ENERGY CREATIVE GROUP AS

7030 TRONDHEIM

Finances

Share Ownership

Return on Equity

351,94 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 169 000	8 638 000	8 045 000	8 065 000
Net Income	3 090 000	1 545 000	808 000	1 374 000
Total Assets	7 011 000	5 226 000	4 249 000	5 309 000
Total Equity	878 000	3 075 000	1 530 000	1 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 169 000	8 638 000	8 045 000	8 065 000
Expenditure	5 206 000	6 659 000	7 011 000	6 307 000
Operating Profit	3 962 000	1 980 000	1 034 000	1 758 000
Financial Income	0	1 000	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	4 000
Earnings Before Tax	3 962 000	1 981 000	1 035 000	1 762 000
Tax	872 000	436 000	228 000	388 000
Net Income	3 090 000	1 545 000	808 000	1 374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	148 000	23 000	284 000
Total Current Assets	6 865 000	5 078 000	4 225 000	5 025 000
Total Assets	7 011 000	5 226 000	4 249 000	5 309 000
Total Retained Equity	5 000	1 547 000	2 000	1 000
Total Equity	878 000	3 075 000	1 530 000	1 530 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 133 000	2 151 000	2 719 000	3 780 000
Total Equity and Debt	7 011 000	5 226 000	4 249 000	5 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 169 000	8 772 000	7 904 000	8 065 000
Other Income	0	−134 000	142 000	0
Revenue	9 169 000	8 638 000	8 045 000	8 065 000
Cost of Goods Sold	899 000	44 000	111 000	153 000
Salary Costs	3 721 000	5 710 000	5 939 000	4 782 000
Depreciation	0	0	0	12 000
Impairment	0	0	0	0
Expenditure	5 206 000	6 659 000	7 011 000	6 307 000
Operating Profit	3 962 000	1 980 000	1 034 000	1 758 000
Financial Income	0	1 000	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	4 000
Dividends	3 970 000	0	807 000	2 075 000
Net Income	3 090 000	1 545 000	808 000	1 374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	5 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	19 000	19 000	19 000
Total Tangible Assets	19 000	19 000	19 000	19 000
Total Fiancial Fixed Assets	126 000	126 000	0	256 000
Total Fixed Assets	145 000	148 000	23 000	284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 123 000	3 380 000	2 417 000	4 670 000
Total Current Assets	6 865 000	5 078 000	4 225 000	5 025 000
Total Assets	7 011 000	5 226 000	4 249 000	5 309 000
Total Equity	878 000	3 075 000	1 530 000	1 530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	9 000	17 000	226 000
Unpaid Taxes	970 000	1 108 000	1 050 000	632 000
Dividends	3 970 000	0	807 000	2 075 000
Other Current Debt	314 000	600 000	622 000	460 000
Total Current Debt	6 133 000	2 151 000	2 719 000	3 780 000
Total Equity and Debt	7 011 000	5 226 000	4 249 000	5 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	351,94 %	50,24 %	52,81 %	89,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,21 %	22,92 %	12,85 %	21,8 %
Current Ratio	1,12	2,36	1,55	1,33
Quick Ratio	1,12	2,36	1,55	1,33
Equity Ratio	0,13	0,59	0,36	0,29
Gross Profit Margin	90,2 %	99,49 %	98,62 %	98,1 %