ØRA KAI AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

17,78 %

Current Ratio

7,35

Debt-to-Equity Ratio

2,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	355 000	278 000	281 000	267 000
Net Income	120 000	163 000	132 000	153 000
Total Assets	2 216 000	701 000	799 000	777 000
Total Equity	675 000	554 000	391 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	355 000	278 000	281 000	267 000
Expenditure	145 000	69 000	112 000	71 000
Operating Profit	209 000	209 000	169 000	196 000
Financial Income	0	0	0	0
Financial Costs	55 000	0	0	0
Financial Balance	−55 000	0	0	0
Earnings Before Tax	154 000	209 000	169 000	196 000
Tax	34 000	46 000	37 000	43 000
Net Income	120 000	163 000	132 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 532 000	218 000	233 000	311 000
Total Current Assets	684 000	483 000	566 000	466 000
Total Assets	2 216 000	701 000	799 000	777 000
Total Retained Equity	645 000	524 000	361 000	230 000
Total Equity	675 000	554 000	391 000	260 000
Total Long-Term Debt	1 449 000	1 000	1 000	0
Total Current Debt	93 000	146 000	407 000	517 000
Total Equity and Debt	2 216 000	701 000	799 000	777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	155 000	78 000	73 000	67 000
Other Income	200 000	200 000	208 000	200 000
Revenue	355 000	278 000	281 000	267 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	14 000	0	0
Depreciation	44 000	15 000	17 000	25 000
Impairment	0	0	0	0
Expenditure	145 000	69 000	112 000	71 000
Operating Profit	209 000	209 000	169 000	196 000
Financial Income	0	0	0	0
Financial Costs	55 000	0	0	0
Financial Balance	−55 000	0	0	0
Dividends	0	0	0	0
Net Income	120 000	163 000	132 000	153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 511 000	218 000	233 000	250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	0	0	61 000
Total Tangible Assets	1 532 000	218 000	233 000	311 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 532 000	218 000	233 000	311 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	403 000	456 000	553 000	464 000
Total Current Assets	684 000	483 000	566 000	466 000
Total Assets	2 216 000	701 000	799 000	777 000
Total Equity	675 000	554 000	391 000	260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 449 000	1 000	1 000	0
Creditors	63 000	−16 000	16 000	2 000
Unpaid Taxes	0	66 000	55 000	4 000
Dividends	0	0	0	0
Other Current Debt	3 000	50 000	300 000	466 000
Total Current Debt	93 000	146 000	407 000	517 000
Total Equity and Debt	2 216 000	701 000	799 000	777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,78 %	29,42 %	33,76 %	58,85 %
Debt-to-Equity Ratio	2,15	0	0	0
Operating Profit Margin	58,87 %	75,18 %	60,14 %	73,41 %
Current Ratio	7,35	3,31	1,39	0,9
Quick Ratio	7,35	3,31	1,39	0,9
Equity Ratio	0,3	0,79	0,49	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %