ØRJAN THUNSHELLE AS

5743 FLÅM

Finances

Share Ownership

Return on Equity

17,05 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 040 000	1 045 000	788 000	812 000
Net Income	22 000	34 000	10 000	3 000
Total Assets	336 000	286 000	217 000	196 000
Total Equity	129 000	107 000	73 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 040 000	1 045 000	788 000	812 000
Expenditure	1 014 000	1 011 000	776 000	804 000
Operating Profit	25 000	34 000	10 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	5 000
Financial Balance	0	0	−1 000	−5 000
Earnings Before Tax	26 000	34 000	10 000	3 000
Tax	4 000	0	0	0
Net Income	22 000	34 000	10 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	8 000
Total Current Assets	336 000	286 000	217 000	188 000
Total Assets	336 000	286 000	217 000	196 000
Total Retained Equity	99 000	77 000	43 000	33 000
Total Equity	129 000	107 000	73 000	63 000
Total Long-Term Debt	0	0	0	11 000
Total Current Debt	206 000	178 000	144 000	122 000
Total Equity and Debt	336 000	286 000	217 000	196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 040 000	1 045 000	788 000	812 000
Other Income	0	0	0	0
Revenue	1 040 000	1 045 000	788 000	812 000
Cost of Goods Sold	232 000	270 000	176 000	171 000
Salary Costs	574 000	525 000	483 000	367 000
Depreciation	0	0	8 000	28 000
Impairment	0	0	0	0
Expenditure	1 014 000	1 011 000	776 000	804 000
Operating Profit	25 000	34 000	10 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	5 000
Financial Balance	0	0	−1 000	−5 000
Dividends	0	0	0	0
Net Income	22 000	34 000	10 000	3 000

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	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	183 000	52 000	97 000	77 000
Total Current Assets	336 000	286 000	217 000	188 000
Total Assets	336 000	286 000	217 000	196 000
Total Equity	129 000	107 000	73 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	11 000
Creditors	78 000	57 000	19 000	32 000
Unpaid Taxes	61 000	67 000	75 000	51 000
Dividends	0	0	0	0
Other Current Debt	64 000	54 000	51 000	39 000
Total Current Debt	206 000	178 000	144 000	122 000
Total Equity and Debt	336 000	286 000	217 000	196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,05 %	31,78 %	13,7 %	4,76 %
Debt-to-Equity Ratio	0	0	0	0,17
Operating Profit Margin	2,4 %	3,25 %	1,27 %	0,99 %
Current Ratio	1,63	1,61	1,51	1,54
Quick Ratio	1,63	1,61	1,51	1,54
Equity Ratio	0,38	0,37	0,34	0,32
Gross Profit Margin	77,69 %	74,16 %	77,66 %	78,94 %