ØKORÅD HADSEL AS

8450 STOKMARKNES

Finances

Return on Equity

1 777 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 021 000	10 722 000	9 443 000	8 422 000
Net Income	1 777 000	1 352 000	1 316 000	916 000
Total Assets	5 993 000	5 489 000	5 014 000	3 418 000
Total Equity	100 000	102 000	2 129 000	1 565 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 021 000	10 722 000	9 443 000	8 422 000
Expenditure	13 714 000	9 025 000	7 761 000	7 247 000
Operating Profit	2 308 000	1 697 000	1 683 000	1 175 000
Financial Income	15 000	8 000	14 000	8 000
Financial Costs	42 000	−29 000	8 000	8 000
Financial Balance	−27 000	37 000	6 000	0
Earnings Before Tax	2 281 000	1 733 000	1 689 000	1 175 000
Tax	504 000	382 000	373 000	259 000
Net Income	1 777 000	1 352 000	1 316 000	916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 333 000	731 000	679 000	676 000
Total Current Assets	4 660 000	4 758 000	4 335 000	2 742 000
Total Assets	5 993 000	5 489 000	5 014 000	3 418 000
Total Retained Equity	0	2 000	2 029 000	1 465 000
Total Equity	100 000	102 000	2 129 000	1 565 000
Total Long-Term Debt	42 000	31 000	19 000	31 000
Total Current Debt	5 851 000	5 357 000	2 866 000	1 822 000
Total Equity and Debt	5 993 000	5 489 000	5 014 000	3 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 021 000	10 722 000	9 443 000	8 422 000
Other Income	0	0	0	0
Revenue	16 021 000	10 722 000	9 443 000	8 422 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 411 000	6 861 000	5 853 000	5 183 000
Depreciation	178 000	97 000	100 000	98 000
Impairment	0	0	0	0
Expenditure	13 714 000	9 025 000	7 761 000	7 247 000
Operating Profit	2 308 000	1 697 000	1 683 000	1 175 000
Financial Income	15 000	8 000	14 000	8 000
Financial Costs	42 000	−29 000	8 000	8 000
Financial Balance	−27 000	37 000	6 000	0
Dividends	1 778 000	3 353 000	0	0
Net Income	1 777 000	1 352 000	1 316 000	916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	465 000	0	0	0
Total Intangible Assets	465 000	0	0	0
Real Eastate	0	25 000	39 000	57 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	683 000	497 000	325 000	406 000
Total Tangible Assets	683 000	522 000	364 000	464 000
Total Fiancial Fixed Assets	185 000	209 000	315 000	212 000
Total Fixed Assets	1 333 000	731 000	679 000	676 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 511 000	3 730 000	3 226 000	1 803 000
Total Current Assets	4 660 000	4 758 000	4 335 000	2 742 000
Total Assets	5 993 000	5 489 000	5 014 000	3 418 000
Total Equity	100 000	102 000	2 129 000	1 565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	31 000	19 000	31 000
Creditors	127 000	116 000	66 000	77 000
Unpaid Taxes	1 432 000	725 000	637 000	547 000
Dividends	1 778 000	3 353 000	0	0
Other Current Debt	2 021 000	799 000	1 991 000	1 057 000
Total Current Debt	5 851 000	5 357 000	2 866 000	1 822 000
Total Equity and Debt	5 993 000	5 489 000	5 014 000	3 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 777 %	1 325,49 %	61,81 %	58,53 %
Debt-to-Equity Ratio	0,42	0,3	0,01	0,02
Operating Profit Margin	14,41 %	15,83 %	17,82 %	13,95 %
Current Ratio	0,8	0,89	1,51	1,5
Quick Ratio	0,8	0,89	1,51	1,5
Equity Ratio	0,02	0,02	0,42	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %