ØRE AS

3229 SANDEFJORD

Finances

Share Ownership

Return on Equity

17,09 %

Current Ratio

0,54

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	965 000	914 000	869 000	901 000
Net Income	449 000	366 000	293 000	328 000
Total Assets	6 341 000	6 389 000	6 529 000	6 794 000
Total Equity	2 628 000	2 179 000	1 966 000	1 826 000

Income (NOK)	2022	2021	2020	2019
Revenue	965 000	914 000	869 000	901 000
Expenditure	236 000	308 000	328 000	289 000
Operating Profit	729 000	607 000	541 000	613 000
Financial Income	0	0	0	1 000
Financial Costs	153 000	138 000	166 000	193 000
Financial Balance	−153 000	−138 000	−166 000	−192 000
Earnings Before Tax	576 000	469 000	376 000	421 000
Tax	127 000	103 000	83 000	93 000
Net Income	449 000	366 000	293 000	328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 143 000	6 282 000	6 422 000	6 562 000
Total Current Assets	199 000	107 000	107 000	233 000
Total Assets	6 341 000	6 389 000	6 529 000	6 794 000
Total Retained Equity	1 098 000	649 000	436 000	296 000
Total Equity	2 628 000	2 179 000	1 966 000	1 826 000
Total Long-Term Debt	3 347 000	3 737 000	4 139 000	4 538 000
Total Current Debt	366 000	473 000	424 000	430 000
Total Equity and Debt	6 341 000	6 389 000	6 529 000	6 794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	239 000	221 000	181 000	223 000
Other Income	726 000	693 000	689 000	678 000
Revenue	965 000	914 000	869 000	901 000
Cost of Goods Sold	55 000	88 000	40 000	91 000
Salary Costs	0	0	0	0
Depreciation	140 000	140 000	140 000	140 000
Impairment	0	0	0	0
Expenditure	236 000	308 000	328 000	289 000
Operating Profit	729 000	607 000	541 000	613 000
Financial Income	0	0	0	1 000
Financial Costs	153 000	138 000	166 000	193 000
Financial Balance	−153 000	−138 000	−166 000	−192 000
Dividends	0	153 000	153 000	153 000
Net Income	449 000	366 000	293 000	328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 143 000	6 282 000	6 422 000	6 562 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 143 000	6 282 000	6 422 000	6 562 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 143 000	6 282 000	6 422 000	6 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	48 000	59 000	182 000
Total Current Assets	199 000	107 000	107 000	233 000
Total Assets	6 341 000	6 389 000	6 529 000	6 794 000
Total Equity	2 628 000	2 179 000	1 966 000	1 826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 347 000	3 737 000	4 139 000	4 538 000
Creditors	19 000	21 000	22 000	7 000
Unpaid Taxes	220 000	190 000	176 000	191 000
Dividends	0	153 000	153 000	153 000
Other Current Debt	0	0	0	0
Total Current Debt	366 000	473 000	424 000	430 000
Total Equity and Debt	6 341 000	6 389 000	6 529 000	6 794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,09 %	16,8 %	14,9 %	17,96 %
Debt-to-Equity Ratio	1,27	1,72	2,11	2,49
Operating Profit Margin	75,54 %	66,41 %	62,26 %	68,04 %
Current Ratio	0,54	0,23	0,25	0,54
Quick Ratio	0,54	0,23	0,25	0,54
Equity Ratio	0,41	0,34	0,3	0,27
Gross Profit Margin	94,3 %	90,37 %	95,4 %	89,9 %