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
NOK 400.29m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 180.07m |
| Equity | NOK 364.62m |
| Total liabilities | NOK 663.22m |
| Total assets | NOK 1.03b |
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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/10 01:44 |
| End of Day Share Price | 2022/08/01 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ørn Software Holding AS is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fridtjof Fredricsson | Pareto Securities |