ECOFISHCIRCLE AS

4550 FARSUND

Finances

Return on Equity

−11,46 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 313 000	1 599 000	440 000	0
Net Income	−3 625 000	−1 255 000	−1 265 000	−707 000
Total Assets	40 832 000	21 525 000	10 776 000	1 817 000
Total Equity	31 645 000	16 712 000	7 038 000	152 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 313 000	1 599 000	440 000	0
Expenditure	7 951 000	3 375 000	2 083 000	849 000
Operating Profit	−5 415 000	−1 776 000	−1 643 000	−849 000
Financial Income	39 000	104 000	26 000	4 000
Financial Costs	183 000	172 000	5 000	65 000
Financial Balance	−144 000	−68 000	21 000	−61 000
Earnings Before Tax	−5 558 000	−1 844 000	−1 622 000	−910 000
Tax	−1 934 000	−589 000	−357 000	−202 000
Net Income	−3 625 000	−1 255 000	−1 265 000	−707 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 795 000	17 892 000	10 145 000	1 647 000
Total Current Assets	8 036 000	3 634 000	630 000	170 000
Total Assets	40 832 000	21 525 000	10 776 000	1 817 000
Total Retained Equity	−6 616 000	−2 991 000	−1 972 000	−707 000
Total Equity	31 645 000	16 712 000	7 038 000	152 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 187 000	4 814 000	3 737 000	1 665 000
Total Equity and Debt	40 832 000	21 525 000	10 776 000	1 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 313 000	1 399 000	240 000	0
Other Income	0	200 000	200 000	0
Revenue	2 313 000	1 599 000	440 000	0
Cost of Goods Sold	369 000	0	0	0
Salary Costs	4 156 000	2 225 000	601 000	0
Depreciation	32 000	12 000	0	0
Impairment	0	0	0	0
Expenditure	7 951 000	3 375 000	2 083 000	849 000
Operating Profit	−5 415 000	−1 776 000	−1 643 000	−849 000
Financial Income	39 000	104 000	26 000	4 000
Financial Costs	183 000	172 000	5 000	65 000
Financial Balance	−144 000	−68 000	21 000	−61 000
Dividends	0	0	0	0
Net Income	−3 625 000	−1 255 000	−1 265 000	−707 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 079 000	5 391 000	1 836 000	1 229 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	97 000	0	0	0
Fixtures	47 000	52 000	0	0
Total Tangible Assets	144 000	52 000	0	0
Total Fiancial Fixed Assets	16 572 000	12 449 000	8 309 000	418 000
Total Fixed Assets	32 795 000	17 892 000	10 145 000	1 647 000
Stock	305 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 647 000	2 122 000	577 000	128 000
Total Current Assets	8 036 000	3 634 000	630 000	170 000
Total Assets	40 832 000	21 525 000	10 776 000	1 817 000
Total Equity	31 645 000	16 712 000	7 038 000	152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 529 000	659 000	126 000	232 000
Unpaid Taxes	437 000	205 000	86 000	0
Dividends	0	0	0	0
Other Current Debt	7 221 000	3 950 000	3 526 000	1 433 000
Total Current Debt	9 187 000	4 814 000	3 737 000	1 665 000
Total Equity and Debt	40 832 000	21 525 000	10 776 000	1 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,46 %	−7,51 %	−17,97 %	−465,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−234,11 %	−111,07 %	−373,41 %	-
Current Ratio	0,87	0,75	0,17	0,1
Quick Ratio	0,9	0,75	0,17	0,1
Equity Ratio	0,78	0,78	0,65	0,08
Gross Profit Margin	84,05 %	100 %	100 %	-