ORIVO AS

6415 MOLDE

Finances

Share Ownership

Return on Equity

4,1 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 260 000	4 141 000	3 329 000	3 127 000
Net Income	323 000	1 294 000	−1 352 000	−217 000
Total Assets	10 695 000	9 883 000	7 505 000	9 948 000
Total Equity	7 871 000	7 548 000	6 254 000	7 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 260 000	4 141 000	3 329 000	3 127 000
Expenditure	6 030 000	2 546 000	5 121 000	3 522 000
Operating Profit	230 000	1 595 000	−1 791 000	−395 000
Financial Income	60 000	13 000	57 000	17 000
Financial Costs	56 000	56 000	129 000	48 000
Financial Balance	4 000	−43 000	−72 000	−31 000
Earnings Before Tax	234 000	1 552 000	−1 863 000	−426 000
Tax	−89 000	259 000	−512 000	−209 000
Net Income	323 000	1 294 000	−1 352 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 324 000	5 031 000	4 313 000	4 370 000
Total Current Assets	5 372 000	4 852 000	3 192 000	5 578 000
Total Assets	10 695 000	9 883 000	7 505 000	9 948 000
Total Retained Equity	−83 000	−406 000	−1 700 000	−349 000
Total Equity	7 871 000	7 548 000	6 254 000	7 606 000
Total Long-Term Debt	0	0	0	500 000
Total Current Debt	2 825 000	2 335 000	1 251 000	1 842 000
Total Equity and Debt	10 695 000	9 883 000	7 505 000	9 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 631 000	3 756 000	2 868 000	2 603 000
Other Income	630 000	385 000	461 000	524 000
Revenue	6 260 000	4 141 000	3 329 000	3 127 000
Cost of Goods Sold	745 000	300 000	520 000	295 000
Salary Costs	2 679 000	1 216 000	1 320 000	1 988 000
Depreciation	867 000	349 000	345 000	131 000
Impairment	0	0	1 410 000	0
Expenditure	6 030 000	2 546 000	5 121 000	3 522 000
Operating Profit	230 000	1 595 000	−1 791 000	−395 000
Financial Income	60 000	13 000	57 000	17 000
Financial Costs	56 000	56 000	129 000	48 000
Financial Balance	4 000	−43 000	−72 000	−31 000
Dividends	0	0	0	0
Net Income	323 000	1 294 000	−1 352 000	−217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 320 000	5 019 000	4 293 000	4 370 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	12 000	20 000	0
Total Tangible Assets	4 000	12 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 324 000	5 031 000	4 313 000	4 370 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 618 000	979 000	1 544 000	2 723 000
Total Current Assets	5 372 000	4 852 000	3 192 000	5 578 000
Total Assets	10 695 000	9 883 000	7 505 000	9 948 000
Total Equity	7 871 000	7 548 000	6 254 000	7 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	500 000
Creditors	1 070 000	1 312 000	120 000	263 000
Unpaid Taxes	219 000	19 000	146 000	267 000
Dividends	0	0	0	0
Other Current Debt	1 536 000	1 004 000	985 000	1 310 000
Total Current Debt	2 825 000	2 335 000	1 251 000	1 842 000
Total Equity and Debt	10 695 000	9 883 000	7 505 000	9 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,1 %	17,14 %	−21,62 %	−2,85 %
Debt-to-Equity Ratio	0	0	0	0,07
Operating Profit Margin	3,67 %	38,52 %	−53,8 %	−12,63 %
Current Ratio	1,9	2,08	2,55	3,03
Quick Ratio	1,9	2,08	2,55	3,03
Equity Ratio	0,74	0,76	0,83	0,76
Gross Profit Margin	88,1 %	92,76 %	84,38 %	90,57 %