ECOGAS AS

7657 VERDAL

Finances

Share Ownership

Return on Equity

3,73 %

Current Ratio

1,12

Debt-to-Equity Ratio

6,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 125 000	9 161 000	8 805 000	8 463 000
Net Income	159 000	48 000	166 000	−2 525 000
Total Assets	32 372 000	33 569 000	36 225 000	38 863 000
Total Equity	4 260 000	4 101 000	4 053 000	3 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 125 000	9 161 000	8 805 000	8 463 000
Expenditure	8 729 000	7 972 000	7 398 000	10 677 000
Operating Profit	1 396 000	1 189 000	1 408 000	−2 213 000
Financial Income	7 000	1 000	1 000	2 000
Financial Costs	1 200 000	1 129 000	1 196 000	1 026 000
Financial Balance	−1 193 000	−1 128 000	−1 195 000	−1 024 000
Earnings Before Tax	204 000	61 000	213 000	−3 237 000
Tax	45 000	13 000	47 000	−712 000
Net Income	159 000	48 000	166 000	−2 525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 019 000	32 252 000	34 809 000	37 298 000
Total Current Assets	2 354 000	1 317 000	1 416 000	1 566 000
Total Assets	32 372 000	33 569 000	36 225 000	38 863 000
Total Retained Equity	−3 734 000	−3 893 000	−3 941 000	−4 108 000
Total Equity	4 260 000	4 101 000	4 053 000	3 887 000
Total Long-Term Debt	26 015 000	28 079 000	28 633 000	30 567 000
Total Current Debt	2 098 000	1 389 000	3 538 000	4 410 000
Total Equity and Debt	32 372 000	33 569 000	36 225 000	38 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 493 000	9 161 000	8 805 000	8 463 000
Other Income	−367 000	0	0	0
Revenue	10 125 000	9 161 000	8 805 000	8 463 000
Cost of Goods Sold	1 878 000	1 071 000	1 811 000	4 993 000
Salary Costs	108 000	109 000	103 000	160 000
Depreciation	2 889 000	2 874 000	2 860 000	1 668 000
Impairment	0	0	0	0
Expenditure	8 729 000	7 972 000	7 398 000	10 677 000
Operating Profit	1 396 000	1 189 000	1 408 000	−2 213 000
Financial Income	7 000	1 000	1 000	2 000
Financial Costs	1 200 000	1 129 000	1 196 000	1 026 000
Financial Balance	−1 193 000	−1 128 000	−1 195 000	−1 024 000
Dividends	0	0	0	0
Net Income	159 000	48 000	166 000	−2 525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 053 000	1 121 000	1 157 000	1 227 000
Real Eastate	9 781 000	9 492 000	9 799 000	9 786 000
Machinery and Plant Facilities	18 989 000	21 420 000	23 852 000	26 284 000
Fixtures	195 000	219 000	0	0
Total Tangible Assets	28 965 000	31 131 000	33 651 000	36 071 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 019 000	32 252 000	34 809 000	37 298 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	5 000	7 000	4 000
Total Current Assets	2 354 000	1 317 000	1 416 000	1 566 000
Total Assets	32 372 000	33 569 000	36 225 000	38 863 000
Total Equity	4 260 000	4 101 000	4 053 000	3 887 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 015 000	28 079 000	28 633 000	30 567 000
Creditors	1 084 000	352 000	2 826 000	2 845 000
Unpaid Taxes	197 000	258 000	0	0
Dividends	0	0	0	0
Other Current Debt	218 000	778 000	712 000	1 565 000
Total Current Debt	2 098 000	1 389 000	3 538 000	4 410 000
Total Equity and Debt	32 372 000	33 569 000	36 225 000	38 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,73 %	1,17 %	4,1 %	−64,96 %
Debt-to-Equity Ratio	6,11	6,85	7,06	7,86
Operating Profit Margin	13,79 %	12,98 %	15,99 %	−26,15 %
Current Ratio	1,12	0,95	0,4	0,36
Quick Ratio	1,12	0,95	0,4	0,36
Equity Ratio	0,13	0,12	0,11	0,1
Gross Profit Margin	81,45 %	88,31 %	79,43 %	41 %