URE INVEST AS

8352 SENNESVIK

Finances

Return on Equity

13,8 %

Current Ratio

3,98

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2021	2020	2019	2018
Revenue	173 884 000	162 433 000	0	0
Net Income	16 763 000	24 917 000	−249 000	−155 000
Total Assets	325 988 000	234 032 000	3 932 000	1 424 000
Total Equity	121 449 000	105 176 000	299 000	548 000

Income (NOK)	2021	2020	2019	2018
Revenue	173 884 000	162 433 000	0	0
Expenditure	152 997 000	152 255 000	94 000	54 000
Operating Profit	22 663 000	33 627 000	−94 000	−54 000
Financial Income	2 799 000	1 633 000	20 000	0
Financial Costs	5 086 000	4 116 000	175 000	101 000
Financial Balance	−2 287 000	−2 483 000	−155 000	−101 000
Earnings Before Tax	20 375 000	31 144 000	−249 000	−155 000
Tax	3 613 000	6 227 000	0	0
Net Income	16 763 000	24 917 000	−249 000	−155 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	81 794 000	55 233 000	2 044 000	872 000
Total Current Assets	244 195 000	178 799 000	1 888 000	552 000
Total Assets	325 988 000	234 032 000	3 932 000	1 424 000
Total Retained Equity	59 164 000	89 593 000	268 000	517 000
Total Equity	121 449 000	105 176 000	299 000	548 000
Total Long-Term Debt	143 191 000	90 386 000	2 925 000	0
Total Current Debt	61 348 000	38 471 000	708 000	876 000
Total Equity and Debt	325 988 000	234 032 000	3 932 000	1 424 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	173 217 000	160 639 000	0	0
Other Income	667 000	1 794 000	0	0
Revenue	173 884 000	162 433 000	0	0
Cost of Goods Sold	69 081 000	70 543 000	0	0
Salary Costs	25 148 000	27 123 000	0	0
Depreciation	6 249 000	5 504 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	152 997 000	152 255 000	94 000	54 000
Operating Profit	22 663 000	33 627 000	−94 000	−54 000
Financial Income	2 799 000	1 633 000	20 000	0
Financial Costs	5 086 000	4 116 000	175 000	101 000
Financial Balance	−2 287 000	−2 483 000	−155 000	−101 000
Dividends	490 000	0	0	0
Net Income	16 763 000	24 917 000	−249 000	−155 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	8 161 000	8 186 000	0	0
Real Eastate	29 738 000	13 682 000	264 000	222 000
Machinery and Plant Facilities	10 965 000	7 290 000	0	0
Fixtures	20 798 000	16 660 000	0	0
Total Tangible Assets	67 917 000	40 380 000	264 000	222 000
Total Fiancial Fixed Assets	5 717 000	6 667 000	1 780 000	650 000
Total Fixed Assets	81 794 000	55 233 000	2 044 000	872 000
Stock	106 079 000	93 471 000	0	0
Total Investments	14 271 000	12 615 000	0	0
Cash, Bank	95 691 000	42 389 000	479 000	1 000
Total Current Assets	244 195 000	178 799 000	1 888 000	552 000
Total Assets	325 988 000	234 032 000	3 932 000	1 424 000
Total Equity	121 449 000	105 176 000	299 000	548 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	143 191 000	90 386 000	2 925 000	0
Creditors	24 798 000	11 214 000	28 000	4 000
Unpaid Taxes	8 148 000	6 759 000	0	0
Dividends	490 000	0	0	0
Other Current Debt	18 809 000	20 497 000	680 000	872 000
Total Current Debt	61 348 000	38 471 000	708 000	876 000
Total Equity and Debt	325 988 000	234 032 000	3 932 000	1 424 000

Financial indicators	2021	2020	2019	2018
Return on Equity	13,8 %	23,69 %	−83,28 %	−28,28 %
Debt-to-Equity Ratio	1,18	0,86	9,78	0
Operating Profit Margin	13,03 %	20,7 %	-	-
Current Ratio	3,98	4,65	2,67	0,63
Quick Ratio	−5,46	−3,25	2,67	0,63
Equity Ratio	0,37	0,45	0,08	0,38
Gross Profit Margin	60,27 %	56,57 %	-	-