ØLEVENT TRØNDELAG AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

570 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 056 000	598 000	0	0
Net Income	171 000	30 000	−75 000	−6 000
Total Assets	1 041 000	412 000	0	74 000
Total Equity	30 000	30 000	−51 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 056 000	598 000	0	0
Expenditure	2 837 000	562 000	47 000	6 000
Operating Profit	219 000	38 000	−47 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	28 000	1 000
Financial Balance	0	0	−28 000	−1 000
Earnings Before Tax	219 000	38 000	−75 000	−6 000
Tax	48 000	8 000	0	0
Net Income	171 000	30 000	−75 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	27 000
Total Current Assets	1 041 000	412 000	0	47 000
Total Assets	1 041 000	412 000	0	74 000
Total Retained Equity	−51 000	−51 000	−81 000	−6 000
Total Equity	30 000	30 000	−51 000	24 000
Total Long-Term Debt	0	0	50 000	50 000
Total Current Debt	1 011 000	382 000	2 000	1 000
Total Equity and Debt	1 041 000	412 000	0	74 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 056 000	598 000	0	0
Other Income	0	0	0	0
Revenue	3 056 000	598 000	0	0
Cost of Goods Sold	2 065 000	425 000	0	0
Salary Costs	483 000	24 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 837 000	562 000	47 000	6 000
Operating Profit	219 000	38 000	−47 000	−6 000
Financial Income	0	0	0	0
Financial Costs	0	0	28 000	1 000
Financial Balance	0	0	−28 000	−1 000
Dividends	0	0	0	0
Net Income	171 000	30 000	−75 000	−6 000

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	27 000
Total Fixed Assets	0	0	0	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	199 000	338 000	0	47 000
Total Current Assets	1 041 000	412 000	0	47 000
Total Assets	1 041 000	412 000	0	74 000
Total Equity	30 000	30 000	−51 000	24 000
Short-Term Group Debt	219 000	43 000	0	0
Total Long-Term Debt	0	0	50 000	50 000
Creditors	354 000	273 000	0	0
Unpaid Taxes	249 000	39 000	0	0
Dividends	0	0	0	0
Other Current Debt	189 000	21 000	2 000	1 000
Total Current Debt	1 011 000	382 000	2 000	1 000
Total Equity and Debt	1 041 000	412 000	0	74 000

Financial indicators	2022	2021	2020	2019
Return on Equity	570 %	100 %	147,06 %	−25 %
Debt-to-Equity Ratio	0	0	−0,98	2,08
Operating Profit Margin	7,17 %	6,35 %	-	-
Current Ratio	1,03	1,08	0	47
Quick Ratio	1,03	1,08	0	47
Equity Ratio	0,03	0,07	-	0,32
Gross Profit Margin	32,43 %	28,93 %	-	-