ORTHOVET AS

4656 HAMRESANDEN

Finances

Share Ownership

Return on Equity

21,54 %

Current Ratio

0,51

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	30 000	250 000	0
Net Income	−28 000	−103 000	−7 000	−21 000
Total Assets	200 000	228 000	270 000	9 000
Total Equity	−130 000	−102 000	1 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	30 000	250 000	0
Expenditure	28 000	134 000	257 000	21 000
Operating Profit	−28 000	−104 000	−7 000	−21 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	−28 000	−103 000	−7 000	−21 000
Tax	0	0	0	0
Net Income	−28 000	−103 000	−7 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	42 000	0	0
Total Current Assets	167 000	186 000	270 000	9 000
Total Assets	200 000	228 000	270 000	9 000
Total Retained Equity	−160 000	−132 000	−29 000	−21 000
Total Equity	−130 000	−102 000	1 000	9 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	330 000	330 000	268 000	0
Total Equity and Debt	200 000	228 000	270 000	9 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	30 000	250 000	0
Other Income	0	0	0	0
Revenue	0	30 000	250 000	0
Cost of Goods Sold	0	31 000	166 000	0
Salary Costs	0	0	0	0
Depreciation	10 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	28 000	134 000	257 000	21 000
Operating Profit	−28 000	−104 000	−7 000	−21 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	−28 000	−103 000	−7 000	−21 000

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	33 000	42 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	33 000	42 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	42 000	0	0
Stock	146 000	146 000	146 000	0
Total Investments	0	0	0	0
Cash, Bank	21 000	39 000	91 000	9 000
Total Current Assets	167 000	186 000	270 000	9 000
Total Assets	200 000	228 000	270 000	9 000
Total Equity	−130 000	−102 000	1 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	61 000	61 000	49 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	269 000	269 000	219 000	0
Total Current Debt	330 000	330 000	268 000	0
Total Equity and Debt	200 000	228 000	270 000	9 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,54 %	100,98 %	−700 %	−233,33 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	-	−346,67 %	−2,8 %	-
Current Ratio	0,51	0,56	1,01	-
Quick Ratio	0,91	1,01	2,21	-
Equity Ratio	−0,65	−0,45	0	1
Gross Profit Margin	-	−3,33 %	33,6 %	-