ØREN UTVIKLING AS

0487 OSLO

Finances

Return on Equity

−1,04 %

Current Ratio

2 967

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 000	70 000	1 058 000
Net Income	−35 000	919 000	3 000	258 000
Total Assets	3 431 000	3 489 000	2 489 000	3 030 000
Total Equity	3 368 000	3 402 000	2 484 000	2 881 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 000	70 000	1 058 000
Expenditure	58 000	69 000	66 000	612 000
Operating Profit	−58 000	−68 000	4 000	447 000
Financial Income	26 000	1 087 000	0	20 000
Financial Costs	3 000	100 000	0	105 000
Financial Balance	23 000	987 000	0	−85 000
Earnings Before Tax	−35 000	918 000	4 000	362 000
Tax	0	0	1 000	104 000
Net Income	−35 000	919 000	3 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	464 000	464 000	1 035 000	894 000
Total Current Assets	2 967 000	3 025 000	1 454 000	2 136 000
Total Assets	3 431 000	3 489 000	2 489 000	3 030 000
Total Retained Equity	3 268 000	3 302 000	2 384 000	2 781 000
Total Equity	3 368 000	3 402 000	2 484 000	2 881 000
Total Long-Term Debt	63 000	85 000	0	1 000
Total Current Debt	1 000	2 000	5 000	148 000
Total Equity and Debt	3 431 000	3 489 000	2 489 000	3 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	70 000	1 058 000
Other Income	0	0	0	0
Revenue	0	1 000	70 000	1 058 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−2 000	425 000
Depreciation	0	1 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	58 000	69 000	66 000	612 000
Operating Profit	−58 000	−68 000	4 000	447 000
Financial Income	26 000	1 087 000	0	20 000
Financial Costs	3 000	100 000	0	105 000
Financial Balance	23 000	987 000	0	−85 000
Dividends	0	0	400 000	800 000
Net Income	−35 000	919 000	3 000	258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 000	9 000
Total Tangible Assets	0	0	1 000	9 000
Total Fiancial Fixed Assets	464 000	464 000	1 033 000	885 000
Total Fixed Assets	464 000	464 000	1 035 000	894 000
Stock	0	0	0	0
Total Investments	0	0	349 000	0
Cash, Bank	2 144 000	1 378 000	1 105 000	2 126 000
Total Current Assets	2 967 000	3 025 000	1 454 000	2 136 000
Total Assets	3 431 000	3 489 000	2 489 000	3 030 000
Total Equity	3 368 000	3 402 000	2 484 000	2 881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	63 000	85 000	0	1 000
Creditors	1 000	2 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	400 000	800 000
Other Current Debt	0	0	0	44 000
Total Current Debt	1 000	2 000	5 000	148 000
Total Equity and Debt	3 431 000	3 489 000	2 489 000	3 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,04 %	27,01 %	0,12 %	8,96 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	-	−6 800 %	5,71 %	42,25 %
Current Ratio	2 967	1 512,5	290,8	14,43
Quick Ratio	2 967	1 512,5	290,8	14,43
Equity Ratio	0,98	0,98	1	0,95
Gross Profit Margin	-	100 %	100 %	100 %