ØVRE HAGAVEI AS

2170 FENSTAD

Finances

Share Ownership

Return on Equity

−1 %

Current Ratio

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 000	102 000	160 000	323 000
Net Income	−14 000	−16 000	40 000	172 000
Total Assets	2 721 000	2 735 000	2 970 000	3 021 000
Total Equity	1 394 000	1 408 000	1 424 000	1 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 000	102 000	160 000	323 000
Expenditure	119 000	122 000	107 000	94 000
Operating Profit	−18 000	−21 000	53 000	229 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	9 000
Financial Balance	0	0	−2 000	−9 000
Earnings Before Tax	−18 000	−21 000	51 000	220 000
Tax	−4 000	−5 000	11 000	48 000
Net Income	−14 000	−16 000	40 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 391 000	2 439 000	2 487 000	2 535 000
Total Current Assets	330 000	295 000	483 000	485 000
Total Assets	2 721 000	2 735 000	2 970 000	3 021 000
Total Retained Equity	1 294 000	1 308 000	1 324 000	1 284 000
Total Equity	1 394 000	1 408 000	1 424 000	1 384 000
Total Long-Term Debt	1 321 000	1 325 000	1 530 000	1 585 000
Total Current Debt	6 000	1 000	16 000	51 000
Total Equity and Debt	2 721 000	2 735 000	2 970 000	3 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	102 000	102 000	160 000	323 000
Revenue	102 000	102 000	160 000	323 000
Cost of Goods Sold	5 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	48 000	48 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	119 000	122 000	107 000	94 000
Operating Profit	−18 000	−21 000	53 000	229 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	9 000
Financial Balance	0	0	−2 000	−9 000
Dividends	0	0	0	0
Net Income	−14 000	−16 000	40 000	172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 391 000	2 439 000	2 487 000	2 535 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 391 000	2 439 000	2 487 000	2 535 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 391 000	2 439 000	2 487 000	2 535 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	282 000	471 000	474 000
Total Current Assets	330 000	295 000	483 000	485 000
Total Assets	2 721 000	2 735 000	2 970 000	3 021 000
Total Equity	1 394 000	1 408 000	1 424 000	1 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 321 000	1 325 000	1 530 000	1 585 000
Creditors	6 000	1 000	5 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	6 000	1 000	16 000	51 000
Total Equity and Debt	2 721 000	2 735 000	2 970 000	3 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 %	−1,14 %	2,81 %	12,43 %
Debt-to-Equity Ratio	0,95	0,94	1,07	1,15
Operating Profit Margin	−17,65 %	−20,59 %	33,13 %	70,9 %
Current Ratio	55	295	30,19	9,51
Quick Ratio	55	295	30,19	9,51
Equity Ratio	0,51	0,51	0,48	0,46
Gross Profit Margin	95,1 %	100 %	100 %	100 %