ENCO AS

3112 TØNSBERG

Finances

Share Ownership

Return on Equity

25,58 %

Current Ratio

2,43

Debt-to-Equity Ratio

3,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 872 000	9 982 000	7 830 000	9 528 000
Net Income	144 000	220 000	91 000	−1 903 000
Total Assets	4 230 000	4 336 000	4 762 000	4 250 000
Total Equity	563 000	419 000	199 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 872 000	9 982 000	7 830 000	9 528 000
Expenditure	8 556 000	9 544 000	8 111 000	11 365 000
Operating Profit	315 000	437 000	−280 000	−1 837 000
Financial Income	28 000	18 000	7 000	4 000
Financial Costs	158 000	173 000	150 000	70 000
Financial Balance	−130 000	−155 000	−143 000	−66 000
Earnings Before Tax	184 000	282 000	−423 000	−1 903 000
Tax	41 000	62 000	−514 000	0
Net Income	144 000	220 000	91 000	−1 903 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	411 000	772 000	818 000	31 000
Total Current Assets	3 819 000	3 564 000	3 944 000	4 219 000
Total Assets	4 230 000	4 336 000	4 762 000	4 250 000
Total Retained Equity	−1 467 000	−1 611 000	−1 831 000	−1 922 000
Total Equity	563 000	419 000	199 000	108 000
Total Long-Term Debt	2 095 000	3 303 000	3 810 000	2 420 000
Total Current Debt	1 572 000	614 000	752 000	1 722 000
Total Equity and Debt	4 230 000	4 336 000	4 762 000	4 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 872 000	9 982 000	7 830 000	9 528 000
Other Income	0	0	0	0
Revenue	8 872 000	9 982 000	7 830 000	9 528 000
Cost of Goods Sold	6 743 000	7 753 000	5 637 000	8 506 000
Salary Costs	203 000	544 000	736 000	1 278 000
Depreciation	320 000	123 000	67 000	17 000
Impairment	0	0	0	0
Expenditure	8 556 000	9 544 000	8 111 000	11 365 000
Operating Profit	315 000	437 000	−280 000	−1 837 000
Financial Income	28 000	18 000	7 000	4 000
Financial Costs	158 000	173 000	150 000	70 000
Financial Balance	−130 000	−155 000	−143 000	−66 000
Dividends	0	0	0	0
Net Income	144 000	220 000	91 000	−1 903 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	411 000	452 000	514 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	320 000	304 000	31 000
Total Tangible Assets	0	320 000	304 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	411 000	772 000	818 000	31 000
Stock	0	2 212 000	2 712 000	2 763 000
Total Investments	0	0	0	0
Cash, Bank	325 000	13 000	15 000	541 000
Total Current Assets	3 819 000	3 564 000	3 944 000	4 219 000
Total Assets	4 230 000	4 336 000	4 762 000	4 250 000
Total Equity	563 000	419 000	199 000	108 000
Short-Term Group Debt	0	0	10 000	496 000
Total Long-Term Debt	2 095 000	3 303 000	3 810 000	2 420 000
Creditors	18 000	121 000	265 000	209 000
Unpaid Taxes	937 000	353 000	272 000	867 000
Dividends	0	0	0	0
Other Current Debt	617 000	46 000	82 000	150 000
Total Current Debt	1 572 000	614 000	752 000	1 722 000
Total Equity and Debt	4 230 000	4 336 000	4 762 000	4 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,58 %	52,51 %	45,73 %	−1 762,04 %
Debt-to-Equity Ratio	3,72	7,88	19,15	22,41
Operating Profit Margin	3,55 %	4,38 %	−3,58 %	−19,28 %
Current Ratio	2,43	5,8	5,24	2,45
Quick Ratio	2,43	−2,23	−2,01	−4,05
Equity Ratio	0,13	0,1	0,04	0,03
Gross Profit Margin	24 %	22,33 %	28,01 %	10,73 %