ØKONOMISERVICE AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

−18,99 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 366 000	2 427 000	2 525 000	2 441 000
Net Income	−120 000	93 000	158 000	126 000
Total Assets	1 036 000	1 226 000	1 160 000	898 000
Total Equity	632 000	752 000	659 000	501 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 366 000	2 427 000	2 525 000	2 441 000
Expenditure	2 488 000	2 308 000	2 323 000	2 282 000
Operating Profit	−123 000	119 000	202 000	159 000
Financial Income	4 000	1 000	2 000	4 000
Financial Costs	0	0	0	2 000
Financial Balance	4 000	1 000	2 000	2 000
Earnings Before Tax	−120 000	119 000	203 000	161 000
Tax	0	26 000	45 000	35 000
Net Income	−120 000	93 000	158 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	31 000	37 000	4 000
Total Current Assets	1 010 000	1 194 000	1 124 000	894 000
Total Assets	1 036 000	1 226 000	1 160 000	898 000
Total Retained Equity	532 000	652 000	559 000	401 000
Total Equity	632 000	752 000	659 000	501 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	404 000	474 000	501 000	397 000
Total Equity and Debt	1 036 000	1 226 000	1 160 000	898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 366 000	2 427 000	2 525 000	2 441 000
Other Income	0	0	0	0
Revenue	2 366 000	2 427 000	2 525 000	2 441 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 996 000	1 854 000	1 865 000	1 834 000
Depreciation	5 000	5 000	1 000	0
Impairment	0	0	0	0
Expenditure	2 488 000	2 308 000	2 323 000	2 282 000
Operating Profit	−123 000	119 000	202 000	159 000
Financial Income	4 000	1 000	2 000	4 000
Financial Costs	0	0	0	2 000
Financial Balance	4 000	1 000	2 000	2 000
Dividends	0	0	0	0
Net Income	−120 000	93 000	158 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	31 000	37 000	0
Total Tangible Assets	26 000	31 000	37 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	31 000	37 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	714 000	929 000	805 000	534 000
Total Current Assets	1 010 000	1 194 000	1 124 000	894 000
Total Assets	1 036 000	1 226 000	1 160 000	898 000
Total Equity	632 000	752 000	659 000	501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	41 000	9 000	6 000
Unpaid Taxes	148 000	200 000	242 000	196 000
Dividends	0	0	0	0
Other Current Debt	221 000	207 000	209 000	195 000
Total Current Debt	404 000	474 000	501 000	397 000
Total Equity and Debt	1 036 000	1 226 000	1 160 000	898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,99 %	12,37 %	23,98 %	25,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,2 %	4,9 %	8 %	6,51 %
Current Ratio	2,5	2,52	2,24	2,25
Quick Ratio	2,5	2,52	2,24	2,25
Equity Ratio	0,61	0,61	0,57	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %