ØRBECKS FUGESERVICE AS

0375 OSLO

Finances

Share Ownership

Return on Equity

16,91 %

Current Ratio

6,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 855 000	3 168 000	3 340 000	2 657 000
Net Income	518 000	832 000	901 000	634 000
Total Assets	3 663 000	3 162 000	2 248 000	1 311 000
Total Equity	3 063 000	2 545 000	1 712 000	811 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 855 000	3 168 000	3 340 000	2 657 000
Expenditure	2 194 000	2 099 000	2 182 000	1 843 000
Operating Profit	660 000	1 069 000	1 159 000	813 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Earnings Before Tax	660 000	1 069 000	1 158 000	813 000
Tax	142 000	237 000	257 000	179 000
Net Income	518 000	832 000	901 000	634 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	30 000	50 000	75 000
Total Current Assets	3 648 000	3 132 000	2 198 000	1 236 000
Total Assets	3 663 000	3 162 000	2 248 000	1 311 000
Total Retained Equity	3 033 000	2 515 000	1 682 000	781 000
Total Equity	3 063 000	2 545 000	1 712 000	811 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	600 000	617 000	536 000	497 000
Total Equity and Debt	3 663 000	3 162 000	2 248 000	1 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 855 000	3 168 000	3 340 000	2 657 000
Other Income	0	0	0	0
Revenue	2 855 000	3 168 000	3 340 000	2 657 000
Cost of Goods Sold	1 411 000	1 331 000	1 423 000	1 072 000
Salary Costs	619 000	619 000	618 000	622 000
Depreciation	20 000	20 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	2 194 000	2 099 000	2 182 000	1 843 000
Operating Profit	660 000	1 069 000	1 159 000	813 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	518 000	832 000	901 000	634 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	30 000	50 000	0
Fixtures	10 000	0	0	75 000
Total Tangible Assets	10 000	30 000	50 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	30 000	50 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 246 000	2 910 000	1 904 000	611 000
Total Current Assets	3 648 000	3 132 000	2 198 000	1 236 000
Total Assets	3 663 000	3 162 000	2 248 000	1 311 000
Total Equity	3 063 000	2 545 000	1 712 000	811 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	263 000	207 000	105 000	61 000
Unpaid Taxes	124 000	108 000	106 000	200 000
Dividends	0	0	0	0
Other Current Debt	65 000	65 000	66 000	58 000
Total Current Debt	600 000	617 000	536 000	497 000
Total Equity and Debt	3 663 000	3 162 000	2 248 000	1 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,91 %	32,69 %	52,63 %	78,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,12 %	33,74 %	34,7 %	30,6 %
Current Ratio	6,08	5,08	4,1	2,49
Quick Ratio	6,08	5,08	4,1	2,49
Equity Ratio	0,84	0,8	0,76	0,62
Gross Profit Margin	50,58 %	57,99 %	57,4 %	59,65 %