ØRSTA VEDLIKEHALD AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

72,53 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 907 000	16 589 000	14 991 000	14 237 000
Net Income	2 638 000	1 510 000	1 871 000	1 535 000
Total Assets	9 039 000	8 141 000	8 519 000	7 227 000
Total Equity	3 637 000	2 999 000	3 359 000	3 358 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 907 000	16 589 000	14 991 000	14 237 000
Expenditure	7 914 000	7 189 000	6 881 000	6 577 000
Operating Profit	3 295 000	1 941 000	2 389 000	1 960 000
Financial Income	50 000	3 000	14 000	11 000
Financial Costs	1 000	3 000	1 000	0
Financial Balance	49 000	0	13 000	11 000
Earnings Before Tax	3 344 000	1 941 000	2 402 000	1 971 000
Tax	706 000	431 000	532 000	436 000
Net Income	2 638 000	1 510 000	1 871 000	1 535 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	91 000	105 000	96 000
Total Current Assets	8 860 000	8 050 000	8 415 000	7 130 000
Total Assets	9 039 000	8 141 000	8 519 000	7 227 000
Total Retained Equity	3 537 000	2 899 000	3 259 000	3 258 000
Total Equity	3 637 000	2 999 000	3 359 000	3 358 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 402 000	5 142 000	5 161 000	3 868 000
Total Equity and Debt	9 039 000	8 141 000	8 519 000	7 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 836 000	16 589 000	14 951 000	14 237 000
Other Income	71 000	0	40 000	0
Revenue	17 907 000	16 589 000	14 991 000	14 237 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 252 000	5 608 000	5 202 000	5 146 000
Depreciation	34 000	25 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	7 914 000	7 189 000	6 881 000	6 577 000
Operating Profit	3 295 000	1 941 000	2 389 000	1 960 000
Financial Income	50 000	3 000	14 000	11 000
Financial Costs	1 000	3 000	1 000	0
Financial Balance	49 000	0	13 000	11 000
Dividends	2 000 000	1 870 000	1 870 000	1 200 000
Net Income	2 638 000	1 510 000	1 871 000	1 535 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	60 000	85 000	36 000
Total Tangible Assets	95 000	60 000	85 000	36 000
Total Fiancial Fixed Assets	83 000	31 000	20 000	60 000
Total Fixed Assets	179 000	91 000	105 000	96 000
Stock	540 000	482 000	342 000	339 000
Total Investments	0	0	0	0
Cash, Bank	5 677 000	5 552 000	5 421 000	4 373 000
Total Current Assets	8 860 000	8 050 000	8 415 000	7 130 000
Total Assets	9 039 000	8 141 000	8 519 000	7 227 000
Total Equity	3 637 000	2 999 000	3 359 000	3 358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	721 000	1 180 000	856 000	665 000
Unpaid Taxes	1 392 000	1 100 000	1 347 000	926 000
Dividends	2 000 000	1 870 000	1 870 000	1 200 000
Other Current Debt	2 584 000	2 432 000	2 425 000	1 842 000
Total Current Debt	5 402 000	5 142 000	5 161 000	3 868 000
Total Equity and Debt	9 039 000	8 141 000	8 519 000	7 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,53 %	50,35 %	55,7 %	45,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,4 %	11,7 %	15,94 %	13,77 %
Current Ratio	1,64	1,57	1,63	1,84
Quick Ratio	1,82	1,73	1,75	2,02
Equity Ratio	0,4	0,37	0,39	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %