ORSTAD UTVIKLINGSSELSKAP AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

7,91 %

Current Ratio

1,73

Debt-to-Equity Ratio

7,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 630 000	3 600 000	0	26 391 000
Net Income	206 000	−861 000	−1 045 000	627 000
Total Assets	42 871 000	58 008 000	59 853 000	59 064 000
Total Equity	2 605 000	2 399 000	3 259 000	4 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 630 000	3 600 000	0	26 391 000
Expenditure	13 404 000	3 812 000	351 000	24 198 000
Operating Profit	1 226 000	−212 000	−351 000	2 192 000
Financial Income	3 000	0	0	6 000
Financial Costs	965 000	892 000	989 000	1 395 000
Financial Balance	−962 000	−892 000	−989 000	−1 389 000
Earnings Before Tax	264 000	−1 103 000	−1 339 000	803 000
Tax	58 000	−243 000	−294 000	177 000
Net Income	206 000	−861 000	−1 045 000	627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 585 000	5 643 000	294 000	0
Total Current Assets	37 286 000	52 365 000	59 559 000	59 064 000
Total Assets	42 871 000	58 008 000	59 853 000	59 064 000
Total Retained Equity	1 505 000	1 299 000	2 159 000	3 204 000
Total Equity	2 605 000	2 399 000	3 259 000	4 304 000
Total Long-Term Debt	18 750 000	18 750 000	18 750 000	18 750 000
Total Current Debt	21 517 000	36 859 000	37 844 000	36 009 000
Total Equity and Debt	42 871 000	58 008 000	59 853 000	59 064 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 630 000	3 600 000	0	26 391 000
Other Income	0	0	0	0
Revenue	14 630 000	3 600 000	0	26 391 000
Cost of Goods Sold	13 116 000	3 212 000	0	23 607 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 404 000	3 812 000	351 000	24 198 000
Operating Profit	1 226 000	−212 000	−351 000	2 192 000
Financial Income	3 000	0	0	6 000
Financial Costs	965 000	892 000	989 000	1 395 000
Financial Balance	−962 000	−892 000	−989 000	−1 389 000
Dividends	0	0	0	0
Net Income	206 000	−861 000	−1 045 000	627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	479 000	537 000	294 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 106 000	5 106 000	0	0
Total Fixed Assets	5 585 000	5 643 000	294 000	0
Stock	37 286 000	50 177 000	59 559 000	59 064 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	37 286 000	52 365 000	59 559 000	59 064 000
Total Assets	42 871 000	58 008 000	59 853 000	59 064 000
Total Equity	2 605 000	2 399 000	3 259 000	4 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 750 000	18 750 000	18 750 000	18 750 000
Creditors	38 000	586 000	232 000	958 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	208 000	0	0	0
Total Current Debt	21 517 000	36 859 000	37 844 000	36 009 000
Total Equity and Debt	42 871 000	58 008 000	59 853 000	59 064 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,91 %	−35,89 %	−32,07 %	14,57 %
Debt-to-Equity Ratio	7,2	7,82	5,75	4,36
Operating Profit Margin	8,38 %	−5,89 %	-	8,31 %
Current Ratio	1,73	1,42	1,57	1,64
Quick Ratio	−2,36	−3,93	−2,74	−2,56
Equity Ratio	0,06	0,04	0,05	0,07
Gross Profit Margin	10,35 %	10,78 %	-	10,55 %