SPAREBANK 1 ØKONOMIHUSET AS

3511 HØNEFOSS

Finances

Return on Equity

−37,68 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 748 000	58 389 000	55 438 000	59 422 000
Net Income	−2 106 000	4 884 000	5 529 000	5 954 000
Total Assets	20 099 000	25 560 000	25 052 000	25 437 000
Total Equity	5 589 000	7 695 000	7 710 000	7 682 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 748 000	58 389 000	55 438 000	59 422 000
Expenditure	60 001 000	53 476 000	49 407 000	53 494 000
Operating Profit	2 746 000	4 913 000	6 031 000	5 928 000
Financial Income	782 000	1 062 000	833 000	1 347 000
Financial Costs	5 028 000	0	0	0
Financial Balance	−4 246 000	1 062 000	833 000	1 347 000
Earnings Before Tax	−1 500 000	5 975 000	6 864 000	7 275 000
Tax	606 000	1 090 000	1 336 000	1 321 000
Net Income	−2 106 000	4 884 000	5 529 000	5 954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 876 000	6 697 000	6 837 000	7 056 000
Total Current Assets	17 223 000	18 863 000	18 216 000	18 381 000
Total Assets	20 099 000	25 560 000	25 052 000	25 437 000
Total Retained Equity	0	695 000	710 000	682 000
Total Equity	5 589 000	7 695 000	7 710 000	7 682 000
Total Long-Term Debt	193 000	288 000	0	0
Total Current Debt	14 317 000	17 578 000	17 342 000	17 756 000
Total Equity and Debt	20 099 000	25 560 000	25 052 000	25 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 952 000	57 821 000	55 010 000	59 061 000
Other Income	796 000	568 000	428 000	361 000
Revenue	62 748 000	58 389 000	55 438 000	59 422 000
Cost of Goods Sold	918 000	435 000	311 000	319 000
Salary Costs	47 262 000	42 717 000	39 701 000	43 526 000
Depreciation	167 000	217 000	268 000	262 000
Impairment	0	0	0	0
Expenditure	60 001 000	53 476 000	49 407 000	53 494 000
Operating Profit	2 746 000	4 913 000	6 031 000	5 928 000
Financial Income	782 000	1 062 000	833 000	1 347 000
Financial Costs	5 028 000	0	0	0
Financial Balance	−4 246 000	1 062 000	833 000	1 347 000
Dividends	0	4 900 000	5 500 000	6 000 000
Net Income	−2 106 000	4 884 000	5 529 000	5 954 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	270 000	264 000	230 000	237 000
Real Eastate	106 000	0	0	0
Machinery and Plant Facilities	347 000	384 000	550 000	758 000
Fixtures	150 000	0	0	0
Total Tangible Assets	603 000	384 000	550 000	758 000
Total Fiancial Fixed Assets	2 003 000	6 050 000	6 056 000	6 062 000
Total Fixed Assets	2 876 000	6 697 000	6 837 000	7 056 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 579 000	4 173 000	5 020 000	4 169 000
Total Current Assets	17 223 000	18 863 000	18 216 000	18 381 000
Total Assets	20 099 000	25 560 000	25 052 000	25 437 000
Total Equity	5 589 000	7 695 000	7 710 000	7 682 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	193 000	288 000	0	0
Creditors	1 638 000	1 728 000	1 031 000	186 000
Unpaid Taxes	6 640 000	5 723 000	5 266 000	5 755 000
Dividends	0	4 900 000	5 500 000	6 000 000
Other Current Debt	4 685 000	4 052 000	9 655 000	10 466 000
Total Current Debt	14 317 000	17 578 000	17 342 000	17 756 000
Total Equity and Debt	20 099 000	25 560 000	25 052 000	25 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,68 %	63,47 %	71,71 %	77,51 %
Debt-to-Equity Ratio	0,03	0,04	0	0
Operating Profit Margin	4,38 %	8,41 %	10,88 %	9,98 %
Current Ratio	1,2	1,07	1,05	1,04
Quick Ratio	1,2	1,07	1,05	1,04
Equity Ratio	0,28	0,3	0,31	0,3
Gross Profit Margin	98,54 %	99,25 %	99,44 %	99,46 %