ORSEM AS

4056 TANANGER

Finances

Return on Equity

9,75 %

Current Ratio

6,54

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 000	59 000	−3 000	46 000
Net Income	35 000	−37 000	−100 000	182 000
Total Assets	1 200 000	1 136 000	1 181 000	1 268 000
Total Equity	359 000	323 000	361 000	460 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 000	59 000	−3 000	46 000
Expenditure	98 000	144 000	14 000	42 000
Operating Profit	−4 000	−85 000	−17 000	4 000
Financial Income	66 000	66 000	64 000	188 000
Financial Costs	26 000	18 000	147 000	10 000
Financial Balance	40 000	48 000	−83 000	178 000
Earnings Before Tax	35 000	−37 000	−100 000	183 000
Tax	0	0	0	1 000
Net Income	35 000	−37 000	−100 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	932 000	932 000	900 000	1 006 000
Total Current Assets	268 000	204 000	281 000	262 000
Total Assets	1 200 000	1 136 000	1 181 000	1 268 000
Total Retained Equity	329 000	293 000	331 000	430 000
Total Equity	359 000	323 000	361 000	460 000
Total Long-Term Debt	800 000	800 000	800 000	800 000
Total Current Debt	41 000	12 000	21 000	8 000
Total Equity and Debt	1 200 000	1 136 000	1 181 000	1 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 000	59 000	−3 000	46 000
Other Income	0	0	0	0
Revenue	94 000	59 000	−3 000	46 000
Cost of Goods Sold	79 000	52 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	98 000	144 000	14 000	42 000
Operating Profit	−4 000	−85 000	−17 000	4 000
Financial Income	66 000	66 000	64 000	188 000
Financial Costs	26 000	18 000	147 000	10 000
Financial Balance	40 000	48 000	−83 000	178 000
Dividends	0	0	0	0
Net Income	35 000	−37 000	−100 000	182 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	932 000	932 000	900 000	1 006 000
Total Fixed Assets	932 000	932 000	900 000	1 006 000
Stock	66 000	16 000	0	0
Total Investments	0	0	0	0
Cash, Bank	141 000	109 000	42 000	259 000
Total Current Assets	268 000	204 000	281 000	262 000
Total Assets	1 200 000	1 136 000	1 181 000	1 268 000
Total Equity	359 000	323 000	361 000	460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	800 000	800 000	800 000	800 000
Creditors	3 000	1 000	1 000	1 000
Unpaid Taxes	18 000	11 000	0	3 000
Dividends	0	0	0	0
Other Current Debt	20 000	0	20 000	3 000
Total Current Debt	41 000	12 000	21 000	8 000
Total Equity and Debt	1 200 000	1 136 000	1 181 000	1 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	−11,46 %	−27,7 %	39,57 %
Debt-to-Equity Ratio	2,23	2,48	2,22	1,74
Operating Profit Margin	−4,26 %	−144,07 %	566,67 %	8,7 %
Current Ratio	6,54	17	13,38	32,75
Quick Ratio	−10,72	−51	13,38	32,75
Equity Ratio	0,3	0,28	0,31	0,36
Gross Profit Margin	15,96 %	11,86 %	100 %	100 %