EICO AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

18,38 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 397 000	28 322 000	20 464 000	17 380 000
Net Income	594 000	904 000	720 000	425 000
Total Assets	6 571 000	6 719 000	4 775 000	2 808 000
Total Equity	3 232 000	2 638 000	1 734 000	1 014 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 397 000	28 322 000	20 464 000	17 380 000
Expenditure	27 631 000	27 113 000	19 520 000	16 821 000
Operating Profit	765 000	1 210 000	943 000	559 000
Financial Income	58 000	0	12 000	14 000
Financial Costs	18 000	22 000	1 000	0
Financial Balance	40 000	−22 000	11 000	14 000
Earnings Before Tax	806 000	1 187 000	955 000	574 000
Tax	212 000	283 000	234 000	148 000
Net Income	594 000	904 000	720 000	425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	107 000	90 000	317 000
Total Current Assets	6 492 000	6 612 000	4 685 000	2 492 000
Total Assets	6 571 000	6 719 000	4 775 000	2 808 000
Total Retained Equity	3 132 000	2 538 000	1 634 000	914 000
Total Equity	3 232 000	2 638 000	1 734 000	1 014 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 339 000	4 081 000	3 041 000	1 795 000
Total Equity and Debt	6 571 000	6 719 000	4 775 000	2 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 397 000	28 322 000	20 464 000	17 380 000
Other Income	0	0	0	0
Revenue	28 397 000	28 322 000	20 464 000	17 380 000
Cost of Goods Sold	18 441 000	19 503 000	12 945 000	9 813 000
Salary Costs	3 436 000	2 946 000	2 239 000	2 716 000
Depreciation	22 000	10 000	268 000	171 000
Impairment	0	0	0	0
Expenditure	27 631 000	27 113 000	19 520 000	16 821 000
Operating Profit	765 000	1 210 000	943 000	559 000
Financial Income	58 000	0	12 000	14 000
Financial Costs	18 000	22 000	1 000	0
Financial Balance	40 000	−22 000	11 000	14 000
Dividends	0	0	0	0
Net Income	594 000	904 000	720 000	425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	264 000
Total Intangible Assets	45 000	66 000	80 000	309 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	41 000	11 000	8 000
Total Tangible Assets	33 000	41 000	11 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	107 000	90 000	317 000
Stock	42 000	27 000	55 000	54 000
Total Investments	0	0	0	0
Cash, Bank	383 000	1 552 000	1 577 000	1 195 000
Total Current Assets	6 492 000	6 612 000	4 685 000	2 492 000
Total Assets	6 571 000	6 719 000	4 775 000	2 808 000
Total Equity	3 232 000	2 638 000	1 734 000	1 014 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 634 000	2 378 000	1 589 000	565 000
Unpaid Taxes	983 000	926 000	787 000	637 000
Dividends	0	0	0	0
Other Current Debt	531 000	508 000	396 000	398 000
Total Current Debt	3 339 000	4 081 000	3 041 000	1 795 000
Total Equity and Debt	6 571 000	6 719 000	4 775 000	2 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,38 %	34,27 %	41,52 %	41,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,69 %	4,27 %	4,61 %	3,22 %
Current Ratio	1,94	1,62	1,54	1,39
Quick Ratio	1,97	1,63	1,57	1,43
Equity Ratio	0,49	0,39	0,36	0,36
Gross Profit Margin	35,06 %	31,14 %	36,74 %	43,54 %