ØRSNESVEIEN 33 AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

−60,54 %

Current Ratio

3,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	115 000	210 000	207 000
Net Income	−158 000	−29 000	72 000	120 000
Total Assets	332 000	258 000	403 000	482 000
Total Equity	261 000	232 000	261 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	115 000	210 000	207 000
Expenditure	213 000	154 000	121 000	59 000
Operating Profit	−204 000	−39 000	89 000	148 000
Financial Income	2 000	2 000	3 000	6 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	6 000
Earnings Before Tax	−202 000	−37 000	92 000	154 000
Tax	−45 000	−8 000	20 000	34 000
Net Income	−158 000	−29 000	72 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	95 000	90 000	92 000
Total Current Assets	246 000	162 000	312 000	390 000
Total Assets	332 000	258 000	403 000	482 000
Total Retained Equity	0	132 000	161 000	173 000
Total Equity	261 000	232 000	261 000	273 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	72 000	26 000	142 000	207 000
Total Equity and Debt	332 000	258 000	403 000	482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	35 000	210 000	207 000
Other Income	0	80 000	0	0
Revenue	9 000	115 000	210 000	207 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	213 000	154 000	121 000	59 000
Operating Profit	−204 000	−39 000	89 000	148 000
Financial Income	2 000	2 000	3 000	6 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	6 000
Dividends	0	0	0	0
Net Income	−158 000	−29 000	72 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	9 000	1 000	0
Real Eastate	86 000	86 000	89 000	92 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	86 000	86 000	89 000	92 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	87 000	95 000	90 000	92 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	246 000	162 000	312 000	390 000
Total Assets	332 000	258 000	403 000	482 000
Total Equity	261 000	232 000	261 000	273 000
Short-Term Group Debt	0	0	107 000	155 000
Total Long-Term Debt	0	0	0	3 000
Creditors	69 000	26 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	0	34 000	52 000
Total Current Debt	72 000	26 000	142 000	207 000
Total Equity and Debt	332 000	258 000	403 000	482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,54 %	−12,5 %	27,59 %	43,96 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−2 266,67 %	−33,91 %	42,38 %	71,5 %
Current Ratio	3,42	6,23	2,2	1,88
Quick Ratio	3,42	6,23	2,2	1,88
Equity Ratio	0,79	0,9	0,65	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %