ØKORÅD GRUPPEN AS

8515 NARVIK

Finances

Return on Equity

7,47 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 623 000	4 181 000	2 961 000	1 435 000
Net Income	37 000	−102 000	−4 000	32 000
Total Assets	2 190 000	2 044 000	1 918 000	1 335 000
Total Equity	495 000	398 000	499 000	168 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 623 000	4 181 000	2 961 000	1 435 000
Expenditure	5 528 000	4 261 000	2 903 000	1 387 000
Operating Profit	95 000	−79 000	58 000	48 000
Financial Income	0	0	0	0
Financial Costs	46 000	51 000	63 000	7 000
Financial Balance	−46 000	−51 000	−63 000	−7 000
Earnings Before Tax	48 000	−130 000	−5 000	42 000
Tax	11 000	−28 000	−1 000	9 000
Net Income	37 000	−102 000	−4 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 201 000	730 000	919 000	800 000
Total Current Assets	989 000	1 314 000	999 000	535 000
Total Assets	2 190 000	2 044 000	1 918 000	1 335 000
Total Retained Equity	−15 000	−52 000	49 000	53 000
Total Equity	495 000	398 000	499 000	168 000
Total Long-Term Debt	739 000	792 000	961 000	537 000
Total Current Debt	956 000	855 000	457 000	630 000
Total Equity and Debt	2 190 000	2 044 000	1 918 000	1 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 516 000	4 149 000	2 921 000	1 391 000
Other Income	107 000	32 000	40 000	43 000
Revenue	5 623 000	4 181 000	2 961 000	1 435 000
Cost of Goods Sold	2 215 000	1 732 000	852 000	429 000
Salary Costs	1 104 000	1 152 000	754 000	530 000
Depreciation	106 000	98 000	81 000	12 000
Impairment	0	0	0	0
Expenditure	5 528 000	4 261 000	2 903 000	1 387 000
Operating Profit	95 000	−79 000	58 000	48 000
Financial Income	0	0	0	0
Financial Costs	46 000	51 000	63 000	7 000
Financial Balance	−46 000	−51 000	−63 000	−7 000
Dividends	0	0	0	0
Net Income	37 000	−102 000	−4 000	32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	121 000	100 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	595 000	286 000	366 000	118 000
Total Tangible Assets	595 000	286 000	366 000	118 000
Total Fiancial Fixed Assets	497 000	324 000	453 000	583 000
Total Fixed Assets	1 201 000	730 000	919 000	800 000
Stock	193 000	143 000	85 000	0
Total Investments	0	0	0	0
Cash, Bank	118 000	62 000	95 000	273 000
Total Current Assets	989 000	1 314 000	999 000	535 000
Total Assets	2 190 000	2 044 000	1 918 000	1 335 000
Total Equity	495 000	398 000	499 000	168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	739 000	792 000	961 000	537 000
Creditors	738 000	544 000	292 000	340 000
Unpaid Taxes	74 000	55 000	72 000	25 000
Dividends	0	0	0	0
Other Current Debt	144 000	255 000	94 000	262 000
Total Current Debt	956 000	855 000	457 000	630 000
Total Equity and Debt	2 190 000	2 044 000	1 918 000	1 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,47 %	−25,63 %	−0,8 %	19,05 %
Debt-to-Equity Ratio	1,49	1,99	1,93	3,2
Operating Profit Margin	1,69 %	−1,89 %	1,96 %	3,34 %
Current Ratio	1,03	1,54	2,19	0,85
Quick Ratio	1,3	1,85	2,69	0,85
Equity Ratio	0,23	0,19	0,26	0,13
Gross Profit Margin	60,61 %	58,57 %	71,23 %	70,1 %