ECOFJORD AS

2967 LOMEN

Finances

Return on Equity

12,34 %

Current Ratio

1,43

Debt-to-Equity Ratio

3,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 242 000	3 120 000	1 500 000	0
Net Income	142 000	707 000	971 000	−13 000
Total Assets	6 699 000	6 425 000	2 894 000	994 000
Total Equity	1 151 000	1 009 000	302 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 242 000	3 120 000	1 500 000	0
Expenditure	2 931 000	2 151 000	50 000	0
Operating Profit	311 000	969 000	1 450 000	0
Financial Income	5 000	0	0	0
Financial Costs	132 000	52 000	210 000	13 000
Financial Balance	−127 000	−52 000	−210 000	−13 000
Earnings Before Tax	184 000	917 000	1 240 000	−13 000
Tax	42 000	210 000	269 000	0
Net Income	142 000	707 000	971 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 723 000	3 989 000	1 883 000	0
Total Current Assets	2 975 000	2 436 000	1 011 000	994 000
Total Assets	6 699 000	6 425 000	2 894 000	994 000
Total Retained Equity	1 051 000	909 000	202 000	−19 000
Total Equity	1 151 000	1 009 000	302 000	81 000
Total Long-Term Debt	3 470 000	3 351 000	1 300 000	900 000
Total Current Debt	2 078 000	2 065 000	1 291 000	13 000
Total Equity and Debt	6 699 000	6 425 000	2 894 000	994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 092 000	3 120 000	0	0
Other Income	150 000	0	1 500 000	0
Revenue	3 242 000	3 120 000	1 500 000	0
Cost of Goods Sold	4 000	825 000	0	0
Salary Costs	1 311 000	474 000	0	0
Depreciation	266 000	288 000	0	0
Impairment	0	0	0	0
Expenditure	2 931 000	2 151 000	50 000	0
Operating Profit	311 000	969 000	1 450 000	0
Financial Income	5 000	0	0	0
Financial Costs	132 000	52 000	210 000	13 000
Financial Balance	−127 000	−52 000	−210 000	−13 000
Dividends	0	0	750 000	0
Net Income	142 000	707 000	971 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 226 000	1 280 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	614 000	826 000	0	0
Total Tangible Assets	1 841 000	2 106 000	0	0
Total Fiancial Fixed Assets	1 883 000	1 883 000	1 883 000	0
Total Fixed Assets	3 723 000	3 989 000	1 883 000	0
Stock	0	0	0	0
Total Investments	1 308 000	1 308 000	967 000	974 000
Cash, Bank	232 000	212 000	44 000	20 000
Total Current Assets	2 975 000	2 436 000	1 011 000	994 000
Total Assets	6 699 000	6 425 000	2 894 000	994 000
Total Equity	1 151 000	1 009 000	302 000	81 000
Short-Term Group Debt	0	9 000	0	0
Total Long-Term Debt	3 470 000	3 351 000	1 300 000	900 000
Creditors	1 276 000	1 031 000	0	0
Unpaid Taxes	136 000	7 000	0	0
Dividends	0	0	750 000	0
Other Current Debt	623 000	809 000	273 000	13 000
Total Current Debt	2 078 000	2 065 000	1 291 000	13 000
Total Equity and Debt	6 699 000	6 425 000	2 894 000	994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,34 %	70,07 %	321,52 %	−16,05 %
Debt-to-Equity Ratio	3,01	3,32	4,3	11,11
Operating Profit Margin	9,59 %	31,06 %	96,67 %	-
Current Ratio	1,43	1,18	0,78	76,46
Quick Ratio	1,43	1,18	0,78	76,46
Equity Ratio	0,17	0,16	0,1	0,08
Gross Profit Margin	99,88 %	73,56 %	100 %	-