ØRDAL OG JENSENS LEGAT

5012 BERGEN

Finances

Share Ownership

Return on Equity

−14,88 %

Current Ratio

772,83

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	−509 000	488 000	367 000	584 000
Net Income	−678 000	372 000	247 000	505 000
Total Assets	4 637 000	5 444 000	5 213 000	5 115 000
Total Equity	4 556 000	5 234 000	5 063 000	4 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	−509 000	488 000	367 000	584 000
Expenditure	169 000	116 000	120 000	79 000
Operating Profit	−678 000	372 000	247 000	505 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−678 000	372 000	247 000	505 000
Tax	0	0	0	0
Net Income	−678 000	372 000	247 000	505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 637 000	5 444 000	5 213 000	5 115 000
Total Assets	4 637 000	5 444 000	5 213 000	5 115 000
Total Retained Equity	2 556 000	3 234 000	3 063 000	2 965 000
Total Equity	4 556 000	5 234 000	5 063 000	4 965 000
Total Long-Term Debt	75 000	200 000	150 000	150 000
Total Current Debt	6 000	10 000	0	0
Total Equity and Debt	4 637 000	5 444 000	5 213 000	5 115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	8 000	0
Other Income	−509 000	488 000	359 000	584 000
Revenue	−509 000	488 000	367 000	584 000
Cost of Goods Sold	75 000	0	0	0
Salary Costs	5 000	28 000	36 000	20 000
Depreciation	41 000	41 000	40 000	41 000
Impairment	0	0	0	0
Expenditure	169 000	116 000	120 000	79 000
Operating Profit	−678 000	372 000	247 000	505 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	200 000	150 000	150 000
Net Income	−678 000	372 000	247 000	505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	4 594 000	5 443 000	5 212 000	5 104 000
Cash, Bank	43 000	0	1 000	11 000
Total Current Assets	4 637 000	5 444 000	5 213 000	5 115 000
Total Assets	4 637 000	5 444 000	5 213 000	5 115 000
Total Equity	4 556 000	5 234 000	5 063 000	4 965 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	200 000	150 000	150 000
Creditors	6 000	9 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	200 000	150 000	150 000
Other Current Debt	0	1 000	0	0
Total Current Debt	6 000	10 000	0	0
Total Equity and Debt	4 637 000	5 444 000	5 213 000	5 115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,88 %	7,11 %	4,88 %	10,17 %
Debt-to-Equity Ratio	0,02	0,04	0,03	0,03
Operating Profit Margin	133,2 %	76,23 %	67,3 %	86,47 %
Current Ratio	772,83	544,4	-	-
Quick Ratio	772,83	544,4	-	-
Equity Ratio	0,98	0,96	0,97	0,97
Gross Profit Margin	114,73 %	100 %	100 %	100 %