ORTO POLARE AS

9790 KJØLLEFJORD

Finances

Share Ownership

Return on Equity

10,54 %

Current Ratio

5,25

Debt-to-Equity Ratio

2,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 218 000	568 000	843 000	418 000
Net Income	66 000	−114 000	201 000	15 000
Total Assets	2 359 000	2 309 000	2 331 000	2 343 000
Total Equity	626 000	560 000	674 000	567 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 218 000	568 000	843 000	418 000
Expenditure	1 142 000	704 000	584 000	397 000
Operating Profit	75 000	−135 000	259 000	21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	75 000	−135 000	259 000	21 000
Tax	9 000	−21 000	58 000	6 000
Net Income	66 000	−114 000	201 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	8 000	46 000
Total Current Assets	2 359 000	2 307 000	2 323 000	2 297 000
Total Assets	2 359 000	2 309 000	2 331 000	2 343 000
Total Retained Equity	196 000	130 000	244 000	137 000
Total Equity	626 000	560 000	674 000	567 000
Total Long-Term Debt	1 284 000	1 275 000	1 296 000	1 275 000
Total Current Debt	449 000	474 000	361 000	501 000
Total Equity and Debt	2 359 000	2 309 000	2 331 000	2 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	190 000	0	0	0
Other Income	1 027 000	568 000	843 000	418 000
Revenue	1 218 000	568 000	843 000	418 000
Cost of Goods Sold	427 000	231 000	139 000	6 000
Salary Costs	414 000	181 000	21 000	51 000
Depreciation	2 000	6 000	6 000	16 000
Impairment	0	0	0	0
Expenditure	1 142 000	704 000	584 000	397 000
Operating Profit	75 000	−135 000	259 000	21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	66 000	−114 000	201 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	8 000	14 000
Total Tangible Assets	0	2 000	8 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 000	8 000	46 000
Stock	1 980 000	2 048 000	1 970 000	1 787 000
Total Investments	0	0	0	0
Cash, Bank	378 000	184 000	158 000	41 000
Total Current Assets	2 359 000	2 307 000	2 323 000	2 297 000
Total Assets	2 359 000	2 309 000	2 331 000	2 343 000
Total Equity	626 000	560 000	674 000	567 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 284 000	1 275 000	1 296 000	1 275 000
Creditors	−149 000	34 000	2 000	108 000
Unpaid Taxes	81 000	20 000	−33 000	42 000
Dividends	0	0	0	0
Other Current Debt	518 000	421 000	392 000	352 000
Total Current Debt	449 000	474 000	361 000	501 000
Total Equity and Debt	2 359 000	2 309 000	2 331 000	2 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,54 %	−20,36 %	29,82 %	2,65 %
Debt-to-Equity Ratio	2,05	2,28	1,92	2,25
Operating Profit Margin	6,16 %	−23,77 %	30,72 %	5,02 %
Current Ratio	5,25	4,87	6,43	4,58
Quick Ratio	−1,54	−1,47	−1,44	−1,79
Equity Ratio	0,27	0,24	0,29	0,24
Gross Profit Margin	64,94 %	59,33 %	83,51 %	98,56 %