ECOINVEST HOLDING AS

0473 OSLO

Finances

Return on Equity

95,4 %

Current Ratio

18,93

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	2 332 000	8 623 000	8 994 000
Net Income	3 673 000	−79 000	485 000	−505 000
Total Assets	4 731 000	567 000	1 664 000	1 401 000
Total Equity	3 850 000	508 000	587 000	102 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	2 332 000	8 623 000	8 994 000
Expenditure	509 000	2 437 000	8 132 000	9 494 000
Operating Profit	−509 000	−104 000	491 000	−499 000
Financial Income	4 228 000	1 000	1 000	1 000
Financial Costs	20 000	1 000	7 000	9 000
Financial Balance	4 208 000	0	−6 000	−8 000
Earnings Before Tax	3 698 000	−104 000	485 000	−507 000
Tax	25 000	−25 000	0	−2 000
Net Income	3 673 000	−79 000	485 000	−505 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 835 000	123 000	331 000	348 000
Total Current Assets	2 896 000	444 000	1 333 000	1 053 000
Total Assets	4 731 000	567 000	1 664 000	1 401 000
Total Retained Equity	3 818 000	476 000	555 000	70 000
Total Equity	3 850 000	508 000	587 000	102 000
Total Long-Term Debt	728 000	−3 000	230 000	673 000
Total Current Debt	153 000	62 000	847 000	626 000
Total Equity and Debt	4 731 000	567 000	1 664 000	1 401 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	2 060 000	8 623 000	8 994 000
Other Income	0	272 000	0	0
Revenue	0	2 332 000	8 623 000	8 994 000
Cost of Goods Sold	25 000	1 674 000	5 203 000	6 259 000
Salary Costs	16 000	234 000	1 700 000	1 974 000
Depreciation	114 000	23 000	101 000	86 000
Impairment	0	0	0	0
Expenditure	509 000	2 437 000	8 132 000	9 494 000
Operating Profit	−509 000	−104 000	491 000	−499 000
Financial Income	4 228 000	1 000	1 000	1 000
Financial Costs	20 000	1 000	7 000	9 000
Financial Balance	4 208 000	0	−6 000	−8 000
Dividends	330 000	0	0	0
Net Income	3 673 000	−79 000	485 000	−505 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	25 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	463 000	98 000	326 000	343 000
Total Tangible Assets	463 000	98 000	326 000	343 000
Total Fiancial Fixed Assets	1 372 000	0	5 000	5 000
Total Fixed Assets	1 835 000	123 000	331 000	348 000
Stock	0	0	639 000	437 000
Total Investments	0	0	0	0
Cash, Bank	2 896 000	444 000	253 000	271 000
Total Current Assets	2 896 000	444 000	1 333 000	1 053 000
Total Assets	4 731 000	567 000	1 664 000	1 401 000
Total Equity	3 850 000	508 000	587 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	728 000	−3 000	230 000	673 000
Creditors	140 000	0	40 000	182 000
Unpaid Taxes	10 000	−2 000	110 000	143 000
Dividends	330 000	0	0	0
Other Current Debt	4 000	64 000	696 000	301 000
Total Current Debt	153 000	62 000	847 000	626 000
Total Equity and Debt	4 731 000	567 000	1 664 000	1 401 000

Financial indicators	2021	2020	2019	2018
Return on Equity	95,4 %	−15,55 %	82,62 %	−495,1 %
Debt-to-Equity Ratio	0,19	−0,01	0,39	6,6
Operating Profit Margin	-	−4,46 %	5,69 %	−5,55 %
Current Ratio	18,93	7,16	1,57	1,68
Quick Ratio	18,93	7,16	6,41	5,57
Equity Ratio	0,81	0,9	0,35	0,07
Gross Profit Margin	-	28,22 %	39,66 %	30,41 %