ØRRETEN EIENDOM AS

8409 GULLESFJORD

Finances

Share Ownership

Return on Equity

−31,13 %

Current Ratio

1,14

Debt-to-Equity Ratio

4,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 384 000	3 094 000	2 213 000	2 721 000
Net Income	−315 000	−31 000	−152 000	101 000
Total Assets	6 304 000	6 136 000	6 126 000	6 126 000
Total Equity	1 012 000	1 327 000	1 358 000	1 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 384 000	3 094 000	2 213 000	2 721 000
Expenditure	4 494 000	2 971 000	2 152 000	2 385 000
Operating Profit	−110 000	126 000	66 000	332 000
Financial Income	1 000	2 000	0	0
Financial Costs	206 000	151 000	217 000	231 000
Financial Balance	−205 000	−149 000	−217 000	−231 000
Earnings Before Tax	−315 000	−24 000	−152 000	101 000
Tax	0	8 000	0	0
Net Income	−315 000	−31 000	−152 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 490 000	5 112 000	5 493 000	5 918 000
Total Current Assets	814 000	1 024 000	633 000	208 000
Total Assets	6 304 000	6 136 000	6 126 000	6 126 000
Total Retained Equity	−488 000	−173 000	−142 000	10 000
Total Equity	1 012 000	1 327 000	1 358 000	1 510 000
Total Long-Term Debt	4 581 000	3 969 000	4 192 000	4 252 000
Total Current Debt	711 000	840 000	576 000	364 000
Total Equity and Debt	6 304 000	6 136 000	6 126 000	6 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 073 000	2 298 000	2 086 000	2 577 000
Other Income	311 000	797 000	126 000	144 000
Revenue	4 384 000	3 094 000	2 213 000	2 721 000
Cost of Goods Sold	809 000	320 000	200 000	229 000
Salary Costs	1 605 000	957 000	491 000	634 000
Depreciation	461 000	430 000	424 000	410 000
Impairment	0	0	0	0
Expenditure	4 494 000	2 971 000	2 152 000	2 385 000
Operating Profit	−110 000	126 000	66 000	332 000
Financial Income	1 000	2 000	0	0
Financial Costs	206 000	151 000	217 000	231 000
Financial Balance	−205 000	−149 000	−217 000	−231 000
Dividends	0	0	0	0
Net Income	−315 000	−31 000	−152 000	101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 533 000	4 658 000	4 783 000	4 908 000
Machinery and Plant Facilities	91 000	33 000	48 000	62 000
Fixtures	866 000	421 000	663 000	948 000
Total Tangible Assets	5 490 000	5 112 000	5 493 000	5 918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 490 000	5 112 000	5 493 000	5 918 000
Stock	9 000	8 000	5 000	0
Total Investments	0	0	0	0
Cash, Bank	224 000	555 000	569 000	124 000
Total Current Assets	814 000	1 024 000	633 000	208 000
Total Assets	6 304 000	6 136 000	6 126 000	6 126 000
Total Equity	1 012 000	1 327 000	1 358 000	1 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 581 000	3 969 000	4 192 000	4 252 000
Creditors	72 000	72 000	299 000	93 000
Unpaid Taxes	50 000	34 000	−66 000	−7 000
Dividends	0	0	0	0
Other Current Debt	589 000	726 000	343 000	279 000
Total Current Debt	711 000	840 000	576 000	364 000
Total Equity and Debt	6 304 000	6 136 000	6 126 000	6 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,13 %	−2,34 %	−11,19 %	6,69 %
Debt-to-Equity Ratio	4,53	2,99	3,09	2,82
Operating Profit Margin	−2,51 %	4,07 %	2,98 %	12,2 %
Current Ratio	1,14	1,22	1,1	0,57
Quick Ratio	1,16	1,23	1,11	0,57
Equity Ratio	0,16	0,22	0,22	0,25
Gross Profit Margin	81,55 %	89,66 %	90,96 %	91,58 %