ECO LOOP NORWAY AS

8402 SORTLAND

Finances

Share Ownership

Return on Equity

−43,4 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	1 375 000	3 100 000	11 402 000
Net Income	−92 000	−125 000	−801 000	841 000
Total Assets	690 000	937 000	1 438 000	2 577 000
Total Equity	212 000	−65 000	60 000	861 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	1 375 000	3 100 000	11 402 000
Expenditure	146 000	1 536 000	4 024 000	10 308 000
Operating Profit	−102 000	−161 000	−925 000	1 094 000
Financial Income	2 000	21 000	143 000	0
Financial Costs	18 000	21 000	245 000	18 000
Financial Balance	−16 000	0	−102 000	−18 000
Earnings Before Tax	−119 000	−160 000	−1 027 000	1 076 000
Tax	−26 000	−35 000	−226 000	234 000
Net Income	−92 000	−125 000	−801 000	841 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	279 000	249 000	28 000
Total Current Assets	389 000	658 000	1 189 000	2 549 000
Total Assets	690 000	937 000	1 438 000	2 577 000
Total Retained Equity	−178 000	−85 000	40 000	841 000
Total Equity	212 000	−65 000	60 000	861 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	478 000	1 002 000	1 378 000	1 716 000
Total Equity and Debt	690 000	937 000	1 438 000	2 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	1 375 000	2 910 000	11 402 000
Other Income	0	0	189 000	0
Revenue	43 000	1 375 000	3 100 000	11 402 000
Cost of Goods Sold	41 000	1 197 000	2 565 000	9 282 000
Salary Costs	4 000	32 000	710 000	243 000
Depreciation	4 000	5 000	5 000	1 000
Impairment	0	0	0	0
Expenditure	146 000	1 536 000	4 024 000	10 308 000
Operating Profit	−102 000	−161 000	−925 000	1 094 000
Financial Income	2 000	21 000	143 000	0
Financial Costs	18 000	21 000	245 000	18 000
Financial Balance	−16 000	0	−102 000	−18 000
Dividends	0	0	0	0
Net Income	−92 000	−125 000	−801 000	841 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	301 000	275 000	240 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	9 000	14 000
Total Tangible Assets	0	4 000	9 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	301 000	279 000	249 000	28 000
Stock	0	0	332 000	0
Total Investments	0	0	0	0
Cash, Bank	27 000	131 000	256 000	1 774 000
Total Current Assets	389 000	658 000	1 189 000	2 549 000
Total Assets	690 000	937 000	1 438 000	2 577 000
Total Equity	212 000	−65 000	60 000	861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−1 000	401 000	510 000	839 000
Unpaid Taxes	0	1 000	25 000	30 000
Dividends	0	0	0	0
Other Current Debt	478 000	600 000	843 000	599 000
Total Current Debt	478 000	1 002 000	1 378 000	1 716 000
Total Equity and Debt	690 000	937 000	1 438 000	2 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,4 %	192,31 %	−1 335 %	97,68 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	−237,21 %	−11,71 %	−29,84 %	9,59 %
Current Ratio	0,81	0,66	0,86	1,49
Quick Ratio	0,81	0,66	1,14	1,49
Equity Ratio	0,31	−0,07	0,04	0,33
Gross Profit Margin	4,65 %	12,95 %	17,26 %	18,59 %