TOTAL ØKONOMISTYRING ÅLGÅRD AS

4331 ÅLGÅRD

Finances

Share Ownership

Return on Equity

88,99 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	2 066 000	1 855 000	552 000
Net Income	299 000	227 000	50 000
Total Assets	953 000	763 000	567 000
Total Equity	336 000	307 000	80 000

Income (NOK)	2022	2021	2020
Revenue	2 066 000	1 855 000	552 000
Expenditure	1 680 000	1 563 000	486 000
Operating Profit	386 000	292 000	65 000
Financial Income	0	0	0
Financial Costs	3 000	1 000	0
Financial Balance	−3 000	−1 000	0
Earnings Before Tax	383 000	291 000	65 000
Tax	84 000	64 000	15 000
Net Income	299 000	227 000	50 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	26 000	41 000	56 000
Total Current Assets	927 000	723 000	512 000
Total Assets	953 000	763 000	567 000
Total Retained Equity	306 000	277 000	50 000
Total Equity	336 000	307 000	80 000
Total Long-Term Debt	3 000	2 000	3 000
Total Current Debt	614 000	454 000	484 000
Total Equity and Debt	953 000	763 000	567 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 066 000	1 705 000	552 000
Other Income	0	150 000	0
Revenue	2 066 000	1 855 000	552 000
Cost of Goods Sold	161 000	131 000	312 000
Salary Costs	1 215 000	1 211 000	145 000
Depreciation	15 000	15 000	1 000
Impairment	0	0	0
Expenditure	1 680 000	1 563 000	486 000
Operating Profit	386 000	292 000	65 000
Financial Income	0	0	0
Financial Costs	3 000	1 000	0
Financial Balance	−3 000	−1 000	0
Dividends	270 000	0	0
Net Income	299 000	227 000	50 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	26 000	41 000	56 000
Total Tangible Assets	26 000	41 000	56 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	26 000	41 000	56 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	498 000	500 000	352 000
Total Current Assets	927 000	723 000	512 000
Total Assets	953 000	763 000	567 000
Total Equity	336 000	307 000	80 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	2 000	3 000
Creditors	123 000	39 000	354 000
Unpaid Taxes	132 000	115 000	47 000
Dividends	270 000	0	0
Other Current Debt	275 000	235 000	72 000
Total Current Debt	614 000	454 000	484 000
Total Equity and Debt	953 000	763 000	567 000

Financial indicators	2022	2021	2020
Return on Equity	88,99 %	73,94 %	62,5 %
Debt-to-Equity Ratio	0,01	0,01	0,04
Operating Profit Margin	18,68 %	15,74 %	11,78 %
Current Ratio	1,51	1,59	1,06
Quick Ratio	1,51	1,59	1,06
Equity Ratio	0,35	0,4	0,14
Gross Profit Margin	92,21 %	92,94 %	43,48 %