ØRSVÅGVÆR AS

8300 SVOLVÆR

Finances

Return on Equity

3,55 %

Current Ratio

5,04

Debt-to-Equity Ratio

8,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 796 000	2 641 000	2 487 000	31 000
Net Income	127 000	−17 000	−268 000	667 000
Total Assets	34 722 000	22 996 000	13 433 000	13 816 000
Total Equity	3 573 000	3 447 000	2 948 000	2 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 796 000	2 641 000	2 487 000	31 000
Expenditure	2 584 000	2 238 000	2 760 000	992 000
Operating Profit	1 211 000	404 000	−272 000	−961 000
Financial Income	15 000	0	0	1 000
Financial Costs	1 064 000	426 000	72 000	49 000
Financial Balance	−1 049 000	−426 000	−72 000	−48 000
Earnings Before Tax	162 000	−22 000	−344 000	−1 009 000
Tax	36 000	−5 000	−76 000	−1 676 000
Net Income	127 000	−17 000	−268 000	667 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 338 000	19 549 000	11 090 000	7 139 000
Total Current Assets	12 384 000	3 447 000	2 342 000	6 677 000
Total Assets	34 722 000	22 996 000	13 433 000	13 816 000
Total Retained Equity	127 000	0	0	−2 334 000
Total Equity	3 573 000	3 447 000	2 948 000	2 297 000
Total Long-Term Debt	28 694 000	18 781 000	10 250 000	3 000 000
Total Current Debt	2 455 000	768 000	234 000	8 519 000
Total Equity and Debt	34 722 000	22 996 000	13 433 000	13 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	516 000	309 000	246 000	31 000
Other Income	3 279 000	2 333 000	2 240 000	0
Revenue	3 796 000	2 641 000	2 487 000	31 000
Cost of Goods Sold	221 000	174 000	174 000	0
Salary Costs	0	0	0	0
Depreciation	1 409 000	989 000	728 000	310 000
Impairment	0	0	0	0
Expenditure	2 584 000	2 238 000	2 760 000	992 000
Operating Profit	1 211 000	404 000	−272 000	−961 000
Financial Income	15 000	0	0	1 000
Financial Costs	1 064 000	426 000	72 000	49 000
Financial Balance	−1 049 000	−426 000	−72 000	−48 000
Dividends	0	0	0	0
Net Income	127 000	−17 000	−268 000	667 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	91 000	232 000	415 000
Real Eastate	20 517 000	17 493 000	9 375 000	6 481 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 695 000	1 948 000	1 468 000	227 000
Total Tangible Assets	22 213 000	19 441 000	10 842 000	6 707 000
Total Fiancial Fixed Assets	17 000	17 000	17 000	17 000
Total Fixed Assets	22 338 000	19 549 000	11 090 000	7 139 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	156 000	138 000	277 000	310 000
Total Current Assets	12 384 000	3 447 000	2 342 000	6 677 000
Total Assets	34 722 000	22 996 000	13 433 000	13 816 000
Total Equity	3 573 000	3 447 000	2 948 000	2 297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 694 000	18 781 000	10 250 000	3 000 000
Creditors	2 316 000	649 000	116 000	1 002 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	85 000	120 000	119 000	7 518 000
Total Current Debt	2 455 000	768 000	234 000	8 519 000
Total Equity and Debt	34 722 000	22 996 000	13 433 000	13 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,55 %	−0,49 %	−9,09 %	29,04 %
Debt-to-Equity Ratio	8,03	5,45	3,48	1,31
Operating Profit Margin	31,9 %	15,3 %	−10,94 %	−3 100 %
Current Ratio	5,04	4,49	10,01	0,78
Quick Ratio	5,04	4,49	10,01	0,78
Equity Ratio	0,1	0,15	0,22	0,17
Gross Profit Margin	94,18 %	93,41 %	93 %	100 %