EKOTUNINGCOM AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

304,9 %

Current Ratio

0,44

Debt-to-Equity Ratio

−1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 154 000	8 372 000	5 978 000	4 101 000
Net Income	−1 244 000	20 000	111 000	621 000
Total Assets	1 753 000	2 885 000	2 579 000	1 522 000
Total Equity	−408 000	836 000	816 000	705 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 154 000	8 372 000	5 978 000	4 101 000
Expenditure	8 298 000	8 345 000	5 810 000	3 485 000
Operating Profit	−1 145 000	27 000	168 000	616 000
Financial Income	24 000	15 000	16 000	23 000
Financial Costs	146 000	16 000	42 000	17 000
Financial Balance	−122 000	−1 000	−26 000	6 000
Earnings Before Tax	−1 267 000	26 000	142 000	622 000
Tax	−23 000	6 000	31 000	1 000
Net Income	−1 244 000	20 000	111 000	621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	983 000	1 441 000	1 647 000	750 000
Total Current Assets	769 000	1 444 000	932 000	773 000
Total Assets	1 753 000	2 885 000	2 579 000	1 522 000
Total Retained Equity	−762 000	482 000	462 000	351 000
Total Equity	−408 000	836 000	816 000	705 000
Total Long-Term Debt	417 000	570 000	660 000	1 000
Total Current Debt	1 743 000	1 479 000	1 103 000	816 000
Total Equity and Debt	1 753 000	2 885 000	2 579 000	1 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 154 000	8 091 000	5 735 000	4 101 000
Other Income	0	280 000	243 000	0
Revenue	7 154 000	8 372 000	5 978 000	4 101 000
Cost of Goods Sold	2 749 000	2 500 000	2 176 000	890 000
Salary Costs	3 415 000	3 529 000	1 148 000	1 046 000
Depreciation	205 000	190 000	121 000	21 000
Impairment	0	0	0	0
Expenditure	8 298 000	8 345 000	5 810 000	3 485 000
Operating Profit	−1 145 000	27 000	168 000	616 000
Financial Income	24 000	15 000	16 000	23 000
Financial Costs	146 000	16 000	42 000	17 000
Financial Balance	−122 000	−1 000	−26 000	6 000
Dividends	0	0	0	0
Net Income	−1 244 000	20 000	111 000	621 000

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	392 000
Fixtures	532 000	715 000	738 000	12 000
Total Tangible Assets	532 000	715 000	738 000	404 000
Total Fiancial Fixed Assets	452 000	726 000	909 000	346 000
Total Fixed Assets	983 000	1 441 000	1 647 000	750 000
Stock	0	0	141 000	140 000
Total Investments	0	0	0	0
Cash, Bank	193 000	270 000	149 000	97 000
Total Current Assets	769 000	1 444 000	932 000	773 000
Total Assets	1 753 000	2 885 000	2 579 000	1 522 000
Total Equity	−408 000	836 000	816 000	705 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	417 000	570 000	660 000	1 000
Creditors	1 098 000	753 000	789 000	542 000
Unpaid Taxes	377 000	449 000	106 000	151 000
Dividends	0	0	0	0
Other Current Debt	268 000	278 000	193 000	123 000
Total Current Debt	1 743 000	1 479 000	1 103 000	816 000
Total Equity and Debt	1 753 000	2 885 000	2 579 000	1 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	304,9 %	2,39 %	13,6 %	88,09 %
Debt-to-Equity Ratio	−1,02	0,68	0,81	0
Operating Profit Margin	−16,01 %	0,32 %	2,81 %	15,02 %
Current Ratio	0,44	0,98	0,84	0,95
Quick Ratio	0,44	0,98	0,97	1,14
Equity Ratio	−0,23	0,29	0,32	0,46
Gross Profit Margin	61,57 %	70,14 %	63,6 %	78,3 %