ØRNEHAUGEN AS

6429 MOLDE

Finances

Share Ownership

Return on Equity

3,8 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 030 000	960 000	600 000	2 080 000
Net Income	255 000	−315 000	−527 000	−626 000
Total Assets	18 888 000	19 952 000	20 822 000	19 310 000
Total Equity	6 707 000	6 452 000	6 767 000	7 294 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 030 000	960 000	600 000	2 080 000
Expenditure	6 498 000	998 000	835 000	2 435 000
Operating Profit	532 000	−38 000	−235 000	−356 000
Financial Income	0	0	0	0
Financial Costs	277 000	276 000	293 000	270 000
Financial Balance	−277 000	−276 000	−293 000	−270 000
Earnings Before Tax	255 000	−315 000	−527 000	−626 000
Tax	0	0	0	0
Net Income	255 000	−315 000	−527 000	−626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	18 888 000	19 952 000	20 822 000	19 310 000
Total Assets	18 888 000	19 952 000	20 822 000	19 310 000
Total Retained Equity	−1 323 000	−1 578 000	−1 263 000	−736 000
Total Equity	6 707 000	6 452 000	6 767 000	7 294 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 181 000	13 500 000	14 056 000	12 016 000
Total Equity and Debt	18 888 000	19 952 000	20 822 000	19 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 030 000	960 000	600 000	2 080 000
Other Income	0	0	0	0
Revenue	7 030 000	960 000	600 000	2 080 000
Cost of Goods Sold	6 118 000	825 000	644 000	2 270 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 498 000	998 000	835 000	2 435 000
Operating Profit	532 000	−38 000	−235 000	−356 000
Financial Income	0	0	0	0
Financial Costs	277 000	276 000	293 000	270 000
Financial Balance	−277 000	−276 000	−293 000	−270 000
Dividends	0	0	0	0
Net Income	255 000	−315 000	−527 000	−626 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	14 084 000	19 665 000	20 490 000	19 001 000
Total Investments	0	0	0	0
Cash, Bank	7 000	17 000	70 000	61 000
Total Current Assets	18 888 000	19 952 000	20 822 000	19 310 000
Total Assets	18 888 000	19 952 000	20 822 000	19 310 000
Total Equity	6 707 000	6 452 000	6 767 000	7 294 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	80 000	80 000	80 000	80 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 650 000	7 450 000	7 050 000	4 452 000
Total Current Debt	12 181 000	13 500 000	14 056 000	12 016 000
Total Equity and Debt	18 888 000	19 952 000	20 822 000	19 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,8 %	−4,88 %	−7,79 %	−8,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,57 %	−3,96 %	−39,17 %	−17,12 %
Current Ratio	1,55	1,48	1,48	1,61
Quick Ratio	−9,93	−3,24	−3,24	−2,76
Equity Ratio	0,36	0,32	0,32	0,38
Gross Profit Margin	12,97 %	14,06 %	−7,33 %	−9,13 %