ØRAVEIEN MEKANISKE VERKSTED AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

17,25 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 157 000	8 531 000	7 547 000	5 286 000
Net Income	134 000	30 000	417 000	2 000
Total Assets	3 055 000	2 949 000	2 426 000	1 939 000
Total Equity	777 000	643 000	613 000	196 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 157 000	8 531 000	7 547 000	5 286 000
Expenditure	8 303 000	8 604 000	6 690 000	4 785 000
Operating Profit	227 000	73 000	556 000	29 000
Financial Income	0	1 000	1 000	0
Financial Costs	55 000	35 000	21 000	26 000
Financial Balance	−55 000	−34 000	−20 000	−26 000
Earnings Before Tax	172 000	38 000	535 000	3 000
Tax	38 000	8 000	118 000	1 000
Net Income	134 000	30 000	417 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	891 000	1 082 000	459 000	392 000
Total Current Assets	2 165 000	1 866 000	1 968 000	1 547 000
Total Assets	3 055 000	2 949 000	2 426 000	1 939 000
Total Retained Equity	746 000	612 000	582 000	165 000
Total Equity	777 000	643 000	613 000	196 000
Total Long-Term Debt	667 000	809 000	283 000	386 000
Total Current Debt	1 612 000	1 497 000	1 531 000	1 357 000
Total Equity and Debt	3 055 000	2 949 000	2 426 000	1 939 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 138 000	8 460 000	7 547 000	5 286 000
Other Income	18 000	71 000	0	0
Revenue	8 157 000	8 531 000	7 547 000	5 286 000
Cost of Goods Sold	1 447 000	1 749 000	1 821 000	957 000
Salary Costs	4 640 000	4 484 000	3 212 000	2 574 000
Depreciation	275 000	202 000	129 000	113 000
Impairment	0	0	0	0
Expenditure	8 303 000	8 604 000	6 690 000	4 785 000
Operating Profit	227 000	73 000	556 000	29 000
Financial Income	0	1 000	1 000	0
Financial Costs	55 000	35 000	21 000	26 000
Financial Balance	−55 000	−34 000	−20 000	−26 000
Dividends	0	0	0	0
Net Income	134 000	30 000	417 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	15 000	13 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	209 000	173 000	288 000	268 000
Fixtures	668 000	895 000	157 000	92 000
Total Tangible Assets	877 000	1 068 000	445 000	360 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	891 000	1 082 000	459 000	392 000
Stock	723 000	350 000	205 000	507 000
Total Investments	0	0	0	0
Cash, Bank	1 049 000	856 000	1 125 000	201 000
Total Current Assets	2 165 000	1 866 000	1 968 000	1 547 000
Total Assets	3 055 000	2 949 000	2 426 000	1 939 000
Total Equity	777 000	643 000	613 000	196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	667 000	809 000	283 000	386 000
Creditors	224 000	274 000	292 000	94 000
Unpaid Taxes	600 000	528 000	564 000	330 000
Dividends	0	0	0	0
Other Current Debt	751 000	685 000	576 000	932 000
Total Current Debt	1 612 000	1 497 000	1 531 000	1 357 000
Total Equity and Debt	3 055 000	2 949 000	2 426 000	1 939 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,25 %	4,67 %	68,03 %	1,02 %
Debt-to-Equity Ratio	0,86	1,26	0,46	1,97
Operating Profit Margin	2,78 %	0,86 %	7,37 %	0,55 %
Current Ratio	1,34	1,25	1,29	1,14
Quick Ratio	2,44	1,63	1,48	1,82
Equity Ratio	0,25	0,22	0,25	0,1
Gross Profit Margin	82,26 %	79,5 %	75,87 %	81,9 %