ØVRE ROMERIKE BOLIGUTVIKLING AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

23,82 %

Current Ratio

4,29

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 172 000	118 825 000	82 873 000	155 706 000
Net Income	14 892 000	8 401 000	10 454 000	18 049 000
Total Assets	92 670 000	174 091 000	74 357 000	170 339 000
Total Equity	62 514 000	55 621 000	47 221 000	44 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 172 000	118 825 000	82 873 000	155 706 000
Expenditure	85 748 000	107 646 000	64 065 000	132 649 000
Operating Profit	26 423 000	11 179 000	18 808 000	23 057 000
Financial Income	40 000	6 000	52 000	84 000
Financial Costs	7 370 000	414 000	5 437 000	1 000
Financial Balance	−7 330 000	−408 000	−5 385 000	83 000
Earnings Before Tax	19 094 000	10 770 000	13 423 000	23 139 000
Tax	4 201 000	2 369 000	2 968 000	5 091 000
Net Income	14 892 000	8 401 000	10 454 000	18 049 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 188 000	9 419 000	9 419 000	0
Total Current Assets	86 482 000	164 673 000	64 938 000	170 339 000
Total Assets	92 670 000	174 091 000	74 357 000	170 339 000
Total Retained Equity	61 514 000	54 621 000	46 221 000	43 766 000
Total Equity	62 514 000	55 621 000	47 221 000	44 766 000
Total Long-Term Debt	10 000 000	106 238 000	14 167 000	99 939 000
Total Current Debt	20 157 000	12 232 000	12 969 000	25 633 000
Total Equity and Debt	92 670 000	174 091 000	74 357 000	170 339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 731 000	118 362 000	82 678 000	155 706 000
Other Income	440 000	462 000	195 000	0
Revenue	112 172 000	118 825 000	82 873 000	155 706 000
Cost of Goods Sold	81 956 000	106 020 000	61 541 000	129 274 000
Salary Costs	114 000	114 000	114 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 748 000	107 646 000	64 065 000	132 649 000
Operating Profit	26 423 000	11 179 000	18 808 000	23 057 000
Financial Income	40 000	6 000	52 000	84 000
Financial Costs	7 370 000	414 000	5 437 000	1 000
Financial Balance	−7 330 000	−408 000	−5 385 000	83 000
Dividends	8 000 000	0	8 000 000	0
Net Income	14 892 000	8 401 000	10 454 000	18 049 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 188 000	9 419 000	9 419 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 188 000	9 419 000	9 419 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 188 000	9 419 000	9 419 000	0
Stock	41 642 000	42 895 000	47 908 000	70 892 000
Total Investments	0	0	0	0
Cash, Bank	27 136 000	20 614 000	16 986 000	24 886 000
Total Current Assets	86 482 000	164 673 000	64 938 000	170 339 000
Total Assets	92 670 000	174 091 000	74 357 000	170 339 000
Total Equity	62 514 000	55 621 000	47 221 000	44 766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000 000	106 238 000	14 167 000	99 939 000
Creditors	13 463 000	11 928 000	505 000	15 435 000
Unpaid Taxes	50 000	54 000	0	0
Dividends	8 000 000	0	8 000 000	0
Other Current Debt	189 000	133 000	223 000	690 000
Total Current Debt	20 157 000	12 232 000	12 969 000	25 633 000
Total Equity and Debt	92 670 000	174 091 000	74 357 000	170 339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,82 %	15,1 %	22,14 %	40,32 %
Debt-to-Equity Ratio	0,16	1,91	0,3	2,23
Operating Profit Margin	23,56 %	9,41 %	22,69 %	14,81 %
Current Ratio	4,29	13,46	5,01	6,65
Quick Ratio	−4,03	−5,37	−1,86	−3,76
Equity Ratio	0,67	0,32	0,64	0,26
Gross Profit Margin	26,94 %	10,78 %	25,74 %	16,98 %