OGECO AS

1397 NESØYA

Finances

Return on Equity

−6,82 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	246 000	251 000	276 000	26 000
Net Income	−3 000	36 000	−29 000	17 000
Total Assets	935 000	667 000	355 000	43 000
Total Equity	44 000	47 000	11 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	246 000	251 000	276 000	26 000
Expenditure	250 000	314 000	605 000	6 000
Operating Profit	−4 000	−62 000	−329 000	20 000
Financial Income	8 000	105 000	300 000	0
Financial Costs	7 000	5 000	0	0
Financial Balance	1 000	100 000	300 000	0
Earnings Before Tax	−3 000	38 000	−29 000	20 000
Tax	0	2 000	0	3 000
Net Income	−3 000	36 000	−29 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	571 000	408 000	253 000	0
Total Current Assets	363 000	259 000	102 000	43 000
Total Assets	935 000	667 000	355 000	43 000
Total Retained Equity	14 000	17 000	−19 000	10 000
Total Equity	44 000	47 000	11 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	890 000	620 000	344 000	3 000
Total Equity and Debt	935 000	667 000	355 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	246 000	251 000	276 000	26 000
Other Income	0	0	0	0
Revenue	246 000	251 000	276 000	26 000
Cost of Goods Sold	9 000	12 000	20 000	0
Salary Costs	194 000	230 000	555 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	250 000	314 000	605 000	6 000
Operating Profit	−4 000	−62 000	−329 000	20 000
Financial Income	8 000	105 000	300 000	0
Financial Costs	7 000	5 000	0	0
Financial Balance	1 000	100 000	300 000	0
Dividends	0	0	0	0
Net Income	−3 000	36 000	−29 000	17 000

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	571 000	0	0	0
Total Tangible Assets	571 000	0	0	0
Total Fiancial Fixed Assets	0	408 000	253 000	0
Total Fixed Assets	571 000	408 000	253 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	2 000	57 000	15 000
Total Current Assets	363 000	259 000	102 000	43 000
Total Assets	935 000	667 000	355 000	43 000
Total Equity	44 000	47 000	11 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	97 000	39 000	0	0
Unpaid Taxes	44 000	19 000	45 000	0
Dividends	0	0	0	0
Other Current Debt	749 000	560 000	299 000	0
Total Current Debt	890 000	620 000	344 000	3 000
Total Equity and Debt	935 000	667 000	355 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,82 %	76,6 %	−263,64 %	42,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,63 %	−24,7 %	−119,2 %	76,92 %
Current Ratio	0,41	0,42	0,3	14,33
Quick Ratio	0,41	0,42	0,3	14,33
Equity Ratio	0,05	0,07	0,03	0,93
Gross Profit Margin	96,34 %	95,22 %	92,75 %	100 %