ORTHEX NORWAY AS

0581 OSLO

Finances

Share Ownership

Return on Equity

19,94 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 342 000	74 273 000	61 280 000	48 572 000
Net Income	3 166 000	3 363 000	2 720 000	3 155 000
Total Assets	31 779 000	28 516 000	21 912 000	16 056 000
Total Equity	15 875 000	12 710 000	9 346 000	6 626 000

Income (NOK)	2022	2021	2020	2019
Revenue	79 342 000	74 273 000	61 280 000	48 572 000
Expenditure	75 267 000	69 968 000	58 560 000	43 622 000
Operating Profit	4 076 000	4 306 000	3 531 000	4 139 000
Financial Income	29 000	79 000	97 000	34 000
Financial Costs	43 000	65 000	140 000	127 000
Financial Balance	−14 000	14 000	−43 000	−93 000
Earnings Before Tax	4 061 000	4 320 000	3 488 000	4 045 000
Tax	895 000	957 000	768 000	890 000
Net Income	3 166 000	3 363 000	2 720 000	3 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	31 779 000	28 516 000	21 912 000	16 056 000
Total Assets	31 779 000	28 516 000	21 912 000	16 056 000
Total Retained Equity	15 725 000	12 560 000	9 196 000	6 476 000
Total Equity	15 875 000	12 710 000	9 346 000	6 626 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 904 000	15 806 000	12 566 000	9 430 000
Total Equity and Debt	31 779 000	28 516 000	21 912 000	16 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 342 000	74 273 000	61 280 000	48 571 000
Other Income	0	0	0	1 000
Revenue	79 342 000	74 273 000	61 280 000	48 572 000
Cost of Goods Sold	68 961 000	63 878 000	52 755 000	38 143 000
Salary Costs	2 392 000	2 444 000	1 425 000	879 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 267 000	69 968 000	58 560 000	43 622 000
Operating Profit	4 076 000	4 306 000	3 531 000	4 139 000
Financial Income	29 000	79 000	97 000	34 000
Financial Costs	43 000	65 000	140 000	127 000
Financial Balance	−14 000	14 000	−43 000	−93 000
Dividends	0	0	0	0
Net Income	3 166 000	3 363 000	2 720 000	3 155 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 243 000	11 158 000	6 867 000	3 945 000
Total Current Assets	31 779 000	28 516 000	21 912 000	16 056 000
Total Assets	31 779 000	28 516 000	21 912 000	16 056 000
Total Equity	15 875 000	12 710 000	9 346 000	6 626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 674 000	10 472 000	6 746 000	4 883 000
Unpaid Taxes	3 842 000	3 695 000	3 141 000	2 335 000
Dividends	0	0	0	0
Other Current Debt	492 000	682 000	1 912 000	1 321 000
Total Current Debt	15 904 000	15 806 000	12 566 000	9 430 000
Total Equity and Debt	31 779 000	28 516 000	21 912 000	16 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,94 %	26,46 %	29,1 %	47,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,14 %	5,8 %	5,76 %	8,52 %
Current Ratio	2	1,8	1,74	1,7
Quick Ratio	2	1,8	1,74	1,7
Equity Ratio	0,5	0,45	0,43	0,41
Gross Profit Margin	13,08 %	14 %	13,91 %	21,47 %