OLINOR AS

6286 ORTEN

Finances

Share Ownership

Return on Equity

−38,64 %

Current Ratio

0,94

Debt-to-Equity Ratio

2,07

Key figures (NOK)	2022	2021	2020
Revenue	1 602 000	1 442 000	2 113 000
Net Income	−233 000	−34 000	845 000
Total Assets	1 969 000	2 428 000	2 126 000
Total Equity	603 000	835 000	869 000

Income (NOK)	2022	2021	2020
Revenue	1 602 000	1 442 000	2 113 000
Expenditure	1 665 000	1 431 000	1 013 000
Operating Profit	−63 000	10 000	1 100 000
Financial Income	0	0	0
Financial Costs	68 000	44 000	18 000
Financial Balance	−68 000	−44 000	−18 000
Earnings Before Tax	−131 000	−34 000	1 083 000
Tax	102 000	0	238 000
Net Income	−233 000	−34 000	845 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 860 000	2 149 000	1 217 000
Total Current Assets	109 000	279 000	909 000
Total Assets	1 969 000	2 428 000	2 126 000
Total Retained Equity	573 000	811 000	845 000
Total Equity	603 000	835 000	869 000
Total Long-Term Debt	1 250 000	1 288 000	830 000
Total Current Debt	116 000	305 000	427 000
Total Equity and Debt	1 969 000	2 428 000	2 126 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 574 000	819 000	2 113 000
Other Income	29 000	623 000	0
Revenue	1 602 000	1 442 000	2 113 000
Cost of Goods Sold	16 000	0	101 000
Salary Costs	875 000	393 000	470 000
Depreciation	329 000	296 000	149 000
Impairment	0	0	0
Expenditure	1 665 000	1 431 000	1 013 000
Operating Profit	−63 000	10 000	1 100 000
Financial Income	0	0	0
Financial Costs	68 000	44 000	18 000
Financial Balance	−68 000	−44 000	−18 000
Dividends	0	0	0
Net Income	−233 000	−34 000	845 000

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	128 000	192 000	65 000
Fixtures	139 000	169 000	150 000
Total Tangible Assets	1 860 000	2 149 000	1 217 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 860 000	2 149 000	1 217 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	79 000	279 000	909 000
Total Current Assets	109 000	279 000	909 000
Total Assets	1 969 000	2 428 000	2 126 000
Total Equity	603 000	835 000	869 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 250 000	1 288 000	830 000
Creditors	17 000	0	213 000
Unpaid Taxes	84 000	319 000	5 000
Dividends	0	0	0
Other Current Debt	0	−30 000	−30 000
Total Current Debt	116 000	305 000	427 000
Total Equity and Debt	1 969 000	2 428 000	2 126 000

Financial indicators	2022	2021	2020
Return on Equity	−38,64 %	−4,07 %	97,24 %
Debt-to-Equity Ratio	2,07	1,54	0,96
Operating Profit Margin	−3,93 %	0,69 %	52,06 %
Current Ratio	0,94	0,91	2,13
Quick Ratio	0,94	0,91	2,13
Equity Ratio	0,31	0,34	0,41
Gross Profit Margin	99 %	100 %	95,22 %