ELECTRONIC CHART CENTRE AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

92,05 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 754 000	33 406 000	31 763 000	28 804 000
Net Income	6 343 000	5 376 000	5 175 000	−855 000
Total Assets	19 485 000	17 834 000	16 261 000	10 535 000
Total Equity	6 891 000	5 940 000	5 671 000	4 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 754 000	33 406 000	31 763 000	28 804 000
Expenditure	30 418 000	27 929 000	26 568 000	29 647 000
Operating Profit	6 336 000	5 477 000	5 194 000	−842 000
Financial Income	28 000	87 000	1 000	3 000
Financial Costs	21 000	188 000	21 000	15 000
Financial Balance	7 000	−101 000	−20 000	−12 000
Earnings Before Tax	6 343 000	5 376 000	5 175 000	−855 000
Tax	0	0	0	0
Net Income	6 343 000	5 376 000	5 175 000	−855 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 760 000	3 820 000	3 818 000	3 779 000
Total Current Assets	15 725 000	14 014 000	12 444 000	6 756 000
Total Assets	19 485 000	17 834 000	16 261 000	10 535 000
Total Retained Equity	1 636 000	685 000	416 000	−631 000
Total Equity	6 891 000	5 940 000	5 671 000	4 624 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 594 000	11 894 000	10 590 000	5 910 000
Total Equity and Debt	19 485 000	17 834 000	16 261 000	10 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 754 000	33 406 000	31 763 000	28 804 000
Other Income	0	0	0	0
Revenue	36 754 000	33 406 000	31 763 000	28 804 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 358 000	21 755 000	21 526 000	23 760 000
Depreciation	204 000	160 000	157 000	187 000
Impairment	0	0	0	0
Expenditure	30 418 000	27 929 000	26 568 000	29 647 000
Operating Profit	6 336 000	5 477 000	5 194 000	−842 000
Financial Income	28 000	87 000	1 000	3 000
Financial Costs	21 000	188 000	21 000	15 000
Financial Balance	7 000	−101 000	−20 000	−12 000
Dividends	5 391 000	5 107 000	4 128 000	0
Net Income	6 343 000	5 376 000	5 175 000	−855 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 100 000	3 100 000	3 100 000	3 100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	660 000	720 000	718 000	679 000
Total Tangible Assets	660 000	720 000	718 000	679 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 760 000	3 820 000	3 818 000	3 779 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 156 000	11 967 000	11 367 000	5 697 000
Total Current Assets	15 725 000	14 014 000	12 444 000	6 756 000
Total Assets	19 485 000	17 834 000	16 261 000	10 535 000
Total Equity	6 891 000	5 940 000	5 671 000	4 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	888 000	871 000	465 000	555 000
Unpaid Taxes	3 513 000	3 079 000	3 034 000	2 739 000
Dividends	5 391 000	5 107 000	4 128 000	0
Other Current Debt	2 802 000	2 837 000	2 963 000	2 616 000
Total Current Debt	12 594 000	11 894 000	10 590 000	5 910 000
Total Equity and Debt	19 485 000	17 834 000	16 261 000	10 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,05 %	90,51 %	91,25 %	−18,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,24 %	16,4 %	16,35 %	−2,92 %
Current Ratio	1,25	1,18	1,18	1,14
Quick Ratio	1,25	1,18	1,18	1,14
Equity Ratio	0,35	0,33	0,35	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %