ØKONOMIGLIMT AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

802,17 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 282 000	6 038 000	4 818 000	4 435 000
Net Income	369 000	297 000	246 000	138 000
Total Assets	2 445 000	1 905 000	1 472 000	1 416 000
Total Equity	46 000	40 000	32 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 282 000	6 038 000	4 818 000	4 435 000
Expenditure	7 799 000	5 642 000	4 496 000	4 259 000
Operating Profit	483 000	396 000	323 000	177 000
Financial Income	3 000	2 000	3 000	7 000
Financial Costs	12 000	17 000	10 000	8 000
Financial Balance	−9 000	−15 000	−7 000	−1 000
Earnings Before Tax	474 000	381 000	315 000	176 000
Tax	106 000	84 000	69 000	37 000
Net Income	369 000	297 000	246 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 000	87 000	809 000	683 000
Total Current Assets	2 313 000	1 818 000	663 000	733 000
Total Assets	2 445 000	1 905 000	1 472 000	1 416 000
Total Retained Equity	16 000	10 000	2 000	8 000
Total Equity	46 000	40 000	32 000	38 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 399 000	1 865 000	1 440 000	1 378 000
Total Equity and Debt	2 445 000	1 905 000	1 472 000	1 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 191 000	6 032 000	4 799 000	4 417 000
Other Income	91 000	6 000	19 000	18 000
Revenue	8 282 000	6 038 000	4 818 000	4 435 000
Cost of Goods Sold	207 000	154 000	452 000	203 000
Salary Costs	5 829 000	4 351 000	3 153 000	3 313 000
Depreciation	70 000	46 000	46 000	44 000
Impairment	0	0	0	0
Expenditure	7 799 000	5 642 000	4 496 000	4 259 000
Operating Profit	483 000	396 000	323 000	177 000
Financial Income	3 000	2 000	3 000	7 000
Financial Costs	12 000	17 000	10 000	8 000
Financial Balance	−9 000	−15 000	−7 000	−1 000
Dividends	0	0	0	0
Net Income	369 000	297 000	246 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	15 000	15 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	38 000	64 000	89 000
Fixtures	120 000	34 000	55 000	75 000
Total Tangible Assets	120 000	73 000	119 000	164 000
Total Fiancial Fixed Assets	0	0	675 000	512 000
Total Fixed Assets	133 000	87 000	809 000	683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	207 000	417 000	113 000	91 000
Total Current Assets	2 313 000	1 818 000	663 000	733 000
Total Assets	2 445 000	1 905 000	1 472 000	1 416 000
Total Equity	46 000	40 000	32 000	38 000
Short-Term Group Debt	465 000	370 000	324 000	190 000
Total Long-Term Debt	0	0	0	0
Creditors	121 000	63 000	34 000	106 000
Unpaid Taxes	622 000	561 000	326 000	310 000
Dividends	0	0	0	0
Other Current Debt	970 000	744 000	503 000	485 000
Total Current Debt	2 399 000	1 865 000	1 440 000	1 378 000
Total Equity and Debt	2 445 000	1 905 000	1 472 000	1 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	802,17 %	742,5 %	768,75 %	363,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,83 %	6,56 %	6,7 %	3,99 %
Current Ratio	0,96	0,97	0,46	0,53
Quick Ratio	0,96	0,97	0,46	0,53
Equity Ratio	0,02	0,02	0,02	0,03
Gross Profit Margin	97,5 %	97,45 %	90,62 %	95,42 %