ICONOMY AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

−74,17 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 032 000	8 498 000	6 868 000	4 132 000
Net Income	−1 318 000	121 000	362 000	−1 514 000
Total Assets	5 359 000	2 860 000	2 413 000	659 000
Total Equity	1 777 000	395 000	274 000	−1 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 032 000	8 498 000	6 868 000	4 132 000
Expenditure	9 260 000	8 263 000	7 112 000	5 602 000
Operating Profit	−1 228 000	236 000	−244 000	−1 470 000
Financial Income	8 000	8 000	6 000	1 000
Financial Costs	98 000	85 000	63 000	45 000
Financial Balance	−90 000	−77 000	−57 000	−44 000
Earnings Before Tax	−1 318 000	159 000	−301 000	−1 514 000
Tax	0	38 000	−663 000	0
Net Income	−1 318 000	121 000	362 000	−1 514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 339 000	1 319 000	755 000	75 000
Total Current Assets	4 020 000	1 541 000	1 658 000	584 000
Total Assets	5 359 000	2 860 000	2 413 000	659 000
Total Retained Equity	−3 574 000	−2 257 000	−2 378 000	−2 739 000
Total Equity	1 777 000	395 000	274 000	−1 148 000
Total Long-Term Debt	110 000	275 000	440 000	605 000
Total Current Debt	3 472 000	2 190 000	1 699 000	1 202 000
Total Equity and Debt	5 359 000	2 860 000	2 413 000	659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 845 000	8 159 000	6 548 000	3 930 000
Other Income	186 000	339 000	320 000	202 000
Revenue	8 032 000	8 498 000	6 868 000	4 132 000
Cost of Goods Sold	178 000	125 000	755 000	301 000
Salary Costs	6 814 000	5 499 000	4 452 000	3 670 000
Depreciation	46 000	45 000	41 000	30 000
Impairment	0	0	0	0
Expenditure	9 260 000	8 263 000	7 112 000	5 602 000
Operating Profit	−1 228 000	236 000	−244 000	−1 470 000
Financial Income	8 000	8 000	6 000	1 000
Financial Costs	98 000	85 000	63 000	45 000
Financial Balance	−90 000	−77 000	−57 000	−44 000
Dividends	0	0	0	0
Net Income	−1 318 000	121 000	362 000	−1 514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	625 000	629 000	673 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	32 000	72 000	48 000
Total Tangible Assets	84 000	32 000	72 000	48 000
Total Fiancial Fixed Assets	629 000	658 000	11 000	11 000
Total Fixed Assets	1 339 000	1 319 000	755 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	235 000	219 000	664 000	166 000
Total Current Assets	4 020 000	1 541 000	1 658 000	584 000
Total Assets	5 359 000	2 860 000	2 413 000	659 000
Total Equity	1 777 000	395 000	274 000	−1 148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	110 000	275 000	440 000	605 000
Creditors	309 000	338 000	321 000	403 000
Unpaid Taxes	592 000	923 000	897 000	380 000
Dividends	0	0	0	0
Other Current Debt	2 133 000	681 000	481 000	419 000
Total Current Debt	3 472 000	2 190 000	1 699 000	1 202 000
Total Equity and Debt	5 359 000	2 860 000	2 413 000	659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,17 %	30,63 %	132,12 %	131,88 %
Debt-to-Equity Ratio	0,06	0,7	1,61	−0,53
Operating Profit Margin	−15,29 %	2,78 %	−3,55 %	−35,58 %
Current Ratio	1,16	0,7	0,98	0,49
Quick Ratio	1,16	0,7	0,98	0,49
Equity Ratio	0,33	0,14	0,11	−1,74
Gross Profit Margin	97,78 %	98,53 %	89,01 %	92,72 %