FORENINGEN EKKO

5017 BERGEN

Finances

Share Ownership

Return on Equity

13,7 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 561 000	3 023 000	3 136 000	3 034 000
Net Income	113 000	273 000	34 000	−64 000
Total Assets	1 354 000	1 663 000	931 000	875 000
Total Equity	825 000	712 000	438 000	404 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 561 000	3 023 000	3 136 000	3 034 000
Expenditure	3 442 000	2 749 000	3 101 000	3 094 000
Operating Profit	119 000	274 000	35 000	−61 000
Financial Income	5 000	2 000	1 000	0
Financial Costs	11 000	3 000	2 000	3 000
Financial Balance	−6 000	−1 000	−1 000	−3 000
Earnings Before Tax	113 000	273 000	34 000	−64 000
Tax	0	0	0	0
Net Income	113 000	273 000	34 000	−64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	96 000	64 000	43 000
Total Current Assets	1 284 000	1 567 000	867 000	833 000
Total Assets	1 354 000	1 663 000	931 000	875 000
Total Retained Equity	775 000	662 000	388 000	354 000
Total Equity	825 000	712 000	438 000	404 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	529 000	951 000	493 000	471 000
Total Equity and Debt	1 354 000	1 663 000	931 000	875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	880 000	1 124 000	824 000	960 000
Other Income	2 682 000	1 899 000	2 313 000	2 073 000
Revenue	3 561 000	3 023 000	3 136 000	3 034 000
Cost of Goods Sold	1 852 000	1 704 000	1 833 000	1 816 000
Salary Costs	1 514 000	1 027 000	1 195 000	1 090 000
Depreciation	26 000	20 000	15 000	13 000
Impairment	0	0	0	0
Expenditure	3 442 000	2 749 000	3 101 000	3 094 000
Operating Profit	119 000	274 000	35 000	−61 000
Financial Income	5 000	2 000	1 000	0
Financial Costs	11 000	3 000	2 000	3 000
Financial Balance	−6 000	−1 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	113 000	273 000	34 000	−64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	60 000	25 000	17 000
Total Tangible Assets	35 000	60 000	25 000	17 000
Total Fiancial Fixed Assets	35 000	35 000	39 000	25 000
Total Fixed Assets	70 000	96 000	64 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 168 000	1 400 000	264 000	607 000
Total Current Assets	1 284 000	1 567 000	867 000	833 000
Total Assets	1 354 000	1 663 000	931 000	875 000
Total Equity	825 000	712 000	438 000	404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	67 000	98 000	62 000
Unpaid Taxes	119 000	61 000	83 000	118 000
Dividends	0	0	0	0
Other Current Debt	374 000	823 000	312 000	291 000
Total Current Debt	529 000	951 000	493 000	471 000
Total Equity and Debt	1 354 000	1 663 000	931 000	875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,7 %	38,34 %	7,76 %	−15,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,34 %	9,06 %	1,12 %	−2,01 %
Current Ratio	2,43	1,65	1,76	1,77
Quick Ratio	2,43	1,65	1,76	1,77
Equity Ratio	0,61	0,43	0,47	0,46
Gross Profit Margin	47,99 %	43,63 %	41,55 %	40,15 %