Echcon AS
ASDissolvedOrg 998449758Søndre Tollbodgate 15A, 9008 TromsøEngineering activities and related technical consultancy· NACE 7112Est. 2012 · 14 years old0 employees
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Riskpilot← Back to searchSign inGet full accessEchcon AS is a Norwegian AS based in Tromsø, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2012, the company has 0 employees and reported revenue of NOK 49.5m in its latest annual filing.
| Revenue | 49.5M NOK | +67% |
| EBITDA | -2.5M NOK | -77% |
| Net profit | -2.5M NOK | -71% |
| Total assets | 11.2M NOK | +60% |
| Equity | -3.1M NOK | -453% |
| Employees | 0 | — |
In its most recent annual report (2020), Echcon AS reported revenue of NOK 49.5m, an increase of 67% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net loss of NOK 2.5m, and the EBITDA margin stood at -5.1%.
At the end of 2020, current assets covered short-term debt 1 times.
| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 49,535 | 29,710 | 10,460 | 660 | 9,882 |
| Staff expenses | -12,749 | -7,845 | -2,036 | -207 | -491 |
| EBITDA | -2,515 | -1,417 | 1,018 | -236 | 655 |
| Depreciation & amort. | -115 | -60 | -10 | -0 | -0 |
| EBIT | -2,630 | -1,477 | 1,008 | -236 | 655 |
| Net financials | -60 | 4 | -18 | -14 | -3 |
| Profit before tax | -2,690 | -1,472 | 989 | -250 | 652 |
| Tax | -166 | -0 | 174 | -0 | 70 |
| Net profit | -2,524 | -1,472 | 816 | -250 | 582 |
| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 11,181 | 6,998 | 5,974 | 811 | 1,053 |
| Equity | -3,143 | -569 | 904 | 88 | 337 |
| Long-term debt | 3,460 | 167 | 0 | 0 | 0 |
| Short-term debt | 10,864 | 7,399 | 5,070 | 724 | 716 |
| Total debt | 14,324 | 7,567 | 5,070 | 724 | 716 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
SR Chief Executive Officer | Chief Executive Officer | 2020 |
SF Deputy Member | Deputy Member | 2012 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TE Chairman | Chairman | 2012 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Thomas Echroll | Chairman | 14 companiesMany roles |
| Stein Rune Robertsen | Chief Executive Officer | 6 companiesMany roles |
| Stine Fladseth | Deputy Member | 1 company |