NORSK ORTOPEDISK FOTTØY AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−12,64 %

Current Ratio

2,23

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 855 000	35 045 000	29 998 000	32 626 000
Net Income	−651 000	3 193 000	471 000	354 000
Total Assets	19 123 000	21 179 000	19 150 000	15 895 000
Total Equity	5 150 000	5 367 000	2 831 000	2 461 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 855 000	35 045 000	29 998 000	32 626 000
Expenditure	34 421 000	30 655 000	29 073 000	31 953 000
Operating Profit	−567 000	4 391 000	925 000	673 000
Financial Income	107 000	37 000	40 000	50 000
Financial Costs	372 000	319 000	347 000	295 000
Financial Balance	−265 000	−282 000	−307 000	−245 000
Earnings Before Tax	−832 000	4 109 000	618 000	428 000
Tax	−181 000	916 000	146 000	74 000
Net Income	−651 000	3 193 000	471 000	354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 523 000	4 359 000	2 868 000	3 101 000
Total Current Assets	14 600 000	16 821 000	16 282 000	12 793 000
Total Assets	19 123 000	21 179 000	19 150 000	15 895 000
Total Retained Equity	4 685 000	5 337 000	2 801 000	2 431 000
Total Equity	5 150 000	5 367 000	2 831 000	2 461 000
Total Long-Term Debt	7 440 000	8 809 000	8 567 000	4 932 000
Total Current Debt	6 533 000	7 003 000	7 753 000	8 502 000
Total Equity and Debt	19 123 000	21 179 000	19 150 000	15 895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 836 000	35 043 000	29 998 000	32 626 000
Other Income	19 000	2 000	0	0
Revenue	33 855 000	35 045 000	29 998 000	32 626 000
Cost of Goods Sold	8 787 000	8 676 000	8 593 000	8 032 000
Salary Costs	15 696 000	13 336 000	12 544 000	15 638 000
Depreciation	1 135 000	995 000	883 000	656 000
Impairment	0	0	0	0
Expenditure	34 421 000	30 655 000	29 073 000	31 953 000
Operating Profit	−567 000	4 391 000	925 000	673 000
Financial Income	107 000	37 000	40 000	50 000
Financial Costs	372 000	319 000	347 000	295 000
Financial Balance	−265 000	−282 000	−307 000	−245 000
Dividends	0	1 000 000	0	0
Net Income	−651 000	3 193 000	471 000	354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	114 000	12 000	0	0
Real Eastate	0	305 000	345 000	385 000
Machinery and Plant Facilities	1 106 000	200 000	358 000	532 000
Fixtures	2 010 000	2 587 000	2 165 000	2 185 000
Total Tangible Assets	3 116 000	3 092 000	2 868 000	3 101 000
Total Fiancial Fixed Assets	1 293 000	1 255 000	0	0
Total Fixed Assets	4 523 000	4 359 000	2 868 000	3 101 000
Stock	3 949 000	4 063 000	4 083 000	4 945 000
Total Investments	0	0	0	0
Cash, Bank	5 883 000	7 270 000	5 736 000	1 860 000
Total Current Assets	14 600 000	16 821 000	16 282 000	12 793 000
Total Assets	19 123 000	21 179 000	19 150 000	15 895 000
Total Equity	5 150 000	5 367 000	2 831 000	2 461 000
Short-Term Group Debt	1 493 000	0	3 665 000	3 574 000
Total Long-Term Debt	7 440 000	8 809 000	8 567 000	4 932 000
Creditors	1 363 000	1 310 000	942 000	1 296 000
Unpaid Taxes	1 858 000	2 201 000	1 712 000	1 989 000
Dividends	0	1 000 000	0	0
Other Current Debt	1 819 000	1 563 000	1 305 000	1 732 000
Total Current Debt	6 533 000	7 003 000	7 753 000	8 502 000
Total Equity and Debt	19 123 000	21 179 000	19 150 000	15 895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,64 %	59,49 %	16,64 %	14,38 %
Debt-to-Equity Ratio	1,44	1,64	3,03	2
Operating Profit Margin	−1,67 %	12,53 %	3,08 %	2,06 %
Current Ratio	2,23	2,4	2,1	1,5
Quick Ratio	5,65	5,72	4,44	3,6
Equity Ratio	0,27	0,25	0,15	0,15
Gross Profit Margin	74,05 %	75,24 %	71,35 %	75,38 %