ØRA AUTO AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

47,69 %

Current Ratio

3,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 328 000	14 726 000	5 962 000	5 362 000
Net Income	1 479 000	1 306 000	283 000	281 000
Total Assets	4 206 000	2 696 000	936 000	809 000
Total Equity	3 101 000	1 623 000	317 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 328 000	14 726 000	5 962 000	5 362 000
Expenditure	15 434 000	13 044 000	5 610 000	5 080 000
Operating Profit	1 895 000	1 681 000	352 000	281 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	1 000	0
Financial Balance	−3 000	−4 000	−1 000	0
Earnings Before Tax	1 892 000	1 677 000	351 000	281 000
Tax	414 000	372 000	68 000	0
Net Income	1 479 000	1 306 000	283 000	281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	0	0	0
Total Current Assets	4 203 000	2 696 000	936 000	809 000
Total Assets	4 206 000	2 696 000	936 000	809 000
Total Retained Equity	3 071 000	1 593 000	287 000	5 000
Total Equity	3 101 000	1 623 000	317 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 105 000	1 073 000	619 000	775 000
Total Equity and Debt	4 206 000	2 696 000	936 000	809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 185 000	14 598 000	5 900 000	5 362 000
Other Income	143 000	128 000	63 000	0
Revenue	17 328 000	14 726 000	5 962 000	5 362 000
Cost of Goods Sold	13 205 000	11 015 000	4 377 000	4 094 000
Salary Costs	1 037 000	965 000	612 000	714 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 434 000	13 044 000	5 610 000	5 080 000
Operating Profit	1 895 000	1 681 000	352 000	281 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	1 000	0
Financial Balance	−3 000	−4 000	−1 000	0
Dividends	0	0	0	0
Net Income	1 479 000	1 306 000	283 000	281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	0	0	0
Stock	3 023 000	2 284 000	855 000	777 000
Total Investments	0	0	0	0
Cash, Bank	911 000	412 000	39 000	23 000
Total Current Assets	4 203 000	2 696 000	936 000	809 000
Total Assets	4 206 000	2 696 000	936 000	809 000
Total Equity	3 101 000	1 623 000	317 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	128 000	139 000	110 000	37 000
Unpaid Taxes	−54 000	80 000	−1 000	17 000
Dividends	0	0	0	0
Other Current Debt	314 000	482 000	442 000	721 000
Total Current Debt	1 105 000	1 073 000	619 000	775 000
Total Equity and Debt	4 206 000	2 696 000	936 000	809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,69 %	80,47 %	89,27 %	802,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,94 %	11,42 %	5,9 %	5,24 %
Current Ratio	3,8	2,51	1,51	1,04
Quick Ratio	−2,19	−2,23	−3,97	−404,5
Equity Ratio	0,74	0,6	0,34	0,04
Gross Profit Margin	23,79 %	25,2 %	26,59 %	23,65 %