ORKLAND ENERGI VARME AS

7320 FANNREM

Finances

Share Ownership

Return on Equity

9,25 %

Current Ratio

0,58

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 348 000	20 078 000	9 230 000	10 780 000
Net Income	4 070 000	2 309 000	−79 000	1 774 000
Total Assets	118 316 000	103 271 000	101 915 000	41 482 000
Total Equity	44 005 000	39 935 000	37 626 000	35 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 348 000	20 078 000	9 230 000	10 780 000
Expenditure	20 480 000	15 970 000	8 281 000	8 561 000
Operating Profit	6 868 000	4 108 000	949 000	2 218 000
Financial Income	50 000	10 000	8 000	67 000
Financial Costs	1 680 000	1 146 000	1 045 000	2 000
Financial Balance	−1 630 000	−1 136 000	−1 037 000	65 000
Earnings Before Tax	5 238 000	2 972 000	−88 000	2 283 000
Tax	1 168 000	663 000	−10 000	509 000
Net Income	4 070 000	2 309 000	−79 000	1 774 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 227 000	94 929 000	89 014 000	38 000 000
Total Current Assets	15 088 000	8 343 000	12 902 000	3 483 000
Total Assets	118 316 000	103 271 000	101 915 000	41 482 000
Total Retained Equity	10 453 000	6 383 000	4 074 000	1 774 000
Total Equity	44 005 000	39 935 000	37 626 000	35 326 000
Total Long-Term Debt	48 217 000	30 438 000	31 235 000	1 095 000
Total Current Debt	26 094 000	32 898 000	33 055 000	5 062 000
Total Equity and Debt	118 316 000	103 271 000	101 915 000	41 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 730 000	19 504 000	8 868 000	10 427 000
Other Income	617 000	573 000	362 000	352 000
Revenue	27 348 000	20 078 000	9 230 000	10 780 000
Cost of Goods Sold	11 033 000	7 502 000	3 266 000	3 243 000
Salary Costs	2 001 000	1 687 000	940 000	1 303 000
Depreciation	4 472 000	3 796 000	1 678 000	1 421 000
Impairment	0	0	0	0
Expenditure	20 480 000	15 970 000	8 281 000	8 561 000
Operating Profit	6 868 000	4 108 000	949 000	2 218 000
Financial Income	50 000	10 000	8 000	67 000
Financial Costs	1 680 000	1 146 000	1 045 000	2 000
Financial Balance	−1 630 000	−1 136 000	−1 037 000	65 000
Dividends	0	0	0	0
Net Income	4 070 000	2 309 000	−79 000	1 774 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	71 000	71 000	71 000
Real Eastate	3 803 000	3 882 000	3 961 000	800 000
Machinery and Plant Facilities	85 807 000	87 237 000	77 017 000	30 559 000
Fixtures	68 000	53 000	68 000	0
Total Tangible Assets	103 156 000	94 857 000	88 943 000	37 929 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	103 227 000	94 929 000	89 014 000	38 000 000
Stock	259 000	293 000	611 000	0
Total Investments	0	0	0	0
Cash, Bank	2 370 000	1 348 000	1 714 000	75 000
Total Current Assets	15 088 000	8 343 000	12 902 000	3 483 000
Total Assets	118 316 000	103 271 000	101 915 000	41 482 000
Total Equity	44 005 000	39 935 000	37 626 000	35 326 000
Short-Term Group Debt	17 061 000	23 737 000	30 416 000	314 000
Total Long-Term Debt	48 217 000	30 438 000	31 235 000	1 095 000
Creditors	938 000	6 427 000	1 966 000	3 271 000
Unpaid Taxes	492 000	130 000	82 000	117 000
Dividends	0	0	0	0
Other Current Debt	7 603 000	2 604 000	591 000	1 361 000
Total Current Debt	26 094 000	32 898 000	33 055 000	5 062 000
Total Equity and Debt	118 316 000	103 271 000	101 915 000	41 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,25 %	5,78 %	−0,21 %	5,02 %
Debt-to-Equity Ratio	1,1	0,76	0,83	0,03
Operating Profit Margin	25,11 %	20,46 %	10,28 %	20,58 %
Current Ratio	0,58	0,25	0,39	0,69
Quick Ratio	0,58	0,26	0,4	0,69
Equity Ratio	0,37	0,39	0,37	0,85
Gross Profit Margin	59,66 %	62,64 %	64,62 %	69,92 %