ØKONOMI GAARDEN AS

4515 MANDAL

Finances

Return on Equity

−12,59 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	329 000	73 000	10 000
Net Income	17 000	180 000	19 000	0
Total Assets	100 000	90 000	154 000	149 000
Total Equity	−135 000	−152 000	−332 000	−350 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	329 000	73 000	10 000
Expenditure	87 000	99 000	48 000	10 000
Operating Profit	30 000	230 000	24 000	0
Financial Income	0	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−8 000	0	0	0
Earnings Before Tax	22 000	230 000	24 000	0
Tax	5 000	51 000	5 000	0
Net Income	17 000	180 000	19 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	90 000	140 000	146 000
Total Current Assets	8 000	0	14 000	3 000
Total Assets	100 000	90 000	154 000	149 000
Total Retained Equity	−154 000	−171 000	−350 000	−369 000
Total Equity	−135 000	−152 000	−332 000	−350 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	235 000	242 000	486 000	499 000
Total Equity and Debt	100 000	90 000	154 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	116 000	329 000	73 000	10 000
Other Income	0	0	0	0
Revenue	116 000	329 000	73 000	10 000
Cost of Goods Sold	34 000	73 000	45 000	0
Salary Costs	0	3 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	87 000	99 000	48 000	10 000
Operating Profit	30 000	230 000	24 000	0
Financial Income	0	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	−8 000	0	0	0
Dividends	0	0	0	0
Net Income	17 000	180 000	19 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	90 000	140 000	146 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 000	0	0	0
Total Fixed Assets	92 000	90 000	140 000	146 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	4 000	3 000
Total Current Assets	8 000	0	14 000	3 000
Total Assets	100 000	90 000	154 000	149 000
Total Equity	−135 000	−152 000	−332 000	−350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	100 000	47 000	57 000	0
Unpaid Taxes	0	6 000	−2 000	0
Dividends	0	0	0	0
Other Current Debt	85 000	189 000	431 000	499 000
Total Current Debt	235 000	242 000	486 000	499 000
Total Equity and Debt	100 000	90 000	154 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,59 %	−118,42 %	−5,72 %	−0 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	25,86 %	69,91 %	32,88 %	0 %
Current Ratio	0,03	0	0,03	0,01
Quick Ratio	0,03	0	0,03	0,01
Equity Ratio	−1,35	−1,69	−2,16	−2,35
Gross Profit Margin	70,69 %	77,81 %	38,36 %	100 %