ORNES BÅTBYGGERI AS

6870 ORNES

Finances

Share Ownership

Return on Equity

−16,37 %

Current Ratio

1,28

Debt-to-Equity Ratio

3,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 979 000	5 792 000	6 258 000	6 591 000
Net Income	−156 000	214 000	627 000	137 000
Total Assets	5 254 000	5 002 000	4 239 000	4 891 000
Total Equity	953 000	1 110 000	895 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 979 000	5 792 000	6 258 000	6 591 000
Expenditure	3 862 000	3 961 000	3 756 000	4 120 000
Operating Profit	1 000	410 000	851 000	323 000
Financial Income	17 000	16 000	18 000	15 000
Financial Costs	175 000	113 000	242 000	201 000
Financial Balance	−158 000	−97 000	−224 000	−186 000
Earnings Before Tax	−156 000	314 000	627 000	137 000
Tax	0	99 000	0	0
Net Income	−156 000	214 000	627 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 535 000	3 179 000	2 788 000	2 918 000
Total Current Assets	1 719 000	1 823 000	1 451 000	1 973 000
Total Assets	5 254 000	5 002 000	4 239 000	4 891 000
Total Retained Equity	−147 000	10 000	−205 000	−832 000
Total Equity	953 000	1 110 000	895 000	268 000
Total Long-Term Debt	2 953 000	2 865 000	2 228 000	2 786 000
Total Current Debt	1 348 000	1 028 000	1 116 000	1 837 000
Total Equity and Debt	5 254 000	5 002 000	4 239 000	4 891 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 979 000	5 762 000	6 258 000	6 591 000
Other Income	0	30 000	0	0
Revenue	5 979 000	5 792 000	6 258 000	6 591 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 437 000	2 851 000	2 844 000	3 219 000
Depreciation	345 000	271 000	216 000	207 000
Impairment	0	0	0	0
Expenditure	3 862 000	3 961 000	3 756 000	4 120 000
Operating Profit	1 000	410 000	851 000	323 000
Financial Income	17 000	16 000	18 000	15 000
Financial Costs	175 000	113 000	242 000	201 000
Financial Balance	−158 000	−97 000	−224 000	−186 000
Dividends	0	0	0	0
Net Income	−156 000	214 000	627 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 116 000	2 892 000	2 446 000	2 622 000
Machinery and Plant Facilities	419 000	287 000	342 000	276 000
Fixtures	0	0	0	0
Total Tangible Assets	3 535 000	3 179 000	2 788 000	2 898 000
Total Fiancial Fixed Assets	0	0	0	20 000
Total Fixed Assets	3 535 000	3 179 000	2 788 000	2 918 000
Stock	1 094 000	1 340 000	990 000	886 000
Total Investments	0	0	0	0
Cash, Bank	2 000	6 000	2 000	1 000
Total Current Assets	1 719 000	1 823 000	1 451 000	1 973 000
Total Assets	5 254 000	5 002 000	4 239 000	4 891 000
Total Equity	953 000	1 110 000	895 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 953 000	2 865 000	2 228 000	2 786 000
Creditors	159 000	110 000	114 000	903 000
Unpaid Taxes	208 000	240 000	145 000	260 000
Dividends	0	0	0	0
Other Current Debt	391 000	332 000	321 000	353 000
Total Current Debt	1 348 000	1 028 000	1 116 000	1 837 000
Total Equity and Debt	5 254 000	5 002 000	4 239 000	4 891 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,37 %	19,28 %	70,06 %	51,12 %
Debt-to-Equity Ratio	3,1	2,58	2,49	10,4
Operating Profit Margin	0,02 %	7,08 %	13,6 %	4,9 %
Current Ratio	1,28	1,77	1,3	1,07
Quick Ratio	6,77	−5,84	11,52	2,07
Equity Ratio	0,18	0,22	0,21	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %