ØRSKOG BILSENTER AS

6240 ØRSKOG

Finances

Return on Equity

72,42 %

Current Ratio

1,05

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 772 000	19 938 000	20 743 000	20 482 000
Net Income	1 150 000	52 000	1 222 000	312 000
Total Assets	7 360 000	5 118 000	6 063 000	5 263 000
Total Equity	1 588 000	1 445 000	1 583 000	964 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 772 000	19 938 000	20 743 000	20 482 000
Expenditure	22 227 000	19 822 000	19 288 000	20 055 000
Operating Profit	1 544 000	116 000	1 455 000	427 000
Financial Income	12 000	6 000	4 000	16 000
Financial Costs	74 000	55 000	93 000	130 000
Financial Balance	−62 000	−49 000	−89 000	−114 000
Earnings Before Tax	1 482 000	67 000	1 366 000	312 000
Tax	332 000	15 000	145 000	0
Net Income	1 150 000	52 000	1 222 000	312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 063 000	1 282 000	1 808 000	1 699 000
Total Current Assets	4 298 000	3 836 000	4 255 000	3 563 000
Total Assets	7 360 000	5 118 000	6 063 000	5 263 000
Total Retained Equity	598 000	455 000	593 000	−26 000
Total Equity	1 588 000	1 445 000	1 583 000	964 000
Total Long-Term Debt	1 668 000	1 137 000	1 265 000	1 564 000
Total Current Debt	4 104 000	2 536 000	3 215 000	2 734 000
Total Equity and Debt	7 360 000	5 118 000	6 063 000	5 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 772 000	19 938 000	20 642 000	20 482 000
Other Income	0	0	100 000	0
Revenue	23 772 000	19 938 000	20 743 000	20 482 000
Cost of Goods Sold	9 042 000	7 701 000	6 764 000	6 867 000
Salary Costs	8 587 000	7 386 000	8 030 000	8 891 000
Depreciation	453 000	416 000	362 000	328 000
Impairment	0	0	0	0
Expenditure	22 227 000	19 822 000	19 288 000	20 055 000
Operating Profit	1 544 000	116 000	1 455 000	427 000
Financial Income	12 000	6 000	4 000	16 000
Financial Costs	74 000	55 000	93 000	130 000
Financial Balance	−62 000	−49 000	−89 000	−114 000
Dividends	500 000	0	0	0
Net Income	1 150 000	52 000	1 222 000	312 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	64 000	25 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 124 000	198 000	289 000	180 000
Fixtures	932 000	1 019 000	1 037 000	1 063 000
Total Tangible Assets	2 056 000	1 217 000	1 327 000	1 243 000
Total Fiancial Fixed Assets	957 000	2 000	456 000	456 000
Total Fixed Assets	3 063 000	1 282 000	1 808 000	1 699 000
Stock	709 000	668 000	1 035 000	828 000
Total Investments	0	0	0	0
Cash, Bank	1 604 000	1 353 000	1 428 000	631 000
Total Current Assets	4 298 000	3 836 000	4 255 000	3 563 000
Total Assets	7 360 000	5 118 000	6 063 000	5 263 000
Total Equity	1 588 000	1 445 000	1 583 000	964 000
Short-Term Group Debt	650 000	243 000	773 000	0
Total Long-Term Debt	1 668 000	1 137 000	1 265 000	1 564 000
Creditors	1 245 000	1 050 000	844 000	753 000
Unpaid Taxes	737 000	584 000	838 000	849 000
Dividends	500 000	0	0	0
Other Current Debt	797 000	659 000	759 000	1 132 000
Total Current Debt	4 104 000	2 536 000	3 215 000	2 734 000
Total Equity and Debt	7 360 000	5 118 000	6 063 000	5 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,42 %	3,6 %	77,2 %	32,37 %
Debt-to-Equity Ratio	1,05	0,79	0,8	1,62
Operating Profit Margin	6,5 %	0,58 %	7,01 %	2,08 %
Current Ratio	1,05	1,51	1,32	1,3
Quick Ratio	1,27	2,05	1,95	1,87
Equity Ratio	0,22	0,28	0,26	0,18
Gross Profit Margin	61,96 %	61,38 %	67,39 %	66,47 %