ECOFLOW AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

107,43 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 653 000	1 418 000	3 254 000	3 423 000
Net Income	159 000	16 000	176 000	−187 000
Total Assets	347 000	120 000	558 000	1 192 000
Total Equity	148 000	−11 000	−27 000	−204 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 653 000	1 418 000	3 254 000	3 423 000
Expenditure	1 448 000	1 390 000	3 035 000	3 603 000
Operating Profit	204 000	28 000	219 000	−179 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	24 000	7 000
Financial Balance	0	−2 000	−23 000	−7 000
Earnings Before Tax	204 000	26 000	196 000	−187 000
Tax	46 000	10 000	19 000	0
Net Income	159 000	16 000	176 000	−187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	168 000	489 000
Total Current Assets	347 000	117 000	390 000	703 000
Total Assets	347 000	120 000	558 000	1 192 000
Total Retained Equity	118 000	−41 000	−57 000	−234 000
Total Equity	148 000	−11 000	−27 000	−204 000
Total Long-Term Debt	1 000	1 000	210 000	749 000
Total Current Debt	199 000	129 000	376 000	646 000
Total Equity and Debt	347 000	120 000	558 000	1 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 653 000	1 395 000	3 138 000	3 273 000
Other Income	0	23 000	116 000	150 000
Revenue	1 653 000	1 418 000	3 254 000	3 423 000
Cost of Goods Sold	400 000	136 000	843 000	799 000
Salary Costs	139 000	295 000	929 000	1 563 000
Depreciation	2 000	28 000	64 000	80 000
Impairment	0	0	0	0
Expenditure	1 448 000	1 390 000	3 035 000	3 603 000
Operating Profit	204 000	28 000	219 000	−179 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	24 000	7 000
Financial Balance	0	−2 000	−23 000	−7 000
Dividends	0	0	0	0
Net Income	159 000	16 000	176 000	−187 000

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	2 000	168 000	474 000
Total Tangible Assets	0	2 000	168 000	474 000
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	0	2 000	168 000	489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	142 000	91 000	269 000	497 000
Total Current Assets	347 000	117 000	390 000	703 000
Total Assets	347 000	120 000	558 000	1 192 000
Total Equity	148 000	−11 000	−27 000	−204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	210 000	749 000
Creditors	97 000	−8 000	1 000	−27 000
Unpaid Taxes	31 000	64 000	79 000	295 000
Dividends	0	0	0	0
Other Current Debt	25 000	55 000	286 000	379 000
Total Current Debt	199 000	129 000	376 000	646 000
Total Equity and Debt	347 000	120 000	558 000	1 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,43 %	−145,45 %	−651,85 %	91,67 %
Debt-to-Equity Ratio	0,01	−0,09	−7,78	−3,67
Operating Profit Margin	12,34 %	1,97 %	6,73 %	−5,23 %
Current Ratio	1,74	0,91	1,04	1,09
Quick Ratio	1,74	0,91	1,04	1,09
Equity Ratio	0,43	−0,09	−0,05	−0,17
Gross Profit Margin	75,8 %	90,41 %	74,09 %	76,66 %