ECCSEL EUROPEAN RESEARCH INFRASTRUCTURE CONSORTIUM

7034 TRONDHEIM

Finances

Share Ownership

Return on Equity

−190,26 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 160 000	3 927 000	4 401 000	3 758 000
Net Income	−1 446 000	−457 000	864 000	486 000
Total Assets	15 632 000	11 406 000	10 246 000	3 601 000
Total Equity	760 000	2 206 000	2 663 000	1 799 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 160 000	3 927 000	4 401 000	3 758 000
Expenditure	5 363 000	4 367 000	3 375 000	3 269 000
Operating Profit	−1 203 000	−440 000	1 026 000	490 000
Financial Income	272 000	366 000	3 573 000	9 000
Financial Costs	516 000	383 000	3 735 000	13 000
Financial Balance	−244 000	−17 000	−162 000	−4 000
Earnings Before Tax	−1 446 000	−457 000	864 000	486 000
Tax	0	0	0	0
Net Income	−1 446 000	−457 000	864 000	486 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	15 632 000	11 406 000	10 246 000	3 601 000
Total Assets	15 632 000	11 406 000	10 246 000	3 601 000
Total Retained Equity	760 000	2 206 000	2 663 000	1 799 000
Total Equity	760 000	2 206 000	2 663 000	1 799 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 872 000	9 200 000	7 582 000	1 802 000
Total Equity and Debt	15 632 000	11 406 000	10 246 000	3 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 576 000	3 105 000	4 093 000	3 758 000
Other Income	585 000	822 000	307 000	0
Revenue	4 160 000	3 927 000	4 401 000	3 758 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 000	0	3 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 363 000	4 367 000	3 375 000	3 269 000
Operating Profit	−1 203 000	−440 000	1 026 000	490 000
Financial Income	272 000	366 000	3 573 000	9 000
Financial Costs	516 000	383 000	3 735 000	13 000
Financial Balance	−244 000	−17 000	−162 000	−4 000
Dividends	0	0	0	0
Net Income	−1 446 000	−457 000	864 000	486 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 602 000	10 099 000	8 808 000	1 244 000
Total Current Assets	15 632 000	11 406 000	10 246 000	3 601 000
Total Assets	15 632 000	11 406 000	10 246 000	3 601 000
Total Equity	760 000	2 206 000	2 663 000	1 799 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 339 000	513 000	1 502 000	1 473 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 533 000	8 688 000	6 081 000	329 000
Total Current Debt	14 872 000	9 200 000	7 582 000	1 802 000
Total Equity and Debt	15 632 000	11 406 000	10 246 000	3 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−190,26 %	−20,72 %	32,44 %	27,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−28,92 %	−11,2 %	23,31 %	13,04 %
Current Ratio	1,05	1,24	1,35	2
Quick Ratio	1,05	1,24	1,35	2
Equity Ratio	0,05	0,19	0,26	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %