ØKONOMRINGEN AS

0786 OSLO

Finances

Return on Equity

2,97 %

Current Ratio

0,05

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 627 000	1 301 000	1 218 000	1 168 000
Net Income	1 010 000	984 000	6 321 000	−1 362 000
Total Assets	47 543 000	41 159 000	32 969 000	26 282 000
Total Equity	33 968 000	33 157 000	32 173 000	25 641 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 627 000	1 301 000	1 218 000	1 168 000
Expenditure	346 000	212 000	179 000	62 000
Operating Profit	1 281 000	1 089 000	1 039 000	1 106 000
Financial Income	7 000	300 000	5 517 000	233 000
Financial Costs	39 000	99 000	2 000	2 529 000
Financial Balance	−32 000	201 000	5 515 000	−2 296 000
Earnings Before Tax	1 249 000	1 290 000	6 554 000	−1 191 000
Tax	239 000	306 000	233 000	171 000
Net Income	1 010 000	984 000	6 321 000	−1 362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 206 000	40 955 000	32 644 000	26 200 000
Total Current Assets	337 000	203 000	325 000	82 000
Total Assets	47 543 000	41 159 000	32 969 000	26 282 000
Total Retained Equity	33 668 000	32 857 000	31 873 000	25 541 000
Total Equity	33 968 000	33 157 000	32 173 000	25 641 000
Total Long-Term Debt	6 166 000	7 576 000	0	0
Total Current Debt	7 409 000	426 000	797 000	641 000
Total Equity and Debt	47 543 000	41 159 000	32 969 000	26 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 627 000	1 301 000	0	1 168 000
Other Income	0	0	1 218 000	0
Revenue	1 627 000	1 301 000	1 218 000	1 168 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	346 000	212 000	179 000	62 000
Operating Profit	1 281 000	1 089 000	1 039 000	1 106 000
Financial Income	7 000	300 000	5 517 000	233 000
Financial Costs	39 000	99 000	2 000	2 529 000
Financial Balance	−32 000	201 000	5 515 000	−2 296 000
Dividends	0	0	0	0
Net Income	1 010 000	984 000	6 321 000	−1 362 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 843 000	14 843 000	1 056 000	1 056 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 843 000	14 843 000	1 056 000	1 056 000
Total Fiancial Fixed Assets	32 363 000	26 112 000	31 589 000	25 145 000
Total Fixed Assets	47 206 000	40 955 000	32 644 000	26 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	337 000	203 000	324 000	82 000
Total Current Assets	337 000	203 000	325 000	82 000
Total Assets	47 543 000	41 159 000	32 969 000	26 282 000
Total Equity	33 968 000	33 157 000	32 173 000	25 641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 166 000	7 576 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	430 000	0
Total Current Debt	7 409 000	426 000	797 000	641 000
Total Equity and Debt	47 543 000	41 159 000	32 969 000	26 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,97 %	2,97 %	19,65 %	−5,31 %
Debt-to-Equity Ratio	0,18	0,23	0	0
Operating Profit Margin	78,73 %	83,7 %	85,3 %	94,69 %
Current Ratio	0,05	0,48	0,41	0,13
Quick Ratio	0,05	0,48	0,41	0,13
Equity Ratio	0,71	0,81	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %