ØKONOMI SERVICE AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

71,59 %

Current Ratio

4,58

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	161 000	143 000	125 000	339 000
Net Income	63 000	−40 000	25 000	2 000
Total Assets	165 000	216 000	170 000	325 000
Total Equity	88 000	37 000	77 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	161 000	143 000	125 000	339 000
Expenditure	106 000	183 000	92 000	336 000
Operating Profit	55 000	−40 000	33 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	56 000	−40 000	33 000	3 000
Tax	−7 000	0	8 000	1 000
Net Income	63 000	−40 000	25 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	165 000	216 000	170 000	325 000
Total Assets	165 000	216 000	170 000	325 000
Total Retained Equity	58 000	7 000	47 000	22 000
Total Equity	88 000	37 000	77 000	52 000
Total Long-Term Debt	42 000	0	0	0
Total Current Debt	36 000	179 000	93 000	273 000
Total Equity and Debt	165 000	216 000	170 000	325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	162 000	112 000	125 000	314 000
Other Income	−1 000	32 000	0	25 000
Revenue	161 000	143 000	125 000	339 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	121 000	0	253 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	106 000	183 000	92 000	336 000
Operating Profit	55 000	−40 000	33 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	63 000	−40 000	25 000	2 000

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	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	129 000	76 000	297 000
Total Current Assets	165 000	216 000	170 000	325 000
Total Assets	165 000	216 000	170 000	325 000
Total Equity	88 000	37 000	77 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	0	0	0
Creditors	6 000	18 000	0	5 000
Unpaid Taxes	26 000	53 000	13 000	183 000
Dividends	0	0	0	0
Other Current Debt	0	107 000	73 000	84 000
Total Current Debt	36 000	179 000	93 000	273 000
Total Equity and Debt	165 000	216 000	170 000	325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,59 %	−108,11 %	32,47 %	3,85 %
Debt-to-Equity Ratio	0,48	0	0	0
Operating Profit Margin	34,16 %	−27,97 %	26,4 %	0,88 %
Current Ratio	4,58	1,21	1,83	1,19
Quick Ratio	4,58	1,21	1,83	1,19
Equity Ratio	0,53	0,17	0,45	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %