ØKONOMISERVICE AS

6887 LÆRDAL

Finances

Return on Equity

8,51 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 596 000	25 047 000	23 050 000	22 060 000
Net Income	455 000	349 000	37 000	−174 000
Total Assets	11 287 000	11 930 000	10 120 000	9 712 000
Total Equity	5 348 000	5 369 000	5 020 000	5 168 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 596 000	25 047 000	23 050 000	22 060 000
Expenditure	25 020 000	24 618 000	23 061 000	22 298 000
Operating Profit	576 000	429 000	−11 000	−238 000
Financial Income	13 000	21 000	63 000	21 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	12 000	20 000	62 000	19 000
Earnings Before Tax	587 000	450 000	51 000	−219 000
Tax	132 000	101 000	14 000	−45 000
Net Income	455 000	349 000	37 000	−174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 618 000	1 827 000	916 000	676 000
Total Current Assets	9 670 000	10 104 000	9 204 000	9 035 000
Total Assets	11 287 000	11 930 000	10 120 000	9 712 000
Total Retained Equity	4 950 000	4 934 000	4 585 000	4 718 000
Total Equity	5 348 000	5 369 000	5 020 000	5 168 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 940 000	6 561 000	5 100 000	4 543 000
Total Equity and Debt	11 287 000	11 930 000	10 120 000	9 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 588 000	25 043 000	23 048 000	22 060 000
Other Income	8 000	5 000	2 000	0
Revenue	25 596 000	25 047 000	23 050 000	22 060 000
Cost of Goods Sold	933 000	748 000	756 000	816 000
Salary Costs	18 430 000	18 782 000	17 700 000	16 873 000
Depreciation	177 000	219 000	175 000	129 000
Impairment	0	0	0	0
Expenditure	25 020 000	24 618 000	23 061 000	22 298 000
Operating Profit	576 000	429 000	−11 000	−238 000
Financial Income	13 000	21 000	63 000	21 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	12 000	20 000	62 000	19 000
Dividends	0	0	0	0
Net Income	455 000	349 000	37 000	−174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	102 000	187 000	106 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	275 000	420 000	537 000	378 000
Total Tangible Assets	275 000	420 000	537 000	378 000
Total Fiancial Fixed Assets	1 304 000	1 304 000	192 000	192 000
Total Fixed Assets	1 618 000	1 827 000	916 000	676 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 087 000	5 529 000	4 745 000	3 872 000
Total Current Assets	9 670 000	10 104 000	9 204 000	9 035 000
Total Assets	11 287 000	11 930 000	10 120 000	9 712 000
Total Equity	5 348 000	5 369 000	5 020 000	5 168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	356 000	497 000	596 000	491 000
Unpaid Taxes	1 969 000	1 900 000	1 762 000	1 855 000
Dividends	0	0	0	0
Other Current Debt	3 513 000	4 084 000	2 742 000	2 197 000
Total Current Debt	5 940 000	6 561 000	5 100 000	4 543 000
Total Equity and Debt	11 287 000	11 930 000	10 120 000	9 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,51 %	6,5 %	0,74 %	−3,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,25 %	1,71 %	−0,05 %	−1,08 %
Current Ratio	1,63	1,54	1,8	1,99
Quick Ratio	1,63	1,54	1,8	1,99
Equity Ratio	0,47	0,45	0,5	0,53
Gross Profit Margin	96,35 %	97,01 %	96,72 %	96,3 %