NORSK ØKORAPS AS

1892 DEGERNES

Finances

Share Ownership

Return on Equity

13,77 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 215 000	2 108 000	2 357 000	2 384 000
Net Income	300 000	303 000	41 000	271 000
Total Assets	5 082 000	2 351 000	2 668 000	2 207 000
Total Equity	2 178 000	1 878 000	1 575 000	1 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 215 000	2 108 000	2 357 000	2 384 000
Expenditure	2 756 000	1 724 000	2 212 000	2 033 000
Operating Profit	459 000	385 000	145 000	351 000
Financial Income	0	3 000	2 000	1 000
Financial Costs	74 000	0	94 000	4 000
Financial Balance	−74 000	3 000	−92 000	−3 000
Earnings Before Tax	385 000	388 000	52 000	348 000
Tax	85 000	85 000	11 000	77 000
Net Income	300 000	303 000	41 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 082 000	2 351 000	2 668 000	2 207 000
Total Assets	5 082 000	2 351 000	2 668 000	2 207 000
Total Retained Equity	1 178 000	878 000	575 000	534 000
Total Equity	2 178 000	1 878 000	1 575 000	1 534 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 903 000	474 000	1 093 000	673 000
Total Equity and Debt	5 082 000	2 351 000	2 668 000	2 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 070 000	2 108 000	2 357 000	2 384 000
Other Income	2 145 000	0	0	0
Revenue	3 215 000	2 108 000	2 357 000	2 384 000
Cost of Goods Sold	2 521 000	1 571 000	2 020 000	1 895 000
Salary Costs	89 000	45 000	52 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 756 000	1 724 000	2 212 000	2 033 000
Operating Profit	459 000	385 000	145 000	351 000
Financial Income	0	3 000	2 000	1 000
Financial Costs	74 000	0	94 000	4 000
Financial Balance	−74 000	3 000	−92 000	−3 000
Dividends	0	0	0	0
Net Income	300 000	303 000	41 000	271 000

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	2 785 000	378 000	591 000	711 000
Total Investments	0	0	0	0
Cash, Bank	1 395 000	1 909 000	1 958 000	1 325 000
Total Current Assets	5 082 000	2 351 000	2 668 000	2 207 000
Total Assets	5 082 000	2 351 000	2 668 000	2 207 000
Total Equity	2 178 000	1 878 000	1 575 000	1 534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	233 000	209 000	748 000	489 000
Unpaid Taxes	152 000	4 000	90 000	0
Dividends	0	0	0	0
Other Current Debt	2 433 000	175 000	243 000	107 000
Total Current Debt	2 903 000	474 000	1 093 000	673 000
Total Equity and Debt	5 082 000	2 351 000	2 668 000	2 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,77 %	16,13 %	2,6 %	17,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,28 %	18,26 %	6,15 %	14,72 %
Current Ratio	1,75	4,96	2,44	3,28
Quick Ratio	43,07	24,49	5,31	−58,08
Equity Ratio	0,43	0,8	0,59	0,7
Gross Profit Margin	21,59 %	25,47 %	14,3 %	20,51 %