ECO-NOR AS

3031 DRAMMEN

Finances

Share Ownership

Return on Equity

11,16 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 253 000	14 009 000	8 562 000	5 033 000
Net Income	246 000	1 220 000	506 000	24 000
Total Assets	5 537 000	4 914 000	2 409 000	886 000
Total Equity	2 204 000	1 958 000	738 000	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 253 000	14 009 000	8 562 000	5 033 000
Expenditure	15 798 000	12 401 000	7 840 000	4 960 000
Operating Profit	454 000	1 608 000	721 000	73 000
Financial Income	102 000	75 000	69 000	7 000
Financial Costs	234 000	112 000	141 000	47 000
Financial Balance	−132 000	−37 000	−72 000	−40 000
Earnings Before Tax	322 000	1 571 000	650 000	32 000
Tax	76 000	351 000	144 000	9 000
Net Income	246 000	1 220 000	506 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	36 000	6 000	0
Total Current Assets	5 457 000	4 878 000	2 403 000	886 000
Total Assets	5 537 000	4 914 000	2 409 000	886 000
Total Retained Equity	2 004 000	1 758 000	538 000	32 000
Total Equity	2 204 000	1 958 000	738 000	232 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 333 000	2 956 000	1 671 000	654 000
Total Equity and Debt	5 537 000	4 914 000	2 409 000	886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 253 000	13 956 000	8 505 000	5 033 000
Other Income	0	53 000	57 000	0
Revenue	16 253 000	14 009 000	8 562 000	5 033 000
Cost of Goods Sold	10 849 000	9 390 000	5 930 000	3 353 000
Salary Costs	1 944 000	1 292 000	712 000	608 000
Depreciation	17 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	15 798 000	12 401 000	7 840 000	4 960 000
Operating Profit	454 000	1 608 000	721 000	73 000
Financial Income	102 000	75 000	69 000	7 000
Financial Costs	234 000	112 000	141 000	47 000
Financial Balance	−132 000	−37 000	−72 000	−40 000
Dividends	0	0	0	0
Net Income	246 000	1 220 000	506 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	4 000	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	32 000	0	0
Total Tangible Assets	76 000	32 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	36 000	6 000	0
Stock	2 063 000	1 244 000	514 000	310 000
Total Investments	0	0	0	0
Cash, Bank	1 082 000	1 951 000	472 000	323 000
Total Current Assets	5 457 000	4 878 000	2 403 000	886 000
Total Assets	5 537 000	4 914 000	2 409 000	886 000
Total Equity	2 204 000	1 958 000	738 000	232 000
Short-Term Group Debt	21 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 736 000	1 823 000	1 071 000	427 000
Unpaid Taxes	825 000	630 000	359 000	160 000
Dividends	0	0	0	0
Other Current Debt	246 000	143 000	91 000	58 000
Total Current Debt	3 333 000	2 956 000	1 671 000	654 000
Total Equity and Debt	5 537 000	4 914 000	2 409 000	886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,16 %	62,31 %	68,56 %	10,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,79 %	11,48 %	8,42 %	1,45 %
Current Ratio	1,64	1,65	1,44	1,35
Quick Ratio	4,3	2,85	2,08	2,58
Equity Ratio	0,4	0,4	0,31	0,26
Gross Profit Margin	33,25 %	32,97 %	30,74 %	33,38 %