NORSK ORGELVERKSTED AS

2838 SNERTINGDAL

Finances

Share Ownership

Return on Equity

67 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 437 000	2 666 000	2 186 000	3 921 000
Net Income	1 472 000	352 000	5 000	243 000
Total Assets	4 444 000	1 688 000	1 668 000	1 211 000
Total Equity	2 197 000	1 225 000	873 000	867 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 437 000	2 666 000	2 186 000	3 921 000
Expenditure	1 520 000	2 185 000	2 117 000	3 613 000
Operating Profit	1 917 000	482 000	69 000	308 000
Financial Income	0	0	0	0
Financial Costs	30 000	30 000	62 000	14 000
Financial Balance	−30 000	−30 000	−62 000	−14 000
Earnings Before Tax	1 887 000	452 000	7 000	294 000
Tax	415 000	99 000	2 000	51 000
Net Income	1 472 000	352 000	5 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 950 000	981 000	1 021 000	924 000
Total Current Assets	1 493 000	706 000	647 000	287 000
Total Assets	4 444 000	1 688 000	1 668 000	1 211 000
Total Retained Equity	1 447 000	475 000	123 000	117 000
Total Equity	2 197 000	1 225 000	873 000	867 000
Total Long-Term Debt	1 322 000	42 000	517 000	157 000
Total Current Debt	925 000	421 000	278 000	186 000
Total Equity and Debt	4 444 000	1 688 000	1 668 000	1 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 612 000	2 336 000	1 777 000	3 755 000
Other Income	1 825 000	331 000	410 000	166 000
Revenue	3 437 000	2 666 000	2 186 000	3 921 000
Cost of Goods Sold	385 000	721 000	722 000	1 515 000
Salary Costs	622 000	591 000	422 000	528 000
Depreciation	60 000	110 000	98 000	95 000
Impairment	0	0	0	0
Expenditure	1 520 000	2 185 000	2 117 000	3 613 000
Operating Profit	1 917 000	482 000	69 000	308 000
Financial Income	0	0	0	0
Financial Costs	30 000	30 000	62 000	14 000
Financial Balance	−30 000	−30 000	−62 000	−14 000
Dividends	500 000	0	0	0
Net Income	1 472 000	352 000	5 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 783 000	754 000	734 000	656 000
Machinery and Plant Facilities	167 000	227 000	0	0
Fixtures	0	0	287 000	268 000
Total Tangible Assets	2 950 000	981 000	1 021 000	924 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 950 000	981 000	1 021 000	924 000
Stock	10 000	10 000	42 000	10 000
Total Investments	0	0	0	0
Cash, Bank	248 000	241 000	216 000	66 000
Total Current Assets	1 493 000	706 000	647 000	287 000
Total Assets	4 444 000	1 688 000	1 668 000	1 211 000
Total Equity	2 197 000	1 225 000	873 000	867 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 322 000	42 000	517 000	157 000
Creditors	91 000	37 000	146 000	23 000
Unpaid Taxes	110 000	56 000	70 000	34 000
Dividends	500 000	0	0	0
Other Current Debt	110 000	221 000	62 000	125 000
Total Current Debt	925 000	421 000	278 000	186 000
Total Equity and Debt	4 444 000	1 688 000	1 668 000	1 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67 %	28,73 %	0,57 %	28,03 %
Debt-to-Equity Ratio	0,6	0,03	0,59	0,18
Operating Profit Margin	55,78 %	18,08 %	3,16 %	7,86 %
Current Ratio	1,61	1,68	2,33	1,54
Quick Ratio	1,63	1,72	2,74	1,63
Equity Ratio	0,49	0,73	0,52	0,72
Gross Profit Margin	88,8 %	72,96 %	66,97 %	61,36 %