ØRNHAUGEN BORETTSLAG

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

100,85 %

Current Ratio

3,1

Debt-to-Equity Ratio

−2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 801 000	1 613 000	1 524 000	1 248 000
Net Income	−6 200 000	459 000	−2 792 000	127 000
Total Assets	10 722 000	9 753 000	9 905 000	13 377 000
Total Equity	−6 148 000	52 000	−407 000	2 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 801 000	1 613 000	1 524 000	1 248 000
Expenditure	7 793 000	1 047 000	4 167 000	1 041 000
Operating Profit	−5 992 000	562 000	−2 643 000	206 000
Financial Income	61 000	3 000	16 000	12 000
Financial Costs	270 000	107 000	165 000	92 000
Financial Balance	−209 000	−104 000	−149 000	−80 000
Earnings Before Tax	−6 200 000	463 000	−2 792 000	127 000
Tax	0	0	0	0
Net Income	−6 200 000	459 000	−2 792 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 574 000	7 463 000	7 363 000	7 363 000
Total Current Assets	3 147 000	2 290 000	2 542 000	6 014 000
Total Assets	10 722 000	9 753 000	9 905 000	13 377 000
Total Retained Equity	−6 152 000	49 000	−410 000	2 382 000
Total Equity	−6 148 000	52 000	−407 000	2 385 000
Total Long-Term Debt	15 854 000	9 530 000	10 031 000	10 513 000
Total Current Debt	1 016 000	171 000	280 000	480 000
Total Equity and Debt	10 722 000	9 753 000	9 905 000	13 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 801 000	1 613 000	1 524 000	1 248 000
Revenue	1 801 000	1 613 000	1 524 000	1 248 000
Cost of Goods Sold	0	0	0	0
Salary Costs	45 000	34 000	34 000	25 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	7 793 000	1 047 000	4 167 000	1 041 000
Operating Profit	−5 992 000	562 000	−2 643 000	206 000
Financial Income	61 000	3 000	16 000	12 000
Financial Costs	270 000	107 000	165 000	92 000
Financial Balance	−209 000	−104 000	−149 000	−80 000
Dividends	0	0	0	0
Net Income	−6 200 000	459 000	−2 792 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 067 000	7 067 000	7 067 000	7 067 000
Machinery and Plant Facilities	508 000	396 000	296 000	296 000
Fixtures	0	0	0	0
Total Tangible Assets	7 574 000	7 463 000	7 363 000	7 363 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 574 000	7 463 000	7 363 000	7 363 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 809 000	2 119 000	2 335 000	5 849 000
Total Current Assets	3 147 000	2 290 000	2 542 000	6 014 000
Total Assets	10 722 000	9 753 000	9 905 000	13 377 000
Total Equity	−6 148 000	52 000	−407 000	2 385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 854 000	9 530 000	10 031 000	10 513 000
Creditors	978 000	143 000	194 000	393 000
Unpaid Taxes	0	0	10 000	0
Dividends	0	0	0	0
Other Current Debt	39 000	29 000	76 000	87 000
Total Current Debt	1 016 000	171 000	280 000	480 000
Total Equity and Debt	10 722 000	9 753 000	9 905 000	13 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,85 %	882,69 %	686 %	5,32 %
Debt-to-Equity Ratio	−2,58	183,27	−24,65	4,41
Operating Profit Margin	−332,7 %	34,84 %	−173,43 %	16,51 %
Current Ratio	3,1	13,39	9,08	12,53
Quick Ratio	3,1	13,39	9,08	12,53
Equity Ratio	−0,57	0,01	−0,04	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %