E.C INVEST AS

5416 STORD

Finances

Return on Equity

2,27 %

Current Ratio

7,71

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	331 000	402 000	220 000	119 000
Net Income	14 000	−32 000	−29 000	−19 000
Total Assets	1 634 000	1 676 000	1 705 000	1 076 000
Total Equity	616 000	602 000	635 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	331 000	402 000	220 000	119 000
Expenditure	264 000	320 000	246 000	97 000
Operating Profit	67 000	79 000	−29 000	30 000
Financial Income	11 000	2 000	2 000	0
Financial Costs	64 000	114 000	2 000	49 000
Financial Balance	−53 000	−112 000	0	−49 000
Earnings Before Tax	14 000	−32 000	−29 000	−19 000
Tax	0	0	0	0
Net Income	14 000	−32 000	−29 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 288 000	1 634 000	1 520 000	1 066 000
Total Current Assets	347 000	42 000	185 000	10 000
Total Assets	1 634 000	1 676 000	1 705 000	1 076 000
Total Retained Equity	−185 000	−200 000	−167 000	−139 000
Total Equity	616 000	602 000	635 000	63 000
Total Long-Term Debt	973 000	1 020 000	1 017 000	893 000
Total Current Debt	45 000	54 000	53 000	119 000
Total Equity and Debt	1 634 000	1 676 000	1 705 000	1 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 000	104 000	155 000	119 000
Other Income	152 000	298 000	65 000	0
Revenue	331 000	402 000	220 000	119 000
Cost of Goods Sold	7 000	7 000	7 000	10 000
Salary Costs	0	0	0	0
Depreciation	66 000	66 000	52 000	34 000
Impairment	0	0	0	0
Expenditure	264 000	320 000	246 000	97 000
Operating Profit	67 000	79 000	−29 000	30 000
Financial Income	11 000	2 000	2 000	0
Financial Costs	64 000	114 000	2 000	49 000
Financial Balance	−53 000	−112 000	0	−49 000
Dividends	0	0	0	0
Net Income	14 000	−32 000	−29 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	996 000	1 014 000	1 031 000	1 066 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	80 000	129 000	0
Total Tangible Assets	1 028 000	1 094 000	1 160 000	1 066 000
Total Fiancial Fixed Assets	260 000	540 000	360 000	0
Total Fixed Assets	1 288 000	1 634 000	1 520 000	1 066 000
Stock	0	7 000	6 000	9 000
Total Investments	0	0	0	0
Cash, Bank	347 000	16 000	177 000	0
Total Current Assets	347 000	42 000	185 000	10 000
Total Assets	1 634 000	1 676 000	1 705 000	1 076 000
Total Equity	616 000	602 000	635 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	973 000	1 020 000	1 017 000	893 000
Creditors	12 000	16 000	39 000	9 000
Unpaid Taxes	18 000	3 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	15 000	35 000	13 000	12 000
Total Current Debt	45 000	54 000	53 000	119 000
Total Equity and Debt	1 634 000	1 676 000	1 705 000	1 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,27 %	−5,32 %	−4,57 %	−30,16 %
Debt-to-Equity Ratio	1,58	1,69	1,6	14,17
Operating Profit Margin	20,24 %	19,65 %	−13,18 %	25,21 %
Current Ratio	7,71	0,78	3,49	0,08
Quick Ratio	7,71	0,89	3,94	0,09
Equity Ratio	0,38	0,36	0,37	0,06
Gross Profit Margin	97,89 %	98,26 %	96,82 %	91,6 %