ECOLAFT AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−154,91 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 769 000	2 018 000	1 524 000	957 000
Net Income	−268 000	385 000	225 000	190 000
Total Assets	470 000	1 119 000	745 000	509 000
Total Equity	173 000	641 000	255 000	221 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 769 000	2 018 000	1 524 000	957 000
Expenditure	2 113 000	1 526 000	1 231 000	714 000
Operating Profit	−344 000	492 000	293 000	244 000
Financial Income	1 000	3 000	2 000	0
Financial Costs	1 000	1 000	6 000	0
Financial Balance	0	2 000	−4 000	0
Earnings Before Tax	−343 000	494 000	288 000	244 000
Tax	−76 000	109 000	63 000	54 000
Net Income	−268 000	385 000	225 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	0	0	0
Total Current Assets	382 000	1 119 000	745 000	509 000
Total Assets	470 000	1 119 000	745 000	509 000
Total Retained Equity	164 000	631 000	246 000	211 000
Total Equity	173 000	641 000	255 000	221 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	297 000	478 000	490 000	288 000
Total Equity and Debt	470 000	1 119 000	745 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 769 000	2 018 000	1 524 000	957 000
Other Income	0	0	0	0
Revenue	1 769 000	2 018 000	1 524 000	957 000
Cost of Goods Sold	45 000	202 000	120 000	11 000
Salary Costs	1 908 000	1 189 000	1 005 000	644 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 113 000	1 526 000	1 231 000	714 000
Operating Profit	−344 000	492 000	293 000	244 000
Financial Income	1 000	3 000	2 000	0
Financial Costs	1 000	1 000	6 000	0
Financial Balance	0	2 000	−4 000	0
Dividends	0	0	0	0
Net Income	−268 000	385 000	225 000	190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	13 000	0	0	0
Total Fixed Assets	88 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	371 000	827 000	673 000	506 000
Total Current Assets	382 000	1 119 000	745 000	509 000
Total Assets	470 000	1 119 000	745 000	509 000
Total Equity	173 000	641 000	255 000	221 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	0	0
Unpaid Taxes	126 000	175 000	101 000	102 000
Dividends	0	0	0	0
Other Current Debt	171 000	192 000	325 000	133 000
Total Current Debt	297 000	478 000	490 000	288 000
Total Equity and Debt	470 000	1 119 000	745 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−154,91 %	60,06 %	88,24 %	85,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,45 %	24,38 %	19,23 %	25,5 %
Current Ratio	1,29	2,34	1,52	1,77
Quick Ratio	1,29	2,34	1,52	1,77
Equity Ratio	0,37	0,57	0,34	0,43
Gross Profit Margin	97,46 %	89,99 %	92,13 %	98,85 %