ING ODD LORENTZEN AS

9017 TROMSØ

Finances

Share Ownership

Return on Equity

16,82 %

Current Ratio

6,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	745 000	1 294 000	231 000	839 000
Net Income	124 000	416 000	−288 000	−69 000
Total Assets	871 000	882 000	441 000	951 000
Total Equity	737 000	612 000	396 000	684 000

Income (NOK)	2022	2021	2020	2019
Revenue	745 000	1 294 000	231 000	839 000
Expenditure	625 000	879 000	520 000	913 000
Operating Profit	121 000	416 000	−290 000	−73 000
Financial Income	4 000	1 000	2 000	6 000
Financial Costs	0	0	0	2 000
Financial Balance	4 000	1 000	2 000	4 000
Earnings Before Tax	124 000	416 000	−288 000	−69 000
Tax	0	0	0	0
Net Income	124 000	416 000	−288 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	51 000
Total Current Assets	871 000	882 000	441 000	900 000
Total Assets	871 000	882 000	441 000	951 000
Total Retained Equity	637 000	512 000	296 000	584 000
Total Equity	737 000	612 000	396 000	684 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	135 000	270 000	45 000	267 000
Total Equity and Debt	871 000	882 000	441 000	951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	745 000	1 144 000	231 000	839 000
Other Income	0	150 000	0	0
Revenue	745 000	1 294 000	231 000	839 000
Cost of Goods Sold	229 000	405 000	100 000	284 000
Salary Costs	199 000	265 000	190 000	354 000
Depreciation	0	0	51 000	72 000
Impairment	0	0	0	0
Expenditure	625 000	879 000	520 000	913 000
Operating Profit	121 000	416 000	−290 000	−73 000
Financial Income	4 000	1 000	2 000	6 000
Financial Costs	0	0	0	2 000
Financial Balance	4 000	1 000	2 000	4 000
Dividends	0	200 000	0	200 000
Net Income	124 000	416 000	−288 000	−69 000

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	51 000
Total Tangible Assets	0	0	0	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	815 000	836 000	441 000	840 000
Total Current Assets	871 000	882 000	441 000	900 000
Total Assets	871 000	882 000	441 000	951 000
Total Equity	737 000	612 000	396 000	684 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	67 000	6 000	0	1 000
Unpaid Taxes	45 000	33 000	22 000	28 000
Dividends	0	200 000	0	200 000
Other Current Debt	22 000	31 000	23 000	39 000
Total Current Debt	135 000	270 000	45 000	267 000
Total Equity and Debt	871 000	882 000	441 000	951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,82 %	67,97 %	−72,73 %	−10,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,24 %	32,15 %	−125,54 %	−8,7 %
Current Ratio	6,45	3,27	9,8	3,37
Quick Ratio	6,45	3,27	9,8	3,37
Equity Ratio	0,85	0,69	0,9	0,72
Gross Profit Margin	69,26 %	68,7 %	56,71 %	66,15 %