ECREDIT AS

5067 BERGEN

Finances

Share Ownership

Return on Equity

15,83 %

Current Ratio

0,2

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	814 000	781 000	825 000	290 000
Net Income	442 000	251 000	291 000	−646 000
Total Assets	4 423 000	4 419 000	4 559 000	4 778 000
Total Equity	2 793 000	2 351 000	1 956 000	1 665 000

Income (NOK)	2022	2021	2020	2019
Revenue	814 000	781 000	825 000	290 000
Expenditure	233 000	427 000	409 000	1 089 000
Operating Profit	582 000	355 000	416 000	−799 000
Financial Income	8 000	0	0	0
Financial Costs	23 000	33 000	43 000	30 000
Financial Balance	−15 000	−33 000	−43 000	−30 000
Earnings Before Tax	566 000	322 000	373 000	−829 000
Tax	125 000	71 000	82 000	−182 000
Net Income	442 000	251 000	291 000	−646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 141 000	4 224 000	4 309 000	4 395 000
Total Current Assets	281 000	195 000	250 000	383 000
Total Assets	4 423 000	4 419 000	4 559 000	4 778 000
Total Retained Equity	1 506 000	1 064 000	813 000	522 000
Total Equity	2 793 000	2 351 000	1 956 000	1 665 000
Total Long-Term Debt	217 000	212 000	2 496 000	2 935 000
Total Current Debt	1 413 000	1 855 000	106 000	178 000
Total Equity and Debt	4 423 000	4 419 000	4 559 000	4 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	814 000	781 000	825 000	290 000
Revenue	814 000	781 000	825 000	290 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	83 000	85 000	86 000	89 000
Impairment	0	0	0	0
Expenditure	233 000	427 000	409 000	1 089 000
Operating Profit	582 000	355 000	416 000	−799 000
Financial Income	8 000	0	0	0
Financial Costs	23 000	33 000	43 000	30 000
Financial Balance	−15 000	−33 000	−43 000	−30 000
Dividends	0	0	0	0
Net Income	442 000	251 000	291 000	−646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	75 000	75 000	75 000
Real Eastate	4 066 000	4 149 000	4 234 000	4 320 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 066 000	4 149 000	4 234 000	4 320 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 141 000	4 224 000	4 309 000	4 395 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	22 000	74 000	70 000
Total Current Assets	281 000	195 000	250 000	383 000
Total Assets	4 423 000	4 419 000	4 559 000	4 778 000
Total Equity	2 793 000	2 351 000	1 956 000	1 665 000
Short-Term Group Debt	1 151 000	1 752 000	0	0
Total Long-Term Debt	217 000	212 000	2 496 000	2 935 000
Creditors	9 000	2 000	42 000	0
Unpaid Taxes	63 000	15 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	70 000	87 000	60 000	178 000
Total Current Debt	1 413 000	1 855 000	106 000	178 000
Total Equity and Debt	4 423 000	4 419 000	4 559 000	4 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,83 %	10,68 %	14,88 %	−38,8 %
Debt-to-Equity Ratio	0,08	0,09	1,28	1,76
Operating Profit Margin	71,5 %	45,45 %	50,42 %	−275,52 %
Current Ratio	0,2	0,11	2,36	2,15
Quick Ratio	0,2	0,11	2,36	2,15
Equity Ratio	0,63	0,53	0,43	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %