ORMEN LANGE AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

6,21 %

Current Ratio

1,75

Debt-to-Equity Ratio

3,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 812 000	934 000	1 118 000	2 486 000
Net Income	595 000	−213 000	−421 000	552 000
Total Assets	48 581 000	43 924 000	42 371 000	40 150 000
Total Equity	9 577 000	8 982 000	9 195 000	9 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 812 000	934 000	1 118 000	2 486 000
Expenditure	471 000	76 000	585 000	568 000
Operating Profit	2 341 000	858 000	533 000	1 918 000
Financial Income	0	0	0	0
Financial Costs	1 578 000	1 131 000	1 072 000	1 210 000
Financial Balance	−1 578 000	−1 131 000	−1 072 000	−1 210 000
Earnings Before Tax	763 000	−273 000	−540 000	707 000
Tax	168 000	−60 000	−119 000	156 000
Net Income	595 000	−213 000	−421 000	552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 261 000	43 922 000	42 209 000	39 671 000
Total Current Assets	3 319 000	2 000	162 000	479 000
Total Assets	48 581 000	43 924 000	42 371 000	40 150 000
Total Retained Equity	9 313 000	8 718 000	8 931 000	9 352 000
Total Equity	9 577 000	8 982 000	9 195 000	9 616 000
Total Long-Term Debt	37 110 000	34 164 000	32 589 000	30 533 000
Total Current Debt	1 894 000	778 000	587 000	0
Total Equity and Debt	48 581 000	43 924 000	42 371 000	40 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	934 000	0	2 486 000
Other Income	2 812 000	0	1 118 000	0
Revenue	2 812 000	934 000	1 118 000	2 486 000
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	471 000	76 000	585 000	568 000
Operating Profit	2 341 000	858 000	533 000	1 918 000
Financial Income	0	0	0	0
Financial Costs	1 578 000	1 131 000	1 072 000	1 210 000
Financial Balance	−1 578 000	−1 131 000	−1 072 000	−1 210 000
Dividends	0	0	0	0
Net Income	595 000	−213 000	−421 000	552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	387 000	555 000	495 000	376 000
Real Eastate	44 875 000	21 582 000	21 735 000	21 896 000
Machinery and Plant Facilities	0	21 785 000	19 979 000	17 399 000
Fixtures	0	0	0	0
Total Tangible Assets	44 875 000	43 367 000	41 714 000	39 295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 261 000	43 922 000	42 209 000	39 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 216 000	0	0	0
Total Current Assets	3 319 000	2 000	162 000	479 000
Total Assets	48 581 000	43 924 000	42 371 000	40 150 000
Total Equity	9 577 000	8 982 000	9 195 000	9 616 000
Short-Term Group Debt	1 120 000	0	0	0
Total Long-Term Debt	37 110 000	34 164 000	32 589 000	30 533 000
Creditors	252 000	778 000	587 000	0
Unpaid Taxes	469 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	53 000	0	0	0
Total Current Debt	1 894 000	778 000	587 000	0
Total Equity and Debt	48 581 000	43 924 000	42 371 000	40 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,21 %	−2,37 %	−4,58 %	5,74 %
Debt-to-Equity Ratio	3,87	3,8	3,54	3,18
Operating Profit Margin	83,25 %	91,86 %	47,67 %	77,15 %
Current Ratio	1,75	0	0,28	-
Quick Ratio	1,75	0	0,28	-
Equity Ratio	0,2	0,2	0,22	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %