LIFE ORKANGER AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

−18,58 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 799 000	4 977 000	4 785 000	3 660 000
Net Income	−81 000	207 000	244 000	−135 000
Total Assets	1 097 000	1 241 000	933 000	634 000
Total Equity	436 000	517 000	310 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 799 000	4 977 000	4 785 000	3 660 000
Expenditure	4 901 000	4 705 000	4 586 000	3 789 000
Operating Profit	−102 000	272 000	199 000	−130 000
Financial Income	0	0	0	0
Financial Costs	2 000	6 000	8 000	5 000
Financial Balance	−2 000	−6 000	−8 000	−5 000
Earnings Before Tax	−104 000	265 000	191 000	−135 000
Tax	−23 000	58 000	−53 000	0
Net Income	−81 000	207 000	244 000	−135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	27 000	53 000	0
Total Current Assets	1 052 000	1 213 000	880 000	634 000
Total Assets	1 097 000	1 241 000	933 000	634 000
Total Retained Equity	336 000	417 000	210 000	−33 000
Total Equity	436 000	517 000	310 000	67 000
Total Long-Term Debt	0	24 000	60 000	93 000
Total Current Debt	661 000	699 000	563 000	475 000
Total Equity and Debt	1 097 000	1 241 000	933 000	634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 799 000	4 972 000	4 785 000	3 660 000
Other Income	0	5 000	0	0
Revenue	4 799 000	4 977 000	4 785 000	3 660 000
Cost of Goods Sold	2 818 000	2 661 000	2 844 000	2 054 000
Salary Costs	1 422 000	1 326 000	1 160 000	1 117 000
Depreciation	6 000	4 000	0	21 000
Impairment	0	0	0	0
Expenditure	4 901 000	4 705 000	4 586 000	3 789 000
Operating Profit	−102 000	272 000	199 000	−130 000
Financial Income	0	0	0	0
Financial Costs	2 000	6 000	8 000	5 000
Financial Balance	−2 000	−6 000	−8 000	−5 000
Dividends	0	0	0	0
Net Income	−81 000	207 000	244 000	−135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	4 000	53 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	24 000	0	0
Total Tangible Assets	18 000	24 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	27 000	53 000	0
Stock	639 000	708 000	431 000	332 000
Total Investments	0	0	0	0
Cash, Bank	296 000	415 000	355 000	246 000
Total Current Assets	1 052 000	1 213 000	880 000	634 000
Total Assets	1 097 000	1 241 000	933 000	634 000
Total Equity	436 000	517 000	310 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	24 000	60 000	93 000
Creditors	391 000	374 000	325 000	242 000
Unpaid Taxes	123 000	110 000	97 000	101 000
Dividends	0	0	0	0
Other Current Debt	147 000	206 000	141 000	132 000
Total Current Debt	661 000	699 000	563 000	475 000
Total Equity and Debt	1 097 000	1 241 000	933 000	634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,58 %	40,04 %	78,71 %	−201,49 %
Debt-to-Equity Ratio	0	0,05	0,19	1,39
Operating Profit Margin	−2,13 %	5,47 %	4,16 %	−3,55 %
Current Ratio	1,59	1,74	1,56	1,33
Quick Ratio	47,82	−134,78	6,67	4,43
Equity Ratio	0,4	0,42	0,33	0,11
Gross Profit Margin	41,28 %	46,53 %	40,56 %	43,88 %