ECO3HUS AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

78,41 %

Current Ratio

6,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 656 000	1 955 000	1 296 000	2 982 000
Net Income	138 000	−15 000	−71 000	38 000
Total Assets	206 000	183 000	91 000	149 000
Total Equity	176 000	38 000	−100 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 656 000	1 955 000	1 296 000	2 982 000
Expenditure	2 525 000	1 948 000	1 183 000	2 904 000
Operating Profit	130 000	7 000	113 000	78 000
Financial Income	0	0	0	0
Financial Costs	1 000	12 000	8 000	41 000
Financial Balance	−1 000	−12 000	−8 000	−41 000
Earnings Before Tax	130 000	−5 000	105 000	38 000
Tax	−8 000	10 000	176 000	0
Net Income	138 000	−15 000	−71 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	60 000	18 000	36 000
Total Current Assets	196 000	123 000	73 000	112 000
Total Assets	206 000	183 000	91 000	149 000
Total Retained Equity	146 000	8 000	−130 000	−50 000
Total Equity	176 000	38 000	−100 000	−20 000
Total Long-Term Debt	0	3 000	94 000	−181 000
Total Current Debt	30 000	141 000	96 000	350 000
Total Equity and Debt	206 000	183 000	91 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 656 000	1 955 000	1 296 000	2 982 000
Other Income	0	0	0	0
Revenue	2 656 000	1 955 000	1 296 000	2 982 000
Cost of Goods Sold	2 201 000	1 679 000	0	380 000
Salary Costs	9 000	3 000	11 000	264 000
Depreciation	6 000	13 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	2 525 000	1 948 000	1 183 000	2 904 000
Operating Profit	130 000	7 000	113 000	78 000
Financial Income	0	0	0	0
Financial Costs	1 000	12 000	8 000	41 000
Financial Balance	−1 000	−12 000	−8 000	−41 000
Dividends	0	0	0	0
Net Income	138 000	−15 000	−71 000	38 000

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	10 000	60 000	18 000	23 000
Total Tangible Assets	10 000	60 000	18 000	23 000
Total Fiancial Fixed Assets	0	0	0	13 000
Total Fixed Assets	10 000	60 000	18 000	36 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	123 000	23 000	17 000
Total Current Assets	196 000	123 000	73 000	112 000
Total Assets	206 000	183 000	91 000	149 000
Total Equity	176 000	38 000	−100 000	−20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	94 000	−181 000
Creditors	5 000	24 000	69 000	329 000
Unpaid Taxes	36 000	8 000	7 000	47 000
Dividends	0	0	0	0
Other Current Debt	−7 000	105 000	20 000	−26 000
Total Current Debt	30 000	141 000	96 000	350 000
Total Equity and Debt	206 000	183 000	91 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,41 %	−39,47 %	71 %	−190 %
Debt-to-Equity Ratio	0	0,08	−0,94	9,05
Operating Profit Margin	4,89 %	0,36 %	8,72 %	2,62 %
Current Ratio	6,53	0,87	0,76	0,32
Quick Ratio	6,53	0,87	0,76	0,32
Equity Ratio	0,85	0,21	−1,1	−0,13
Gross Profit Margin	17,13 %	14,12 %	100 %	87,26 %