Ørn Software Holding Balance Sheet Health
Financial Health criteria checks 2/6
Ørn Software Holding has a total shareholder equity of NOK364.6M and total debt of NOK400.3M, which brings its debt-to-equity ratio to 109.8%. Its total assets and total liabilities are NOK1.0B and NOK663.2M respectively.
Key information
109.8%
Debt to equity ratio
kr400.29m
Debt
| Interest coverage ratio | n/a |
| Cash | kr180.07m |
| Equity | kr364.62m |
| Total liabilities | kr663.22m |
| Total assets | kr1.03b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORN's short term assets (NOK214.2M) exceed its short term liabilities (NOK173.7M).
Long Term Liabilities: ORN's short term assets (NOK214.2M) do not cover its long term liabilities (NOK489.5M).
Debt to Equity History and Analysis
Debt Level: ORN's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: Insufficient data to determine if ORN's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ORN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ORN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.