ORIGO TEST & INSPECTION AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

31,58 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 919 000	5 562 000	6 139 000	6 309 000
Net Income	204 000	748 000	7 960 000	−78 000
Total Assets	1 744 000	2 417 000	20 191 000	12 464 000
Total Equity	646 000	443 000	79 000	687 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 919 000	5 562 000	6 139 000	6 309 000
Expenditure	5 658 000	4 618 000	7 243 000	6 383 000
Operating Profit	261 000	944 000	−1 103 000	−74 000
Financial Income	0	16 000	8 868 000	30 000
Financial Costs	0	1 000	54 000	62 000
Financial Balance	0	15 000	8 814 000	−32 000
Earnings Before Tax	261 000	959 000	7 711 000	−106 000
Tax	57 000	211 000	−249 000	−28 000
Net Income	204 000	748 000	7 960 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	377 000	1 101 000	9 669 000
Total Current Assets	1 437 000	2 040 000	19 090 000	2 795 000
Total Assets	1 744 000	2 417 000	20 191 000	12 464 000
Total Retained Equity	567 000	363 000	0	657 000
Total Equity	646 000	443 000	79 000	687 000
Total Long-Term Debt	0	0	1 111 000	10 804 000
Total Current Debt	1 098 000	1 974 000	19 001 000	972 000
Total Equity and Debt	1 744 000	2 417 000	20 191 000	12 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 914 000	5 558 000	6 139 000	6 309 000
Other Income	5 000	4 000	0	0
Revenue	5 919 000	5 562 000	6 139 000	6 309 000
Cost of Goods Sold	205 000	106 000	253 000	302 000
Salary Costs	2 906 000	2 779 000	4 625 000	4 435 000
Depreciation	77 000	114 000	165 000	181 000
Impairment	0	0	0	0
Expenditure	5 658 000	4 618 000	7 243 000	6 383 000
Operating Profit	261 000	944 000	−1 103 000	−74 000
Financial Income	0	16 000	8 868 000	30 000
Financial Costs	0	1 000	54 000	62 000
Financial Balance	0	15 000	8 814 000	−32 000
Dividends	0	1 100 000	18 134 000	0
Net Income	204 000	748 000	7 960 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	157 000	368 000	119 000
Real Eastate	0	10 000	11 000	4 048 000
Machinery and Plant Facilities	9 000	6 000	129 000	181 000
Fixtures	199 000	204 000	151 000	272 000
Total Tangible Assets	207 000	219 000	290 000	4 501 000
Total Fiancial Fixed Assets	0	0	442 000	5 049 000
Total Fixed Assets	307 000	377 000	1 101 000	9 669 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	980 000	1 260 000	4 678 000	1 918 000
Total Current Assets	1 437 000	2 040 000	19 090 000	2 795 000
Total Assets	1 744 000	2 417 000	20 191 000	12 464 000
Total Equity	646 000	443 000	79 000	687 000
Short-Term Group Debt	196 000	18 000	0	0
Total Long-Term Debt	0	0	1 111 000	10 804 000
Creditors	208 000	206 000	34 000	41 000
Unpaid Taxes	254 000	280 000	392 000	475 000
Dividends	0	1 100 000	18 134 000	0
Other Current Debt	440 000	371 000	441 000	456 000
Total Current Debt	1 098 000	1 974 000	19 001 000	972 000
Total Equity and Debt	1 744 000	2 417 000	20 191 000	12 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,58 %	168,85 %	10 075,95 %	−11,35 %
Debt-to-Equity Ratio	0	0	14,06	15,73
Operating Profit Margin	4,41 %	16,97 %	−17,97 %	−1,17 %
Current Ratio	1,31	1,03	1	2,88
Quick Ratio	1,31	1,03	1	2,88
Equity Ratio	0,37	0,18	0	0,06
Gross Profit Margin	96,54 %	98,09 %	95,88 %	95,21 %