ØRMELEN BORETTSLAG AL

7650 VERDAL

Finances

Share Ownership

Return on Equity

−5,92 %

Current Ratio

6,72

Debt-to-Equity Ratio

−3,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	572 000	552 000	537 000	501 000
Net Income	57 000	77 000	70 000	−598 000
Total Assets	2 691 000	2 663 000	2 644 000	2 527 000
Total Equity	−963 000	−1 020 000	−1 097 000	−1 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	572 000	552 000	537 000	501 000
Expenditure	384 000	374 000	371 000	1 008 000
Operating Profit	188 000	178 000	166 000	−507 000
Financial Income	6 000	6 000	7 000	9 000
Financial Costs	137 000	106 000	103 000	100 000
Financial Balance	−131 000	−100 000	−96 000	−91 000
Earnings Before Tax	57 000	77 000	70 000	−598 000
Tax	0	0	0	0
Net Income	57 000	77 000	70 000	−598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 355 000	2 355 000	2 355 000	2 355 000
Total Current Assets	336 000	307 000	289 000	171 000
Total Assets	2 691 000	2 663 000	2 644 000	2 527 000
Total Retained Equity	−965 000	−1 021 000	−1 098 000	−1 168 000
Total Equity	−963 000	−1 020 000	−1 097 000	−1 167 000
Total Long-Term Debt	3 605 000	3 655 000	3 655 000	3 655 000
Total Current Debt	50 000	28 000	86 000	39 000
Total Equity and Debt	2 691 000	2 663 000	2 644 000	2 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	572 000	552 000	537 000	501 000
Revenue	572 000	552 000	537 000	501 000
Cost of Goods Sold	0	0	34 000	25 000
Salary Costs	9 000	10 000	4 000	8 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	384 000	374 000	371 000	1 008 000
Operating Profit	188 000	178 000	166 000	−507 000
Financial Income	6 000	6 000	7 000	9 000
Financial Costs	137 000	106 000	103 000	100 000
Financial Balance	−131 000	−100 000	−96 000	−91 000
Dividends	0	0	0	0
Net Income	57 000	77 000	70 000	−598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 355 000	2 355 000	2 355 000	2 355 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 355 000	2 355 000	2 355 000	2 355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 355 000	2 355 000	2 355 000	2 355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	276 000	237 000	224 000	117 000
Total Current Assets	336 000	307 000	289 000	171 000
Total Assets	2 691 000	2 663 000	2 644 000	2 527 000
Total Equity	−963 000	−1 020 000	−1 097 000	−1 167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 605 000	3 655 000	3 655 000	3 655 000
Creditors	36 000	20 000	11 000	11 000
Unpaid Taxes	0	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	4 000	75 000	28 000
Total Current Debt	50 000	28 000	86 000	39 000
Total Equity and Debt	2 691 000	2 663 000	2 644 000	2 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,92 %	−7,55 %	−6,38 %	51,24 %
Debt-to-Equity Ratio	−3,74	−3,58	−3,33	−3,13
Operating Profit Margin	32,87 %	32,25 %	30,91 %	−101,2 %
Current Ratio	6,72	10,96	3,36	4,38
Quick Ratio	6,72	10,96	3,36	4,38
Equity Ratio	−0,36	−0,38	−0,41	−0,46
Gross Profit Margin	100 %	100 %	93,67 %	95,01 %