ØKONOMISK RENHOLDSERVICE AS

3035 DRAMMEN

Finances

Share Ownership

Return on Equity

52,19 %

Current Ratio

2,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	868 000	680 000	685 000	964 000
Net Income	345 000	51 000	98 000	137 000
Total Assets	977 000	477 000	236 000	382 000
Total Equity	661 000	316 000	265 000	167 000

Income (NOK)	2022	2021	2020	2019
Revenue	868 000	680 000	685 000	964 000
Expenditure	426 000	558 000	557 000	788 000
Operating Profit	442 000	122 000	127 000	176 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	442 000	122 000	125 000	175 000
Tax	97 000	71 000	28 000	39 000
Net Income	345 000	51 000	98 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	183 000	0	0	0
Total Current Assets	793 000	477 000	236 000	382 000
Total Assets	977 000	477 000	236 000	382 000
Total Retained Equity	631 000	286 000	235 000	137 000
Total Equity	661 000	316 000	265 000	167 000
Total Long-Term Debt	0	−24 000	−24 000	−24 000
Total Current Debt	315 000	185 000	−4 000	239 000
Total Equity and Debt	977 000	477 000	236 000	382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	845 000	639 000	685 000	964 000
Other Income	23 000	41 000	0	0
Revenue	868 000	680 000	685 000	964 000
Cost of Goods Sold	0	0	0	0
Salary Costs	388 000	523 000	531 000	754 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	426 000	558 000	557 000	788 000
Operating Profit	442 000	122 000	127 000	176 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	0
Net Income	345 000	51 000	98 000	137 000

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	183 000	0	0	0
Total Fixed Assets	183 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	241 000	26 000	93 000
Total Current Assets	793 000	477 000	236 000	382 000
Total Assets	977 000	477 000	236 000	382 000
Total Equity	661 000	316 000	265 000	167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−24 000	−24 000	−24 000
Creditors	2 000	0	2 000	0
Unpaid Taxes	80 000	82 000	42 000	123 000
Dividends	0	0	0	0
Other Current Debt	226 000	165 000	56 000	77 000
Total Current Debt	315 000	185 000	−4 000	239 000
Total Equity and Debt	977 000	477 000	236 000	382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,19 %	16,14 %	36,98 %	82,04 %
Debt-to-Equity Ratio	0	−0,08	−0,09	−0,14
Operating Profit Margin	50,92 %	17,94 %	18,54 %	18,26 %
Current Ratio	2,52	2,58	−59	1,6
Quick Ratio	2,52	2,58	−59	1,6
Equity Ratio	0,68	0,66	1,12	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %