ØRN VASK & RENS AS

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

−27,7 %

Current Ratio

1,29

Debt-to-Equity Ratio

3,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 828 000	10 824 000	8 920 000	8 202 000
Net Income	−607 000	542 000	455 000	323 000
Total Assets	11 751 000	11 421 000	10 962 000	10 675 000
Total Equity	2 191 000	2 798 000	2 256 000	1 801 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 828 000	10 824 000	8 920 000	8 202 000
Expenditure	15 199 000	9 829 000	8 006 000	7 440 000
Operating Profit	−371 000	995 000	914 000	763 000
Financial Income	1 000	1 000	3 000	6 000
Financial Costs	387 000	286 000	333 000	350 000
Financial Balance	−386 000	−285 000	−330 000	−344 000
Earnings Before Tax	−757 000	710 000	584 000	418 000
Tax	−151 000	169 000	128 000	96 000
Net Income	−607 000	542 000	455 000	323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 547 000	8 841 000	9 057 000	8 616 000
Total Current Assets	3 204 000	2 580 000	1 905 000	2 059 000
Total Assets	11 751 000	11 421 000	10 962 000	10 675 000
Total Retained Equity	2 081 000	2 688 000	2 146 000	1 691 000
Total Equity	2 191 000	2 798 000	2 256 000	1 801 000
Total Long-Term Debt	7 084 000	6 992 000	7 608 000	8 013 000
Total Current Debt	2 475 000	1 631 000	1 098 000	861 000
Total Equity and Debt	11 751 000	11 421 000	10 962 000	10 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 594 000	10 396 000	8 456 000	7 956 000
Other Income	233 000	428 000	464 000	246 000
Revenue	14 828 000	10 824 000	8 920 000	8 202 000
Cost of Goods Sold	7 374 000	4 128 000	3 045 000	3 255 000
Salary Costs	4 827 000	3 561 000	3 068 000	2 398 000
Depreciation	654 000	304 000	299 000	268 000
Impairment	0	0	0	0
Expenditure	15 199 000	9 829 000	8 006 000	7 440 000
Operating Profit	−371 000	995 000	914 000	763 000
Financial Income	1 000	1 000	3 000	6 000
Financial Costs	387 000	286 000	333 000	350 000
Financial Balance	−386 000	−285 000	−330 000	−344 000
Dividends	0	0	0	0
Net Income	−607 000	542 000	455 000	323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 281 000	7 372 000	7 493 000	7 576 000
Machinery and Plant Facilities	1 118 000	1 439 000	1 525 000	995 000
Fixtures	43 000	21 000	28 000	14 000
Total Tangible Assets	8 441 000	8 832 000	9 046 000	8 585 000
Total Fiancial Fixed Assets	106 000	9 000	10 000	31 000
Total Fixed Assets	8 547 000	8 841 000	9 057 000	8 616 000
Stock	1 535 000	882 000	448 000	384 000
Total Investments	0	0	0	0
Cash, Bank	286 000	947 000	944 000	1 331 000
Total Current Assets	3 204 000	2 580 000	1 905 000	2 059 000
Total Assets	11 751 000	11 421 000	10 962 000	10 675 000
Total Equity	2 191 000	2 798 000	2 256 000	1 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 084 000	6 992 000	7 608 000	8 013 000
Creditors	1 426 000	607 000	199 000	342 000
Unpaid Taxes	470 000	483 000	414 000	262 000
Dividends	0	0	0	0
Other Current Debt	579 000	400 000	407 000	251 000
Total Current Debt	2 475 000	1 631 000	1 098 000	861 000
Total Equity and Debt	11 751 000	11 421 000	10 962 000	10 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,7 %	19,37 %	20,17 %	17,93 %
Debt-to-Equity Ratio	3,23	2,5	3,37	4,45
Operating Profit Margin	−2,5 %	9,19 %	10,25 %	9,3 %
Current Ratio	1,29	1,58	1,73	2,39
Quick Ratio	3,41	3,44	2,93	4,32
Equity Ratio	0,19	0,24	0,21	0,17
Gross Profit Margin	50,27 %	61,86 %	65,86 %	60,31 %