ECOM NORGE AS

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

45,92 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 636 000	12 016 000	6 854 000	1 914 000
Net Income	2 258 000	923 000	372 000	194 000
Total Assets	8 394 000	6 769 000	1 868 000	750 000
Total Equity	4 917 000	2 659 000	596 000	224 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 636 000	12 016 000	6 854 000	1 914 000
Expenditure	20 608 000	10 736 000	6 264 000	1 661 000
Operating Profit	3 029 000	1 280 000	590 000	253 000
Financial Income	0	6 000	0	1 000
Financial Costs	134 000	102 000	114 000	4 000
Financial Balance	−134 000	−96 000	−114 000	−3 000
Earnings Before Tax	2 895 000	1 184 000	476 000	249 000
Tax	637 000	260 000	105 000	55 000
Net Income	2 258 000	923 000	372 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	841 000	954 000	126 000	0
Total Current Assets	7 553 000	5 816 000	1 742 000	750 000
Total Assets	8 394 000	6 769 000	1 868 000	750 000
Total Retained Equity	3 747 000	1 489 000	566 000	194 000
Total Equity	4 917 000	2 659 000	596 000	224 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 477 000	4 110 000	1 272 000	526 000
Total Equity and Debt	8 394 000	6 769 000	1 868 000	750 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 636 000	12 016 000	6 854 000	1 914 000
Other Income	0	0	0	0
Revenue	23 636 000	12 016 000	6 854 000	1 914 000
Cost of Goods Sold	19 030 000	8 869 000	4 908 000	1 322 000
Salary Costs	202 000	344 000	208 000	16 000
Depreciation	113 000	125 000	55 000	0
Impairment	0	0	0	0
Expenditure	20 608 000	10 736 000	6 264 000	1 661 000
Operating Profit	3 029 000	1 280 000	590 000	253 000
Financial Income	0	6 000	0	1 000
Financial Costs	134 000	102 000	114 000	4 000
Financial Balance	−134 000	−96 000	−114 000	−3 000
Dividends	0	0	0	0
Net Income	2 258 000	923 000	372 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	94 000	0
Total Intangible Assets	66 000	178 000	94 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	32 000	0
Total Tangible Assets	0	0	32 000	0
Total Fiancial Fixed Assets	775 000	775 000	0	0
Total Fixed Assets	841 000	954 000	126 000	0
Stock	3 291 000	4 306 000	523 000	96 000
Total Investments	0	0	0	0
Cash, Bank	3 645 000	1 461 000	1 189 000	624 000
Total Current Assets	7 553 000	5 816 000	1 742 000	750 000
Total Assets	8 394 000	6 769 000	1 868 000	750 000
Total Equity	4 917 000	2 659 000	596 000	224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	625 000	292 000	237 000	28 000
Unpaid Taxes	1 662 000	928 000	729 000	410 000
Dividends	0	0	0	0
Other Current Debt	553 000	1 048 000	201 000	33 000
Total Current Debt	3 477 000	4 110 000	1 272 000	526 000
Total Equity and Debt	8 394 000	6 769 000	1 868 000	750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,92 %	34,71 %	62,42 %	86,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,82 %	10,65 %	8,61 %	13,22 %
Current Ratio	2,17	1,42	1,37	1,43
Quick Ratio	40,61	−29,67	2,33	1,74
Equity Ratio	0,59	0,39	0,32	0,3
Gross Profit Margin	19,49 %	26,19 %	28,39 %	30,93 %