ØRLAND SPAREBANK

7130 BREKSTAD

Finances

Return on Equity

6,07 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 995 000	89 397 000	87 103 000	96 450 000
Net Income	36 535 000	23 029 000	26 955 000	31 803 000
Total Assets	4 205 135 000	3 978 490 000	3 591 924 000	3 473 085 000
Total Equity	601 513 000	567 104 000	546 375 000	507 851 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 995 000	89 397 000	87 103 000	96 450 000
Expenditure	59 401 000	61 938 000	55 585 000	50 762 000
Operating Profit	37 234 000	30 783 000	35 644 000	45 688 000
Financial Income	0	0	0	0
Financial Costs	−2 425 000	615 000	5 112 000	3 750 000
Financial Balance	2 425 000	−615 000	−5 112 000	−3 750 000
Earnings Before Tax	39 659 000	30 168 000	30 532 000	41 938 000
Tax	−9 234 000	−6 725 000	−6 798 000	10 135 000
Net Income	36 535 000	23 029 000	26 955 000	31 803 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 245 000	161 232 000	215 505 000	242 292 000
Total Current Assets	4 012 358 000	3 808 962 000	3 369 388 000	3 230 793 000
Total Assets	4 205 135 000	3 978 490 000	3 591 924 000	3 473 085 000
Total Retained Equity	561 305 000	526 896 000	506 167 000	467 643 000
Total Equity	601 513 000	567 104 000	546 375 000	507 851 000
Total Long-Term Debt	22 652 000	26 126 000	29 351 000	14 150 000
Total Current Debt	3 564 908 000	3 371 712 000	3 004 519 000	2 951 084 000
Total Equity and Debt	4 205 135 000	3 978 490 000	3 591 924 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	93 995 000	89 397 000	87 103 000	96 450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 414 000	30 519 000	25 676 000	27 240 000
Depreciation	2 970 000	2 945 000	2 871 000	2 705 000
Impairment	0	0	0	0
Expenditure	59 401 000	61 938 000	55 585 000	50 762 000
Operating Profit	37 234 000	30 783 000	35 644 000	45 688 000
Financial Income	0	0	0	0
Financial Costs	−2 425 000	615 000	5 112 000	3 750 000
Financial Balance	2 425 000	−615 000	−5 112 000	−3 750 000
Dividends	0	0	0	0
Net Income	36 535 000	23 029 000	26 955 000	31 803 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 585 000
Real Eastate	0	0	0	59 291 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	660 000
Total Tangible Assets	55 585 000	57 493 000	59 035 000	59 951 000
Total Fiancial Fixed Assets	128 660 000	103 739 000	156 470 000	178 756 000
Total Fixed Assets	184 245 000	161 232 000	215 505 000	242 292 000
Stock	0	0	0	0
Total Investments	398 787 000	395 499 000	334 565 000	310 447 000
Cash, Bank	0	0	0	0
Total Current Assets	4 012 358 000	3 808 962 000	3 369 388 000	3 230 793 000
Total Assets	4 205 135 000	3 978 490 000	3 591 924 000	3 473 085 000
Total Equity	601 513 000	567 104 000	546 375 000	507 851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 652 000	26 126 000	29 351 000	14 150 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 427 990 000	3 233 020 000	2 844 502 000	2 829 526 000
Total Current Debt	3 564 908 000	3 371 712 000	3 004 519 000	2 951 084 000
Total Equity and Debt	4 205 135 000	3 978 490 000	3 591 924 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	6,07 %	4,06 %	4,93 %	6,26 %
Debt-to-Equity Ratio	0,04	0,05	0,05	0,03
Operating Profit Margin	39,61 %	34,43 %	40,92 %	47,37 %
Current Ratio	1,13	1,13	1,12	1,09
Quick Ratio	1,13	1,13	1,12	1,09
Equity Ratio	0,14	0,14	0,15	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %