FROM ØKONOMI AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

−42,86 %

Current Ratio

2,4

Debt-to-Equity Ratio

−18,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	476 000	340 000	211 000	325 000
Net Income	102 000	−70 000	45 000	109 000
Total Assets	4 226 000	4 303 000	4 380 000	4 288 000
Total Equity	−238 000	−340 000	−270 000	−315 000

Income (NOK)	2022	2021	2020	2019
Revenue	476 000	340 000	211 000	325 000
Expenditure	225 000	234 000	75 000	73 000
Operating Profit	251 000	106 000	136 000	252 000
Financial Income	1 000	1 000	5 000	11 000
Financial Costs	122 000	168 000	79 000	122 000
Financial Balance	−121 000	−167 000	−74 000	−111 000
Earnings Before Tax	130 000	−62 000	62 000	141 000
Tax	28 000	8 000	18 000	32 000
Net Income	102 000	−70 000	45 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 178 000	4 190 000	4 198 000	4 104 000
Total Current Assets	48 000	113 000	182 000	184 000
Total Assets	4 226 000	4 303 000	4 380 000	4 288 000
Total Retained Equity	−262 000	−364 000	−294 000	−345 000
Total Equity	−238 000	−340 000	−270 000	−315 000
Total Long-Term Debt	4 444 000	4 615 000	4 646 000	2 177 000
Total Current Debt	20 000	27 000	4 000	2 426 000
Total Equity and Debt	4 226 000	4 303 000	4 380 000	4 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	324 000	236 000	39 000	0
Other Income	152 000	104 000	172 000	325 000
Revenue	476 000	340 000	211 000	325 000
Cost of Goods Sold	0	0	0	0
Salary Costs	36 000	91 000	15 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	225 000	234 000	75 000	73 000
Operating Profit	251 000	106 000	136 000	252 000
Financial Income	1 000	1 000	5 000	11 000
Financial Costs	122 000	168 000	79 000	122 000
Financial Balance	−121 000	−167 000	−74 000	−111 000
Dividends	0	0	0	0
Net Income	102 000	−70 000	45 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	37 000	45 000	63 000
Real Eastate	4 153 000	4 153 000	4 153 000	4 041 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	0	0	0
Total Tangible Assets	4 169 000	4 153 000	4 153 000	4 041 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 178 000	4 190 000	4 198 000	4 104 000
Stock	0	0	0	0
Total Investments	3 000	2 000	106 000	131 000
Cash, Bank	29 000	97 000	65 000	52 000
Total Current Assets	48 000	113 000	182 000	184 000
Total Assets	4 226 000	4 303 000	4 380 000	4 288 000
Total Equity	−238 000	−340 000	−270 000	−315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 444 000	4 615 000	4 646 000	2 177 000
Creditors	6 000	5 000	0	0
Unpaid Taxes	10 000	13 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	4 000	10 000	2 000	0
Total Current Debt	20 000	27 000	4 000	2 426 000
Total Equity and Debt	4 226 000	4 303 000	4 380 000	4 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,86 %	20,59 %	−16,67 %	−34,6 %
Debt-to-Equity Ratio	−18,67	−13,57	−17,21	−6,91
Operating Profit Margin	52,73 %	31,18 %	64,45 %	77,54 %
Current Ratio	2,4	4,19	45,5	0,08
Quick Ratio	2,4	4,19	45,5	0,08
Equity Ratio	−0,06	−0,08	−0,06	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %