ØRSENG INTERIØRARKITEKTUR AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

64,24 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 827 000	5 917 000	1 781 000	1 126 000
Net Income	494 000	444 000	107 000	299 000
Total Assets	1 514 000	1 392 000	682 000	583 000
Total Equity	769 000	574 000	430 000	323 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 827 000	5 917 000	1 781 000	1 126 000
Expenditure	3 193 000	5 338 000	1 638 000	743 000
Operating Profit	634 000	579 000	143 000	382 000
Financial Income	31 000	3 000	0	0
Financial Costs	28 000	11 000	4 000	0
Financial Balance	3 000	−8 000	−4 000	0
Earnings Before Tax	637 000	571 000	140 000	382 000
Tax	142 000	127 000	33 000	83 000
Net Income	494 000	444 000	107 000	299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	162 000	98 000	65 000
Total Current Assets	1 384 000	1 230 000	584 000	518 000
Total Assets	1 514 000	1 392 000	682 000	583 000
Total Retained Equity	744 000	550 000	406 000	299 000
Total Equity	769 000	574 000	430 000	323 000
Total Long-Term Debt	0	2 000	3 000	3 000
Total Current Debt	745 000	815 000	249 000	257 000
Total Equity and Debt	1 514 000	1 392 000	682 000	583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 827 000	5 917 000	1 781 000	1 126 000
Other Income	0	0	0	0
Revenue	3 827 000	5 917 000	1 781 000	1 126 000
Cost of Goods Sold	1 848 000	4 258 000	888 000	389 000
Salary Costs	914 000	676 000	438 000	212 000
Depreciation	62 000	45 000	33 000	13 000
Impairment	0	0	0	0
Expenditure	3 193 000	5 338 000	1 638 000	743 000
Operating Profit	634 000	579 000	143 000	382 000
Financial Income	31 000	3 000	0	0
Financial Costs	28 000	11 000	4 000	0
Financial Balance	3 000	−8 000	−4 000	0
Dividends	300 000	300 000	0	0
Net Income	494 000	444 000	107 000	299 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	49 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	113 000	98 000	65 000
Total Tangible Assets	96 000	113 000	98 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	130 000	162 000	98 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	853 000	914 000	279 000	324 000
Total Current Assets	1 384 000	1 230 000	584 000	518 000
Total Assets	1 514 000	1 392 000	682 000	583 000
Total Equity	769 000	574 000	430 000	323 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	3 000	3 000
Creditors	390 000	183 000	12 000	9 000
Unpaid Taxes	130 000	442 000	165 000	136 000
Dividends	300 000	300 000	0	0
Other Current Debt	79 000	63 000	39 000	32 000
Total Current Debt	745 000	815 000	249 000	257 000
Total Equity and Debt	1 514 000	1 392 000	682 000	583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,24 %	77,35 %	24,88 %	92,57 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	16,57 %	9,79 %	8,03 %	33,93 %
Current Ratio	1,86	1,51	2,35	2,02
Quick Ratio	1,86	1,51	2,35	2,02
Equity Ratio	0,51	0,41	0,63	0,55
Gross Profit Margin	51,71 %	28,04 %	50,14 %	65,45 %