ECO ENERGY AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

14,67 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	64 000	6 000	790 000
Net Income	−232 000	−634 000	−943 000	138 000
Total Assets	1 302 000	1 087 000	1 214 000	398 000
Total Equity	−1 581 000	−1 349 000	−715 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	64 000	6 000	790 000
Expenditure	232 000	697 000	983 000	614 000
Operating Profit	−232 000	−633 000	−977 000	176 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	5 000	2 000
Financial Balance	0	−1 000	−3 000	−2 000
Earnings Before Tax	−232 000	−634 000	−979 000	174 000
Tax	0	0	−36 000	36 000
Net Income	−232 000	−634 000	−943 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	883 000	710 000	526 000	0
Total Current Assets	420 000	377 000	689 000	398 000
Total Assets	1 302 000	1 087 000	1 214 000	398 000
Total Retained Equity	−1 681 000	−1 449 000	−815 000	128 000
Total Equity	−1 581 000	−1 349 000	−715 000	228 000
Total Long-Term Debt	922 000	0	0	0
Total Current Debt	1 962 000	2 436 000	1 930 000	170 000
Total Equity and Debt	1 302 000	1 087 000	1 214 000	398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	64 000	6 000	790 000
Other Income	0	0	0	0
Revenue	0	64 000	6 000	790 000
Cost of Goods Sold	0	468 000	928 000	67 000
Salary Costs	0	0	0	326 000
Depreciation	111 000	92 000	28 000	0
Impairment	0	0	0	0
Expenditure	232 000	697 000	983 000	614 000
Operating Profit	−232 000	−633 000	−977 000	176 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	5 000	2 000
Financial Balance	0	−1 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	−232 000	−634 000	−943 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	284 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	599 000	710 000	526 000	0
Fixtures	0	0	0	0
Total Tangible Assets	599 000	710 000	526 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	883 000	710 000	526 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	15 000	12 000	10 000
Total Current Assets	420 000	377 000	689 000	398 000
Total Assets	1 302 000	1 087 000	1 214 000	398 000
Total Equity	−1 581 000	−1 349 000	−715 000	228 000
Short-Term Group Debt	5 000	455 000	0	0
Total Long-Term Debt	922 000	0	0	0
Creditors	1 956 000	1 977 000	1 914 000	104 000
Unpaid Taxes	0	0	0	22 000
Dividends	0	0	0	0
Other Current Debt	0	5 000	16 000	8 000
Total Current Debt	1 962 000	2 436 000	1 930 000	170 000
Total Equity and Debt	1 302 000	1 087 000	1 214 000	398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,67 %	47 %	131,89 %	60,53 %
Debt-to-Equity Ratio	−0,58	−0	−0	0
Operating Profit Margin	-	−989,06 %	−16 283,33 %	22,28 %
Current Ratio	0,21	0,15	0,36	2,34
Quick Ratio	0,21	0,15	0,36	2,34
Equity Ratio	−1,21	−1,24	−0,59	0,57
Gross Profit Margin	-	−631,25 %	−15 366,67 %	91,52 %