ØRNES AS

3660 RJUKAN

Finances

Return on Equity

34,77 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	5 201 000	1 055 000	−1 535 000	−19 543 000
Total Assets	24 736 000	19 534 000	20 779 000	24 926 000
Total Equity	14 958 000	9 757 000	8 702 000	10 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	24 000	0	82 000	84 000
Operating Profit	−24 000	−26 000	−82 000	−84 000
Financial Income	5 225 000	2 728 000	744 000	891 000
Financial Costs	0	1 647 000	2 197 000	20 351 000
Financial Balance	5 225 000	1 081 000	−1 453 000	−19 460 000
Earnings Before Tax	5 201 000	1 055 000	−1 535 000	−19 543 000
Tax	0	0	0	0
Net Income	5 201 000	1 055 000	−1 535 000	−19 543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000 000	10 000 000	10 000 000	10 000 000
Total Current Assets	14 736 000	9 534 000	10 779 000	14 926 000
Total Assets	24 736 000	19 534 000	20 779 000	24 926 000
Total Retained Equity	6 257 000	1 055 000	0	0
Total Equity	14 958 000	9 757 000	8 702 000	10 237 000
Total Long-Term Debt	9 777 000	9 777 000	12 078 000	13 859 000
Total Current Debt	0	0	0	830 000
Total Equity and Debt	24 736 000	19 534 000	20 779 000	24 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	24 000	0	82 000	84 000
Operating Profit	−24 000	−26 000	−82 000	−84 000
Financial Income	5 225 000	2 728 000	744 000	891 000
Financial Costs	0	1 647 000	2 197 000	20 351 000
Financial Balance	5 225 000	1 081 000	−1 453 000	−19 460 000
Dividends	0	0	0	830 000
Net Income	5 201 000	1 055 000	−1 535 000	−19 543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000 000	10 000 000	10 000 000	10 000 000
Total Fixed Assets	10 000 000	10 000 000	10 000 000	10 000 000
Stock	0	0	0	0
Total Investments	12 323 000	7 641 000	9 288 000	11 266 000
Cash, Bank	1 862 000	743 000	341 000	1 681 000
Total Current Assets	14 736 000	9 534 000	10 779 000	14 926 000
Total Assets	24 736 000	19 534 000	20 779 000	24 926 000
Total Equity	14 958 000	9 757 000	8 702 000	10 237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 777 000	9 777 000	12 078 000	13 859 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	830 000
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	830 000
Total Equity and Debt	24 736 000	19 534 000	20 779 000	24 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,77 %	10,81 %	−17,64 %	−190,91 %
Debt-to-Equity Ratio	0,65	1	1,39	1,35
Operating Profit Margin	-	-	-	-
Current Ratio	-	-	-	17,98
Quick Ratio	-	-	-	17,98
Equity Ratio	0,6	0,5	0,42	0,41
Gross Profit Margin	-	-	-	-