ØRNES EIENDOM AS

8150 ØRNES

Finances

Share Ownership

Return on Equity

26,32 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	510 000	502 000	462 000	460 000
Net Income	255 000	286 000	65 000	181 000
Total Assets	1 244 000	1 203 000	1 247 000	1 273 000
Total Equity	969 000	1 114 000	1 029 000	1 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	510 000	502 000	462 000	460 000
Expenditure	183 000	136 000	379 000	229 000
Operating Profit	327 000	366 000	83 000	231 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	327 000	366 000	83 000	232 000
Tax	72 000	81 000	18 000	51 000
Net Income	255 000	286 000	65 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	896 000	896 000	896 000	896 000
Total Current Assets	347 000	306 000	350 000	377 000
Total Assets	1 244 000	1 203 000	1 247 000	1 273 000
Total Retained Equity	869 000	1 014 000	929 000	1 064 000
Total Equity	969 000	1 114 000	1 029 000	1 164 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	275 000	88 000	218 000	109 000
Total Equity and Debt	1 244 000	1 203 000	1 247 000	1 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	510 000	502 000	462 000	460 000
Revenue	510 000	502 000	462 000	460 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	183 000	136 000	379 000	229 000
Operating Profit	327 000	366 000	83 000	231 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	200 000	0	200 000	50 000
Net Income	255 000	286 000	65 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	896 000	896 000	896 000	896 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	896 000	896 000	896 000	896 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	896 000	896 000	896 000	896 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	342 000	300 000	348 000	376 000
Total Current Assets	347 000	306 000	350 000	377 000
Total Assets	1 244 000	1 203 000	1 247 000	1 273 000
Total Equity	969 000	1 114 000	1 029 000	1 164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	200 000	0	200 000	50 000
Other Current Debt	3 000	8 000	0	8 000
Total Current Debt	275 000	88 000	218 000	109 000
Total Equity and Debt	1 244 000	1 203 000	1 247 000	1 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,32 %	25,67 %	6,32 %	15,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	64,12 %	72,91 %	17,97 %	50,22 %
Current Ratio	1,26	3,48	1,61	3,46
Quick Ratio	1,26	3,48	1,61	3,46
Equity Ratio	0,78	0,93	0,83	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %