ORE INVEST AS

4560 VANSE

Finances

Return on Equity

15,95 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 711 000	142 029 000	98 235 000	95 496 000
Net Income	9 068 000	10 498 000	6 538 000	5 915 000
Total Assets	89 850 000	68 251 000	62 555 000	57 766 000
Total Equity	56 853 000	48 184 000	40 787 000	37 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 711 000	142 029 000	98 235 000	95 496 000
Expenditure	131 946 000	128 408 000	89 738 000	87 642 000
Operating Profit	11 765 000	13 619 000	8 497 000	7 855 000
Financial Income	0	967 000	735 000	529 000
Financial Costs	127 000	1 124 000	835 000	782 000
Financial Balance	−127 000	−157 000	−100 000	−253 000
Earnings Before Tax	11 638 000	13 462 000	8 397 000	7 602 000
Tax	2 570 000	2 964 000	1 860 000	1 687 000
Net Income	9 068 000	10 498 000	6 538 000	5 915 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 554 000	37 497 000	34 318 000	30 950 000
Total Current Assets	51 296 000	30 754 000	28 237 000	26 816 000
Total Assets	89 850 000	68 251 000	62 555 000	57 766 000
Total Retained Equity	56 553 000	47 884 000	40 487 000	36 877 000
Total Equity	56 853 000	48 184 000	40 787 000	37 177 000
Total Long-Term Debt	1 553 000	1 636 000	1 638 000	1 501 000
Total Current Debt	31 444 000	18 431 000	20 130 000	19 088 000
Total Equity and Debt	89 850 000	68 251 000	62 555 000	57 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	143 624 000	141 249 000	97 175 000	94 837 000
Other Income	87 000	780 000	1 060 000	660 000
Revenue	143 711 000	142 029 000	98 235 000	95 496 000
Cost of Goods Sold	105 008 000	103 809 000	67 259 000	65 068 000
Salary Costs	16 427 000	14 865 000	13 968 000	13 901 000
Depreciation	2 133 000	2 212 000	2 216 000	2 157 000
Impairment	0	0	0	0
Expenditure	131 946 000	128 408 000	89 738 000	87 642 000
Operating Profit	11 765 000	13 619 000	8 497 000	7 855 000
Financial Income	0	967 000	735 000	529 000
Financial Costs	127 000	1 124 000	835 000	782 000
Financial Balance	−127 000	−157 000	−100 000	−253 000
Dividends	0	0	0	0
Net Income	9 068 000	10 498 000	6 538 000	5 915 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 167 000	31 932 000	26 941 000	20 983 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 337 000	5 515 000	7 327 000	9 898 000
Total Tangible Assets	38 504 000	37 447 000	34 267 000	30 882 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	68 000
Total Fixed Assets	38 554 000	37 497 000	34 318 000	30 950 000
Stock	28 581 000	18 979 000	18 042 000	21 206 000
Total Investments	0	0	0	0
Cash, Bank	711 000	1 578 000	593 000	537 000
Total Current Assets	51 296 000	30 754 000	28 237 000	26 816 000
Total Assets	89 850 000	68 251 000	62 555 000	57 766 000
Total Equity	56 853 000	48 184 000	40 787 000	37 177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 553 000	1 636 000	1 638 000	1 501 000
Creditors	6 110 000	3 591 000	2 739 000	1 947 000
Unpaid Taxes	2 556 000	1 879 000	1 895 000	1 649 000
Dividends	0	0	0	0
Other Current Debt	5 764 000	5 005 000	3 960 000	2 292 000
Total Current Debt	31 444 000	18 431 000	20 130 000	19 088 000
Total Equity and Debt	89 850 000	68 251 000	62 555 000	57 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,95 %	21,79 %	16,03 %	15,91 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,04
Operating Profit Margin	8,19 %	9,59 %	8,65 %	8,23 %
Current Ratio	1,63	1,67	1,4	1,4
Quick Ratio	17,92	−56,12	13,52	−12,66
Equity Ratio	0,63	0,71	0,65	0,64
Gross Profit Margin	26,93 %	26,91 %	31,53 %	31,86 %