OEC AS

1613 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

37,07 %

Current Ratio

3,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	734 000	858 000	978 000	987 000
Net Income	771 000	312 000	510 000	426 000
Total Assets	2 405 000	1 687 000	3 053 000	2 537 000
Total Equity	2 080 000	1 309 000	2 597 000	2 088 000

Income (NOK)	2022	2021	2020	2019
Revenue	734 000	858 000	978 000	987 000
Expenditure	596 000	639 000	508 000	598 000
Operating Profit	138 000	219 000	470 000	389 000
Financial Income	675 000	137 000	145 000	132 000
Financial Costs	0	0	0	0
Financial Balance	675 000	137 000	145 000	132 000
Earnings Before Tax	813 000	356 000	615 000	521 000
Tax	42 000	44 000	106 000	95 000
Net Income	771 000	312 000	510 000	426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 192 000	999 000	574 000	554 000
Total Current Assets	1 213 000	688 000	2 479 000	1 983 000
Total Assets	2 405 000	1 687 000	3 053 000	2 537 000
Total Retained Equity	1 980 000	1 209 000	2 497 000	1 988 000
Total Equity	2 080 000	1 309 000	2 597 000	2 088 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	325 000	378 000	456 000	449 000
Total Equity and Debt	2 405 000	1 687 000	3 053 000	2 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	734 000	828 000	978 000	987 000
Other Income	0	30 000	0	0
Revenue	734 000	858 000	978 000	987 000
Cost of Goods Sold	0	0	0	0
Salary Costs	297 000	224 000	264 000	345 000
Depreciation	118 000	100 000	11 000	39 000
Impairment	0	0	0	0
Expenditure	596 000	639 000	508 000	598 000
Operating Profit	138 000	219 000	470 000	389 000
Financial Income	675 000	137 000	145 000	132 000
Financial Costs	0	0	0	0
Financial Balance	675 000	137 000	145 000	132 000
Dividends	0	1 600 000	0	0
Net Income	771 000	312 000	510 000	426 000

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	357 000	474 000	49 000	29 000
Total Tangible Assets	357 000	474 000	49 000	29 000
Total Fiancial Fixed Assets	836 000	525 000	525 000	525 000
Total Fixed Assets	1 192 000	999 000	574 000	554 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 186 000	641 000	2 428 000	1 983 000
Total Current Assets	1 213 000	688 000	2 479 000	1 983 000
Total Assets	2 405 000	1 687 000	3 053 000	2 537 000
Total Equity	2 080 000	1 309 000	2 597 000	2 088 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	200 000	196 000	242 000	243 000
Dividends	0	1 600 000	0	0
Other Current Debt	84 000	138 000	108 000	112 000
Total Current Debt	325 000	378 000	456 000	449 000
Total Equity and Debt	2 405 000	1 687 000	3 053 000	2 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,07 %	23,83 %	19,64 %	20,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,8 %	25,52 %	48,06 %	39,41 %
Current Ratio	3,73	1,82	5,44	4,42
Quick Ratio	3,73	1,82	5,44	4,42
Equity Ratio	0,86	0,78	0,85	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %