ØRNEN AS

3212 SANDEFJORD

Finances

Share Ownership

Return on Equity

9,34 %

Current Ratio

3,72

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 435 000	2 271 000	2 269 000	2 266 000
Net Income	1 250 000	538 000	1 212 000	1 079 000
Total Assets	15 060 000	14 192 000	14 411 000	14 232 000
Total Equity	13 383 000	12 133 000	11 596 000	10 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 435 000	2 271 000	2 269 000	2 266 000
Expenditure	811 000	1 545 000	657 000	767 000
Operating Profit	1 623 000	725 000	1 612 000	1 498 000
Financial Income	28 000	2 000	3 000	5 000
Financial Costs	49 000	38 000	60 000	119 000
Financial Balance	−21 000	−36 000	−57 000	−114 000
Earnings Before Tax	1 602 000	689 000	1 554 000	1 384 000
Tax	352 000	152 000	342 000	305 000
Net Income	1 250 000	538 000	1 212 000	1 079 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 423 000	13 632 000	13 840 000	14 048 000
Total Current Assets	1 636 000	560 000	572 000	184 000
Total Assets	15 060 000	14 192 000	14 411 000	14 232 000
Total Retained Equity	6 333 000	5 083 000	4 546 000	3 334 000
Total Equity	13 383 000	12 133 000	11 596 000	10 384 000
Total Long-Term Debt	1 237 000	1 842 000	2 445 000	3 067 000
Total Current Debt	440 000	216 000	371 000	781 000
Total Equity and Debt	15 060 000	14 192 000	14 411 000	14 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 435 000	2 271 000	2 269 000	2 266 000
Revenue	2 435 000	2 271 000	2 269 000	2 266 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	208 000	208 000	208 000	208 000
Impairment	0	0	0	0
Expenditure	811 000	1 545 000	657 000	767 000
Operating Profit	1 623 000	725 000	1 612 000	1 498 000
Financial Income	28 000	2 000	3 000	5 000
Financial Costs	49 000	38 000	60 000	119 000
Financial Balance	−21 000	−36 000	−57 000	−114 000
Dividends	0	0	0	0
Net Income	1 250 000	538 000	1 212 000	1 079 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 423 000	13 632 000	13 840 000	14 048 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 423 000	13 632 000	13 840 000	14 048 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 423 000	13 632 000	13 840 000	14 048 000
Stock	4 000	4 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	1 597 000	501 000	562 000	170 000
Total Current Assets	1 636 000	560 000	572 000	184 000
Total Assets	15 060 000	14 192 000	14 411 000	14 232 000
Total Equity	13 383 000	12 133 000	11 596 000	10 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 237 000	1 842 000	2 445 000	3 067 000
Creditors	45 000	27 000	29 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	38 000	34 000	0	474 000
Total Current Debt	440 000	216 000	371 000	781 000
Total Equity and Debt	15 060 000	14 192 000	14 411 000	14 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,34 %	4,43 %	10,45 %	10,39 %
Debt-to-Equity Ratio	0,09	0,15	0,21	0,3
Operating Profit Margin	66,65 %	31,92 %	71,04 %	66,11 %
Current Ratio	3,72	2,59	1,54	0,24
Quick Ratio	3,75	2,64	1,56	0,24
Equity Ratio	0,89	0,85	0,8	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %