ORKESTRA AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−13,39 %

Current Ratio

2,22

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 914 000	1 904 000	1 430 000	1 009 000
Net Income	−34 000	−109 000	239 000	−69 000
Total Assets	962 000	604 000	542 000	154 000
Total Equity	254 000	288 000	352 000	113 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 914 000	1 904 000	1 430 000	1 009 000
Expenditure	2 846 000	2 017 000	1 123 000	1 100 000
Operating Profit	68 000	−113 000	307 000	−91 000
Financial Income	0	1 000	0	1 000
Financial Costs	8 000	1 000	0	0
Financial Balance	−8 000	0	0	1 000
Earnings Before Tax	61 000	−113 000	307 000	−89 000
Tax	95 000	−4 000	67 000	−20 000
Net Income	−34 000	−109 000	239 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−1 000	46 000	30 000	19 000
Total Current Assets	963 000	558 000	513 000	135 000
Total Assets	962 000	604 000	542 000	154 000
Total Retained Equity	229 000	263 000	327 000	88 000
Total Equity	254 000	288 000	352 000	113 000
Total Long-Term Debt	276 000	0	2 000	0
Total Current Debt	433 000	317 000	189 000	41 000
Total Equity and Debt	962 000	604 000	542 000	154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 914 000	1 918 000	1 426 000	1 009 000
Other Income	0	−14 000	5 000	0
Revenue	2 914 000	1 904 000	1 430 000	1 009 000
Cost of Goods Sold	533 000	251 000	558 000	1 027 000
Salary Costs	1 137 000	1 261 000	358 000	0
Depreciation	6 000	8 000	2 000	0
Impairment	0	1 000	0	0
Expenditure	2 846 000	2 017 000	1 123 000	1 100 000
Operating Profit	68 000	−113 000	307 000	−91 000
Financial Income	0	1 000	0	1 000
Financial Costs	8 000	1 000	0	0
Financial Balance	−8 000	0	0	1 000
Dividends	0	0	0	0
Net Income	−34 000	−109 000	239 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	0	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	23 000	30 000	0
Total Tangible Assets	17 000	23 000	30 000	0
Total Fiancial Fixed Assets	−18 000	0	0	0
Total Fixed Assets	−1 000	46 000	30 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	757 000	431 000	362 000	1 000
Total Current Assets	963 000	558 000	513 000	135 000
Total Assets	962 000	604 000	542 000	154 000
Total Equity	254 000	288 000	352 000	113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	276 000	0	2 000	0
Creditors	135 000	53 000	18 000	43 000
Unpaid Taxes	127 000	139 000	92 000	−2 000
Dividends	0	0	0	0
Other Current Debt	99 000	125 000	32 000	0
Total Current Debt	433 000	317 000	189 000	41 000
Total Equity and Debt	962 000	604 000	542 000	154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,39 %	−37,85 %	67,9 %	−61,06 %
Debt-to-Equity Ratio	1,09	0	0,01	0
Operating Profit Margin	2,33 %	−5,93 %	21,47 %	−9,02 %
Current Ratio	2,22	1,76	2,71	3,29
Quick Ratio	2,22	1,76	2,71	3,29
Equity Ratio	0,26	0,48	0,65	0,73
Gross Profit Margin	81,71 %	86,82 %	60,98 %	−1,78 %