ORC NORGE AS

4023 STAVANGER

Finances

Return on Equity

5 810 %

Current Ratio

0,01

Debt-to-Equity Ratio

3,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 116 000	1 383 000	650 000	0
Net Income	1 743 000	456 000	−334 000	−6 000
Total Assets	2 440 000	384 000	318 000	10 000
Total Equity	30 000	99 000	−357 000	−21 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 116 000	1 383 000	650 000	0
Expenditure	−1 135 000	923 000	968 000	6 000
Operating Profit	2 250 000	460 000	−318 000	−6 000
Financial Income	0	2 000	1 000	0
Financial Costs	11 000	0	0	0
Financial Balance	−11 000	2 000	1 000	0
Earnings Before Tax	2 239 000	462 000	−317 000	−6 000
Tax	496 000	6 000	17 000	0
Net Income	1 743 000	456 000	−334 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 425 000	16 000	16 000	7 000
Total Current Assets	15 000	368 000	302 000	3 000
Total Assets	2 440 000	384 000	318 000	10 000
Total Retained Equity	0	69 000	−387 000	−51 000
Total Equity	30 000	99 000	−357 000	−21 000
Total Long-Term Debt	100 000	0	0	31 000
Total Current Debt	2 310 000	285 000	676 000	0
Total Equity and Debt	2 440 000	384 000	318 000	10 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 116 000	1 373 000	650 000	0
Other Income	0	10 000	0	0
Revenue	1 116 000	1 383 000	650 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	−1 207 000	699 000	511 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	4 000
Expenditure	−1 135 000	923 000	968 000	6 000
Operating Profit	2 250 000	460 000	−318 000	−6 000
Financial Income	0	2 000	1 000	0
Financial Costs	11 000	0	0	0
Financial Balance	−11 000	2 000	1 000	0
Dividends	1 812 000	0	0	0
Net Income	1 743 000	456 000	−334 000	−6 000

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	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	2 425 000	16 000	16 000	0
Total Fixed Assets	2 425 000	16 000	16 000	7 000
Stock	0	2 000	2 000	0
Total Investments	0	0	0	1 000
Cash, Bank	15 000	138 000	127 000	2 000
Total Current Assets	15 000	368 000	302 000	3 000
Total Assets	2 440 000	384 000	318 000	10 000
Total Equity	30 000	99 000	−357 000	−21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	0	0	31 000
Creditors	0	11 000	0	0
Unpaid Taxes	3 000	120 000	147 000	0
Dividends	1 812 000	0	0	0
Other Current Debt	0	149 000	511 000	0
Total Current Debt	2 310 000	285 000	676 000	0
Total Equity and Debt	2 440 000	384 000	318 000	10 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5 810 %	460,61 %	93,56 %	28,57 %
Debt-to-Equity Ratio	3,33	0	−0	−1,48
Operating Profit Margin	201,61 %	33,26 %	−48,92 %	-
Current Ratio	0,01	1,29	0,45	-
Quick Ratio	0,01	1,3	0,45	-
Equity Ratio	0,01	0,26	−1,12	−2,1
Gross Profit Margin	100 %	100 %	100 %	-