ØVRE RAAEN AS

3535 KRØDEREN

Finances

Return on Equity

5,13 %

Current Ratio

20,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 583 000	541 000	441 000	399 000
Net Income	561 000	−469 000	−619 000	−309 000
Total Assets	11 011 000	16 010 000	10 911 000	11 460 000
Total Equity	10 932 000	10 371 000	10 840 000	11 459 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 583 000	541 000	441 000	399 000
Expenditure	1 017 000	1 095 000	1 106 000	1 094 000
Operating Profit	514 000	−554 000	−666 000	−694 000
Financial Income	153 000	281 000	435 000	501 000
Financial Costs	106 000	196 000	388 000	58 000
Financial Balance	47 000	85 000	47 000	443 000
Earnings Before Tax	561 000	−469 000	−619 000	−251 000
Tax	0	0	0	58 000
Net Income	561 000	−469 000	−619 000	−309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 419 000	13 822 000	8 613 000	9 131 000
Total Current Assets	1 592 000	2 189 000	2 298 000	2 329 000
Total Assets	11 011 000	16 010 000	10 911 000	11 460 000
Total Retained Equity	10 630 000	10 069 000	10 538 000	11 157 000
Total Equity	10 932 000	10 371 000	10 840 000	11 459 000
Total Long-Term Debt	0	5 500 000	0	0
Total Current Debt	79 000	139 000	71 000	1 000
Total Equity and Debt	11 011 000	16 010 000	10 911 000	11 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	146 000	297 000	240 000	265 000
Other Income	1 437 000	244 000	201 000	134 000
Revenue	1 583 000	541 000	441 000	399 000
Cost of Goods Sold	168 000	194 000	161 000	214 000
Salary Costs	0	0	0	0
Depreciation	310 000	360 000	403 000	386 000
Impairment	0	0	0	0
Expenditure	1 017 000	1 095 000	1 106 000	1 094 000
Operating Profit	514 000	−554 000	−666 000	−694 000
Financial Income	153 000	281 000	435 000	501 000
Financial Costs	106 000	196 000	388 000	58 000
Financial Balance	47 000	85 000	47 000	443 000
Dividends	0	0	0	0
Net Income	561 000	−469 000	−619 000	−309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 075 000	12 674 000	7 325 000	7 357 000
Machinery and Plant Facilities	271 000	465 000	700 000	930 000
Fixtures	509 000	119 000	24 000	166 000
Total Tangible Assets	8 856 000	13 258 000	8 050 000	8 453 000
Total Fiancial Fixed Assets	564 000	564 000	564 000	679 000
Total Fixed Assets	9 419 000	13 822 000	8 613 000	9 131 000
Stock	46 000	109 000	91 000	90 000
Total Investments	985 000	1 499 000	1 452 000	1 352 000
Cash, Bank	486 000	486 000	654 000	743 000
Total Current Assets	1 592 000	2 189 000	2 298 000	2 329 000
Total Assets	11 011 000	16 010 000	10 911 000	11 460 000
Total Equity	10 932 000	10 371 000	10 840 000	11 459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 500 000	0	0
Creditors	76 000	125 000	67 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	14 000	4 000	0
Total Current Debt	79 000	139 000	71 000	1 000
Total Equity and Debt	11 011 000	16 010 000	10 911 000	11 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,13 %	−4,52 %	−5,71 %	−2,7 %
Debt-to-Equity Ratio	0	0,53	0	0
Operating Profit Margin	32,47 %	−102,4 %	−151,02 %	−173,93 %
Current Ratio	20,15	15,75	32,37	2 329
Quick Ratio	48,24	72,97	−114,9	−26,17
Equity Ratio	0,99	0,65	0,99	1
Gross Profit Margin	89,39 %	64,14 %	63,49 %	46,37 %