ØWRE & CO AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

8,72 %

Current Ratio

9,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	304 000	315 000	297 000	307 000
Net Income	76 000	80 000	46 000	99 000
Total Assets	943 000	929 000	902 000	931 000
Total Equity	872 000	836 000	816 000	819 000

Income (NOK)	2022	2021	2020	2019
Revenue	304 000	315 000	297 000	307 000
Expenditure	207 000	211 000	237 000	181 000
Operating Profit	96 000	103 000	60 000	126 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	97 000	103 000	60 000	127 000
Tax	21 000	23 000	13 000	28 000
Net Income	76 000	80 000	46 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	303 000	335 000	368 000
Total Current Assets	654 000	627 000	567 000	564 000
Total Assets	943 000	929 000	902 000	931 000
Total Retained Equity	542 000	506 000	486 000	489 000
Total Equity	872 000	836 000	816 000	819 000
Total Long-Term Debt	0	4 000	9 000	13 000
Total Current Debt	71 000	89 000	77 000	99 000
Total Equity and Debt	943 000	929 000	902 000	931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	304 000	315 000	297 000	307 000
Revenue	304 000	315 000	297 000	307 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	22 000	0
Depreciation	37 000	32 000	32 000	33 000
Impairment	0	0	0	0
Expenditure	207 000	211 000	237 000	181 000
Operating Profit	96 000	103 000	60 000	126 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	40 000	60 000	50 000	60 000
Net Income	76 000	80 000	46 000	99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	259 000	279 000	299 000	319 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	24 000	36 000	49 000
Total Tangible Assets	288 000	303 000	335 000	368 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	289 000	303 000	335 000	368 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	619 000	595 000	567 000	560 000
Total Current Assets	654 000	627 000	567 000	564 000
Total Assets	943 000	929 000	902 000	931 000
Total Equity	872 000	836 000	816 000	819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	9 000	13 000
Creditors	5 000	0	0	0
Unpaid Taxes	0	0	10 000	0
Dividends	40 000	60 000	50 000	60 000
Other Current Debt	0	2 000	0	7 000
Total Current Debt	71 000	89 000	77 000	99 000
Total Equity and Debt	943 000	929 000	902 000	931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,72 %	9,57 %	5,64 %	12,09 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	31,58 %	32,7 %	20,2 %	41,04 %
Current Ratio	9,21	7,04	7,36	5,7
Quick Ratio	9,21	7,04	7,36	5,7
Equity Ratio	0,92	0,9	0,9	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %