ØRNES SAMEIE AS

3660 RJUKAN

Finances

Return on Equity

90,93 %

Current Ratio

9,75

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 083 000	0	0	0
Net Income	10 204 000	−322 000	−92 000	−565 000
Total Assets	27 218 000	18 626 000	4 650 000	5 028 000
Total Equity	11 222 000	1 018 000	1 341 000	1 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 083 000	0	0	0
Expenditure	18 852 000	133 000	162 000	767 000
Operating Profit	13 231 000	−222 000	−162 000	−767 000
Financial Income	3 000	10 000	34 000	43 000
Financial Costs	202 000	151 000	0	0
Financial Balance	−199 000	−141 000	34 000	43 000
Earnings Before Tax	13 032 000	−364 000	−128 000	−725 000
Tax	2 828 000	−41 000	−36 000	−160 000
Net Income	10 204 000	−322 000	−92 000	−565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 053 000	1 149 000	1 268 000	1 651 000
Total Current Assets	26 165 000	17 476 000	3 382 000	3 377 000
Total Assets	27 218 000	18 626 000	4 650 000	5 028 000
Total Retained Equity	9 881 000	−322 000	0	0
Total Equity	11 222 000	1 018 000	1 341 000	1 433 000
Total Long-Term Debt	13 313 000	16 267 000	3 308 000	69 000
Total Current Debt	2 684 000	1 340 000	0	3 525 000
Total Equity and Debt	27 218 000	18 626 000	4 650 000	5 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 083 000	0	0	0
Other Income	0	0	0	0
Revenue	32 083 000	0	0	0
Cost of Goods Sold	18 227 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	133 000	133 000	133 000	133 000
Impairment	0	0	0	0
Expenditure	18 852 000	133 000	162 000	767 000
Operating Profit	13 231 000	−222 000	−162 000	−767 000
Financial Income	3 000	10 000	34 000	43 000
Financial Costs	202 000	151 000	0	0
Financial Balance	−199 000	−141 000	34 000	43 000
Dividends	0	0	0	750 000
Net Income	10 204 000	−322 000	−92 000	−565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	119 000	89 000	96 000	102 000
Machinery and Plant Facilities	767 000	893 000	1 020 000	1 147 000
Fixtures	15 000	15 000	0	0
Total Tangible Assets	900 000	997 000	1 115 000	1 249 000
Total Fiancial Fixed Assets	152 000	152 000	152 000	402 000
Total Fixed Assets	1 053 000	1 149 000	1 268 000	1 651 000
Stock	16 074 000	12 461 000	392 000	246 000
Total Investments	0	0	0	0
Cash, Bank	2 560 000	4 997 000	2 966 000	3 115 000
Total Current Assets	26 165 000	17 476 000	3 382 000	3 377 000
Total Assets	27 218 000	18 626 000	4 650 000	5 028 000
Total Equity	11 222 000	1 018 000	1 341 000	1 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 313 000	16 267 000	3 308 000	69 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	750 000
Other Current Debt	0	1 340 000	0	2 775 000
Total Current Debt	2 684 000	1 340 000	0	3 525 000
Total Equity and Debt	27 218 000	18 626 000	4 650 000	5 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,93 %	−31,63 %	−6,86 %	−39,43 %
Debt-to-Equity Ratio	1,19	15,98	2,47	0,05
Operating Profit Margin	41,24 %	-	-	-
Current Ratio	9,75	13,04	-	0,96
Quick Ratio	−1,95	−1,57	−8,63	1,03
Equity Ratio	0,41	0,05	0,29	0,29
Gross Profit Margin	43,19 %	-	-	-