ØRA AS

9135 VANNVÅG

Finances

Share Ownership

Return on Equity

−6,1 %

Current Ratio

1,54

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 190 000	2 406 000	3 243 000	3 397 000
Net Income	−227 000	−224 000	254 000	323 000
Total Assets	14 410 000	15 618 000	10 080 000	10 236 000
Total Equity	3 721 000	3 948 000	4 172 000	3 918 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 190 000	2 406 000	3 243 000	3 397 000
Expenditure	4 216 000	2 602 000	2 856 000	2 891 000
Operating Profit	−26 000	−196 000	387 000	506 000
Financial Income	24 000	18 000	32 000	29 000
Financial Costs	300 000	123 000	105 000	132 000
Financial Balance	−276 000	−105 000	−73 000	−103 000
Earnings Before Tax	−303 000	−301 000	314 000	403 000
Tax	−76 000	−77 000	59 000	80 000
Net Income	−227 000	−224 000	254 000	323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 096 000	13 009 000	7 808 000	7 727 000
Total Current Assets	2 315 000	2 609 000	2 272 000	2 509 000
Total Assets	14 410 000	15 618 000	10 080 000	10 236 000
Total Retained Equity	3 688 000	3 915 000	4 139 000	3 884 000
Total Equity	3 721 000	3 948 000	4 172 000	3 918 000
Total Long-Term Debt	9 186 000	10 164 000	4 665 000	4 809 000
Total Current Debt	1 503 000	1 506 000	1 242 000	1 509 000
Total Equity and Debt	14 410 000	15 618 000	10 080 000	10 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 657 000	1 863 000	3 036 000	3 151 000
Other Income	533 000	543 000	207 000	246 000
Revenue	4 190 000	2 406 000	3 243 000	3 397 000
Cost of Goods Sold	0	36 000	0	0
Salary Costs	2 372 000	1 284 000	1 626 000	1 726 000
Depreciation	623 000	498 000	454 000	430 000
Impairment	0	0	0	0
Expenditure	4 216 000	2 602 000	2 856 000	2 891 000
Operating Profit	−26 000	−196 000	387 000	506 000
Financial Income	24 000	18 000	32 000	29 000
Financial Costs	300 000	123 000	105 000	132 000
Financial Balance	−276 000	−105 000	−73 000	−103 000
Dividends	0	0	0	0
Net Income	−227 000	−224 000	254 000	323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 450 000	4 450 000	950 000	950 000
Real Eastate	45 000	45 000	45 000	45 000
Machinery and Plant Facilities	465 000	760 000	358 000	329 000
Fixtures	144 000	356 000	420 000	15 000
Total Tangible Assets	7 625 000	8 534 000	6 838 000	6 757 000
Total Fiancial Fixed Assets	21 000	25 000	20 000	20 000
Total Fixed Assets	12 096 000	13 009 000	7 808 000	7 727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 926 000	2 030 000	2 112 000	2 440 000
Total Current Assets	2 315 000	2 609 000	2 272 000	2 509 000
Total Assets	14 410 000	15 618 000	10 080 000	10 236 000
Total Equity	3 721 000	3 948 000	4 172 000	3 918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 186 000	10 164 000	4 665 000	4 809 000
Creditors	112 000	60 000	180 000	79 000
Unpaid Taxes	604 000	697 000	315 000	597 000
Dividends	0	0	0	0
Other Current Debt	787 000	749 000	746 000	806 000
Total Current Debt	1 503 000	1 506 000	1 242 000	1 509 000
Total Equity and Debt	14 410 000	15 618 000	10 080 000	10 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,1 %	−5,67 %	6,09 %	8,24 %
Debt-to-Equity Ratio	2,47	2,57	1,12	1,23
Operating Profit Margin	−0,62 %	−8,15 %	11,93 %	14,9 %
Current Ratio	1,54	1,73	1,83	1,66
Quick Ratio	1,54	1,73	1,83	1,66
Equity Ratio	0,26	0,25	0,41	0,38
Gross Profit Margin	100 %	98,5 %	100 %	100 %