ECOFUEL AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−412,95 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 027 000	0	−63 000	50 000
Net Income	2 965 000	2 000	−1 287 000	−1 377 000
Total Assets	338 000	755 000	752 000	2 587 000
Total Equity	−718 000	−10 153 000	−10 155 000	−10 866 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 027 000	0	−63 000	50 000
Expenditure	376 000	2 000	1 013 000	151 000
Operating Profit	3 652 000	−2 000	−1 076 000	−101 000
Financial Income	0	0	1 000 000	0
Financial Costs	12 000	−5 000	0	112 000
Financial Balance	−12 000	5 000	1 000 000	−112 000
Earnings Before Tax	3 640 000	3 000	−76 000	−213 000
Tax	676 000	1 000	1 211 000	1 164 000
Net Income	2 965 000	2 000	−1 287 000	−1 377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	676 000	676 000	2 448 000
Total Current Assets	283 000	80 000	76 000	139 000
Total Assets	338 000	755 000	752 000	2 587 000
Total Retained Equity	−10 521 000	−13 486 000	−13 488 000	−12 200 000
Total Equity	−718 000	−10 153 000	−10 155 000	−10 866 000
Total Long-Term Debt	0	1 550 000	1 550 000	4 573 000
Total Current Debt	1 055 000	9 358 000	9 357 000	8 880 000
Total Equity and Debt	338 000	755 000	752 000	2 587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	50 000
Other Income	4 027 000	0	−63 000	0
Revenue	4 027 000	0	−63 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	238 000	0	0	0
Depreciation	0	0	561 000	0
Impairment	0	0	0	0
Expenditure	376 000	2 000	1 013 000	151 000
Operating Profit	3 652 000	−2 000	−1 076 000	−101 000
Financial Income	0	0	1 000 000	0
Financial Costs	12 000	−5 000	0	112 000
Financial Balance	−12 000	5 000	1 000 000	−112 000
Dividends	0	0	0	0
Net Income	2 965 000	2 000	−1 287 000	−1 377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	676 000	676 000	1 887 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	561 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	561 000
Total Fiancial Fixed Assets	55 000	0	0	0
Total Fixed Assets	55 000	676 000	676 000	2 448 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	283 000	39 000	35 000	35 000
Total Current Assets	283 000	80 000	76 000	139 000
Total Assets	338 000	755 000	752 000	2 587 000
Total Equity	−718 000	−10 153 000	−10 155 000	−10 866 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 550 000	1 550 000	4 573 000
Creditors	72 000	6 333 000	6 847 000	6 313 000
Unpaid Taxes	449 000	−280 000	−777 000	−718 000
Dividends	0	0	0	0
Other Current Debt	535 000	3 305 000	3 288 000	3 285 000
Total Current Debt	1 055 000	9 358 000	9 357 000	8 880 000
Total Equity and Debt	338 000	755 000	752 000	2 587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−412,95 %	−0,02 %	12,67 %	12,67 %
Debt-to-Equity Ratio	−0	−0,15	−0,15	−0,42
Operating Profit Margin	90,69 %	-	1 707,94 %	−202 %
Current Ratio	0,27	0,01	0,01	0,02
Quick Ratio	0,27	0,01	0,01	0,02
Equity Ratio	−2,12	−13,45	−13,5	−4,2
Gross Profit Margin	100 %	-	100 %	100 %