ORVEN HOLDING AS

5563 FØRRESFJORDEN

Finances

Return on Equity

−13,64 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	63 000	528 000
Net Income	−645 000	2 156 000	1 700 000	62 000
Total Assets	9 409 000	7 986 000	5 849 000	4 139 000
Total Equity	4 729 000	5 490 000	3 334 000	1 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	63 000	528 000
Expenditure	77 000	87 000	59 000	353 000
Operating Profit	−77 000	−87 000	4 000	175 000
Financial Income	304 000	2 533 000	1 750 000	0
Financial Costs	830 000	308 000	69 000	95 000
Financial Balance	−526 000	2 225 000	1 681 000	−95 000
Earnings Before Tax	−603 000	2 137 000	1 685 000	80 000
Tax	42 000	−19 000	−14 000	18 000
Net Income	−645 000	2 156 000	1 700 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 061 000	3 061 000	5 505 000	3 662 000
Total Current Assets	6 348 000	4 925 000	344 000	478 000
Total Assets	9 409 000	7 986 000	5 849 000	4 139 000
Total Retained Equity	4 618 000	5 379 000	3 222 000	1 523 000
Total Equity	4 729 000	5 490 000	3 334 000	1 634 000
Total Long-Term Debt	16 000	2 120 000	2 139 000	1 933 000
Total Current Debt	4 663 000	376 000	376 000	572 000
Total Equity and Debt	9 409 000	7 986 000	5 849 000	4 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	528 000
Other Income	0	0	63 000	0
Revenue	0	0	63 000	528 000
Cost of Goods Sold	0	0	0	217 000
Salary Costs	0	0	0	1 000
Depreciation	0	0	0	20 000
Impairment	0	0	0	0
Expenditure	77 000	87 000	59 000	353 000
Operating Profit	−77 000	−87 000	4 000	175 000
Financial Income	304 000	2 533 000	1 750 000	0
Financial Costs	830 000	308 000	69 000	95 000
Financial Balance	−526 000	2 225 000	1 681 000	−95 000
Dividends	0	0	0	0
Net Income	−645 000	2 156 000	1 700 000	62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	387 000
Total Tangible Assets	0	0	0	387 000
Total Fiancial Fixed Assets	3 061 000	3 061 000	5 505 000	3 275 000
Total Fixed Assets	3 061 000	3 061 000	5 505 000	3 662 000
Stock	0	0	0	0
Total Investments	3 665 000	4 619 000	0	0
Cash, Bank	34 000	22 000	41 000	376 000
Total Current Assets	6 348 000	4 925 000	344 000	478 000
Total Assets	9 409 000	7 986 000	5 849 000	4 139 000
Total Equity	4 729 000	5 490 000	3 334 000	1 634 000
Short-Term Group Debt	149 000	0	0	0
Total Long-Term Debt	16 000	2 120 000	2 139 000	1 933 000
Creditors	13 000	0	0	38 000
Unpaid Taxes	0	0	0	52 000
Dividends	0	0	0	0
Other Current Debt	102 000	376 000	376 000	480 000
Total Current Debt	4 663 000	376 000	376 000	572 000
Total Equity and Debt	9 409 000	7 986 000	5 849 000	4 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,64 %	39,27 %	50,99 %	3,79 %
Debt-to-Equity Ratio	0	0,39	0,64	1,18
Operating Profit Margin	-	-	6,35 %	33,14 %
Current Ratio	1,36	13,1	0,91	0,84
Quick Ratio	1,36	13,1	0,91	0,84
Equity Ratio	0,5	0,69	0,57	0,39
Gross Profit Margin	-	-	100 %	58,9 %