ØRSTA BIL AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

29,23 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 207 000	95 010 000	62 921 000	62 562 000
Net Income	2 951 000	3 785 000	937 000	1 556 000
Total Assets	27 729 000	21 015 000	18 617 000	18 561 000
Total Equity	10 097 000	10 068 000	8 759 000	8 758 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 207 000	95 010 000	62 921 000	62 562 000
Expenditure	86 280 000	89 982 000	61 450 000	60 300 000
Operating Profit	3 926 000	5 028 000	1 472 000	2 263 000
Financial Income	3 000	4 000	6 000	17 000
Financial Costs	146 000	179 000	277 000	285 000
Financial Balance	−143 000	−175 000	−271 000	−268 000
Earnings Before Tax	3 784 000	4 853 000	1 201 000	1 995 000
Tax	833 000	1 068 000	264 000	439 000
Net Income	2 951 000	3 785 000	937 000	1 556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 871 000	2 100 000	2 570 000	2 948 000
Total Current Assets	25 858 000	18 915 000	16 048 000	15 612 000
Total Assets	27 729 000	21 015 000	18 617 000	18 561 000
Total Retained Equity	8 827 000	8 797 000	7 488 000	7 488 000
Total Equity	10 097 000	10 068 000	8 759 000	8 758 000
Total Long-Term Debt	2 685 000	3 711 000	3 277 000	3 637 000
Total Current Debt	14 946 000	7 236 000	6 581 000	6 165 000
Total Equity and Debt	27 729 000	21 015 000	18 617 000	18 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 800 000	94 435 000	62 653 000	62 306 000
Other Income	407 000	574 000	268 000	257 000
Revenue	90 207 000	95 010 000	62 921 000	62 562 000
Cost of Goods Sold	71 183 000	75 630 000	48 287 000	46 661 000
Salary Costs	8 873 000	8 279 000	7 659 000	8 265 000
Depreciation	510 000	501 000	506 000	490 000
Impairment	0	0	0	0
Expenditure	86 280 000	89 982 000	61 450 000	60 300 000
Operating Profit	3 926 000	5 028 000	1 472 000	2 263 000
Financial Income	3 000	4 000	6 000	17 000
Financial Costs	146 000	179 000	277 000	285 000
Financial Balance	−143 000	−175 000	−271 000	−268 000
Dividends	2 921 000	2 477 000	936 000	546 000
Net Income	2 951 000	3 785 000	937 000	1 556 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	0	0	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 826 000	2 095 000	2 570 000	2 932 000
Total Tangible Assets	1 826 000	2 095 000	2 570 000	2 932 000
Total Fiancial Fixed Assets	0	5 000	0	0
Total Fixed Assets	1 871 000	2 100 000	2 570 000	2 948 000
Stock	12 807 000	11 696 000	10 063 000	12 982 000
Total Investments	0	0	0	0
Cash, Bank	6 767 000	6 034 000	4 184 000	611 000
Total Current Assets	25 858 000	18 915 000	16 048 000	15 612 000
Total Assets	27 729 000	21 015 000	18 617 000	18 561 000
Total Equity	10 097 000	10 068 000	8 759 000	8 758 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 685 000	3 711 000	3 277 000	3 637 000
Creditors	9 410 000	1 724 000	3 294 000	3 163 000
Unpaid Taxes	606 000	827 000	816 000	791 000
Dividends	2 921 000	2 477 000	936 000	546 000
Other Current Debt	4 046 000	3 612 000	2 235 000	1 723 000
Total Current Debt	14 946 000	7 236 000	6 581 000	6 165 000
Total Equity and Debt	27 729 000	21 015 000	18 617 000	18 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,23 %	37,59 %	10,7 %	17,77 %
Debt-to-Equity Ratio	0,27	0,37	0,37	0,42
Operating Profit Margin	4,35 %	5,29 %	2,34 %	3,62 %
Current Ratio	1,73	2,61	2,44	2,53
Quick Ratio	12,09	−4,24	−4,61	−2,29
Equity Ratio	0,36	0,48	0,47	0,47
Gross Profit Margin	21,09 %	20,4 %	23,26 %	25,42 %