ØREN KOSMETIKK AS

3580 GEILO

Finances

Share Ownership

Return on Equity

36,82 %

Current Ratio

3,03

Debt-to-Equity Ratio

2,07

Key figures (NOK)	2022	2021	2020
Revenue	2 156 000	1 974 000	1 252 000
Net Income	81 000	72 000	−27 000
Total Assets	973 000	856 000	698 000
Total Equity	220 000	139 000	67 000

Income (NOK)	2022	2021	2020
Revenue	2 156 000	1 974 000	1 252 000
Expenditure	2 051 000	1 890 000	1 278 000
Operating Profit	105 000	83 000	−27 000
Financial Income	1 000	1 000	0
Financial Costs	2 000	1 000	1 000
Financial Balance	−1 000	0	−1 000
Earnings Before Tax	104 000	83 000	−27 000
Tax	23 000	11 000	0
Net Income	81 000	72 000	−27 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	74 000	90 000	107 000
Total Current Assets	899 000	765 000	591 000
Total Assets	973 000	856 000	698 000
Total Retained Equity	126 000	45 000	−27 000
Total Equity	220 000	139 000	67 000
Total Long-Term Debt	456 000	449 000	500 000
Total Current Debt	297 000	267 000	130 000
Total Equity and Debt	973 000	856 000	698 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 156 000	1 952 000	1 252 000
Other Income	0	22 000	0
Revenue	2 156 000	1 974 000	1 252 000
Cost of Goods Sold	1 224 000	1 194 000	722 000
Salary Costs	488 000	401 000	261 000
Depreciation	16 000	16 000	4 000
Impairment	0	0	0
Expenditure	2 051 000	1 890 000	1 278 000
Operating Profit	105 000	83 000	−27 000
Financial Income	1 000	1 000	0
Financial Costs	2 000	1 000	1 000
Financial Balance	−1 000	0	−1 000
Dividends	0	0	0
Net Income	81 000	72 000	−27 000

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	44 000	60 000	77 000
Total Tangible Assets	44 000	60 000	77 000
Total Fiancial Fixed Assets	30 000	30 000	30 000
Total Fixed Assets	74 000	90 000	107 000
Stock	482 000	438 000	354 000
Total Investments	0	0	0
Cash, Bank	359 000	300 000	213 000
Total Current Assets	899 000	765 000	591 000
Total Assets	973 000	856 000	698 000
Total Equity	220 000	139 000	67 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	456 000	449 000	500 000
Creditors	69 000	111 000	27 000
Unpaid Taxes	103 000	73 000	42 000
Dividends	0	0	0
Other Current Debt	101 000	78 000	61 000
Total Current Debt	297 000	267 000	130 000
Total Equity and Debt	973 000	856 000	698 000

Financial indicators	2022	2021	2020
Return on Equity	36,82 %	51,8 %	−40,3 %
Debt-to-Equity Ratio	2,07	3,23	7,46
Operating Profit Margin	4,87 %	4,2 %	−2,16 %
Current Ratio	3,03	2,87	4,55
Quick Ratio	−4,86	−4,47	−2,64
Equity Ratio	0,23	0,16	0,1
Gross Profit Margin	43,23 %	39,51 %	42,33 %