ECON EIENDOMSUTVIKLING AS

3172 VEAR

Finances

Share Ownership

Return on Equity

−183,2 %

Current Ratio

0,84

Debt-to-Equity Ratio

34,58

Key figures (NOK)	2022	2021	2020
Revenue	553 000	101 000	0
Net Income	−698 000	−196 000	−11 000
Total Assets	14 594 000	12 487 000	2 299 000
Total Equity	381 000	1 079 000	1 275 000

Income (NOK)	2022	2021	2020
Revenue	553 000	101 000	0
Expenditure	783 000	167 000	9 000
Operating Profit	−230 000	−67 000	−9 000
Financial Income	0	0	0
Financial Costs	469 000	129 000	2 000
Financial Balance	−469 000	−129 000	−2 000
Earnings Before Tax	−698 000	−196 000	−11 000
Tax	0	0	0
Net Income	−698 000	−196 000	−11 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 722 000	11 272 000	1 889 000
Total Current Assets	872 000	1 215 000	410 000
Total Assets	14 594 000	12 487 000	2 299 000
Total Retained Equity	−905 000	−207 000	−11 000
Total Equity	381 000	1 079 000	1 275 000
Total Long-Term Debt	13 174 000	9 979 000	652 000
Total Current Debt	1 039 000	1 429 000	371 000
Total Equity and Debt	14 594 000	12 487 000	2 299 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	553 000	101 000	0
Revenue	553 000	101 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	351 000	58 000	0
Impairment	0	0	0
Expenditure	783 000	167 000	9 000
Operating Profit	−230 000	−67 000	−9 000
Financial Income	0	0	0
Financial Costs	469 000	129 000	2 000
Financial Balance	−469 000	−129 000	−2 000
Dividends	0	0	0
Net Income	−698 000	−196 000	−11 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	13 077 000	11 216 000	1 889 000
Machinery and Plant Facilities	0	0	0
Fixtures	644 000	55 000	0
Total Tangible Assets	13 722 000	11 272 000	1 889 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	13 722 000	11 272 000	1 889 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	733 000	842 000	410 000
Total Current Assets	872 000	1 215 000	410 000
Total Assets	14 594 000	12 487 000	2 299 000
Total Equity	381 000	1 079 000	1 275 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	13 174 000	9 979 000	652 000
Creditors	933 000	1 336 000	371 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	106 000	93 000	0
Total Current Debt	1 039 000	1 429 000	371 000
Total Equity and Debt	14 594 000	12 487 000	2 299 000

Financial indicators	2022	2021	2020
Return on Equity	−183,2 %	−18,16 %	−0,86 %
Debt-to-Equity Ratio	34,58	9,25	0,51
Operating Profit Margin	−41,59 %	−66,34 %	-
Current Ratio	0,84	0,85	1,11
Quick Ratio	0,84	0,85	1,11
Equity Ratio	0,03	0,09	0,55
Gross Profit Margin	100 %	100 %	-