ØKONOMITEAM SKIEN AS

0598 OSLO

Finances

Share Ownership

Return on Equity

19,21 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 739 000	1 619 000	1 376 000	1 162 000
Net Income	88 000	189 000	121 000	28 000
Total Assets	761 000	678 000	751 000	567 000
Total Equity	458 000	370 000	351 000	345 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 739 000	1 619 000	1 376 000	1 162 000
Expenditure	1 626 000	1 379 000	1 222 000	1 126 000
Operating Profit	113 000	241 000	155 000	35 000
Financial Income	1 000	2 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	1 000	1 000
Earnings Before Tax	114 000	243 000	156 000	36 000
Tax	26 000	54 000	35 000	8 000
Net Income	88 000	189 000	121 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	41 000	99 000	130 000
Total Current Assets	739 000	637 000	652 000	437 000
Total Assets	761 000	678 000	751 000	567 000
Total Retained Equity	358 000	270 000	251 000	245 000
Total Equity	458 000	370 000	351 000	345 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	303 000	308 000	400 000	218 000
Total Equity and Debt	761 000	678 000	751 000	567 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 650 000	1 616 000	1 362 000	1 138 000
Other Income	88 000	3 000	14 000	24 000
Revenue	1 739 000	1 619 000	1 376 000	1 162 000
Cost of Goods Sold	0	1 000	1 000	1 000
Salary Costs	1 275 000	1 078 000	912 000	819 000
Depreciation	19 000	68 000	65 000	56 000
Impairment	0	0	0	0
Expenditure	1 626 000	1 379 000	1 222 000	1 126 000
Operating Profit	113 000	241 000	155 000	35 000
Financial Income	1 000	2 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	1 000	1 000
Dividends	0	170 000	115 000	0
Net Income	88 000	189 000	121 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	52 000	104 000
Total Intangible Assets	14 000	13 000	56 000	104 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	27 000	43 000	26 000
Total Tangible Assets	8 000	27 000	43 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	41 000	99 000	130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	540 000	451 000	420 000	292 000
Total Current Assets	739 000	637 000	652 000	437 000
Total Assets	761 000	678 000	751 000	567 000
Total Equity	458 000	370 000	351 000	345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	7 000	4 000	2 000	1 000
Unpaid Taxes	140 000	134 000	159 000	88 000
Dividends	0	170 000	115 000	0
Other Current Debt	129 000	107 000	82 000	113 000
Total Current Debt	303 000	308 000	400 000	218 000
Total Equity and Debt	761 000	678 000	751 000	567 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,21 %	51,08 %	34,47 %	8,12 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	6,5 %	14,89 %	11,26 %	3,01 %
Current Ratio	2,44	2,07	1,63	2
Quick Ratio	2,44	2,07	1,63	2
Equity Ratio	0,6	0,55	0,47	0,61
Gross Profit Margin	100 %	99,94 %	99,93 %	99,91 %