ORSAND HOLDING AS

7633 FROSTA

Finances

Return on Equity

31,64 %

Current Ratio

5,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	448 000	950 000	−4 000
Total Assets	1 611 000	1 077 000	123 000
Total Equity	1 416 000	967 000	17 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	20 000	8 000	4 000
Operating Profit	−20 000	−8 000	−4 000
Financial Income	470 000	959 000	0
Financial Costs	0	0	0
Financial Balance	470 000	959 000	0
Earnings Before Tax	450 000	951 000	−4 000
Tax	2 000	1 000	0
Net Income	448 000	950 000	−4 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	503 000	113 000	114 000
Total Current Assets	1 108 000	964 000	9 000
Total Assets	1 611 000	1 077 000	123 000
Total Retained Equity	1 386 000	937 000	−13 000
Total Equity	1 416 000	967 000	17 000
Total Long-Term Debt	2 000	0	0
Total Current Debt	194 000	110 000	107 000
Total Equity and Debt	1 611 000	1 077 000	123 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	20 000	8 000	4 000
Operating Profit	−20 000	−8 000	−4 000
Financial Income	470 000	959 000	0
Financial Costs	0	0	0
Financial Balance	470 000	959 000	0
Dividends	0	0	0
Net Income	448 000	950 000	−4 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	503 000	113 000	114 000
Total Fixed Assets	503 000	113 000	114 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	338 000	164 000	9 000
Total Current Assets	1 108 000	964 000	9 000
Total Assets	1 611 000	1 077 000	123 000
Total Equity	1 416 000	967 000	17 000
Short-Term Group Debt	0	5 000	0
Total Long-Term Debt	2 000	0	0
Creditors	4 000	0	2 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	190 000	104 000	104 000
Total Current Debt	194 000	110 000	107 000
Total Equity and Debt	1 611 000	1 077 000	123 000

Financial indicators	2022	2021	2020
Return on Equity	31,64 %	98,24 %	−23,53 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	-
Current Ratio	5,71	8,76	0,08
Quick Ratio	5,71	8,76	0,08
Equity Ratio	0,88	0,9	0,14
Gross Profit Margin	-	-	-