ØKONOMIKONTORET AS

1423 SKI

Finances

Share Ownership

Return on Equity

−56,88 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 380 000	11 730 000	12 482 000	11 478 000
Net Income	−314 000	344 000	354 000	290 000
Total Assets	3 269 000	4 000 000	4 240 000	3 583 000
Total Equity	552 000	866 000	722 000	568 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 380 000	11 730 000	12 482 000	11 478 000
Expenditure	10 713 000	11 400 000	11 997 000	11 039 000
Operating Profit	−333 000	330 000	485 000	438 000
Financial Income	19 000	14 000	16 000	10 000
Financial Costs	0	0	3 000	15 000
Financial Balance	19 000	14 000	13 000	−5 000
Earnings Before Tax	−314 000	344 000	498 000	433 000
Tax	0	0	144 000	142 000
Net Income	−314 000	344 000	354 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	40 000	45 000	55 000
Total Current Assets	3 232 000	3 960 000	4 194 000	3 529 000
Total Assets	3 269 000	4 000 000	4 240 000	3 583 000
Total Retained Equity	302 000	616 000	472 000	318 000
Total Equity	552 000	866 000	722 000	568 000
Total Long-Term Debt	0	0	0	128 000
Total Current Debt	2 716 000	3 134 000	3 517 000	2 887 000
Total Equity and Debt	3 269 000	4 000 000	4 240 000	3 583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 283 000	11 720 000	12 465 000	11 430 000
Other Income	97 000	10 000	17 000	48 000
Revenue	10 380 000	11 730 000	12 482 000	11 478 000
Cost of Goods Sold	430 000	514 000	418 000	316 000
Salary Costs	7 956 000	8 780 000	9 255 000	8 311 000
Depreciation	3 000	5 000	9 000	19 000
Impairment	0	0	0	0
Expenditure	10 713 000	11 400 000	11 997 000	11 039 000
Operating Profit	−333 000	330 000	485 000	438 000
Financial Income	19 000	14 000	16 000	10 000
Financial Costs	0	0	3 000	15 000
Financial Balance	19 000	14 000	13 000	−5 000
Dividends	0	200 000	200 000	0
Net Income	−314 000	344 000	354 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	4 000	9 000	18 000
Total Tangible Assets	1 000	4 000	9 000	18 000
Total Fiancial Fixed Assets	36 000	36 000	36 000	36 000
Total Fixed Assets	37 000	40 000	45 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 750 000	2 436 000	2 460 000	1 953 000
Total Current Assets	3 232 000	3 960 000	4 194 000	3 529 000
Total Assets	3 269 000	4 000 000	4 240 000	3 583 000
Total Equity	552 000	866 000	722 000	568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	128 000
Creditors	83 000	80 000	80 000	95 000
Unpaid Taxes	1 015 000	1 097 000	1 333 000	1 060 000
Dividends	0	200 000	200 000	0
Other Current Debt	1 618 000	1 757 000	1 760 000	1 590 000
Total Current Debt	2 716 000	3 134 000	3 517 000	2 887 000
Total Equity and Debt	3 269 000	4 000 000	4 240 000	3 583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,88 %	39,72 %	49,03 %	51,06 %
Debt-to-Equity Ratio	0	0	0	0,23
Operating Profit Margin	−3,21 %	2,81 %	3,89 %	3,82 %
Current Ratio	1,19	1,26	1,19	1,22
Quick Ratio	1,19	1,26	1,19	1,22
Equity Ratio	0,17	0,22	0,17	0,16
Gross Profit Margin	95,86 %	95,62 %	96,65 %	97,25 %