ØKORÅD NARVIK AS

8515 NARVIK

Finances

Return on Equity

124,16 %

Current Ratio

1,64

Debt-to-Equity Ratio

4,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 035 000	17 967 000	17 240 000	17 558 000
Net Income	884 000	1 629 000	1 845 000	1 615 000
Total Assets	8 303 000	9 681 000	9 544 000	5 480 000
Total Equity	712 000	604 000	1 575 000	1 712 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 035 000	17 967 000	17 240 000	17 558 000
Expenditure	17 896 000	15 950 000	14 952 000	15 484 000
Operating Profit	1 140 000	2 018 000	2 287 000	2 074 000
Financial Income	114 000	158 000	107 000	12 000
Financial Costs	119 000	88 000	27 000	16 000
Financial Balance	−5 000	70 000	80 000	−4 000
Earnings Before Tax	1 134 000	2 088 000	2 367 000	2 071 000
Tax	250 000	460 000	522 000	456 000
Net Income	884 000	1 629 000	1 845 000	1 615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	711 000	496 000	413 000	375 000
Total Current Assets	7 592 000	9 185 000	9 131 000	5 105 000
Total Assets	8 303 000	9 681 000	9 544 000	5 480 000
Total Retained Equity	412 000	304 000	1 275 000	1 412 000
Total Equity	712 000	604 000	1 575 000	1 712 000
Total Long-Term Debt	2 962 000	2 493 000	3 000 000	0
Total Current Debt	4 629 000	6 584 000	4 969 000	3 768 000
Total Equity and Debt	8 303 000	9 681 000	9 544 000	5 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 035 000	17 967 000	17 240 000	17 558 000
Other Income	0	0	0	0
Revenue	19 035 000	17 967 000	17 240 000	17 558 000
Cost of Goods Sold	89 000	56 000	52 000	51 000
Salary Costs	14 030 000	12 662 000	12 153 000	12 350 000
Depreciation	163 000	125 000	96 000	83 000
Impairment	0	0	0	0
Expenditure	17 896 000	15 950 000	14 952 000	15 484 000
Operating Profit	1 140 000	2 018 000	2 287 000	2 074 000
Financial Income	114 000	158 000	107 000	12 000
Financial Costs	119 000	88 000	27 000	16 000
Financial Balance	−5 000	70 000	80 000	−4 000
Dividends	400 000	2 600 000	0	0
Net Income	884 000	1 629 000	1 845 000	1 615 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	63 000	43 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	614 000	396 000	333 000	309 000
Total Tangible Assets	614 000	396 000	333 000	309 000
Total Fiancial Fixed Assets	37 000	37 000	37 000	37 000
Total Fixed Assets	711 000	496 000	413 000	375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	452 000	1 244 000	884 000	1 621 000
Total Current Assets	7 592 000	9 185 000	9 131 000	5 105 000
Total Assets	8 303 000	9 681 000	9 544 000	5 480 000
Total Equity	712 000	604 000	1 575 000	1 712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 962 000	2 493 000	3 000 000	0
Creditors	228 000	289 000	156 000	114 000
Unpaid Taxes	563 000	511 000	571 000	499 000
Dividends	400 000	2 600 000	0	0
Other Current Debt	3 296 000	2 704 000	4 124 000	2 828 000
Total Current Debt	4 629 000	6 584 000	4 969 000	3 768 000
Total Equity and Debt	8 303 000	9 681 000	9 544 000	5 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	124,16 %	269,7 %	117,14 %	94,33 %
Debt-to-Equity Ratio	4,16	4,13	1,9	0
Operating Profit Margin	5,99 %	11,23 %	13,27 %	11,81 %
Current Ratio	1,64	1,4	1,84	1,35
Quick Ratio	1,64	1,4	1,84	1,35
Equity Ratio	0,09	0,06	0,17	0,31
Gross Profit Margin	99,53 %	99,69 %	99,7 %	99,71 %