ECONDO AS

2940 HEGGENES

Finances

Share Ownership

Return on Equity

97,75 %

Current Ratio

4,69

Debt-to-Equity Ratio

−13,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 255 000	28 755 000	22 034 000	22 251 000
Net Income	−783 000	−55 000	246 000	−49 000
Total Assets	12 403 000	11 043 000	6 949 000	5 080 000
Total Equity	−801 000	−18 000	37 000	−209 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 255 000	28 755 000	22 034 000	22 251 000
Expenditure	56 190 000	28 572 000	21 497 000	22 043 000
Operating Profit	−935 000	182 000	538 000	209 000
Financial Income	377 000	283 000	185 000	108 000
Financial Costs	446 000	536 000	408 000	380 000
Financial Balance	−69 000	−253 000	−223 000	−272 000
Earnings Before Tax	−1 004 000	−71 000	315 000	−63 000
Tax	−221 000	−16 000	69 000	−14 000
Net Income	−783 000	−55 000	246 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	1 203 000	3 659 000	3 630 000
Total Current Assets	12 128 000	9 840 000	3 290 000	1 450 000
Total Assets	12 403 000	11 043 000	6 949 000	5 080 000
Total Retained Equity	−831 000	−48 000	7 000	−239 000
Total Equity	−801 000	−18 000	37 000	−209 000
Total Long-Term Debt	10 618 000	5 118 000	4 866 000	4 635 000
Total Current Debt	2 586 000	5 944 000	2 045 000	655 000
Total Equity and Debt	12 403 000	11 043 000	6 949 000	5 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 255 000	28 755 000	22 034 000	22 251 000
Other Income	0	0	0	0
Revenue	55 255 000	28 755 000	22 034 000	22 251 000
Cost of Goods Sold	53 543 000	27 819 000	21 202 000	21 832 000
Salary Costs	0	0	0	2 000
Depreciation	122 000	0	0	0
Impairment	0	0	0	0
Expenditure	56 190 000	28 572 000	21 497 000	22 043 000
Operating Profit	−935 000	182 000	538 000	209 000
Financial Income	377 000	283 000	185 000	108 000
Financial Costs	446 000	536 000	408 000	380 000
Financial Balance	−69 000	−253 000	−223 000	−272 000
Dividends	0	0	0	0
Net Income	−783 000	−55 000	246 000	−49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	242 000	21 000	6 000	67 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	32 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 000	0	0	0
Total Fiancial Fixed Assets	0	1 182 000	3 653 000	3 563 000
Total Fixed Assets	275 000	1 203 000	3 659 000	3 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 919 000	5 497 000	2 146 000	950 000
Total Current Assets	12 128 000	9 840 000	3 290 000	1 450 000
Total Assets	12 403 000	11 043 000	6 949 000	5 080 000
Total Equity	−801 000	−18 000	37 000	−209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 618 000	5 118 000	4 866 000	4 635 000
Creditors	780 000	2 454 000	1 718 000	98 000
Unpaid Taxes	1 780 000	1 978 000	320 000	529 000
Dividends	0	0	0	0
Other Current Debt	27 000	1 512 000	0	28 000
Total Current Debt	2 586 000	5 944 000	2 045 000	655 000
Total Equity and Debt	12 403 000	11 043 000	6 949 000	5 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,75 %	305,56 %	664,86 %	23,44 %
Debt-to-Equity Ratio	−13,26	−284,33	131,51	−22,18
Operating Profit Margin	−1,69 %	0,63 %	2,44 %	0,94 %
Current Ratio	4,69	1,66	1,61	2,21
Quick Ratio	4,69	1,66	1,61	2,21
Equity Ratio	−0,06	−0	0,01	−0,04
Gross Profit Margin	3,1 %	3,26 %	3,78 %	1,88 %