ORKANGER OLJE FORUM

7300 ORKANGER

Finances

Share Ownership

Return on Equity

70,45 %

Current Ratio

2,68

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	312 000	293 000	577 000	463 000
Net Income	62 000	6 000	3 000	−17 000
Total Assets	139 000	172 000	55 000	35 000
Total Equity	88 000	26 000	20 000	17 000

Income (NOK)	2021	2020	2019	2018
Revenue	312 000	293 000	577 000	463 000
Expenditure	232 000	285 000	568 000	488 000
Operating Profit	80 000	8 000	9 000	−25 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	80 000	8 000	9 000	−24 000
Tax	18 000	2 000	7 000	−7 000
Net Income	62 000	6 000	3 000	−17 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	5 000	0	1 000	7 000
Total Current Assets	134 000	172 000	54 000	28 000
Total Assets	139 000	172 000	55 000	35 000
Total Retained Equity	88 000	26 000	20 000	17 000
Total Equity	88 000	26 000	20 000	17 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	50 000	145 000	35 000	18 000
Total Equity and Debt	139 000	172 000	55 000	35 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	312 000	293 000	577 000	463 000
Other Income	0	0	0	0
Revenue	312 000	293 000	577 000	463 000
Cost of Goods Sold	0	0	120 000	297 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	232 000	285 000	568 000	488 000
Operating Profit	80 000	8 000	9 000	−25 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	62 000	6 000	3 000	−17 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	1 000	7 000
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	5 000	0	1 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	61 000	44 000	24 000
Total Current Assets	134 000	172 000	54 000	28 000
Total Assets	139 000	172 000	55 000	35 000
Total Equity	88 000	26 000	20 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	0	48 000	8 000	2 000
Unpaid Taxes	27 000	35 000	28 000	16 000
Dividends	0	0	0	0
Other Current Debt	0	62 000	0	0
Total Current Debt	50 000	145 000	35 000	18 000
Total Equity and Debt	139 000	172 000	55 000	35 000

Financial indicators	2021	2020	2019	2018
Return on Equity	70,45 %	23,08 %	15 %	−100 %
Debt-to-Equity Ratio	0	0,04	0	0
Operating Profit Margin	25,64 %	2,73 %	1,56 %	−5,4 %
Current Ratio	2,68	1,19	1,54	1,56
Quick Ratio	2,68	1,19	1,54	1,56
Equity Ratio	0,63	0,15	0,36	0,49
Gross Profit Margin	100 %	100 %	79,2 %	35,85 %