ECPROMOTION AS

1592 VÅLER I ØSTFOLD

Finances

Return on Equity

−40,17 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 474 000	2 014 000	5 557 000	1 833 000
Net Income	−92 000	3 000	389 000	18 000
Total Assets	408 000	606 000	994 000	480 000
Total Equity	229 000	321 000	618 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 474 000	2 014 000	5 557 000	1 833 000
Expenditure	2 533 000	2 000 000	5 058 000	1 796 000
Operating Profit	−58 000	14 000	500 000	37 000
Financial Income	5 000	3 000	20 000	1 000
Financial Costs	39 000	6 000	20 000	10 000
Financial Balance	−34 000	−3 000	0	−9 000
Earnings Before Tax	−92 000	11 000	500 000	28 000
Tax	0	8 000	112 000	9 000
Net Income	−92 000	3 000	389 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	7 000	0
Total Current Assets	408 000	606 000	987 000	480 000
Total Assets	408 000	606 000	994 000	480 000
Total Retained Equity	199 000	291 000	588 000	199 000
Total Equity	229 000	321 000	618 000	229 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	179 000	285 000	376 000	250 000
Total Equity and Debt	408 000	606 000	994 000	480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 607 000	2 066 000	5 373 000	1 833 000
Other Income	−133 000	−52 000	185 000	0
Revenue	2 474 000	2 014 000	5 557 000	1 833 000
Cost of Goods Sold	1 669 000	796 000	4 224 000	1 027 000
Salary Costs	576 000	835 000	359 000	469 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 533 000	2 000 000	5 058 000	1 796 000
Operating Profit	−58 000	14 000	500 000	37 000
Financial Income	5 000	3 000	20 000	1 000
Financial Costs	39 000	6 000	20 000	10 000
Financial Balance	−34 000	−3 000	0	−9 000
Dividends	0	0	0	0
Net Income	−92 000	3 000	389 000	18 000

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	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	7 000	0
Total Fixed Assets	0	0	7 000	0
Stock	66 000	0	0	0
Total Investments	15 000	9 000	0	0
Cash, Bank	163 000	270 000	491 000	331 000
Total Current Assets	408 000	606 000	987 000	480 000
Total Assets	408 000	606 000	994 000	480 000
Total Equity	229 000	321 000	618 000	229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	90 000	50 000	121 000	80 000
Unpaid Taxes	84 000	136 000	96 000	118 000
Dividends	0	0	0	0
Other Current Debt	5 000	91 000	46 000	43 000
Total Current Debt	179 000	285 000	376 000	250 000
Total Equity and Debt	408 000	606 000	994 000	480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,17 %	0,93 %	62,94 %	7,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,34 %	0,7 %	9 %	2,02 %
Current Ratio	2,28	2,13	2,63	1,92
Quick Ratio	3,61	2,13	2,63	1,92
Equity Ratio	0,56	0,53	0,62	0,48
Gross Profit Margin	32,54 %	60,48 %	23,99 %	43,97 %