ØRNEN EIENDOM AS

0250 OSLO

Finances

Share Ownership

Return on Equity

5,99 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 397 000	21 429 000	25 941 000	36 903 000
Net Income	18 641 000	5 271 000	9 656 000	15 684 000
Total Assets	426 285 000	440 885 000	469 942 000	469 380 000
Total Equity	311 442 000	303 854 000	298 584 000	440 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 397 000	21 429 000	25 941 000	36 903 000
Expenditure	13 677 000	13 177 000	13 590 000	16 809 000
Operating Profit	29 720 000	8 251 000	12 351 000	20 094 000
Financial Income	36 000	40 000	29 000	14 000
Financial Costs	5 857 000	1 534 000	0	1 000
Financial Balance	−5 821 000	−1 494 000	29 000	13 000
Earnings Before Tax	23 899 000	6 757 000	12 380 000	20 108 000
Tax	5 258 000	1 487 000	2 724 000	4 424 000
Net Income	18 641 000	5 271 000	9 656 000	15 684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	425 111 000	434 704 000	444 448 000	454 084 000
Total Current Assets	1 174 000	6 181 000	25 493 000	15 296 000
Total Assets	426 285 000	440 885 000	469 942 000	469 380 000
Total Retained Equity	12 858 000	5 271 000	0	12 128 000
Total Equity	311 442 000	303 854 000	298 584 000	440 356 000
Total Long-Term Debt	98 890 000	135 892 000	18 699 000	16 378 000
Total Current Debt	15 954 000	1 139 000	152 659 000	12 646 000
Total Equity and Debt	426 285 000	440 885 000	469 942 000	469 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 397 000	19 801 000	22 347 000	36 903 000
Other Income	1 000	1 628 000	3 594 000	0
Revenue	43 397 000	21 429 000	25 941 000	36 903 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 748 000	9 744 000	9 740 000	13 084 000
Impairment	0	0	0	0
Expenditure	13 677 000	13 177 000	13 590 000	16 809 000
Operating Profit	29 720 000	8 251 000	12 351 000	20 094 000
Financial Income	36 000	40 000	29 000	14 000
Financial Costs	5 857 000	1 534 000	0	1 000
Financial Balance	−5 821 000	−1 494 000	29 000	13 000
Dividends	0	0	0	0
Net Income	18 641 000	5 271 000	9 656 000	15 684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	425 111 000	434 704 000	444 448 000	454 084 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	425 111 000	434 704 000	444 448 000	454 084 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	425 111 000	434 704 000	444 448 000	454 084 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	812 000	5 922 000	5 512 000	7 051 000
Total Current Assets	1 174 000	6 181 000	25 493 000	15 296 000
Total Assets	426 285 000	440 885 000	469 942 000	469 380 000
Total Equity	311 442 000	303 854 000	298 584 000	440 356 000
Short-Term Group Debt	14 171 000	0	151 831 000	11 099 000
Total Long-Term Debt	98 890 000	135 892 000	18 699 000	16 378 000
Creditors	260 000	118 000	182 000	0
Unpaid Taxes	1 523 000	1 020 000	646 000	1 547 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	15 954 000	1 139 000	152 659 000	12 646 000
Total Equity and Debt	426 285 000	440 885 000	469 942 000	469 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,99 %	1,73 %	3,23 %	3,56 %
Debt-to-Equity Ratio	0,32	0,45	0,06	0,04
Operating Profit Margin	68,48 %	38,5 %	47,61 %	54,45 %
Current Ratio	0,07	5,43	0,17	1,21
Quick Ratio	0,07	5,43	0,17	1,21
Equity Ratio	0,73	0,69	0,64	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %