EKVANO AS

6055 GODØYA

Finances

Share Ownership

Return on Equity

2,84 %

Current Ratio

1,48

Debt-to-Equity Ratio

2,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	920 000	861 000	535 000	81 000
Net Income	95 000	53 000	43 000	28 000
Total Assets	11 765 000	11 483 000	8 877 000	3 528 000
Total Equity	3 345 000	3 250 000	2 018 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	920 000	861 000	535 000	81 000
Expenditure	360 000	616 000	341 000	45 000
Operating Profit	560 000	246 000	194 000	36 000
Financial Income	0	0	0	0
Financial Costs	436 000	166 000	139 000	0
Financial Balance	−436 000	−166 000	−139 000	0
Earnings Before Tax	123 000	79 000	55 000	36 000
Tax	28 000	26 000	12 000	8 000
Net Income	95 000	53 000	43 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 586 000	11 131 000	8 637 000	3 499 000
Total Current Assets	180 000	352 000	240 000	30 000
Total Assets	11 765 000	11 483 000	8 877 000	3 528 000
Total Retained Equity	2 345 000	2 250 000	1 018 000	28 000
Total Equity	3 345 000	3 250 000	2 018 000	58 000
Total Long-Term Debt	8 298 000	8 156 000	6 697 000	3 450 000
Total Current Debt	122 000	77 000	162 000	20 000
Total Equity and Debt	11 765 000	11 483 000	8 877 000	3 528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	861 000	535 000	81 000
Other Income	915 000	0	0	0
Revenue	920 000	861 000	535 000	81 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	50 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	360 000	616 000	341 000	45 000
Operating Profit	560 000	246 000	194 000	36 000
Financial Income	0	0	0	0
Financial Costs	436 000	166 000	139 000	0
Financial Balance	−436 000	−166 000	−139 000	0
Dividends	0	0	0	0
Net Income	95 000	53 000	43 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 534 000	11 081 000	8 637 000	3 499 000
Machinery and Plant Facilities	12 000	12 000	0	0
Fixtures	39 000	38 000	0	0
Total Tangible Assets	11 586 000	11 131 000	8 637 000	3 499 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 586 000	11 131 000	8 637 000	3 499 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	232 000	203 000	0
Total Current Assets	180 000	352 000	240 000	30 000
Total Assets	11 765 000	11 483 000	8 877 000	3 528 000
Total Equity	3 345 000	3 250 000	2 018 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 298 000	8 156 000	6 697 000	3 450 000
Creditors	85 000	51 000	145 000	12 000
Unpaid Taxes	0	0	5 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	122 000	77 000	162 000	20 000
Total Equity and Debt	11 765 000	11 483 000	8 877 000	3 528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,84 %	1,63 %	2,13 %	48,28 %
Debt-to-Equity Ratio	2,48	2,51	3,32	59,48
Operating Profit Margin	60,87 %	28,57 %	36,26 %	44,44 %
Current Ratio	1,48	4,57	1,48	1,5
Quick Ratio	1,48	4,57	1,48	1,5
Equity Ratio	0,28	0,28	0,23	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %