ECO CULT AS

0262 OSLO

Finances

Share Ownership

Return on Equity

58,1 %

Current Ratio

0,85

Debt-to-Equity Ratio

−1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 210 000	8 731 000	9 426 000	9 663 000
Net Income	−764 000	604 000	155 000	−92 000
Total Assets	1 533 000	2 367 000	2 510 000	1 404 000
Total Equity	−1 315 000	−551 000	−1 155 000	−1 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 210 000	8 731 000	9 426 000	9 663 000
Expenditure	8 963 000	8 097 000	9 254 000	9 752 000
Operating Profit	−753 000	633 000	171 000	−89 000
Financial Income	12 000	12 000	7 000	3 000
Financial Costs	23 000	41 000	24 000	6 000
Financial Balance	−11 000	−29 000	−17 000	−3 000
Earnings Before Tax	−764 000	604 000	155 000	−92 000
Tax	0	0	0	0
Net Income	−764 000	604 000	155 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	404 000	35 000	49 000
Total Current Assets	1 226 000	1 964 000	2 475 000	1 355 000
Total Assets	1 533 000	2 367 000	2 510 000	1 404 000
Total Retained Equity	−1 415 000	−651 000	−1 255 000	−1 410 000
Total Equity	−1 315 000	−551 000	−1 155 000	−1 310 000
Total Long-Term Debt	1 413 000	1 713 000	1 713 000	1 713 000
Total Current Debt	1 435 000	1 205 000	1 952 000	1 001 000
Total Equity and Debt	1 533 000	2 367 000	2 510 000	1 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 210 000	8 727 000	9 267 000	9 374 000
Other Income	0	4 000	159 000	289 000
Revenue	8 210 000	8 731 000	9 426 000	9 663 000
Cost of Goods Sold	4 435 000	4 011 000	4 909 000	4 857 000
Salary Costs	1 935 000	2 129 000	2 452 000	2 521 000
Depreciation	82 000	42 000	14 000	14 000
Impairment	14 000	0	0	0
Expenditure	8 963 000	8 097 000	9 254 000	9 752 000
Operating Profit	−753 000	633 000	171 000	−89 000
Financial Income	12 000	12 000	7 000	3 000
Financial Costs	23 000	41 000	24 000	6 000
Financial Balance	−11 000	−29 000	−17 000	−3 000
Dividends	0	0	0	0
Net Income	−764 000	604 000	155 000	−92 000

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	307 000	404 000	35 000	49 000
Total Tangible Assets	307 000	404 000	35 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	307 000	404 000	35 000	49 000
Stock	414 000	484 000	461 000	659 000
Total Investments	0	0	0	0
Cash, Bank	703 000	483 000	763 000	589 000
Total Current Assets	1 226 000	1 964 000	2 475 000	1 355 000
Total Assets	1 533 000	2 367 000	2 510 000	1 404 000
Total Equity	−1 315 000	−551 000	−1 155 000	−1 310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 413 000	1 713 000	1 713 000	1 713 000
Creditors	703 000	528 000	978 000	269 000
Unpaid Taxes	377 000	297 000	436 000	302 000
Dividends	0	0	0	0
Other Current Debt	356 000	380 000	538 000	430 000
Total Current Debt	1 435 000	1 205 000	1 952 000	1 001 000
Total Equity and Debt	1 533 000	2 367 000	2 510 000	1 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,1 %	−109,62 %	−13,42 %	7,02 %
Debt-to-Equity Ratio	−1,07	−3,11	−1,48	−1,31
Operating Profit Margin	−9,17 %	7,25 %	1,81 %	−0,92 %
Current Ratio	0,85	1,63	1,27	1,35
Quick Ratio	1,2	2,72	1,66	3,96
Equity Ratio	−0,86	−0,23	−0,46	−0,93
Gross Profit Margin	45,98 %	54,06 %	47,92 %	49,74 %