OVE HALVORSEN AS

2056 ALGARHEIM

Finances

Share Ownership

Return on Equity

−34,03 %

Current Ratio

0,9

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 417 000	2 478 000	2 297 000	2 159 000
Net Income	−65 000	214 000	49 000	−209 000
Total Assets	491 000	948 000	432 000	561 000
Total Equity	191 000	256 000	43 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 417 000	2 478 000	2 297 000	2 159 000
Expenditure	1 485 000	2 184 000	2 221 000	2 408 000
Operating Profit	−67 000	295 000	77 000	−248 000
Financial Income	0	0	0	0
Financial Costs	14 000	21 000	14 000	20 000
Financial Balance	−14 000	−21 000	−14 000	−20 000
Earnings Before Tax	−82 000	274 000	62 000	−268 000
Tax	−17 000	60 000	14 000	−59 000
Net Income	−65 000	214 000	49 000	−209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	536 000	228 000	334 000
Total Current Assets	81 000	412 000	204 000	227 000
Total Assets	491 000	948 000	432 000	561 000
Total Retained Equity	161 000	226 000	13 000	−36 000
Total Equity	191 000	256 000	43 000	−6 000
Total Long-Term Debt	210 000	335 000	179 000	255 000
Total Current Debt	90 000	357 000	210 000	312 000
Total Equity and Debt	491 000	948 000	432 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 417 000	2 281 000	2 297 000	2 159 000
Other Income	0	196 000	0	0
Revenue	1 417 000	2 478 000	2 297 000	2 159 000
Cost of Goods Sold	831 000	1 287 000	1 229 000	1 229 000
Salary Costs	257 000	470 000	621 000	622 000
Depreciation	126 000	124 000	92 000	92 000
Impairment	0	0	0	0
Expenditure	1 485 000	2 184 000	2 221 000	2 408 000
Operating Profit	−67 000	295 000	77 000	−248 000
Financial Income	0	0	0	0
Financial Costs	14 000	21 000	14 000	20 000
Financial Balance	−14 000	−21 000	−14 000	−20 000
Dividends	0	0	0	0
Net Income	−65 000	214 000	49 000	−209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	44 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	410 000	536 000	184 000	276 000
Total Tangible Assets	410 000	536 000	184 000	276 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	536 000	228 000	334 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	261 000	114 000	65 000
Total Current Assets	81 000	412 000	204 000	227 000
Total Assets	491 000	948 000	432 000	561 000
Total Equity	191 000	256 000	43 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	335 000	179 000	255 000
Creditors	25 000	202 000	75 000	78 000
Unpaid Taxes	14 000	93 000	70 000	116 000
Dividends	0	0	0	0
Other Current Debt	52 000	63 000	65 000	118 000
Total Current Debt	90 000	357 000	210 000	312 000
Total Equity and Debt	491 000	948 000	432 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,03 %	83,59 %	113,95 %	3 483,33 %
Debt-to-Equity Ratio	1,1	1,31	4,16	−42,5
Operating Profit Margin	−4,73 %	11,9 %	3,35 %	−11,49 %
Current Ratio	0,9	1,15	0,97	0,73
Quick Ratio	0,9	1,15	0,97	0,73
Equity Ratio	0,39	0,27	0,1	−0,01
Gross Profit Margin	41,35 %	48,06 %	46,5 %	43,08 %