OFOTEN RØR EIENDOM AS

8514 NARVIK

Finances

Return on Equity

12,38 %

Current Ratio

4,73

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	586 000	576 000	576 000	632 000
Net Income	185 000	211 000	236 000	793 000
Total Assets	3 116 000	3 183 000	3 197 000	4 047 000
Total Equity	1 494 000	1 308 000	1 098 000	1 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	586 000	576 000	576 000	632 000
Expenditure	240 000	191 000	186 000	260 000
Operating Profit	345 000	385 000	389 000	372 000
Financial Income	2 000	0	0	601 000
Financial Costs	87 000	89 000	70 000	111 000
Financial Balance	−85 000	−89 000	−70 000	490 000
Earnings Before Tax	259 000	296 000	319 000	862 000
Tax	74 000	86 000	83 000	68 000
Net Income	185 000	211 000	236 000	793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 558 000	2 585 000	2 749 000	2 881 000
Total Current Assets	558 000	597 000	448 000	1 165 000
Total Assets	3 116 000	3 183 000	3 197 000	4 047 000
Total Retained Equity	1 388 000	1 202 000	992 000	1 556 000
Total Equity	1 494 000	1 308 000	1 098 000	1 662 000
Total Long-Term Debt	1 505 000	1 748 000	1 990 000	2 233 000
Total Current Debt	118 000	127 000	109 000	151 000
Total Equity and Debt	3 116 000	3 183 000	3 197 000	4 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	586 000	576 000	576 000	632 000
Revenue	586 000	576 000	576 000	632 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	134 000	132 000	132 000	132 000
Impairment	0	0	0	0
Expenditure	240 000	191 000	186 000	260 000
Operating Profit	345 000	385 000	389 000	372 000
Financial Income	2 000	0	0	601 000
Financial Costs	87 000	89 000	70 000	111 000
Financial Balance	−85 000	−89 000	−70 000	490 000
Dividends	0	0	0	0
Net Income	185 000	211 000	236 000	793 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 401 000	2 416 000	2 549 000	2 681 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 401 000	2 416 000	2 549 000	2 681 000
Total Fiancial Fixed Assets	157 000	169 000	200 000	200 000
Total Fixed Assets	2 558 000	2 585 000	2 749 000	2 881 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	476 000	582 000	448 000	1 043 000
Total Current Assets	558 000	597 000	448 000	1 165 000
Total Assets	3 116 000	3 183 000	3 197 000	4 047 000
Total Equity	1 494 000	1 308 000	1 098 000	1 662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 505 000	1 748 000	1 990 000	2 233 000
Creditors	43 000	17 000	1 000	5 000
Unpaid Taxes	1 000	24 000	24 000	18 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	60 000
Total Current Debt	118 000	127 000	109 000	151 000
Total Equity and Debt	3 116 000	3 183 000	3 197 000	4 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,38 %	16,13 %	21,49 %	47,71 %
Debt-to-Equity Ratio	1,01	1,34	1,81	1,34
Operating Profit Margin	58,87 %	66,84 %	67,53 %	58,86 %
Current Ratio	4,73	4,7	4,11	7,72
Quick Ratio	4,73	4,7	4,11	7,72
Equity Ratio	0,48	0,41	0,34	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %