ORMEN LANGESV. 12 AS

7061 TRONDHEIM

Finances

Share Ownership

Return on Equity

72,5 %

Current Ratio

7,72

Debt-to-Equity Ratio

12,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 657 000	2 092 000	1 882 000	1 833 000
Net Income	667 000	399 000	254 000	122 000
Total Assets	12 919 000	12 543 000	12 249 000	12 010 000
Total Equity	920 000	253 000	−145 000	−400 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 657 000	2 092 000	1 882 000	1 833 000
Expenditure	1 390 000	1 355 000	1 274 000	1 297 000
Operating Profit	1 267 000	737 000	608 000	536 000
Financial Income	6 000	0	1 000	2 000
Financial Costs	418 000	226 000	283 000	381 000
Financial Balance	−412 000	−226 000	−282 000	−379 000
Earnings Before Tax	855 000	511 000	326 000	157 000
Tax	188 000	112 000	72 000	34 000
Net Income	667 000	399 000	254 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 567 000	9 845 000	9 906 000	10 100 000
Total Current Assets	3 352 000	2 698 000	2 343 000	1 910 000
Total Assets	12 919 000	12 543 000	12 249 000	12 010 000
Total Retained Equity	820 000	153 000	−245 000	−500 000
Total Equity	920 000	253 000	−145 000	−400 000
Total Long-Term Debt	11 565 000	11 738 000	12 039 000	12 162 000
Total Current Debt	434 000	552 000	355 000	248 000
Total Equity and Debt	12 919 000	12 543 000	12 249 000	12 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 657 000	2 092 000	1 882 000	1 833 000
Revenue	2 657 000	2 092 000	1 882 000	1 833 000
Cost of Goods Sold	1 000	0	33 000	115 000
Salary Costs	0	0	0	0
Depreciation	278 000	285 000	290 000	298 000
Impairment	0	0	0	0
Expenditure	1 390 000	1 355 000	1 274 000	1 297 000
Operating Profit	1 267 000	737 000	608 000	536 000
Financial Income	6 000	0	1 000	2 000
Financial Costs	418 000	226 000	283 000	381 000
Financial Balance	−412 000	−226 000	−282 000	−379 000
Dividends	0	0	0	0
Net Income	667 000	399 000	254 000	122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	72 000	143 000
Real Eastate	9 567 000	9 845 000	9 834 000	9 957 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 567 000	9 845 000	9 834 000	9 957 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 567 000	9 845 000	9 906 000	10 100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 292 000	2 594 000	2 268 000	1 756 000
Total Current Assets	3 352 000	2 698 000	2 343 000	1 910 000
Total Assets	12 919 000	12 543 000	12 249 000	12 010 000
Total Equity	920 000	253 000	−145 000	−400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 565 000	11 738 000	12 039 000	12 162 000
Creditors	201 000	494 000	238 000	78 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	233 000	58 000	117 000	170 000
Total Current Debt	434 000	552 000	355 000	248 000
Total Equity and Debt	12 919 000	12 543 000	12 249 000	12 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,5 %	157,71 %	−175,17 %	−30,5 %
Debt-to-Equity Ratio	12,57	46,4	−83,03	−30,41
Operating Profit Margin	47,69 %	35,23 %	32,31 %	29,24 %
Current Ratio	7,72	4,89	6,6	7,7
Quick Ratio	7,72	4,89	6,6	7,7
Equity Ratio	0,07	0,02	−0,01	−0,03
Gross Profit Margin	99,96 %	100 %	98,25 %	93,73 %