ORKEL AS

7320 FANNREM

Finances

Return on Equity

22,06 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	341 219 000	282 898 000	224 931 000	160 114 000
Net Income	20 431 000	34 216 000	39 936 000	16 842 000
Total Assets	235 414 000	240 786 000	170 142 000	98 472 000
Total Equity	92 635 000	122 319 000	100 012 000	62 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	341 219 000	282 898 000	224 931 000	160 114 000
Expenditure	325 855 000	256 418 000	185 084 000	137 571 000
Operating Profit	21 366 000	40 075 000	43 286 000	18 449 000
Financial Income	10 287 000	5 670 000	11 951 000	3 135 000
Financial Costs	7 948 000	5 740 000	5 998 000	1 974 000
Financial Balance	2 339 000	−70 000	5 953 000	1 161 000
Earnings Before Tax	23 706 000	40 005 000	49 239 000	19 610 000
Tax	3 275 000	5 789 000	9 304 000	2 767 000
Net Income	20 431 000	34 216 000	39 936 000	16 842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 390 000	33 249 000	23 787 000	19 656 000
Total Current Assets	199 024 000	207 537 000	146 356 000	78 816 000
Total Assets	235 414 000	240 786 000	170 142 000	98 472 000
Total Retained Equity	82 919 000	112 603 000	90 296 000	52 310 000
Total Equity	92 635 000	122 319 000	100 012 000	62 026 000
Total Long-Term Debt	1 014 000	1 134 000	1 254 000	1 384 000
Total Current Debt	141 765 000	117 333 000	68 877 000	35 062 000
Total Equity and Debt	235 414 000	240 786 000	170 142 000	98 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	335 236 000	276 720 000	220 018 000	152 728 000
Other Income	5 983 000	6 178 000	4 912 000	7 386 000
Revenue	341 219 000	282 898 000	224 931 000	160 114 000
Cost of Goods Sold	185 976 000	142 490 000	96 109 000	57 999 000
Salary Costs	77 810 000	65 722 000	55 692 000	46 658 000
Depreciation	1 627 000	1 076 000	912 000	786 000
Impairment	0	0	0	0
Expenditure	325 855 000	256 418 000	185 084 000	137 571 000
Operating Profit	21 366 000	40 075 000	43 286 000	18 449 000
Financial Income	10 287 000	5 670 000	11 951 000	3 135 000
Financial Costs	7 948 000	5 740 000	5 998 000	1 974 000
Financial Balance	2 339 000	−70 000	5 953 000	1 161 000
Dividends	33 000 000	5 000 000	0	0
Net Income	20 431 000	34 216 000	39 936 000	16 842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 056 000	1 017 000	608 000	201 000
Real Eastate	625 000	389 000	0	0
Machinery and Plant Facilities	1 480 000	580 000	40 000	49 000
Fixtures	6 027 000	4 938 000	4 365 000	3 831 000
Total Tangible Assets	8 133 000	5 907 000	4 406 000	3 880 000
Total Fiancial Fixed Assets	27 202 000	26 325 000	18 773 000	15 576 000
Total Fixed Assets	36 390 000	33 249 000	23 787 000	19 656 000
Stock	115 820 000	104 330 000	26 669 000	21 505 000
Total Investments	0	0	0	0
Cash, Bank	37 278 000	41 656 000	5 516 000	1 595 000
Total Current Assets	199 024 000	207 537 000	146 356 000	78 816 000
Total Assets	235 414 000	240 786 000	170 142 000	98 472 000
Total Equity	92 635 000	122 319 000	100 012 000	62 026 000
Short-Term Group Debt	3 780 000	5 000 000	2 500 000	2 000 000
Total Long-Term Debt	1 014 000	1 134 000	1 254 000	1 384 000
Creditors	25 466 000	29 974 000	31 132 000	11 150 000
Unpaid Taxes	4 157 000	2 802 000	2 996 000	2 361 000
Dividends	33 000 000	5 000 000	0	0
Other Current Debt	30 070 000	32 471 000	12 457 000	14 564 000
Total Current Debt	141 765 000	117 333 000	68 877 000	35 062 000
Total Equity and Debt	235 414 000	240 786 000	170 142 000	98 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,06 %	27,97 %	39,93 %	27,15 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,02
Operating Profit Margin	6,26 %	14,17 %	19,24 %	11,52 %
Current Ratio	1,4	1,77	2,12	2,25
Quick Ratio	7,67	15,96	3,47	5,81
Equity Ratio	0,39	0,51	0,59	0,63
Gross Profit Margin	45,5 %	49,63 %	57,27 %	63,78 %