ORKDAL VARME OG SANITÆR AS

7320 FANNREM

Finances

Share Ownership

Return on Equity

24,07 %

Current Ratio

2,75

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 061 000	8 044 000	7 799 000	6 213 000
Net Income	670 000	574 000	476 000	146 000
Total Assets	4 463 000	4 126 000	3 680 000	3 118 000
Total Equity	2 784 000	2 314 000	2 040 000	1 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 061 000	8 044 000	7 799 000	6 213 000
Expenditure	7 831 000	7 347 000	7 137 000	6 011 000
Operating Profit	231 000	697 000	663 000	202 000
Financial Income	494 000	11 000	15 000	6 000
Financial Costs	1 000	6 000	20 000	21 000
Financial Balance	493 000	5 000	−5 000	−15 000
Earnings Before Tax	724 000	702 000	658 000	187 000
Tax	54 000	128 000	182 000	42 000
Net Income	670 000	574 000	476 000	146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	220 000	240 000	265 000
Total Current Assets	4 365 000	3 907 000	3 440 000	2 853 000
Total Assets	4 463 000	4 126 000	3 680 000	3 118 000
Total Retained Equity	2 584 000	2 114 000	1 840 000	1 663 000
Total Equity	2 784 000	2 314 000	2 040 000	1 863 000
Total Long-Term Debt	94 000	127 000	97 000	356 000
Total Current Debt	1 585 000	1 686 000	1 543 000	898 000
Total Equity and Debt	4 463 000	4 126 000	3 680 000	3 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 049 000	8 044 000	7 799 000	6 208 000
Other Income	12 000	0	0	5 000
Revenue	8 061 000	8 044 000	7 799 000	6 213 000
Cost of Goods Sold	3 124 000	3 051 000	3 136 000	2 474 000
Salary Costs	3 406 000	3 219 000	2 684 000	2 488 000
Depreciation	0	12 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	7 831 000	7 347 000	7 137 000	6 011 000
Operating Profit	231 000	697 000	663 000	202 000
Financial Income	494 000	11 000	15 000	6 000
Financial Costs	1 000	6 000	20 000	21 000
Financial Balance	493 000	5 000	−5 000	−15 000
Dividends	200 000	300 000	300 000	0
Net Income	670 000	574 000	476 000	146 000

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	12 000	29 000
Total Tangible Assets	0	0	12 000	29 000
Total Fiancial Fixed Assets	99 000	220 000	228 000	236 000
Total Fixed Assets	99 000	220 000	240 000	265 000
Stock	1 195 000	1 107 000	1 114 000	1 173 000
Total Investments	0	0	0	0
Cash, Bank	2 439 000	1 917 000	1 251 000	1 056 000
Total Current Assets	4 365 000	3 907 000	3 440 000	2 853 000
Total Assets	4 463 000	4 126 000	3 680 000	3 118 000
Total Equity	2 784 000	2 314 000	2 040 000	1 863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	94 000	127 000	97 000	356 000
Creditors	578 000	435 000	282 000	291 000
Unpaid Taxes	327 000	388 000	378 000	235 000
Dividends	200 000	300 000	300 000	0
Other Current Debt	427 000	435 000	400 000	329 000
Total Current Debt	1 585 000	1 686 000	1 543 000	898 000
Total Equity and Debt	4 463 000	4 126 000	3 680 000	3 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,07 %	24,81 %	23,33 %	7,84 %
Debt-to-Equity Ratio	0,03	0,05	0,05	0,19
Operating Profit Margin	2,87 %	8,66 %	8,5 %	3,25 %
Current Ratio	2,75	2,32	2,23	3,18
Quick Ratio	11,19	6,75	8,02	−10,37
Equity Ratio	0,62	0,56	0,55	0,6
Gross Profit Margin	61,25 %	62,07 %	59,79 %	60,18 %