ØKONOMIKOMPETANSE AS

0584 OSLO

Finances

Return on Equity

5,6 %

Current Ratio

4,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 223 000	1 090 000	1 285 000	1 088 000
Net Income	58 000	47 000	158 000	121 000
Total Assets	1 317 000	1 166 000	1 164 000	980 000
Total Equity	1 035 000	977 000	930 000	772 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 223 000	1 090 000	1 285 000	1 088 000
Expenditure	1 160 000	1 043 000	1 095 000	955 000
Operating Profit	64 000	47 000	189 000	132 000
Financial Income	18 000	14 000	13 000	23 000
Financial Costs	5 000	1 000	0	4 000
Financial Balance	13 000	13 000	13 000	19 000
Earnings Before Tax	77 000	60 000	202 000	151 000
Tax	19 000	13 000	43 000	31 000
Net Income	58 000	47 000	158 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	75 000	107 000	139 000
Total Current Assets	1 300 000	1 092 000	1 057 000	842 000
Total Assets	1 317 000	1 166 000	1 164 000	980 000
Total Retained Equity	975 000	917 000	870 000	712 000
Total Equity	1 035 000	977 000	930 000	772 000
Total Long-Term Debt	0	0	1 000	2 000
Total Current Debt	282 000	190 000	233 000	206 000
Total Equity and Debt	1 317 000	1 166 000	1 164 000	980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 223 000	1 090 000	1 285 000	1 088 000
Other Income	0	0	0	0
Revenue	1 223 000	1 090 000	1 285 000	1 088 000
Cost of Goods Sold	0	116 000	211 000	19 000
Salary Costs	1 013 000	748 000	705 000	748 000
Depreciation	8 000	32 000	32 000	21 000
Impairment	0	0	0	0
Expenditure	1 160 000	1 043 000	1 095 000	955 000
Operating Profit	64 000	47 000	189 000	132 000
Financial Income	18 000	14 000	13 000	23 000
Financial Costs	5 000	1 000	0	4 000
Financial Balance	13 000	13 000	13 000	19 000
Dividends	0	0	0	0
Net Income	58 000	47 000	158 000	121 000

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	17 000	75 000	107 000	139 000
Total Tangible Assets	17 000	75 000	107 000	139 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	75 000	107 000	139 000
Stock	0	0	0	0
Total Investments	43 000	48 000	43 000	41 000
Cash, Bank	1 164 000	978 000	930 000	682 000
Total Current Assets	1 300 000	1 092 000	1 057 000	842 000
Total Assets	1 317 000	1 166 000	1 164 000	980 000
Total Equity	1 035 000	977 000	930 000	772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	2 000
Creditors	9 000	4 000	25 000	5 000
Unpaid Taxes	151 000	86 000	92 000	92 000
Dividends	0	0	0	0
Other Current Debt	103 000	85 000	72 000	81 000
Total Current Debt	282 000	190 000	233 000	206 000
Total Equity and Debt	1 317 000	1 166 000	1 164 000	980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,6 %	4,81 %	16,99 %	15,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,23 %	4,31 %	14,71 %	12,13 %
Current Ratio	4,61	5,75	4,54	4,09
Quick Ratio	4,61	5,75	4,54	4,09
Equity Ratio	0,79	0,84	0,8	0,79
Gross Profit Margin	100 %	89,36 %	83,58 %	98,25 %