EK ØKONOMI AS

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

59,41 %

Current Ratio

2,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 880 000	3 882 000	3 847 000	3 350 000
Net Income	707 000	600 000	554 000	453 000
Total Assets	1 993 000	1 952 000	2 100 000	1 393 000
Total Equity	1 190 000	1 083 000	903 000	753 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 880 000	3 882 000	3 847 000	3 350 000
Expenditure	2 988 000	3 119 000	3 142 000	2 775 000
Operating Profit	892 000	763 000	705 000	575 000
Financial Income	14 000	7 000	8 000	6 000
Financial Costs	0	1 000	1 000	0
Financial Balance	14 000	6 000	7 000	6 000
Earnings Before Tax	906 000	769 000	711 000	581 000
Tax	199 000	169 000	157 000	128 000
Net Income	707 000	600 000	554 000	453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	41 000	53 000	120 000
Total Current Assets	1 965 000	1 911 000	2 047 000	1 273 000
Total Assets	1 993 000	1 952 000	2 100 000	1 393 000
Total Retained Equity	890 000	783 000	603 000	453 000
Total Equity	1 190 000	1 083 000	903 000	753 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	803 000	869 000	1 197 000	639 000
Total Equity and Debt	1 993 000	1 952 000	2 100 000	1 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 880 000	3 882 000	3 846 000	3 349 000
Other Income	0	0	1 000	2 000
Revenue	3 880 000	3 882 000	3 847 000	3 350 000
Cost of Goods Sold	100 000	98 000	89 000	122 000
Salary Costs	2 458 000	2 601 000	2 499 000	2 030 000
Depreciation	8 000	8 000	76 000	105 000
Impairment	0	0	0	0
Expenditure	2 988 000	3 119 000	3 142 000	2 775 000
Operating Profit	892 000	763 000	705 000	575 000
Financial Income	14 000	7 000	8 000	6 000
Financial Costs	0	1 000	1 000	0
Financial Balance	14 000	6 000	7 000	6 000
Dividends	600 000	420 000	405 000	0
Net Income	707 000	600 000	554 000	453 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	68 000
Total Intangible Assets	17 000	22 000	26 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	18 000	26 000	34 000
Total Tangible Assets	11 000	18 000	26 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	41 000	53 000	120 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 647 000	1 576 000	1 570 000	692 000
Total Current Assets	1 965 000	1 911 000	2 047 000	1 273 000
Total Assets	1 993 000	1 952 000	2 100 000	1 393 000
Total Equity	1 190 000	1 083 000	903 000	753 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	51 000	36 000	2 000
Unpaid Taxes	256 000	318 000	358 000	280 000
Dividends	600 000	420 000	405 000	0
Other Current Debt	312 000	335 000	233 000	212 000
Total Current Debt	803 000	869 000	1 197 000	639 000
Total Equity and Debt	1 993 000	1 952 000	2 100 000	1 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,41 %	55,4 %	61,35 %	60,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,99 %	19,65 %	18,33 %	17,16 %
Current Ratio	2,45	2,2	1,71	1,99
Quick Ratio	2,45	2,2	1,71	1,99
Equity Ratio	0,6	0,55	0,43	0,54
Gross Profit Margin	97,42 %	97,48 %	97,69 %	96,36 %