ORMUZ AS

3296 NEVLUNGHAVN

Finances

Share Ownership

Return on Equity

−1,6 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 113 000	1 097 000	946 000	678 000
Net Income	−615 000	−748 000	−995 000	−10 417 000
Total Assets	59 460 000	65 649 000	60 439 000	64 888 000
Total Equity	38 318 000	37 433 000	31 146 000	30 435 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 113 000	1 097 000	946 000	678 000
Expenditure	820 000	985 000	869 000	10 167 000
Operating Profit	293 000	112 000	77 000	−9 489 000
Financial Income	0	0	6 000	8 000
Financial Costs	908 000	860 000	1 078 000	936 000
Financial Balance	−908 000	−860 000	−1 072 000	−928 000
Earnings Before Tax	−615 000	−748 000	−995 000	−10 417 000
Tax	0	0	0	0
Net Income	−615 000	−748 000	−995 000	−10 417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 448 000	57 725 000	57 978 000	56 539 000
Total Current Assets	2 013 000	7 924 000	2 462 000	8 348 000
Total Assets	59 460 000	65 649 000	60 439 000	64 888 000
Total Retained Equity	0	0	0	0
Total Equity	38 318 000	37 433 000	31 146 000	30 435 000
Total Long-Term Debt	19 575 000	21 075 000	27 550 000	25 620 000
Total Current Debt	1 567 000	7 141 000	1 744 000	8 832 000
Total Equity and Debt	59 460 000	65 649 000	60 439 000	64 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 113 000	1 097 000	946 000	678 000
Revenue	1 113 000	1 097 000	946 000	678 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	278 000	277 000	275 000	174 000
Impairment	0	0	0	9 484 000
Expenditure	820 000	985 000	869 000	10 167 000
Operating Profit	293 000	112 000	77 000	−9 489 000
Financial Income	0	0	6 000	8 000
Financial Costs	908 000	860 000	1 078 000	936 000
Financial Balance	−908 000	−860 000	−1 072 000	−928 000
Dividends	0	0	0	0
Net Income	−615 000	−748 000	−995 000	−10 417 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	57 448 000	57 725 000	57 978 000	56 539 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	57 448 000	57 725 000	57 978 000	56 539 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 448 000	57 725 000	57 978 000	56 539 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	513 000	888 000	755 000	557 000
Total Current Assets	2 013 000	7 924 000	2 462 000	8 348 000
Total Assets	59 460 000	65 649 000	60 439 000	64 888 000
Total Equity	38 318 000	37 433 000	31 146 000	30 435 000
Short-Term Group Debt	1 499 000	7 034 000	1 706 000	7 755 000
Total Long-Term Debt	19 575 000	21 075 000	27 550 000	25 620 000
Creditors	37 000	81 000	18 000	1 070 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	26 000	20 000	7 000
Total Current Debt	1 567 000	7 141 000	1 744 000	8 832 000
Total Equity and Debt	59 460 000	65 649 000	60 439 000	64 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,6 %	−2 %	−3,19 %	−34,23 %
Debt-to-Equity Ratio	0,51	0,56	0,88	0,84
Operating Profit Margin	26,33 %	10,21 %	8,14 %	−1 399,56 %
Current Ratio	1,28	1,11	1,41	0,95
Quick Ratio	1,28	1,11	1,41	0,95
Equity Ratio	0,64	0,57	0,52	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %