ORKLAND VVS AS

7332 LØKKEN VERK

Finances

Return on Equity

150,9 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 042 000	3 500 000	2 376 000	550 000
Net Income	−252 000	76 000	−9 000	−12 000
Total Assets	422 000	712 000	204 000	98 000
Total Equity	−167 000	85 000	9 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 042 000	3 500 000	2 376 000	550 000
Expenditure	4 285 000	3 438 000	2 386 000	558 000
Operating Profit	−227 000	123 000	3 000	−9 000
Financial Income	4 000	0	0	1 000
Financial Costs	30 000	29 000	12 000	3 000
Financial Balance	−26 000	−29 000	−12 000	−2 000
Earnings Before Tax	−252 000	94 000	−9 000	−12 000
Tax	0	18 000	0	0
Net Income	−252 000	76 000	−9 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 000	104 000	95 000	36 000
Total Current Assets	295 000	608 000	110 000	62 000
Total Assets	422 000	712 000	204 000	98 000
Total Retained Equity	−197 000	55 000	−21 000	−12 000
Total Equity	−167 000	85 000	9 000	18 000
Total Long-Term Debt	50 000	0	0	16 000
Total Current Debt	539 000	627 000	195 000	64 000
Total Equity and Debt	422 000	712 000	204 000	98 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 042 000	3 500 000	2 376 000	550 000
Other Income	0	0	0	0
Revenue	4 042 000	3 500 000	2 376 000	550 000
Cost of Goods Sold	2 529 000	2 070 000	1 382 000	234 000
Salary Costs	832 000	746 000	382 000	45 000
Depreciation	27 000	18 000	12 000	4 000
Impairment	0	0	0	0
Expenditure	4 285 000	3 438 000	2 386 000	558 000
Operating Profit	−227 000	123 000	3 000	−9 000
Financial Income	4 000	0	0	1 000
Financial Costs	30 000	29 000	12 000	3 000
Financial Balance	−26 000	−29 000	−12 000	−2 000
Dividends	0	0	0	0
Net Income	−252 000	76 000	−9 000	−12 000

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	24 000	0
Fixtures	99 000	76 000	50 000	15 000
Total Tangible Assets	99 000	76 000	74 000	15 000
Total Fiancial Fixed Assets	28 000	28 000	21 000	21 000
Total Fixed Assets	127 000	104 000	95 000	36 000
Stock	134 000	119 000	59 000	46 000
Total Investments	0	0	0	0
Cash, Bank	31 000	57 000	25 000	2 000
Total Current Assets	295 000	608 000	110 000	62 000
Total Assets	422 000	712 000	204 000	98 000
Total Equity	−167 000	85 000	9 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	0	0	16 000
Creditors	180 000	376 000	19 000	14 000
Unpaid Taxes	146 000	149 000	103 000	45 000
Dividends	0	0	0	0
Other Current Debt	212 000	84 000	73 000	4 000
Total Current Debt	539 000	627 000	195 000	64 000
Total Equity and Debt	422 000	712 000	204 000	98 000

Financial indicators	2022	2021	2020	2019
Return on Equity	150,9 %	89,41 %	−100 %	−66,67 %
Debt-to-Equity Ratio	−0,3	0	0	0,89
Operating Profit Margin	−5,62 %	3,51 %	0,13 %	−1,64 %
Current Ratio	0,55	0,97	0,56	0,97
Quick Ratio	0,73	1,2	0,81	3,44
Equity Ratio	−0,4	0,12	0,04	0,18
Gross Profit Margin	37,43 %	40,86 %	41,84 %	57,45 %