ØRNFJELL BORETTSLAG

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

13,85 %

Current Ratio

7,68

Debt-to-Equity Ratio

2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 206 000	1 178 000	1 141 000	1 050 000
Net Income	385 000	435 000	8 000	−1 687 000
Total Assets	10 978 000	10 793 000	10 742 000	10 739 000
Total Equity	2 779 000	2 394 000	1 959 000	1 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 206 000	1 178 000	1 141 000	1 050 000
Expenditure	693 000	635 000	1 013 000	2 615 000
Operating Profit	514 000	540 000	128 000	−1 565 000
Financial Income	7 000	1 000	3 000	30 000
Financial Costs	136 000	106 000	123 000	152 000
Financial Balance	−129 000	−105 000	−120 000	−122 000
Earnings Before Tax	385 000	438 000	8 000	−1 687 000
Tax	0	0	0	0
Net Income	385 000	435 000	8 000	−1 687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 241 000	10 241 000	10 241 000	8 787 000
Total Current Assets	737 000	553 000	501 000	1 952 000
Total Assets	10 978 000	10 793 000	10 742 000	10 739 000
Total Retained Equity	2 777 000	2 392 000	1 957 000	1 949 000
Total Equity	2 779 000	2 394 000	1 959 000	1 951 000
Total Long-Term Debt	8 103 000	8 324 000	8 681 000	8 262 000
Total Current Debt	96 000	76 000	101 000	526 000
Total Equity and Debt	10 978 000	10 793 000	10 742 000	10 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 206 000	1 178 000	1 141 000	1 050 000
Revenue	1 206 000	1 178 000	1 141 000	1 050 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 000	21 000	21 000	21 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	693 000	635 000	1 013 000	2 615 000
Operating Profit	514 000	540 000	128 000	−1 565 000
Financial Income	7 000	1 000	3 000	30 000
Financial Costs	136 000	106 000	123 000	152 000
Financial Balance	−129 000	−105 000	−120 000	−122 000
Dividends	0	0	0	0
Net Income	385 000	435 000	8 000	−1 687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 241 000	10 241 000	10 241 000	8 787 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 241 000	10 241 000	10 241 000	8 787 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 241 000	10 241 000	10 241 000	8 787 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	661 000	479 000	406 000	1 886 000
Total Current Assets	737 000	553 000	501 000	1 952 000
Total Assets	10 978 000	10 793 000	10 742 000	10 739 000
Total Equity	2 779 000	2 394 000	1 959 000	1 951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 103 000	8 324 000	8 681 000	8 262 000
Creditors	79 000	75 000	97 000	513 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	0	5 000	13 000
Total Current Debt	96 000	76 000	101 000	526 000
Total Equity and Debt	10 978 000	10 793 000	10 742 000	10 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,85 %	18,17 %	0,41 %	−86,47 %
Debt-to-Equity Ratio	2,92	3,48	4,43	4,23
Operating Profit Margin	42,62 %	45,84 %	11,22 %	−149,05 %
Current Ratio	7,68	7,28	4,96	3,71
Quick Ratio	7,68	7,28	4,96	3,71
Equity Ratio	0,25	0,22	0,18	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %