URNES GARD AS

6870 ORNES

Finances

Return on Equity

58,27 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	313 000	375 000	278 000	392 000
Net Income	74 000	55 000	25 000	74 000
Total Assets	229 000	207 000	147 000	237 000
Total Equity	127 000	93 000	78 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	313 000	375 000	278 000	392 000
Expenditure	218 000	306 000	240 000	296 000
Operating Profit	95 000	70 000	38 000	96 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	0	5 000	0
Financial Balance	0	1 000	−4 000	1 000
Earnings Before Tax	95 000	71 000	34 000	96 000
Tax	21 000	16 000	9 000	22 000
Net Income	74 000	55 000	25 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	1 000	7 000
Total Current Assets	229 000	206 000	146 000	230 000
Total Assets	229 000	207 000	147 000	237 000
Total Retained Equity	103 000	69 000	54 000	49 000
Total Equity	127 000	93 000	78 000	72 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	102 000	114 000	69 000	164 000
Total Equity and Debt	229 000	207 000	147 000	237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	313 000	375 000	278 000	392 000
Other Income	0	0	0	0
Revenue	313 000	375 000	278 000	392 000
Cost of Goods Sold	127 000	205 000	145 000	180 000
Salary Costs	49 000	53 000	36 000	50 000
Depreciation	0	0	1 000	5 000
Impairment	0	0	0	0
Expenditure	218 000	306 000	240 000	296 000
Operating Profit	95 000	70 000	38 000	96 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	0	5 000	0
Financial Balance	0	1 000	−4 000	1 000
Dividends	40 000	40 000	20 000	60 000
Net Income	74 000	55 000	25 000	74 000

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	0	1 000
Total Tangible Assets	0	0	0	1 000
Total Fiancial Fixed Assets	0	1 000	1 000	6 000
Total Fixed Assets	0	1 000	1 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	224 000	196 000	146 000	207 000
Total Current Assets	229 000	206 000	146 000	230 000
Total Assets	229 000	207 000	147 000	237 000
Total Equity	127 000	93 000	78 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	8 000
Unpaid Taxes	37 000	34 000	25 000	45 000
Dividends	40 000	40 000	20 000	60 000
Other Current Debt	4 000	4 000	15 000	30 000
Total Current Debt	102 000	114 000	69 000	164 000
Total Equity and Debt	229 000	207 000	147 000	237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,27 %	59,14 %	32,05 %	102,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,35 %	18,67 %	13,67 %	24,49 %
Current Ratio	2,25	1,81	2,12	1,4
Quick Ratio	2,25	1,81	2,12	1,4
Equity Ratio	0,55	0,45	0,53	0,3
Gross Profit Margin	59,42 %	45,33 %	47,84 %	54,08 %