ØKONOMISERVICE AS

9700 LAKSELV

Finances

Return on Equity

12,64 %

Current Ratio

5,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 975 000	9 572 000	9 517 000	8 990 000
Net Income	2 011 000	2 307 000	2 319 000	1 706 000
Total Assets	19 034 000	17 616 000	16 499 000	14 768 000
Total Equity	15 907 000	14 196 000	12 489 000	11 269 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 975 000	9 572 000	9 517 000	8 990 000
Expenditure	7 484 000	6 655 000	7 138 000	7 155 000
Operating Profit	2 491 000	2 917 000	2 380 000	1 835 000
Financial Income	160 000	42 000	584 000	311 000
Financial Costs	61 000	0	75 000	0
Financial Balance	99 000	42 000	509 000	311 000
Earnings Before Tax	2 589 000	2 959 000	2 889 000	2 146 000
Tax	578 000	652 000	569 000	440 000
Net Income	2 011 000	2 307 000	2 319 000	1 706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 890 000	2 914 000	2 955 000	3 035 000
Total Current Assets	16 144 000	14 702 000	13 545 000	11 733 000
Total Assets	19 034 000	17 616 000	16 499 000	14 768 000
Total Retained Equity	15 807 000	14 096 000	12 389 000	11 169 000
Total Equity	15 907 000	14 196 000	12 489 000	11 269 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	3 127 000	3 420 000	4 010 000	3 497 000
Total Equity and Debt	19 034 000	17 616 000	16 499 000	14 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 885 000	9 464 000	9 418 000	8 936 000
Other Income	90 000	108 000	99 000	54 000
Revenue	9 975 000	9 572 000	9 517 000	8 990 000
Cost of Goods Sold	450 000	320 000	230 000	230 000
Salary Costs	5 484 000	4 770 000	5 445 000	5 316 000
Depreciation	80 000	83 000	44 000	59 000
Impairment	0	0	0	0
Expenditure	7 484 000	6 655 000	7 138 000	7 155 000
Operating Profit	2 491 000	2 917 000	2 380 000	1 835 000
Financial Income	160 000	42 000	584 000	311 000
Financial Costs	61 000	0	75 000	0
Financial Balance	99 000	42 000	509 000	311 000
Dividends	300 000	600 000	600 000	0
Net Income	2 011 000	2 307 000	2 319 000	1 706 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 750 000	2 750 000	2 750 000	2 750 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	164 000	205 000	36 000
Total Tangible Assets	2 834 000	2 914 000	2 955 000	2 786 000
Total Fiancial Fixed Assets	56 000	0	0	249 000
Total Fixed Assets	2 890 000	2 914 000	2 955 000	3 035 000
Stock	0	0	0	0
Total Investments	2 345 000	2 379 000	2 175 000	2 240 000
Cash, Bank	11 266 000	10 425 000	9 578 000	6 884 000
Total Current Assets	16 144 000	14 702 000	13 545 000	11 733 000
Total Assets	19 034 000	17 616 000	16 499 000	14 768 000
Total Equity	15 907 000	14 196 000	12 489 000	11 269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	1 000	−97 000	144 000	139 000
Unpaid Taxes	548 000	510 000	457 000	500 000
Dividends	300 000	600 000	600 000	0
Other Current Debt	1 701 000	1 756 000	2 239 000	2 410 000
Total Current Debt	3 127 000	3 420 000	4 010 000	3 497 000
Total Equity and Debt	19 034 000	17 616 000	16 499 000	14 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,64 %	16,25 %	18,57 %	15,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,97 %	30,47 %	25,01 %	20,41 %
Current Ratio	5,16	4,3	3,38	3,36
Quick Ratio	5,16	4,3	3,38	3,36
Equity Ratio	0,84	0,81	0,76	0,76
Gross Profit Margin	95,49 %	96,66 %	97,58 %	97,44 %