ØRNES HOLDING AS

3660 RJUKAN

Finances

Return on Equity

−0,12 %

Current Ratio

0,23

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000 000	13 145 000
Net Income	−17 000	2 794 000	975 000	12 991 000
Total Assets	14 603 000	16 052 000	17 105 000	16 553 000
Total Equity	13 890 000	14 507 000	14 513 000	14 858 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000 000	13 145 000
Expenditure	23 000	0	35 000	32 000
Operating Profit	−23 000	−8 000	965 000	13 113 000
Financial Income	1 000	2 800 000	3 000	147 000
Financial Costs	0	0	0	18 000
Financial Balance	1 000	2 800 000	3 000	129 000
Earnings Before Tax	−22 000	2 792 000	968 000	13 242 000
Tax	−5 000	−2 000	−7 000	251 000
Net Income	−17 000	2 794 000	975 000	12 991 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 461 000	13 461 000	15 781 000	14 461 000
Total Current Assets	141 000	2 591 000	1 324 000	2 092 000
Total Assets	14 603 000	16 052 000	17 105 000	16 553 000
Total Retained Equity	13 586 000	14 203 000	14 209 000	14 554 000
Total Equity	13 890 000	14 507 000	14 513 000	14 858 000
Total Long-Term Debt	94 000	118 000	1 242 000	1 628 000
Total Current Debt	619 000	1 428 000	1 350 000	67 000
Total Equity and Debt	14 603 000	16 052 000	17 105 000	16 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	1 000 000	13 145 000
Revenue	0	0	1 000 000	13 145 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 000	0	35 000	32 000
Operating Profit	−23 000	−8 000	965 000	13 113 000
Financial Income	1 000	2 800 000	3 000	147 000
Financial Costs	0	0	0	18 000
Financial Balance	1 000	2 800 000	3 000	129 000
Dividends	600 000	2 800 000	1 320 000	300 000
Net Income	−17 000	2 794 000	975 000	12 991 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	14 461 000	13 461 000	15 781 000	14 461 000
Total Fixed Assets	14 461 000	13 461 000	15 781 000	14 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	141 000	1 191 000	324 000	743 000
Total Current Assets	141 000	2 591 000	1 324 000	2 092 000
Total Assets	14 603 000	16 052 000	17 105 000	16 553 000
Total Equity	13 890 000	14 507 000	14 513 000	14 858 000
Short-Term Group Debt	600 000	0	0	0
Total Long-Term Debt	94 000	118 000	1 242 000	1 628 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	600 000	2 800 000	1 320 000	300 000
Other Current Debt	0	0	0	0
Total Current Debt	619 000	1 428 000	1 350 000	67 000
Total Equity and Debt	14 603 000	16 052 000	17 105 000	16 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,12 %	19,26 %	6,72 %	87,43 %
Debt-to-Equity Ratio	0,01	0,01	0,09	0,11
Operating Profit Margin	-	-	96,5 %	99,76 %
Current Ratio	0,23	1,81	0,98	31,22
Quick Ratio	0,23	1,81	0,98	31,22
Equity Ratio	0,95	0,9	0,85	0,9
Gross Profit Margin	-	-	100 %	100 %