ECOPOLE AS

5257 KOKSTAD

Finances

Return on Equity

−1 434,84 %

Current Ratio

0,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	−80 000	1 798 000	219 000
Net Income	−10 790 000	−13 421 000	−8 518 000	−23 079 000
Total Assets	2 796 000	8 519 000	15 100 000	16 168 000
Total Equity	752 000	−10 428 000	−2 006 000	6 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	−80 000	1 798 000	219 000
Expenditure	4 377 000	7 774 000	8 632 000	7 983 000
Operating Profit	−4 352 000	−7 854 000	−6 835 000	−7 763 000
Financial Income	1 000	5 000	46 000	677 000
Financial Costs	6 438 000	5 572 000	1 728 000	15 992 000
Financial Balance	−6 437 000	−5 567 000	−1 682 000	−15 315 000
Earnings Before Tax	−10 790 000	−13 421 000	−8 518 000	−23 079 000
Tax	0	0	0	0
Net Income	−10 790 000	−13 421 000	−8 518 000	−23 079 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	969 000	5 637 000	8 497 000	8 454 000
Total Current Assets	1 827 000	2 882 000	6 603 000	7 714 000
Total Assets	2 796 000	8 519 000	15 100 000	16 168 000
Total Retained Equity	−57 256 000	−46 467 000	−33 046 000	−24 528 000
Total Equity	752 000	−10 428 000	−2 006 000	6 511 000
Total Long-Term Debt	0	16 301 000	15 528 000	7 547 000
Total Current Debt	2 044 000	2 646 000	1 578 000	2 109 000
Total Equity and Debt	2 796 000	8 519 000	15 100 000	16 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	−80 000	166 000	44 000
Other Income	0	0	1 632 000	176 000
Revenue	24 000	−80 000	1 798 000	219 000
Cost of Goods Sold	1 000	4 000	624 000	463 000
Salary Costs	2 939 000	5 019 000	3 773 000	3 571 000
Depreciation	161 000	161 000	562 000	538 000
Impairment	0	0	0	0
Expenditure	4 377 000	7 774 000	8 632 000	7 983 000
Operating Profit	−4 352 000	−7 854 000	−6 835 000	−7 763 000
Financial Income	1 000	5 000	46 000	677 000
Financial Costs	6 438 000	5 572 000	1 728 000	15 992 000
Financial Balance	−6 437 000	−5 567 000	−1 682 000	−15 315 000
Dividends	0	0	0	0
Net Income	−10 790 000	−13 421 000	−8 518 000	−23 079 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	653 000	757 000	866 000	1 377 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	316 000	367 000	418 000	470 000
Total Tangible Assets	316 000	367 000	418 000	470 000
Total Fiancial Fixed Assets	0	4 513 000	7 212 000	6 607 000
Total Fixed Assets	969 000	5 637 000	8 497 000	8 454 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 623 000	2 389 000	5 879 000	7 470 000
Total Current Assets	1 827 000	2 882 000	6 603 000	7 714 000
Total Assets	2 796 000	8 519 000	15 100 000	16 168 000
Total Equity	752 000	−10 428 000	−2 006 000	6 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 301 000	15 528 000	7 547 000
Creditors	140 000	337 000	72 000	100 000
Unpaid Taxes	160 000	305 000	287 000	441 000
Dividends	0	0	0	0
Other Current Debt	1 744 000	2 004 000	1 218 000	1 569 000
Total Current Debt	2 044 000	2 646 000	1 578 000	2 109 000
Total Equity and Debt	2 796 000	8 519 000	15 100 000	16 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 434,84 %	128,7 %	424,63 %	−354,46 %
Debt-to-Equity Ratio	0	−1,56	−7,74	1,16
Operating Profit Margin	−18 133,33 %	9 817,5 %	−380,14 %	−3 544,75 %
Current Ratio	0,89	1,09	4,18	3,66
Quick Ratio	0,89	1,09	4,18	3,66
Equity Ratio	0,27	−1,22	−0,13	0,4
Gross Profit Margin	95,83 %	105 %	65,29 %	−111,42 %