ECOROAD AS

1950 RØMSKOG

Finances

Share Ownership

Return on Equity

−42,22 %

Current Ratio

2,29

Debt-to-Equity Ratio

−1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	539 000	1 193 000	1 453 000	350 000
Net Income	475 000	−937 000	−671 000	−87 000
Total Assets	1 632 000	1 343 000	2 646 000	1 625 000
Total Equity	−1 125 000	−1 600 000	−664 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	539 000	1 193 000	1 453 000	350 000
Expenditure	−98 000	1 963 000	1 970 000	428 000
Operating Profit	637 000	−770 000	−516 000	−78 000
Financial Income	0	0	0	0
Financial Costs	162 000	167 000	130 000	35 000
Financial Balance	−162 000	−167 000	−130 000	−35 000
Earnings Before Tax	475 000	−937 000	−645 000	−113 000
Tax	0	0	26 000	−26 000
Net Income	475 000	−937 000	−671 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	172 000	270 000	319 000	48 000
Total Current Assets	1 460 000	1 074 000	2 327 000	1 577 000
Total Assets	1 632 000	1 343 000	2 646 000	1 625 000
Total Retained Equity	−1 225 000	−1 700 000	−764 000	−92 000
Total Equity	−1 125 000	−1 600 000	−664 000	8 000
Total Long-Term Debt	2 119 000	2 175 000	2 228 000	1 600 000
Total Current Debt	638 000	769 000	1 081 000	17 000
Total Equity and Debt	1 632 000	1 343 000	2 646 000	1 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	439 000	1 421 000	1 093 000	350 000
Other Income	100 000	−228 000	360 000	0
Revenue	539 000	1 193 000	1 453 000	350 000
Cost of Goods Sold	−575 000	858 000	1 472 000	255 000
Salary Costs	0	0	0	0
Depreciation	98 000	70 000	59 000	3 000
Impairment	0	0	0	0
Expenditure	−98 000	1 963 000	1 970 000	428 000
Operating Profit	637 000	−770 000	−516 000	−78 000
Financial Income	0	0	0	0
Financial Costs	162 000	167 000	130 000	35 000
Financial Balance	−162 000	−167 000	−130 000	−35 000
Dividends	0	0	0	0
Net Income	475 000	−937 000	−671 000	−87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	79 000	134 000	151 000	22 000
Fixtures	93 000	136 000	168 000	0
Total Tangible Assets	172 000	270 000	319 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	172 000	270 000	319 000	48 000
Stock	1 250 000	175 000	800 000	800 000
Total Investments	0	0	0	0
Cash, Bank	0	445 000	0	342 000
Total Current Assets	1 460 000	1 074 000	2 327 000	1 577 000
Total Assets	1 632 000	1 343 000	2 646 000	1 625 000
Total Equity	−1 125 000	−1 600 000	−664 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 119 000	2 175 000	2 228 000	1 600 000
Creditors	274 000	655 000	583 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	161 000	114 000	255 000	5 000
Total Current Debt	638 000	769 000	1 081 000	17 000
Total Equity and Debt	1 632 000	1 343 000	2 646 000	1 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,22 %	58,56 %	101,05 %	−1 087,5 %
Debt-to-Equity Ratio	−1,88	−1,36	−3,36	200
Operating Profit Margin	118,18 %	−64,54 %	−35,51 %	−22,29 %
Current Ratio	2,29	1,4	2,15	92,76
Quick Ratio	−2,39	1,81	8,28	−2,01
Equity Ratio	−0,69	−1,19	−0,25	0
Gross Profit Margin	206,68 %	28,08 %	−1,31 %	27,14 %