ØRSTA OPTISKE AS

6150 ØRSTA

Finances

Share Ownership

Return on Equity

211,67 %

Current Ratio

0,51

Debt-to-Equity Ratio

−8,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 133 000	10 550 000	10 262 000	10 186 000
Net Income	−798 000	−455 000	231 000	−234 000
Total Assets	4 847 000	5 278 000	3 436 000	3 224 000
Total Equity	−377 000	421 000	876 000	645 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 133 000	10 550 000	10 262 000	10 186 000
Expenditure	7 734 000	10 944 000	9 893 000	10 334 000
Operating Profit	−601 000	−395 000	370 000	−149 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	201 000	82 000	99 000	103 000
Financial Balance	−197 000	−79 000	−96 000	−99 000
Earnings Before Tax	−798 000	−474 000	274 000	−248 000
Tax	0	−19 000	44 000	−14 000
Net Income	−798 000	−455 000	231 000	−234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 873 000	2 459 000	2 345 000	2 491 000
Total Current Assets	974 000	2 819 000	1 091 000	733 000
Total Assets	4 847 000	5 278 000	3 436 000	3 224 000
Total Retained Equity	−777 000	21 000	476 000	245 000
Total Equity	−377 000	421 000	876 000	645 000
Total Long-Term Debt	3 302 000	3 000 000	1 241 000	1 115 000
Total Current Debt	1 922 000	1 857 000	1 319 000	1 464 000
Total Equity and Debt	4 847 000	5 278 000	3 436 000	3 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 151 000	10 572 000	10 229 000	10 185 000
Other Income	−18 000	−23 000	34 000	1 000
Revenue	7 133 000	10 550 000	10 262 000	10 186 000
Cost of Goods Sold	2 581 000	3 234 000	3 093 000	2 936 000
Salary Costs	2 852 000	4 144 000	3 376 000	4 069 000
Depreciation	626 000	259 000	236 000	188 000
Impairment	0	0	0	0
Expenditure	7 734 000	10 944 000	9 893 000	10 334 000
Operating Profit	−601 000	−395 000	370 000	−149 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	201 000	82 000	99 000	103 000
Financial Balance	−197 000	−79 000	−96 000	−99 000
Dividends	0	0	0	0
Net Income	−798 000	−455 000	231 000	−234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 848 000	1 862 000	1 835 000	1 877 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 025 000	597 000	510 000	614 000
Total Tangible Assets	3 873 000	2 459 000	2 345 000	2 491 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 873 000	2 459 000	2 345 000	2 491 000
Stock	421 000	389 000	365 000	491 000
Total Investments	0	0	0	0
Cash, Bank	449 000	1 856 000	593 000	84 000
Total Current Assets	974 000	2 819 000	1 091 000	733 000
Total Assets	4 847 000	5 278 000	3 436 000	3 224 000
Total Equity	−377 000	421 000	876 000	645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 302 000	3 000 000	1 241 000	1 115 000
Creditors	926 000	1 136 000	609 000	654 000
Unpaid Taxes	239 000	305 000	387 000	285 000
Dividends	0	0	0	0
Other Current Debt	209 000	416 000	299 000	258 000
Total Current Debt	1 922 000	1 857 000	1 319 000	1 464 000
Total Equity and Debt	4 847 000	5 278 000	3 436 000	3 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	211,67 %	−108,08 %	26,37 %	−36,28 %
Debt-to-Equity Ratio	−8,76	7,13	1,42	1,73
Operating Profit Margin	−8,43 %	−3,74 %	3,61 %	−1,46 %
Current Ratio	0,51	1,52	0,83	0,5
Quick Ratio	0,65	1,92	1,14	0,75
Equity Ratio	−0,08	0,08	0,25	0,2
Gross Profit Margin	63,82 %	69,35 %	69,86 %	71,18 %