OLDERNES EIENDOM AS

9801 VADSØ

Finances

Share Ownership

Return on Equity

5,13 %

Current Ratio

9,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	880 000	880 000	880 000	880 000
Net Income	295 000	248 000	308 000	411 000
Total Assets	5 962 000	5 767 000	9 780 000	9 547 000
Total Equity	5 747 000	5 452 000	5 204 000	9 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	880 000	880 000	880 000	880 000
Expenditure	516 000	569 000	514 000	405 000
Operating Profit	364 000	311 000	366 000	475 000
Financial Income	15 000	6 000	29 000	52 000
Financial Costs	1 000	0	0	0
Financial Balance	14 000	6 000	29 000	52 000
Earnings Before Tax	379 000	318 000	395 000	527 000
Tax	83 000	70 000	87 000	116 000
Net Income	295 000	248 000	308 000	411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 092 000	4 501 000	4 917 000	5 104 000
Total Current Assets	1 870 000	1 266 000	4 863 000	4 443 000
Total Assets	5 962 000	5 767 000	9 780 000	9 547 000
Total Retained Equity	5 547 000	5 252 000	5 004 000	8 896 000
Total Equity	5 747 000	5 452 000	5 204 000	9 096 000
Total Long-Term Debt	26 000	97 000	174 000	250 000
Total Current Debt	189 000	218 000	4 402 000	201 000
Total Equity and Debt	5 962 000	5 767 000	9 780 000	9 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	880 000	880 000	880 000	880 000
Revenue	880 000	880 000	880 000	880 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	409 000	416 000	403 000	235 000
Impairment	0	0	0	0
Expenditure	516 000	569 000	514 000	405 000
Operating Profit	364 000	311 000	366 000	475 000
Financial Income	15 000	6 000	29 000	52 000
Financial Costs	1 000	0	0	0
Financial Balance	14 000	6 000	29 000	52 000
Dividends	0	0	4 200 000	0
Net Income	295 000	248 000	308 000	411 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 019 000	4 419 000	4 826 000	5 104 000
Machinery and Plant Facilities	73 000	82 000	91 000	0
Fixtures	0	0	0	0
Total Tangible Assets	4 092 000	4 501 000	4 917 000	5 104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 092 000	4 501 000	4 917 000	5 104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 849 000	1 245 000	4 845 000	4 415 000
Total Current Assets	1 870 000	1 266 000	4 863 000	4 443 000
Total Assets	5 962 000	5 767 000	9 780 000	9 547 000
Total Equity	5 747 000	5 452 000	5 204 000	9 096 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	97 000	174 000	250 000
Creditors	0	43 000	0	0
Unpaid Taxes	35 000	28 000	35 000	26 000
Dividends	0	0	4 200 000	0
Other Current Debt	0	0	5 000	5 000
Total Current Debt	189 000	218 000	4 402 000	201 000
Total Equity and Debt	5 962 000	5 767 000	9 780 000	9 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,13 %	4,55 %	5,92 %	4,52 %
Debt-to-Equity Ratio	0	0,02	0,03	0,03
Operating Profit Margin	41,36 %	35,34 %	41,59 %	53,98 %
Current Ratio	9,89	5,81	1,1	22,1
Quick Ratio	9,89	5,81	1,1	22,1
Equity Ratio	0,96	0,95	0,53	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %