ORO TEAM AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

55,56 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	415 000	325 000	1 213 000	5 425 000
Net Income	−1 369 000	−292 000	−448 000	−147 000
Total Assets	6 617 000	8 222 000	6 273 000	7 467 000
Total Equity	−2 464 000	−1 095 000	−803 000	−355 000

Income (NOK)	2022	2021	2020	2019
Revenue	415 000	325 000	1 213 000	5 425 000
Expenditure	635 000	466 000	1 614 000	5 437 000
Operating Profit	−220 000	−141 000	−402 000	−12 000
Financial Income	0	0	0	0
Financial Costs	264 000	234 000	173 000	177 000
Financial Balance	−264 000	−234 000	−173 000	−177 000
Earnings Before Tax	−484 000	−375 000	−574 000	−189 000
Tax	885 000	−82 000	−126 000	−41 000
Net Income	−1 369 000	−292 000	−448 000	−147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	885 000	812 000	747 000
Total Current Assets	6 617 000	7 337 000	5 461 000	6 721 000
Total Assets	6 617 000	8 222 000	6 273 000	7 467 000
Total Retained Equity	−2 564 000	−1 195 000	−903 000	−455 000
Total Equity	−2 464 000	−1 095 000	−803 000	−355 000
Total Long-Term Debt	264 000	317 000	371 000	424 000
Total Current Debt	8 818 000	9 000 000	6 705 000	7 398 000
Total Equity and Debt	6 617 000	8 222 000	6 273 000	7 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	415 000	325 000	1 211 000	5 425 000
Other Income	0	0	2 000	0
Revenue	415 000	325 000	1 213 000	5 425 000
Cost of Goods Sold	270 000	0	9 000	448 000
Salary Costs	88 000	266 000	1 344 000	4 585 000
Depreciation	0	10 000	10 000	17 000
Impairment	0	0	0	0
Expenditure	635 000	466 000	1 614 000	5 437 000
Operating Profit	−220 000	−141 000	−402 000	−12 000
Financial Income	0	0	0	0
Financial Costs	264 000	234 000	173 000	177 000
Financial Balance	−264 000	−234 000	−173 000	−177 000
Dividends	0	0	0	0
Net Income	−1 369 000	−292 000	−448 000	−147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	885 000	803 000	676 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	37 000
Fixtures	0	0	10 000	33 000
Total Tangible Assets	0	0	10 000	70 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	885 000	812 000	747 000
Stock	6 460 000	6 980 000	5 127 000	5 053 000
Total Investments	0	0	0	0
Cash, Bank	37 000	18 000	4 000	512 000
Total Current Assets	6 617 000	7 337 000	5 461 000	6 721 000
Total Assets	6 617 000	8 222 000	6 273 000	7 467 000
Total Equity	−2 464 000	−1 095 000	−803 000	−355 000
Short-Term Group Debt	8 667 000	8 336 000	6 008 000	6 029 000
Total Long-Term Debt	264 000	317 000	371 000	424 000
Creditors	44 000	36 000	23 000	14 000
Unpaid Taxes	23 000	27 000	50 000	206 000
Dividends	0	0	0	0
Other Current Debt	85 000	601 000	624 000	1 149 000
Total Current Debt	8 818 000	9 000 000	6 705 000	7 398 000
Total Equity and Debt	6 617 000	8 222 000	6 273 000	7 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,56 %	26,67 %	55,79 %	41,41 %
Debt-to-Equity Ratio	−0,11	−0,29	−0,46	−1,19
Operating Profit Margin	−53,01 %	−43,38 %	−33,14 %	−0,22 %
Current Ratio	0,75	0,82	0,81	0,91
Quick Ratio	2,81	3,63	3,46	2,87
Equity Ratio	−0,37	−0,13	−0,13	−0,05
Gross Profit Margin	34,94 %	100 %	99,26 %	91,74 %