ECOVIS ACCOUNTING NORWAY AS

1516 MOSS

Finances

Share Ownership

Return on Equity

5 536,67 %

Current Ratio

1,08

Debt-to-Equity Ratio

6,87

Key figures (NOK)	2022	2021	2020
Revenue	4 183 000	1 806 000	116 000
Net Income	1 661 000	395 000	−151 000
Total Assets	3 320 000	901 000	282 000
Total Equity	30 000	30 000	−127 000

Income (NOK)	2022	2021	2020
Revenue	4 183 000	1 806 000	116 000
Expenditure	2 052 000	1 300 000	308 000
Operating Profit	2 131 000	506 000	−192 000
Financial Income	1 000	0	0
Financial Costs	3 000	0	1 000
Financial Balance	−2 000	0	−1 000
Earnings Before Tax	2 129 000	507 000	−194 000
Tax	468 000	111 000	−43 000
Net Income	1 661 000	395 000	−151 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	43 000
Total Current Assets	3 320 000	901 000	240 000
Total Assets	3 320 000	901 000	282 000
Total Retained Equity	0	0	−151 000
Total Equity	30 000	30 000	−127 000
Total Long-Term Debt	206 000	281 000	0
Total Current Debt	3 084 000	589 000	409 000
Total Equity and Debt	3 320 000	901 000	282 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 183 000	1 806 000	116 000
Other Income	0	0	0
Revenue	4 183 000	1 806 000	116 000
Cost of Goods Sold	29 000	0	0
Salary Costs	1 598 000	1 010 000	249 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 052 000	1 300 000	308 000
Operating Profit	2 131 000	506 000	−192 000
Financial Income	1 000	0	0
Financial Costs	3 000	0	1 000
Financial Balance	−2 000	0	−1 000
Dividends	1 661 000	239 000	0
Net Income	1 661 000	395 000	−151 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	43 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	43 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 805 000	641 000	172 000
Total Current Assets	3 320 000	901 000	240 000
Total Assets	3 320 000	901 000	282 000
Total Equity	30 000	30 000	−127 000
Short-Term Group Debt	0	0	301 000
Total Long-Term Debt	206 000	281 000	0
Creditors	21 000	4 000	13 000
Unpaid Taxes	203 000	94 000	59 000
Dividends	1 661 000	239 000	0
Other Current Debt	731 000	184 000	36 000
Total Current Debt	3 084 000	589 000	409 000
Total Equity and Debt	3 320 000	901 000	282 000

Financial indicators	2022	2021	2020
Return on Equity	5 536,67 %	1 316,67 %	118,9 %
Debt-to-Equity Ratio	6,87	9,37	−0
Operating Profit Margin	50,94 %	28,02 %	−165,52 %
Current Ratio	1,08	1,53	0,59
Quick Ratio	1,08	1,53	0,59
Equity Ratio	0,01	0,03	−0,45
Gross Profit Margin	99,31 %	100 %	100 %