ØRMEN DEKKBARK AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

25,88 %

Current Ratio

2,8

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 536 000	14 775 000	13 217 000	16 332 000
Net Income	604 000	−189 000	255 000	41 000
Total Assets	3 965 000	4 485 000	4 613 000	3 519 000
Total Equity	2 334 000	1 731 000	1 919 000	1 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 536 000	14 775 000	13 217 000	16 332 000
Expenditure	13 695 000	14 966 000	12 843 000	16 233 000
Operating Profit	840 000	−191 000	374 000	99 000
Financial Income	1 000	10 000	2 000	15 000
Financial Costs	67 000	60 000	48 000	61 000
Financial Balance	−66 000	−50 000	−46 000	−46 000
Earnings Before Tax	774 000	−242 000	328 000	53 000
Tax	171 000	−53 000	73 000	12 000
Net Income	604 000	−189 000	255 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	631 000	831 000	272 000	406 000
Total Current Assets	3 334 000	3 654 000	4 342 000	3 113 000
Total Assets	3 965 000	4 485 000	4 613 000	3 519 000
Total Retained Equity	2 234 000	1 631 000	1 819 000	1 664 000
Total Equity	2 334 000	1 731 000	1 919 000	1 764 000
Total Long-Term Debt	442 000	741 000	509 000	0
Total Current Debt	1 189 000	2 013 000	2 185 000	1 755 000
Total Equity and Debt	3 965 000	4 485 000	4 613 000	3 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 772 000	14 686 000	13 150 000	16 280 000
Other Income	764 000	89 000	67 000	53 000
Revenue	14 536 000	14 775 000	13 217 000	16 332 000
Cost of Goods Sold	8 638 000	10 331 000	8 349 000	10 600 000
Salary Costs	2 376 000	2 013 000	1 806 000	2 366 000
Depreciation	210 000	168 000	139 000	251 000
Impairment	0	0	0	0
Expenditure	13 695 000	14 966 000	12 843 000	16 233 000
Operating Profit	840 000	−191 000	374 000	99 000
Financial Income	1 000	10 000	2 000	15 000
Financial Costs	67 000	60 000	48 000	61 000
Financial Balance	−66 000	−50 000	−46 000	−46 000
Dividends	0	0	100 000	0
Net Income	604 000	−189 000	255 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	118 000	64 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	624 000	713 000	207 000	347 000
Total Tangible Assets	624 000	713 000	207 000	347 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	631 000	831 000	272 000	406 000
Stock	1 991 000	2 357 000	1 803 000	2 052 000
Total Investments	0	0	0	0
Cash, Bank	324 000	266 000	437 000	103 000
Total Current Assets	3 334 000	3 654 000	4 342 000	3 113 000
Total Assets	3 965 000	4 485 000	4 613 000	3 519 000
Total Equity	2 334 000	1 731 000	1 919 000	1 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	442 000	741 000	509 000	0
Creditors	276 000	1 058 000	675 000	598 000
Unpaid Taxes	526 000	631 000	689 000	642 000
Dividends	0	0	100 000	0
Other Current Debt	327 000	324 000	258 000	333 000
Total Current Debt	1 189 000	2 013 000	2 185 000	1 755 000
Total Equity and Debt	3 965 000	4 485 000	4 613 000	3 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,88 %	−10,92 %	13,29 %	2,32 %
Debt-to-Equity Ratio	0,19	0,43	0,27	0
Operating Profit Margin	5,78 %	−1,29 %	2,83 %	0,61 %
Current Ratio	2,8	1,82	1,99	1,77
Quick Ratio	−4,16	−10,62	11,37	−10,48
Equity Ratio	0,59	0,39	0,42	0,5
Gross Profit Margin	40,58 %	30,08 %	36,83 %	35,1 %