12I ØKONOMI AS

4160 FINNØY

Finances

Share Ownership

Return on Equity

7,87 %

Current Ratio

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020
Revenue	3 474 000	2 340 000	34 000
Net Income	48 000	−318 000	−178 000
Total Assets	1 588 000	1 248 000	898 000
Total Equity	610 000	562 000	149 000

Income (NOK)	2022	2021	2020
Revenue	3 474 000	2 340 000	34 000
Expenditure	3 407 000	2 727 000	261 000
Operating Profit	67 000	−386 000	−226 000
Financial Income	3 000	1 000	0
Financial Costs	9 000	23 000	3 000
Financial Balance	−6 000	−22 000	−3 000
Earnings Before Tax	61 000	−408 000	−229 000
Tax	13 000	−90 000	−52 000
Net Income	48 000	−318 000	−178 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	94 000	129 000	131 000
Total Current Assets	1 494 000	1 119 000	766 000
Total Assets	1 588 000	1 248 000	898 000
Total Retained Equity	48 000	0	0
Total Equity	610 000	562 000	149 000
Total Long-Term Debt	230 000	221 000	678 000
Total Current Debt	748 000	464 000	71 000
Total Equity and Debt	1 588 000	1 248 000	898 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 451 000	2 333 000	34 000
Other Income	23 000	7 000	0
Revenue	3 474 000	2 340 000	34 000
Cost of Goods Sold	76 000	80 000	2 000
Salary Costs	2 656 000	1 954 000	3 000
Depreciation	46 000	38 000	0
Impairment	0	0	0
Expenditure	3 407 000	2 727 000	261 000
Operating Profit	67 000	−386 000	−226 000
Financial Income	3 000	1 000	0
Financial Costs	9 000	23 000	3 000
Financial Balance	−6 000	−22 000	−3 000
Dividends	0	0	0
Net Income	48 000	−318 000	−178 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	40 000	53 000	34 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	54 000	76 000	97 000
Total Tangible Assets	54 000	76 000	97 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	94 000	129 000	131 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	646 000	427 000	594 000
Total Current Assets	1 494 000	1 119 000	766 000
Total Assets	1 588 000	1 248 000	898 000
Total Equity	610 000	562 000	149 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	230 000	221 000	678 000
Creditors	98 000	55 000	71 000
Unpaid Taxes	403 000	234 000	0
Dividends	0	0	0
Other Current Debt	246 000	176 000	0
Total Current Debt	748 000	464 000	71 000
Total Equity and Debt	1 588 000	1 248 000	898 000

Financial indicators	2022	2021	2020
Return on Equity	7,87 %	−56,58 %	−119,46 %
Debt-to-Equity Ratio	0,38	0,39	4,55
Operating Profit Margin	1,93 %	−16,5 %	−664,71 %
Current Ratio	2	2,41	10,79
Quick Ratio	2	2,41	10,79
Equity Ratio	0,38	0,45	0,17
Gross Profit Margin	97,81 %	96,58 %	94,12 %