ECOTEQ ENERGY ASA

0353 OSLO

Finances

Share Ownership

Return on Equity

977,55 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	211 000	219 000	204 000
Net Income	−3 832 000	7 495 000	−3 737 000	−6 299 000
Total Assets	394 000	53 000	255 000	653 000
Total Equity	−392 000	−20 862 000	−28 271 000	−24 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	211 000	219 000	204 000
Expenditure	2 314 000	1 848 000	2 723 000	2 473 000
Operating Profit	−2 174 000	−1 637 000	−2 504 000	−2 269 000
Financial Income	0	10 896 000	260 000	124 000
Financial Costs	1 658 000	1 632 000	1 724 000	4 118 000
Financial Balance	−1 658 000	9 264 000	−1 464 000	−3 994 000
Earnings Before Tax	−3 832 000	7 627 000	−3 968 000	−6 263 000
Tax	0	132 000	0	−73 000
Net Income	−3 832 000	7 495 000	−3 737 000	−6 299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	394 000	53 000	255 000	653 000
Total Assets	394 000	53 000	255 000	653 000
Total Retained Equity	−1 500 240 000	−1 496 581 000	−1 503 990 000	−1 500 254 000
Total Equity	−392 000	−20 862 000	−28 271 000	−24 535 000
Total Long-Term Debt	0	0	0	13 599 000
Total Current Debt	785 000	20 915 000	28 526 000	11 589 000
Total Equity and Debt	393 000	53 000	255 000	653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 000	211 000	219 000	204 000
Other Income	0	0	0	0
Revenue	140 000	211 000	219 000	204 000
Cost of Goods Sold	0	0	0	0
Salary Costs	362 000	359 000	363 000	357 000
Depreciation	0	0	0	0
Impairment	342 000	0	0	0
Expenditure	2 314 000	1 848 000	2 723 000	2 473 000
Operating Profit	−2 174 000	−1 637 000	−2 504 000	−2 269 000
Financial Income	0	10 896 000	260 000	124 000
Financial Costs	1 658 000	1 632 000	1 724 000	4 118 000
Financial Balance	−1 658 000	9 264 000	−1 464 000	−3 994 000
Dividends	0	0	0	0
Net Income	−3 832 000	7 495 000	−3 737 000	−6 299 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	16 000	18 000	5 000
Total Current Assets	394 000	53 000	255 000	653 000
Total Assets	394 000	53 000	255 000	653 000
Total Equity	−392 000	−20 862 000	−28 271 000	−24 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	13 599 000
Creditors	719 000	332 000	10 264 000	10 200 000
Unpaid Taxes	18 000	19 000	19 000	0
Dividends	0	0	0	0
Other Current Debt	48 000	946 000	1 497 000	1 389 000
Total Current Debt	785 000	20 915 000	28 526 000	11 589 000
Total Equity and Debt	393 000	53 000	255 000	653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	977,55 %	−35,93 %	13,22 %	25,67 %
Debt-to-Equity Ratio	−0	−0	−0	−0,55
Operating Profit Margin	−1 552,86 %	−775,83 %	−1 143,38 %	−1 112,25 %
Current Ratio	0,5	0	0,01	0,06
Quick Ratio	0,5	0	0,01	0,06
Equity Ratio	−0,99	−393,62	−110,87	−37,57
Gross Profit Margin	100 %	100 %	100 %	100 %