ØRN SOFTWARE AS

7053 RANHEIM

Finances

Return on Equity

−27,62 %

Current Ratio

0,6

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 943 000	89 098 000	72 668 000	67 681 000
Net Income	−86 135 000	−19 302 000	−3 938 000	−2 484 000
Total Assets	874 550 000	780 331 000	207 968 000	66 660 000
Total Equity	311 904 000	329 561 000	38 071 000	35 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 943 000	89 098 000	72 668 000	67 681 000
Expenditure	160 049 000	116 029 000	75 778 000	67 281 000
Operating Profit	−62 105 000	−26 930 000	−3 110 000	400 000
Financial Income	75 160 000	41 645 000	779 000	243 000
Financial Costs	115 743 000	43 176 000	3 436 000	1 316 000
Financial Balance	−40 583 000	−1 531 000	−2 657 000	−1 073 000
Earnings Before Tax	−102 688 000	−28 460 000	−5 767 000	−672 000
Tax	−16 553 000	−9 158 000	−1 829 000	1 812 000
Net Income	−86 135 000	−19 302 000	−3 938 000	−2 484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	545 102 000	547 242 000	181 616 000	59 669 000
Total Current Assets	329 448 000	233 089 000	26 352 000	6 991 000
Total Assets	874 550 000	780 331 000	207 968 000	66 660 000
Total Retained Equity	−100 302 000	−35 646 000	−32 746 000	−30 171 000
Total Equity	311 904 000	329 561 000	38 071 000	35 004 000
Total Long-Term Debt	11 247 000	406 343 000	118 176 000	13 712 000
Total Current Debt	551 399 000	44 427 000	51 721 000	17 943 000
Total Equity and Debt	874 550 000	780 331 000	207 968 000	66 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 936 000	89 027 000	72 443 000	66 418 000
Other Income	7 000	71 000	225 000	1 263 000
Revenue	97 943 000	89 098 000	72 668 000	67 681 000
Cost of Goods Sold	11 717 000	8 000 000	6 106 000	5 341 000
Salary Costs	74 680 000	51 956 000	35 684 000	32 232 000
Depreciation	34 001 000	25 346 000	18 899 000	15 976 000
Impairment	6 361 000	313 000	0	969 000
Expenditure	160 049 000	116 029 000	75 778 000	67 281 000
Operating Profit	−62 105 000	−26 930 000	−3 110 000	400 000
Financial Income	75 160 000	41 645 000	779 000	243 000
Financial Costs	115 743 000	43 176 000	3 436 000	1 316 000
Financial Balance	−40 583 000	−1 531 000	−2 657 000	−1 073 000
Dividends	0	0	0	0
Net Income	−86 135 000	−19 302 000	−3 938 000	−2 484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 403 000	21 104 000	16 964 000	5 940 000
Total Intangible Assets	122 107 000	114 216 000	71 762 000	58 071 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 613 000	845 000	1 559 000	1 317 000
Total Tangible Assets	1 613 000	845 000	1 559 000	1 317 000
Total Fiancial Fixed Assets	421 381 000	432 181 000	108 294 000	280 000
Total Fixed Assets	545 102 000	547 242 000	181 616 000	59 669 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 595 000	43 816 000	19 967 000	2 295 000
Total Current Assets	329 448 000	233 089 000	26 352 000	6 991 000
Total Assets	874 550 000	780 331 000	207 968 000	66 660 000
Total Equity	311 904 000	329 561 000	38 071 000	35 004 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 247 000	406 343 000	118 176 000	13 712 000
Creditors	14 221 000	5 970 000	4 577 000	3 905 000
Unpaid Taxes	4 100 000	5 202 000	4 233 000	3 142 000
Dividends	0	0	0	0
Other Current Debt	533 078 000	33 254 000	42 910 000	6 989 000
Total Current Debt	551 399 000	44 427 000	51 721 000	17 943 000
Total Equity and Debt	874 550 000	780 331 000	207 968 000	66 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,62 %	−5,86 %	−10,34 %	−7,1 %
Debt-to-Equity Ratio	0,04	1,23	3,1	0,39
Operating Profit Margin	−63,41 %	−30,23 %	−4,28 %	0,59 %
Current Ratio	0,6	5,25	0,51	0,39
Quick Ratio	0,6	5,25	0,51	0,39
Equity Ratio	0,36	0,42	0,18	0,53
Gross Profit Margin	88,04 %	91,02 %	91,6 %	92,11 %