EKTE COMPANY AS

0480 OSLO

Finances

Share Ownership

Return on Equity

−2,2 %

Current Ratio

0,95

Debt-to-Equity Ratio

−0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 000	316 000	265 000	653 000
Net Income	11 000	−110 000	−135 000	−117 000
Total Assets	1 134 000	560 000	328 000	136 000
Total Equity	−500 000	−511 000	−401 000	−267 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 000	316 000	265 000	653 000
Expenditure	434 000	424 000	398 000	767 000
Operating Profit	12 000	−109 000	−133 000	−114 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	2 000	4 000
Financial Balance	0	0	−2 000	−2 000
Earnings Before Tax	11 000	−110 000	−135 000	−117 000
Tax	0	0	0	0
Net Income	11 000	−110 000	−135 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	0	0	0
Total Current Assets	1 119 000	560 000	328 000	136 000
Total Assets	1 134 000	560 000	328 000	136 000
Total Retained Equity	−530 000	−535 000	−426 000	−291 000
Total Equity	−500 000	−511 000	−401 000	−267 000
Total Long-Term Debt	456 000	181 000	97 000	43 000
Total Current Debt	1 178 000	890 000	632 000	359 000
Total Equity and Debt	1 134 000	560 000	328 000	136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	447 000	316 000	265 000	653 000
Other Income	0	0	0	0
Revenue	447 000	316 000	265 000	653 000
Cost of Goods Sold	2 000	3 000	4 000	93 000
Salary Costs	22 000	22 000	67 000	249 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	434 000	424 000	398 000	767 000
Operating Profit	12 000	−109 000	−133 000	−114 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	2 000	4 000
Financial Balance	0	0	−2 000	−2 000
Dividends	0	0	0	0
Net Income	11 000	−110 000	−135 000	−117 000

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	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 118 000	532 000	328 000	91 000
Total Current Assets	1 119 000	560 000	328 000	136 000
Total Assets	1 134 000	560 000	328 000	136 000
Total Equity	−500 000	−511 000	−401 000	−267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	456 000	181 000	97 000	43 000
Creditors	1 000	1 000	15 000	4 000
Unpaid Taxes	77 000	75 000	80 000	85 000
Dividends	0	0	0	0
Other Current Debt	1 100 000	814 000	536 000	271 000
Total Current Debt	1 178 000	890 000	632 000	359 000
Total Equity and Debt	1 134 000	560 000	328 000	136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,2 %	21,53 %	33,67 %	43,82 %
Debt-to-Equity Ratio	−0,91	−0,35	−0,24	−0,16
Operating Profit Margin	2,68 %	−34,49 %	−50,19 %	−17,46 %
Current Ratio	0,95	0,63	0,52	0,38
Quick Ratio	0,95	0,63	0,52	0,38
Equity Ratio	−0,44	−0,91	−1,22	−1,96
Gross Profit Margin	99,55 %	99,05 %	98,49 %	85,76 %