ØRSTA SMYKKER OG KLOKKER AS

6150 ØRSTA

Finances

Share Ownership

Return on Equity

13,27 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 474 000	4 084 000	3 971 000	4 104 000
Net Income	162 000	153 000	273 000	131 000
Total Assets	3 230 000	2 437 000	2 304 000	1 966 000
Total Equity	1 221 000	1 058 000	905 000	632 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 474 000	4 084 000	3 971 000	4 104 000
Expenditure	4 231 000	3 872 000	3 594 000	3 897 000
Operating Profit	242 000	212 000	376 000	207 000
Financial Income	0	0	0	0
Financial Costs	34 000	16 000	26 000	40 000
Financial Balance	−34 000	−16 000	−26 000	−40 000
Earnings Before Tax	208 000	196 000	350 000	167 000
Tax	46 000	43 000	77 000	37 000
Net Income	162 000	153 000	273 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	585 000	24 000	57 000	90 000
Total Current Assets	2 645 000	2 414 000	2 247 000	1 875 000
Total Assets	3 230 000	2 437 000	2 304 000	1 966 000
Total Retained Equity	1 121 000	958 000	805 000	532 000
Total Equity	1 221 000	1 058 000	905 000	632 000
Total Long-Term Debt	925 000	480 000	550 000	600 000
Total Current Debt	1 084 000	899 000	849 000	734 000
Total Equity and Debt	3 230 000	2 437 000	2 304 000	1 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 474 000	4 084 000	3 930 000	4 104 000
Other Income	0	0	41 000	0
Revenue	4 474 000	4 084 000	3 971 000	4 104 000
Cost of Goods Sold	2 129 000	1 987 000	1 874 000	2 033 000
Salary Costs	1 102 000	993 000	881 000	960 000
Depreciation	61 000	32 000	32 000	49 000
Impairment	0	0	0	0
Expenditure	4 231 000	3 872 000	3 594 000	3 897 000
Operating Profit	242 000	212 000	376 000	207 000
Financial Income	0	0	0	0
Financial Costs	34 000	16 000	26 000	40 000
Financial Balance	−34 000	−16 000	−26 000	−40 000
Dividends	0	0	0	0
Net Income	162 000	153 000	273 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	5 000	6 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	582 000	19 000	51 000	83 000
Total Tangible Assets	582 000	19 000	51 000	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	585 000	24 000	57 000	90 000
Stock	2 115 000	1 685 000	1 657 000	1 795 000
Total Investments	0	0	0	0
Cash, Bank	509 000	712 000	569 000	63 000
Total Current Assets	2 645 000	2 414 000	2 247 000	1 875 000
Total Assets	3 230 000	2 437 000	2 304 000	1 966 000
Total Equity	1 221 000	1 058 000	905 000	632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	925 000	480 000	550 000	600 000
Creditors	664 000	534 000	421 000	343 000
Unpaid Taxes	256 000	231 000	250 000	252 000
Dividends	0	0	0	0
Other Current Debt	120 000	93 000	102 000	100 000
Total Current Debt	1 084 000	899 000	849 000	734 000
Total Equity and Debt	3 230 000	2 437 000	2 304 000	1 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,27 %	14,46 %	30,17 %	20,73 %
Debt-to-Equity Ratio	0,76	0,45	0,61	0,95
Operating Profit Margin	5,41 %	5,19 %	9,47 %	5,04 %
Current Ratio	2,44	2,69	2,65	2,55
Quick Ratio	−2,57	−3,07	−2,78	−1,77
Equity Ratio	0,38	0,43	0,39	0,32
Gross Profit Margin	52,41 %	51,35 %	52,81 %	50,46 %