ØVRE ROMERIKE EIENDOMSUTVIKLING AS

2072 DAL

Finances

Share Ownership

Return on Equity

−83,2 %

Current Ratio

0,51

Debt-to-Equity Ratio

19,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 662 000	1 573 000	1 992 000	1 794 000
Net Income	−302 000	−601 000	53 000	−172 000
Total Assets	9 740 000	10 656 000	7 578 000	8 231 000
Total Equity	363 000	664 000	1 265 000	2 093 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 662 000	1 573 000	1 992 000	1 794 000
Expenditure	1 625 000	1 938 000	1 753 000	1 849 000
Operating Profit	37 000	−364 000	240 000	−54 000
Financial Income	12 000	12 000	0	27 000
Financial Costs	350 000	249 000	171 000	191 000
Financial Balance	−338 000	−237 000	−171 000	−164 000
Earnings Before Tax	−302 000	−601 000	69 000	−218 000
Tax	0	0	17 000	−46 000
Net Income	−302 000	−601 000	53 000	−172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 629 000	9 033 000	5 309 000	5 700 000
Total Current Assets	1 111 000	1 623 000	2 268 000	2 531 000
Total Assets	9 740 000	10 656 000	7 578 000	8 231 000
Total Retained Equity	−157 000	144 000	745 000	1 573 000
Total Equity	363 000	664 000	1 265 000	2 093 000
Total Long-Term Debt	7 184 000	7 754 000	3 976 000	4 669 000
Total Current Debt	2 194 000	2 239 000	2 336 000	1 469 000
Total Equity and Debt	9 740 000	10 656 000	7 578 000	8 231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 662 000	1 573 000	1 992 000	785 000
Other Income	0	0	0	1 010 000
Revenue	1 662 000	1 573 000	1 992 000	1 794 000
Cost of Goods Sold	10 000	241 000	510 000	243 000
Salary Costs	336 000	357 000	0	0
Depreciation	405 000	464 000	472 000	456 000
Impairment	0	0	0	0
Expenditure	1 625 000	1 938 000	1 753 000	1 849 000
Operating Profit	37 000	−364 000	240 000	−54 000
Financial Income	12 000	12 000	0	27 000
Financial Costs	350 000	249 000	171 000	191 000
Financial Balance	−338 000	−237 000	−171 000	−164 000
Dividends	0	0	0	0
Net Income	−302 000	−601 000	53 000	−172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 563 000	8 761 000	4 808 000	5 012 000
Machinery and Plant Facilities	0	0	66 000	0
Fixtures	66 000	272 000	435 000	688 000
Total Tangible Assets	8 629 000	9 033 000	5 309 000	5 700 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 629 000	9 033 000	5 309 000	5 700 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	325 000	262 000	225 000
Total Current Assets	1 111 000	1 623 000	2 268 000	2 531 000
Total Assets	9 740 000	10 656 000	7 578 000	8 231 000
Total Equity	363 000	664 000	1 265 000	2 093 000
Short-Term Group Debt	0	0	1 129 000	1 316 000
Total Long-Term Debt	7 184 000	7 754 000	3 976 000	4 669 000
Creditors	90 000	41 000	0	0
Unpaid Taxes	25 000	30 000	16 000	−5 000
Dividends	0	0	0	0
Other Current Debt	2 078 000	2 168 000	1 138 000	158 000
Total Current Debt	2 194 000	2 239 000	2 336 000	1 469 000
Total Equity and Debt	9 740 000	10 656 000	7 578 000	8 231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,2 %	−90,51 %	4,19 %	−8,22 %
Debt-to-Equity Ratio	19,79	11,68	3,14	2,23
Operating Profit Margin	2,23 %	−23,14 %	12,05 %	−3,01 %
Current Ratio	0,51	0,72	0,97	1,72
Quick Ratio	0,51	0,72	0,97	1,72
Equity Ratio	0,04	0,06	0,17	0,25
Gross Profit Margin	99,4 %	84,68 %	74,4 %	86,45 %