ØKONOMIBISTAND AS

3536 NORESUND

Finances

Return on Equity

24,05 %

Current Ratio

0,55

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020
Revenue	2 058 000	480 000	0
Net Income	1 404 000	2 476 000	−41 000
Total Assets	12 728 000	15 980 000	12 312 000
Total Equity	5 839 000	4 436 000	1 959 000

Income (NOK)	2022	2021	2020
Revenue	2 058 000	480 000	0
Expenditure	2 301 000	903 000	6 000
Operating Profit	−243 000	−423 000	−6 000
Financial Income	1 724 000	2 945 000	5 000
Financial Costs	159 000	173 000	53 000
Financial Balance	1 565 000	2 772 000	−48 000
Earnings Before Tax	1 322 000	2 350 000	−54 000
Tax	−82 000	−127 000	−13 000
Net Income	1 404 000	2 476 000	−41 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 445 000	13 563 000	12 274 000
Total Current Assets	283 000	2 417 000	38 000
Total Assets	12 728 000	15 980 000	12 312 000
Total Retained Equity	3 839 000	2 436 000	−41 000
Total Equity	5 839 000	4 436 000	1 959 000
Total Long-Term Debt	6 370 000	11 300 000	10 300 000
Total Current Debt	518 000	244 000	53 000
Total Equity and Debt	12 728 000	15 980 000	12 312 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 058 000	480 000	0
Other Income	0	0	0
Revenue	2 058 000	480 000	0
Cost of Goods Sold	974 000	231 000	0
Salary Costs	130 000	538 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 301 000	903 000	6 000
Operating Profit	−243 000	−423 000	−6 000
Financial Income	1 724 000	2 945 000	5 000
Financial Costs	159 000	173 000	53 000
Financial Balance	1 565 000	2 772 000	−48 000
Dividends	0	0	0
Net Income	1 404 000	2 476 000	−41 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	221 000	140 000	13 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	12 223 000	13 423 000	12 261 000
Total Fixed Assets	12 445 000	13 563 000	12 274 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	50 000	2 377 000	33 000
Total Current Assets	283 000	2 417 000	38 000
Total Assets	12 728 000	15 980 000	12 312 000
Total Equity	5 839 000	4 436 000	1 959 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 370 000	11 300 000	10 300 000
Creditors	518 000	190 000	53 000
Unpaid Taxes	0	54 000	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	518 000	244 000	53 000
Total Equity and Debt	12 728 000	15 980 000	12 312 000

Financial indicators	2022	2021	2020
Return on Equity	24,05 %	55,82 %	−2,09 %
Debt-to-Equity Ratio	1,09	2,55	5,26
Operating Profit Margin	−11,81 %	−88,13 %	-
Current Ratio	0,55	9,91	0,72
Quick Ratio	0,55	9,91	0,72
Equity Ratio	0,46	0,28	0,16
Gross Profit Margin	52,67 %	51,88 %	-