ØKONOMISERVICE AS

6240 ØRSKOG

Finances

Return on Equity

12,08 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 832 000	12 384 000	10 523 000	10 219 000
Net Income	726 000	2 204 000	1 062 000	81 000
Total Assets	9 224 000	8 540 000	8 824 000	8 430 000
Total Equity	6 008 000	5 283 000	5 484 000	5 462 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 832 000	12 384 000	10 523 000	10 219 000
Expenditure	13 510 000	11 415 000	9 870 000	9 467 000
Operating Profit	322 000	969 000	654 000	751 000
Financial Income	609 000	1 603 000	709 000	707 000
Financial Costs	1 000	1 000	1 000	1 056 000
Financial Balance	608 000	1 602 000	708 000	−349 000
Earnings Before Tax	930 000	2 572 000	1 362 000	403 000
Tax	205 000	368 000	300 000	322 000
Net Income	726 000	2 204 000	1 062 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 674 000	3 743 000	3 532 000	3 483 000
Total Current Assets	5 550 000	4 798 000	5 292 000	4 947 000
Total Assets	9 224 000	8 540 000	8 824 000	8 430 000
Total Retained Equity	5 448 000	4 723 000	4 924 000	4 902 000
Total Equity	6 008 000	5 283 000	5 484 000	5 462 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 216 000	3 258 000	3 340 000	2 968 000
Total Equity and Debt	9 224 000	8 540 000	8 824 000	8 430 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 504 000	12 384 000	10 523 000	10 219 000
Other Income	328 000	0	0	0
Revenue	13 832 000	12 384 000	10 523 000	10 219 000
Cost of Goods Sold	1 576 000	1 054 000	882 000	987 000
Salary Costs	9 758 000	8 500 000	7 220 000	6 562 000
Depreciation	123 000	48 000	25 000	23 000
Impairment	0	0	0	0
Expenditure	13 510 000	11 415 000	9 870 000	9 467 000
Operating Profit	322 000	969 000	654 000	751 000
Financial Income	609 000	1 603 000	709 000	707 000
Financial Costs	1 000	1 000	1 000	1 056 000
Financial Balance	608 000	1 602 000	708 000	−349 000
Dividends	0	2 405 000	1 040 000	390 000
Net Income	726 000	2 204 000	1 062 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	29 000	25 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	238 000	314 000	107 000	53 000
Total Tangible Assets	238 000	314 000	107 000	53 000
Total Fiancial Fixed Assets	3 400 000	3 400 000	3 400 000	3 400 000
Total Fixed Assets	3 674 000	3 743 000	3 532 000	3 483 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 373 000	1 505 000	2 276 000	2 086 000
Total Current Assets	5 550 000	4 798 000	5 292 000	4 947 000
Total Assets	9 224 000	8 540 000	8 824 000	8 430 000
Total Equity	6 008 000	5 283 000	5 484 000	5 462 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	312 000	257 000	245 000	212 000
Unpaid Taxes	1 046 000	980 000	864 000	778 000
Dividends	0	2 405 000	1 040 000	390 000
Other Current Debt	1 645 000	1 649 000	1 417 000	1 263 000
Total Current Debt	3 216 000	3 258 000	3 340 000	2 968 000
Total Equity and Debt	9 224 000	8 540 000	8 824 000	8 430 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,08 %	41,72 %	19,37 %	1,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,33 %	7,82 %	6,21 %	7,35 %
Current Ratio	1,73	1,47	1,58	1,67
Quick Ratio	1,73	1,47	1,58	1,67
Equity Ratio	0,65	0,62	0,62	0,65
Gross Profit Margin	88,61 %	91,49 %	91,62 %	90,34 %