ØKORÅD FJORD AS

6770 NORDFJORDEID

Finances

Return on Equity

−13,11 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 222 000	8 014 000	6 471 000	5 318 000
Net Income	−142 000	−133 000	45 000	−192 000
Total Assets	3 051 000	2 330 000	2 180 000	2 185 000
Total Equity	1 083 000	243 000	376 000	331 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 222 000	8 014 000	6 471 000	5 318 000
Expenditure	9 379 000	8 174 000	6 410 000	5 576 000
Operating Profit	−158 000	−159 000	61 000	−258 000
Financial Income	4 000	3 000	3 000	0
Financial Costs	27 000	14 000	7 000	10 000
Financial Balance	−23 000	−11 000	−4 000	−10 000
Earnings Before Tax	−182 000	−170 000	57 000	−267 000
Tax	−40 000	−37 000	13 000	−75 000
Net Income	−142 000	−133 000	45 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	735 000	765 000	647 000	656 000
Total Current Assets	2 316 000	1 566 000	1 533 000	1 528 000
Total Assets	3 051 000	2 330 000	2 180 000	2 185 000
Total Retained Equity	47 000	189 000	321 000	277 000
Total Equity	1 083 000	243 000	376 000	331 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 968 000	2 087 000	1 804 000	1 854 000
Total Equity and Debt	3 051 000	2 330 000	2 180 000	2 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 327 000	7 975 000	5 583 000	5 320 000
Other Income	−105 000	39 000	889 000	−1 000
Revenue	9 222 000	8 014 000	6 471 000	5 318 000
Cost of Goods Sold	615 000	480 000	235 000	195 000
Salary Costs	6 718 000	5 914 000	4 330 000	3 836 000
Depreciation	69 000	54 000	28 000	11 000
Impairment	0	0	0	0
Expenditure	9 379 000	8 174 000	6 410 000	5 576 000
Operating Profit	−158 000	−159 000	61 000	−258 000
Financial Income	4 000	3 000	3 000	0
Financial Costs	27 000	14 000	7 000	10 000
Financial Balance	−23 000	−11 000	−4 000	−10 000
Dividends	0	0	0	0
Net Income	−142 000	−133 000	45 000	−192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	140 000	100 000	62 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	153 000	73 000	70 000
Total Tangible Assets	84 000	153 000	73 000	70 000
Total Fiancial Fixed Assets	512 000	512 000	512 000	512 000
Total Fixed Assets	735 000	765 000	647 000	656 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	335 000	239 000	210 000	186 000
Total Current Assets	2 316 000	1 566 000	1 533 000	1 528 000
Total Assets	3 051 000	2 330 000	2 180 000	2 185 000
Total Equity	1 083 000	243 000	376 000	331 000
Short-Term Group Debt	0	0	482 000	536 000
Total Long-Term Debt	0	0	0	0
Creditors	181 000	150 000	242 000	150 000
Unpaid Taxes	812 000	687 000	480 000	508 000
Dividends	0	0	0	0
Other Current Debt	974 000	1 112 000	490 000	468 000
Total Current Debt	1 968 000	2 087 000	1 804 000	1 854 000
Total Equity and Debt	3 051 000	2 330 000	2 180 000	2 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,11 %	−54,73 %	11,97 %	−58,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,71 %	−1,98 %	0,94 %	−4,85 %
Current Ratio	1,18	0,75	0,85	0,82
Quick Ratio	1,18	0,75	0,85	0,82
Equity Ratio	0,35	0,1	0,17	0,15
Gross Profit Margin	93,33 %	94,01 %	96,37 %	96,33 %