ØRSTA NÆRINGSPARK AS

6170 VARTDAL

Finances

Share Ownership

Return on Equity

294,62 %

Current Ratio

0,86

Debt-to-Equity Ratio

−39,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	710 000	759 000	738 000	702 000
Net Income	−657 000	−265 000	135 000	−239 000
Total Assets	9 752 000	5 193 000	5 664 000	5 771 000
Total Equity	−223 000	433 000	698 000	563 000

Income (NOK)	2022	2021	2020	2019
Revenue	710 000	759 000	738 000	702 000
Expenditure	1 445 000	764 000	385 000	786 000
Operating Profit	−735 000	−5 000	353 000	−84 000
Financial Income	1 000	11 000	8 000	3 000
Financial Costs	151 000	302 000	184 000	225 000
Financial Balance	−150 000	−291 000	−176 000	−222 000
Earnings Before Tax	−884 000	−297 000	176 000	−306 000
Tax	−228 000	−32 000	41 000	−67 000
Net Income	−657 000	−265 000	135 000	−239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 770 000	4 852 000	5 226 000	5 081 000
Total Current Assets	982 000	341 000	438 000	689 000
Total Assets	9 752 000	5 193 000	5 664 000	5 771 000
Total Retained Equity	−1 223 000	−567 000	−302 000	−437 000
Total Equity	−223 000	433 000	698 000	563 000
Total Long-Term Debt	8 833 000	4 708 000	4 944 000	5 161 000
Total Current Debt	1 142 000	52 000	22 000	46 000
Total Equity and Debt	9 752 000	5 193 000	5 664 000	5 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	710 000	667 000	0	0
Other Income	0	92 000	738 000	702 000
Revenue	710 000	759 000	738 000	702 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	303 000	238 000	171 000	163 000
Impairment	0	0	0	0
Expenditure	1 445 000	764 000	385 000	786 000
Operating Profit	−735 000	−5 000	353 000	−84 000
Financial Income	1 000	11 000	8 000	3 000
Financial Costs	151 000	302 000	184 000	225 000
Financial Balance	−150 000	−291 000	−176 000	−222 000
Dividends	0	0	0	0
Net Income	−657 000	−265 000	135 000	−239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	342 000	114 000	82 000	123 000
Real Eastate	8 107 000	4 738 000	4 974 000	4 750 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	321 000	0	2 000	5 000
Total Tangible Assets	8 428 000	4 738 000	4 976 000	4 755 000
Total Fiancial Fixed Assets	0	0	168 000	203 000
Total Fixed Assets	8 770 000	4 852 000	5 226 000	5 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	384 000	158 000	371 000	504 000
Total Current Assets	982 000	341 000	438 000	689 000
Total Assets	9 752 000	5 193 000	5 664 000	5 771 000
Total Equity	−223 000	433 000	698 000	563 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 833 000	4 708 000	4 944 000	5 161 000
Creditors	832 000	32 000	1 000	4 000
Unpaid Taxes	0	0	11 000	30 000
Dividends	0	0	0	0
Other Current Debt	310 000	20 000	10 000	13 000
Total Current Debt	1 142 000	52 000	22 000	46 000
Total Equity and Debt	9 752 000	5 193 000	5 664 000	5 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	294,62 %	−61,2 %	19,34 %	−42,45 %
Debt-to-Equity Ratio	−39,61	10,87	7,08	9,17
Operating Profit Margin	−103,52 %	−0,66 %	47,83 %	−11,97 %
Current Ratio	0,86	6,56	19,91	14,98
Quick Ratio	0,86	6,56	19,91	14,98
Equity Ratio	−0,02	0,08	0,12	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %