ØRSNESVEIEN 37 AS

3120 NØTTERØY

Finances

Return on Equity

16,63 %

Current Ratio

1,12

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 568 000	9 410 000	8 957 000	7 848 000
Net Income	2 969 000	3 975 000	2 526 000	1 997 000
Total Assets	45 570 000	46 075 000	44 498 000	44 312 000
Total Equity	17 857 000	18 947 000	19 033 000	16 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 568 000	9 410 000	8 957 000	7 848 000
Expenditure	5 416 000	4 116 000	5 405 000	4 883 000
Operating Profit	4 152 000	5 293 000	3 551 000	2 965 000
Financial Income	401 000	255 000	287 000	333 000
Financial Costs	747 000	453 000	600 000	736 000
Financial Balance	−346 000	−198 000	−313 000	−403 000
Earnings Before Tax	3 806 000	5 096 000	3 239 000	2 561 000
Tax	837 000	1 121 000	712 000	564 000
Net Income	2 969 000	3 975 000	2 526 000	1 997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 542 000	41 149 000	41 834 000	42 819 000
Total Current Assets	5 029 000	4 926 000	2 664 000	1 492 000
Total Assets	45 570 000	46 075 000	44 498 000	44 312 000
Total Retained Equity	6 257 000	7 347 000	7 433 000	4 906 000
Total Equity	17 857 000	18 947 000	19 033 000	16 506 000
Total Long-Term Debt	23 243 000	23 243 000	23 960 000	25 395 000
Total Current Debt	4 471 000	3 885 000	1 505 000	2 410 000
Total Equity and Debt	45 570 000	46 075 000	44 498 000	44 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 466 000	7 866 000	0	0
Other Income	2 102 000	1 544 000	8 957 000	7 848 000
Revenue	9 568 000	9 410 000	8 957 000	7 848 000
Cost of Goods Sold	2 117 000	1 656 000	0	0
Salary Costs	0	0	0	0
Depreciation	1 279 000	1 286 000	1 288 000	1 744 000
Impairment	0	0	0	0
Expenditure	5 416 000	4 116 000	5 405 000	4 883 000
Operating Profit	4 152 000	5 293 000	3 551 000	2 965 000
Financial Income	401 000	255 000	287 000	333 000
Financial Costs	747 000	453 000	600 000	736 000
Financial Balance	−346 000	−198 000	−313 000	−403 000
Dividends	4 060 000	4 060 000	0	1 300 000
Net Income	2 969 000	3 975 000	2 526 000	1 997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	314 000	253 000	201 000	174 000
Real Eastate	28 101 000	29 349 000	30 600 000	31 853 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	188 000	223 000	258 000
Total Tangible Assets	28 259 000	29 538 000	30 823 000	32 112 000
Total Fiancial Fixed Assets	11 969 000	11 359 000	10 809 000	10 534 000
Total Fixed Assets	40 542 000	41 149 000	41 834 000	42 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 056 000	3 531 000	1 012 000	1 398 000
Total Current Assets	5 029 000	4 926 000	2 664 000	1 492 000
Total Assets	45 570 000	46 075 000	44 498 000	44 312 000
Total Equity	17 857 000	18 947 000	19 033 000	16 506 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 243 000	23 243 000	23 960 000	25 395 000
Creditors	1 092 000	114 000	406 000	176 000
Unpaid Taxes	0	193 000	119 000	177 000
Dividends	4 060 000	4 060 000	0	1 300 000
Other Current Debt	2 481 000	86 000	240 000	91 000
Total Current Debt	4 471 000	3 885 000	1 505 000	2 410 000
Total Equity and Debt	45 570 000	46 075 000	44 498 000	44 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,63 %	20,98 %	13,27 %	12,1 %
Debt-to-Equity Ratio	1,3	1,23	1,26	1,54
Operating Profit Margin	43,39 %	56,25 %	39,64 %	37,78 %
Current Ratio	1,12	1,27	1,77	0,62
Quick Ratio	1,12	1,27	1,77	0,62
Equity Ratio	0,39	0,41	0,43	0,37
Gross Profit Margin	77,87 %	82,4 %	100 %	100 %