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7300 ORKANGER

Finances

Share Ownership

Return on Equity

10,34 %

Current Ratio

2,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 001 000	16 886 000	13 774 000	12 124 000
Net Income	441 000	844 000	555 000	1 000
Total Assets	6 615 000	7 541 000	6 586 000	6 352 000
Total Equity	4 265 000	3 824 000	4 080 000	4 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 001 000	16 886 000	13 774 000	12 124 000
Expenditure	13 476 000	15 781 000	13 054 000	12 077 000
Operating Profit	525 000	1 104 000	719 000	46 000
Financial Income	4 000	7 000	15 000	16 000
Financial Costs	17 000	17 000	12 000	16 000
Financial Balance	−13 000	−10 000	3 000	0
Earnings Before Tax	512 000	1 094 000	723 000	46 000
Tax	71 000	250 000	168 000	44 000
Net Income	441 000	844 000	555 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	389 000	589 000	884 000	1 245 000
Total Current Assets	6 226 000	6 952 000	5 702 000	5 107 000
Total Assets	6 615 000	7 541 000	6 586 000	6 352 000
Total Retained Equity	4 165 000	3 724 000	3 980 000	4 269 000
Total Equity	4 265 000	3 824 000	4 080 000	4 369 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 350 000	3 717 000	2 506 000	1 982 000
Total Equity and Debt	6 615 000	7 541 000	6 586 000	6 352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 746 000	16 886 000	13 774 000	12 124 000
Other Income	255 000	0	0	0
Revenue	14 001 000	16 886 000	13 774 000	12 124 000
Cost of Goods Sold	7 025 000	8 938 000	6 855 000	5 901 000
Salary Costs	3 788 000	4 262 000	3 669 000	3 573 000
Depreciation	200 000	295 000	361 000	604 000
Impairment	0	0	0	0
Expenditure	13 476 000	15 781 000	13 054 000	12 077 000
Operating Profit	525 000	1 104 000	719 000	46 000
Financial Income	4 000	7 000	15 000	16 000
Financial Costs	17 000	17 000	12 000	16 000
Financial Balance	−13 000	−10 000	3 000	0
Dividends	0	300 000	750 000	350 000
Net Income	441 000	844 000	555 000	1 000

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	389 000	449 000	542 000	665 000
Fixtures	0	140 000	342 000	580 000
Total Tangible Assets	389 000	589 000	884 000	1 245 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	389 000	589 000	884 000	1 245 000
Stock	2 374 000	2 340 000	1 655 000	1 510 000
Total Investments	0	0	0	0
Cash, Bank	1 338 000	2 608 000	2 702 000	1 914 000
Total Current Assets	6 226 000	6 952 000	5 702 000	5 107 000
Total Assets	6 615 000	7 541 000	6 586 000	6 352 000
Total Equity	4 265 000	3 824 000	4 080 000	4 369 000
Short-Term Group Debt	0	120 000	120 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 248 000	1 063 000	722 000	867 000
Unpaid Taxes	648 000	760 000	402 000	366 000
Dividends	0	300 000	750 000	350 000
Other Current Debt	382 000	424 000	370 000	354 000
Total Current Debt	2 350 000	3 717 000	2 506 000	1 982 000
Total Equity and Debt	6 615 000	7 541 000	6 586 000	6 352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,34 %	22,07 %	13,6 %	0,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,75 %	6,54 %	5,22 %	0,38 %
Current Ratio	2,65	1,87	2,28	2,58
Quick Ratio	−259,42	5,05	6,7	10,82
Equity Ratio	0,64	0,51	0,62	0,69
Gross Profit Margin	49,83 %	47,07 %	50,23 %	51,33 %