ECO MALER AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

325 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 201 000	2 475 000	2 308 000	3 151 000
Net Income	390 000	213 000	−515 000	141 000
Total Assets	730 000	381 000	525 000	723 000
Total Equity	120 000	−270 000	−483 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 201 000	2 475 000	2 308 000	3 151 000
Expenditure	2 808 000	2 338 000	2 818 000	2 957 000
Operating Profit	394 000	138 000	−510 000	194 000
Financial Income	0	0	0	0
Financial Costs	4 000	15 000	13 000	14 000
Financial Balance	−4 000	−15 000	−13 000	−14 000
Earnings Before Tax	390 000	123 000	−523 000	180 000
Tax	0	−90 000	−8 000	40 000
Net Income	390 000	213 000	−515 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	84 000	92 000	147 000
Total Current Assets	701 000	297 000	434 000	577 000
Total Assets	730 000	381 000	525 000	723 000
Total Retained Equity	90 000	−300 000	−513 000	2 000
Total Equity	120 000	−270 000	−483 000	32 000
Total Long-Term Debt	0	48 000	95 000	162 000
Total Current Debt	610 000	603 000	913 000	529 000
Total Equity and Debt	730 000	381 000	525 000	723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 201 000	2 475 000	2 308 000	3 156 000
Other Income	0	0	0	−5 000
Revenue	3 201 000	2 475 000	2 308 000	3 151 000
Cost of Goods Sold	792 000	495 000	467 000	390 000
Salary Costs	1 429 000	1 152 000	1 740 000	2 114 000
Depreciation	55 000	63 000	55 000	55 000
Impairment	0	0	0	0
Expenditure	2 808 000	2 338 000	2 818 000	2 957 000
Operating Profit	394 000	138 000	−510 000	194 000
Financial Income	0	0	0	0
Financial Costs	4 000	15 000	13 000	14 000
Financial Balance	−4 000	−15 000	−13 000	−14 000
Dividends	0	0	0	0
Net Income	390 000	213 000	−515 000	141 000

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	29 000	84 000	92 000	147 000
Total Tangible Assets	29 000	84 000	92 000	147 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	84 000	92 000	147 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	278 000	403 000	571 000
Total Current Assets	701 000	297 000	434 000	577 000
Total Assets	730 000	381 000	525 000	723 000
Total Equity	120 000	−270 000	−483 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	48 000	95 000	162 000
Creditors	5 000	279 000	83 000	−1 000
Unpaid Taxes	200 000	167 000	387 000	248 000
Dividends	0	0	0	0
Other Current Debt	451 000	202 000	444 000	230 000
Total Current Debt	610 000	603 000	913 000	529 000
Total Equity and Debt	730 000	381 000	525 000	723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	325 %	−78,89 %	106,63 %	440,63 %
Debt-to-Equity Ratio	0	−0,18	−0,2	5,06
Operating Profit Margin	12,31 %	5,58 %	−22,1 %	6,16 %
Current Ratio	1,15	0,49	0,48	1,09
Quick Ratio	1,15	0,49	0,48	1,09
Equity Ratio	0,16	−0,71	−0,92	0,04
Gross Profit Margin	75,26 %	80 %	79,77 %	87,62 %