ECANH AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

6,37 %

Current Ratio

0,24

Debt-to-Equity Ratio

4,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 216 000	632 000	1 278 000	588 000
Net Income	96 000	105 000	274 000	164 000
Total Assets	8 497 000	8 444 000	6 167 000	5 829 000
Total Equity	1 508 000	1 412 000	1 307 000	1 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 216 000	632 000	1 278 000	588 000
Expenditure	899 000	441 000	858 000	275 000
Operating Profit	317 000	192 000	420 000	314 000
Financial Income	0	0	0	0
Financial Costs	194 000	57 000	69 000	103 000
Financial Balance	−194 000	−57 000	−69 000	−103 000
Earnings Before Tax	123 000	135 000	351 000	211 000
Tax	27 000	30 000	77 000	46 000
Net Income	96 000	105 000	274 000	164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 360 000	8 360 000	5 449 000	5 449 000
Total Current Assets	137 000	84 000	718 000	380 000
Total Assets	8 497 000	8 444 000	6 167 000	5 829 000
Total Retained Equity	908 000	812 000	707 000	434 000
Total Equity	1 508 000	1 412 000	1 307 000	1 034 000
Total Long-Term Debt	6 407 000	6 445 000	3 960 000	4 437 000
Total Current Debt	581 000	587 000	900 000	358 000
Total Equity and Debt	8 497 000	8 444 000	6 167 000	5 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	696 000	279 000	953 000	255 000
Other Income	520 000	353 000	325 000	333 000
Revenue	1 216 000	632 000	1 278 000	588 000
Cost of Goods Sold	76 000	6 000	0	33 000
Salary Costs	269 000	183 000	331 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	899 000	441 000	858 000	275 000
Operating Profit	317 000	192 000	420 000	314 000
Financial Income	0	0	0	0
Financial Costs	194 000	57 000	69 000	103 000
Financial Balance	−194 000	−57 000	−69 000	−103 000
Dividends	0	0	0	0
Net Income	96 000	105 000	274 000	164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 360 000	8 360 000	5 449 000	5 449 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 360 000	8 360 000	5 449 000	5 449 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 360 000	8 360 000	5 449 000	5 449 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	83 000	718 000	343 000
Total Current Assets	137 000	84 000	718 000	380 000
Total Assets	8 497 000	8 444 000	6 167 000	5 829 000
Total Equity	1 508 000	1 412 000	1 307 000	1 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 407 000	6 445 000	3 960 000	4 437 000
Creditors	0	0	306 000	0
Unpaid Taxes	75 000	79 000	66 000	34 000
Dividends	0	0	0	0
Other Current Debt	479 000	471 000	451 000	278 000
Total Current Debt	581 000	587 000	900 000	358 000
Total Equity and Debt	8 497 000	8 444 000	6 167 000	5 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,37 %	7,44 %	20,96 %	15,86 %
Debt-to-Equity Ratio	4,25	4,56	3,03	4,29
Operating Profit Margin	26,07 %	30,38 %	32,86 %	53,4 %
Current Ratio	0,24	0,14	0,8	1,06
Quick Ratio	0,24	0,14	0,8	1,06
Equity Ratio	0,18	0,17	0,21	0,18
Gross Profit Margin	93,75 %	99,05 %	100 %	94,39 %