NK ØKONOMI BISTAND AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

16,57 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	358 000	305 000	200 000	110 000
Net Income	29 000	40 000	49 000	44 000
Total Assets	558 000	335 000	143 000	93 000
Total Equity	175 000	146 000	106 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	358 000	305 000	200 000	110 000
Expenditure	318 000	255 000	114 000	53 000
Operating Profit	40 000	50 000	86 000	57 000
Financial Income	0	0	−23 000	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	−23 000	0
Earnings Before Tax	37 000	51 000	63 000	57 000
Tax	8 000	11 000	14 000	12 000
Net Income	29 000	40 000	49 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	169 000	0	0
Total Current Assets	276 000	166 000	143 000	93 000
Total Assets	558 000	335 000	143 000	93 000
Total Retained Equity	150 000	121 000	82 000	44 000
Total Equity	175 000	146 000	106 000	69 000
Total Long-Term Debt	114 000	−25 000	−65 000	0
Total Current Debt	270 000	214 000	102 000	25 000
Total Equity and Debt	558 000	335 000	143 000	93 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	335 000	220 000	163 000	109 000
Other Income	23 000	85 000	37 000	1 000
Revenue	358 000	305 000	200 000	110 000
Cost of Goods Sold	0	0	50 000	0
Salary Costs	87 000	106 000	25 000	50 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	318 000	255 000	114 000	53 000
Operating Profit	40 000	50 000	86 000	57 000
Financial Income	0	0	−23 000	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	−23 000	0
Dividends	0	0	0	0
Net Income	29 000	40 000	49 000	44 000

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	283 000	0	0	0
Total Tangible Assets	283 000	0	0	0
Total Fiancial Fixed Assets	0	169 000	0	0
Total Fixed Assets	283 000	169 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	65 000	56 000	65 000
Total Current Assets	276 000	166 000	143 000	93 000
Total Assets	558 000	335 000	143 000	93 000
Total Equity	175 000	146 000	106 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	−25 000	−65 000	0
Creditors	142 000	27 000	26 000	0
Unpaid Taxes	74 000	117 000	8 000	8 000
Dividends	0	0	0	0
Other Current Debt	65 000	60 000	54 000	5 000
Total Current Debt	270 000	214 000	102 000	25 000
Total Equity and Debt	558 000	335 000	143 000	93 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,57 %	27,4 %	46,23 %	63,77 %
Debt-to-Equity Ratio	0,65	−0,17	−0,61	0
Operating Profit Margin	11,17 %	16,39 %	43 %	51,82 %
Current Ratio	1,02	0,78	1,4	3,72
Quick Ratio	1,02	0,78	1,4	3,72
Equity Ratio	0,31	0,44	0,74	0,74
Gross Profit Margin	100 %	100 %	75 %	100 %