ECO MATERIALS AS

7300 ORKANGER

Finances

Return on Equity

−43,75 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	289 000	285 000	212 000	12 000
Net Income	−1 260 000	−471 000	−332 000	−1 514 000
Total Assets	5 781 000	1 902 000	1 545 000	349 000
Total Equity	2 880 000	120 000	590 000	−3 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	289 000	285 000	212 000	12 000
Expenditure	1 533 000	767 000	541 000	1 420 000
Operating Profit	−1 242 000	−482 000	−330 000	−1 408 000
Financial Income	−11 000	12 000	2 000	2 000
Financial Costs	7 000	1 000	4 000	107 000
Financial Balance	−18 000	11 000	−2 000	−105 000
Earnings Before Tax	−1 260 000	−471 000	−332 000	−1 514 000
Tax	0	0	0	0
Net Income	−1 260 000	−471 000	−332 000	−1 514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 740 000	1 731 000	214 000	0
Total Current Assets	3 041 000	171 000	1 331 000	349 000
Total Assets	5 781 000	1 902 000	1 545 000	349 000
Total Retained Equity	−2 138 000	0	0	−3 695 000
Total Equity	2 880 000	120 000	590 000	−3 676 000
Total Long-Term Debt	0	0	0	507 000
Total Current Debt	2 901 000	1 783 000	954 000	3 518 000
Total Equity and Debt	5 781 000	1 902 000	1 545 000	349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 000	285 000	212 000	0
Other Income	212 000	0	0	12 000
Revenue	289 000	285 000	212 000	12 000
Cost of Goods Sold	57 000	105 000	28 000	526 000
Salary Costs	335 000	26 000	29 000	269 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 533 000	767 000	541 000	1 420 000
Operating Profit	−1 242 000	−482 000	−330 000	−1 408 000
Financial Income	−11 000	12 000	2 000	2 000
Financial Costs	7 000	1 000	4 000	107 000
Financial Balance	−18 000	11 000	−2 000	−105 000
Dividends	0	0	0	0
Net Income	−1 260 000	−471 000	−332 000	−1 514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 735 000	1 720 000	214 000	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	6 000	11 000	0	0
Total Fixed Assets	2 740 000	1 731 000	214 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	289 000	97 000	891 000	39 000
Total Current Assets	3 041 000	171 000	1 331 000	349 000
Total Assets	5 781 000	1 902 000	1 545 000	349 000
Total Equity	2 880 000	120 000	590 000	−3 676 000
Short-Term Group Debt	0	237 000	237 000	2 464 000
Total Long-Term Debt	0	0	0	507 000
Creditors	480 000	262 000	445 000	649 000
Unpaid Taxes	27 000	27 000	64 000	69 000
Dividends	0	0	0	0
Other Current Debt	2 395 000	1 257 000	191 000	337 000
Total Current Debt	2 901 000	1 783 000	954 000	3 518 000
Total Equity and Debt	5 781 000	1 902 000	1 545 000	349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,75 %	−392,5 %	−56,27 %	41,19 %
Debt-to-Equity Ratio	0	0	0	−0,14
Operating Profit Margin	−429,76 %	−169,12 %	−155,66 %	−11 733,33 %
Current Ratio	1,05	0,1	1,4	0,1
Quick Ratio	1,05	0,1	1,4	0,1
Equity Ratio	0,5	0,06	0,38	−10,53
Gross Profit Margin	80,28 %	63,16 %	86,79 %	−4 283,33 %