KRAGERØ OG GRENLAND ØKONOMISERVICE AS

3735 SKIEN

Finances

Return on Equity

98,34 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 210 000	10 367 000	9 435 000	8 756 000
Net Income	533 000	615 000	643 000	611 000
Total Assets	3 259 000	3 409 000	3 400 000	2 976 000
Total Equity	542 000	585 000	570 000	526 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 210 000	10 367 000	9 435 000	8 756 000
Expenditure	9 533 000	9 582 000	8 612 000	7 976 000
Operating Profit	677 000	785 000	823 000	780 000
Financial Income	7 000	6 000	5 000	5 000
Financial Costs	1 000	2 000	3 000	1 000
Financial Balance	6 000	4 000	2 000	4 000
Earnings Before Tax	683 000	789 000	825 000	784 000
Tax	150 000	174 000	182 000	173 000
Net Income	533 000	615 000	643 000	611 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	74 000	55 000	54 000
Total Current Assets	3 209 000	3 334 000	3 345 000	2 922 000
Total Assets	3 259 000	3 409 000	3 400 000	2 976 000
Total Retained Equity	359 000	385 000	370 000	326 000
Total Equity	542 000	585 000	570 000	526 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 716 000	2 824 000	2 830 000	2 449 000
Total Equity and Debt	3 259 000	3 409 000	3 400 000	2 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 210 000	10 367 000	9 435 000	8 754 000
Other Income	0	0	0	2 000
Revenue	10 210 000	10 367 000	9 435 000	8 756 000
Cost of Goods Sold	53 000	61 000	38 000	58 000
Salary Costs	8 582 000	8 427 000	7 488 000	7 002 000
Depreciation	0	0	8 000	29 000
Impairment	0	0	0	0
Expenditure	9 533 000	9 582 000	8 612 000	7 976 000
Operating Profit	677 000	785 000	823 000	780 000
Financial Income	7 000	6 000	5 000	5 000
Financial Costs	1 000	2 000	3 000	1 000
Financial Balance	6 000	4 000	2 000	4 000
Dividends	275 000	300 000	300 000	300 000
Net Income	533 000	615 000	643 000	611 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	74 000	55 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	74 000	55 000	54 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 071 000	2 434 000	2 328 000	1 822 000
Total Current Assets	3 209 000	3 334 000	3 345 000	2 922 000
Total Assets	3 259 000	3 409 000	3 400 000	2 976 000
Total Equity	542 000	585 000	570 000	526 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	168 000	173 000	121 000	44 000
Unpaid Taxes	958 000	1 167 000	925 000	671 000
Dividends	275 000	300 000	300 000	300 000
Other Current Debt	1 190 000	991 000	1 294 000	1 239 000
Total Current Debt	2 716 000	2 824 000	2 830 000	2 449 000
Total Equity and Debt	3 259 000	3 409 000	3 400 000	2 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,34 %	105,13 %	112,81 %	116,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,63 %	7,57 %	8,72 %	8,91 %
Current Ratio	1,18	1,18	1,18	1,19
Quick Ratio	1,18	1,18	1,18	1,19
Equity Ratio	0,17	0,17	0,17	0,18
Gross Profit Margin	99,48 %	99,41 %	99,6 %	99,34 %