ECEM AS

4021 STAVANGER

Finances

Return on Equity

44,08 %

Current Ratio

7,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	6 781 000	1 419 000	12 605 000	1 207 000
Total Assets	16 916 000	8 604 000	19 185 000	7 085 000
Total Equity	15 385 000	8 604 000	7 185 000	7 081 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	45 000	28 000	31 000	32 000
Operating Profit	−45 000	−28 000	−31 000	−32 000
Financial Income	8 375 000	1 451 000	12 620 000	1 238 000
Financial Costs	8 000	0	0	0
Financial Balance	8 367 000	1 451 000	12 620 000	1 238 000
Earnings Before Tax	8 323 000	1 423 000	12 589 000	1 207 000
Tax	1 542 000	4 000	−15 000	0
Net Income	6 781 000	1 419 000	12 605 000	1 207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 280 000	5 299 000	5 244 000	5 229 000
Total Current Assets	11 636 000	3 305 000	13 942 000	1 856 000
Total Assets	16 916 000	8 604 000	19 185 000	7 085 000
Total Retained Equity	15 277 000	8 496 000	7 077 000	6 972 000
Total Equity	15 385 000	8 604 000	7 185 000	7 081 000
Total Long-Term Debt	9 000	0	0	0
Total Current Debt	1 522 000	0	12 000 000	4 000
Total Equity and Debt	16 916 000	8 604 000	19 185 000	7 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	28 000	31 000	32 000
Operating Profit	−45 000	−28 000	−31 000	−32 000
Financial Income	8 375 000	1 451 000	12 620 000	1 238 000
Financial Costs	8 000	0	0	0
Financial Balance	8 367 000	1 451 000	12 620 000	1 238 000
Dividends	0	0	12 500 000	0
Net Income	6 781 000	1 419 000	12 605 000	1 207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	11 000	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 280 000	5 288 000	5 229 000	5 229 000
Total Fixed Assets	5 280 000	5 299 000	5 244 000	5 229 000
Stock	0	0	0	0
Total Investments	0	0	40 000	39 000
Cash, Bank	3 276 000	2 285 000	1 289 000	1 818 000
Total Current Assets	11 636 000	3 305 000	13 942 000	1 856 000
Total Assets	16 916 000	8 604 000	19 185 000	7 085 000
Total Equity	15 385 000	8 604 000	7 185 000	7 081 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	0	0	0
Creditors	0	0	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	12 500 000	0
Other Current Debt	0	0	0	0
Total Current Debt	1 522 000	0	12 000 000	4 000
Total Equity and Debt	16 916 000	8 604 000	19 185 000	7 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,08 %	16,49 %	175,43 %	17,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	7,65	-	1,16	464
Quick Ratio	7,65	-	1,16	464
Equity Ratio	0,91	1	0,37	1
Gross Profit Margin	-	-	-	-