ØKONOMIRINGEN LANDBRUK AS

2436 VÅLER I SOLØR

Finances

Share Ownership

Return on Equity

96,55 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 685 000	2 518 000	2 331 000	2 066 000
Net Income	224 000	239 000	239 000	267 000
Total Assets	1 499 000	1 514 000	1 517 000	1 652 000
Total Equity	232 000	208 000	369 000	430 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 685 000	2 518 000	2 331 000	2 066 000
Expenditure	2 389 000	2 206 000	2 024 000	1 721 000
Operating Profit	295 000	311 000	308 000	345 000
Financial Income	5 000	5 000	2 000	2 000
Financial Costs	3 000	3 000	3 000	4 000
Financial Balance	2 000	2 000	−1 000	−2 000
Earnings Before Tax	298 000	313 000	307 000	343 000
Tax	74 000	74 000	68 000	75 000
Net Income	224 000	239 000	239 000	267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	60 000	120 000	180 000
Total Current Assets	1 499 000	1 454 000	1 397 000	1 472 000
Total Assets	1 499 000	1 514 000	1 517 000	1 652 000
Total Retained Equity	182 000	158 000	319 000	380 000
Total Equity	232 000	208 000	369 000	430 000
Total Long-Term Debt	0	0	5 000	12 000
Total Current Debt	1 266 000	1 305 000	1 143 000	1 210 000
Total Equity and Debt	1 499 000	1 514 000	1 517 000	1 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 685 000	2 518 000	2 331 000	2 066 000
Other Income	0	0	0	0
Revenue	2 685 000	2 518 000	2 331 000	2 066 000
Cost of Goods Sold	0	21 000	0	0
Salary Costs	1 542 000	1 659 000	1 596 000	1 260 000
Depreciation	60 000	60 000	60 000	60 000
Impairment	0	0	0	0
Expenditure	2 389 000	2 206 000	2 024 000	1 721 000
Operating Profit	295 000	311 000	308 000	345 000
Financial Income	5 000	5 000	2 000	2 000
Financial Costs	3 000	3 000	3 000	4 000
Financial Balance	2 000	2 000	−1 000	−2 000
Dividends	200 000	400 000	300 000	200 000
Net Income	224 000	239 000	239 000	267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	60 000	120 000	180 000
Total Intangible Assets	0	60 000	120 000	180 000
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	0	0	0	0
Total Fixed Assets	0	60 000	120 000	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	866 000	448 000	838 000	639 000
Total Current Assets	1 499 000	1 454 000	1 397 000	1 472 000
Total Assets	1 499 000	1 514 000	1 517 000	1 652 000
Total Equity	232 000	208 000	369 000	430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	12 000
Creditors	9 000	15 000	20 000	10 000
Unpaid Taxes	107 000	159 000	152 000	165 000
Dividends	200 000	400 000	300 000	200 000
Other Current Debt	875 000	851 000	596 000	754 000
Total Current Debt	1 266 000	1 305 000	1 143 000	1 210 000
Total Equity and Debt	1 499 000	1 514 000	1 517 000	1 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,55 %	114,9 %	64,77 %	62,09 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	10,99 %	12,35 %	13,21 %	16,7 %
Current Ratio	1,18	1,11	1,22	1,22
Quick Ratio	1,18	1,11	1,22	1,22
Equity Ratio	0,15	0,14	0,24	0,26
Gross Profit Margin	100 %	99,17 %	100 %	100 %