank	388 000	80 000	0	0
Total Current Assets	776 000	320 000	8 000	16 000
Total Assets	1 045 000	370 000	8 000	31 000
Total Equity	178 000	107 000	−100 000	−80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	223 000	0	0	0
Creditors	103 000	64 000	6 000	47 000
Unpaid Taxes	204 000	26 000	34 000	6 000
Dividends	0	0	0	0
Other Current Debt	326 000	155 000	68 000	58 000
Total Current Debt	645 000	263 000	108 000	111 000
Total Equity and Debt	1 045 000	370 000	8 000	31 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,89 %	193,46 %	20 %	−10 %
Debt-to-Equity Ratio	1,25	0	−0	−0
Operating Profit Margin	3,93 %	41,81 %	-	68 %
Current Ratio	1,2	1,22	0,07	0,14
Quick Ratio	1,3	1,27	0,07	0,14
Equity Ratio	0,17	0,29	−12,5	−2,58
Gross Profit Margin	61,4 %	55,69 %	-	100 %