ECORIDE AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

31,67 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 277 000	24 554 000	18 482 000	15 980 000
Net Income	744 000	878 000	68 000	−1 344 000
Total Assets	9 857 000	2 985 000	3 933 000	3 409 000
Total Equity	2 349 000	1 724 000	847 000	779 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 277 000	24 554 000	18 482 000	15 980 000
Expenditure	24 598 000	23 366 000	18 430 000	17 201 000
Operating Profit	1 679 000	1 187 000	53 000	−1 221 000
Financial Income	25 000	9 000	2 000	57 000
Financial Costs	960 000	319 000	19 000	179 000
Financial Balance	−935 000	−310 000	−17 000	−122 000
Earnings Before Tax	744 000	878 000	36 000	−1 344 000
Tax	0	0	−32 000	0
Net Income	744 000	878 000	68 000	−1 344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	2 000	2 000	2 000
Total Current Assets	9 855 000	2 983 000	3 931 000	3 407 000
Total Assets	9 857 000	2 985 000	3 933 000	3 409 000
Total Retained Equity	2 219 000	1 624 000	747 000	679 000
Total Equity	2 349 000	1 724 000	847 000	779 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 509 000	1 261 000	3 086 000	2 631 000
Total Equity and Debt	9 857 000	2 985 000	3 933 000	3 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 277 000	24 554 000	17 016 000	15 980 000
Other Income	0	0	1 467 000	0
Revenue	26 277 000	24 554 000	18 482 000	15 980 000
Cost of Goods Sold	22 050 000	18 724 000	17 491 000	16 011 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 598 000	23 366 000	18 430 000	17 201 000
Operating Profit	1 679 000	1 187 000	53 000	−1 221 000
Financial Income	25 000	9 000	2 000	57 000
Financial Costs	960 000	319 000	19 000	179 000
Financial Balance	−935 000	−310 000	−17 000	−122 000
Dividends	0	0	0	0
Net Income	744 000	878 000	68 000	−1 344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	2 000	2 000
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	2 000	2 000	2 000	2 000
Stock	8 659 000	1 332 000	1 452 000	2 571 000
Total Investments	0	0	0	0
Cash, Bank	351 000	614 000	338 000	346 000
Total Current Assets	9 855 000	2 983 000	3 931 000	3 407 000
Total Assets	9 857 000	2 985 000	3 933 000	3 409 000
Total Equity	2 349 000	1 724 000	847 000	779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 211 000	361 000	2 737 000	2 480 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	298 000	900 000	350 000	151 000
Total Current Debt	7 509 000	1 261 000	3 086 000	2 631 000
Total Equity and Debt	9 857 000	2 985 000	3 933 000	3 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,67 %	50,93 %	8,03 %	−172,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,39 %	4,83 %	0,29 %	−7,64 %
Current Ratio	1,31	2,37	1,27	1,29
Quick Ratio	−8,57	−42,01	2,41	56,78
Equity Ratio	0,24	0,58	0,22	0,23
Gross Profit Margin	16,09 %	23,74 %	5,36 %	−0,19 %