ØVRE EIKER FJERNVARME AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

−2,28 %

Current Ratio

2,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 028 000	3 776 000	1 618 000	2 488 000
Net Income	−136 000	316 000	−773 000	−162 000
Total Assets	6 865 000	6 550 000	5 899 000	6 743 000
Total Equity	5 955 000	5 872 000	5 556 000	6 330 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 028 000	3 776 000	1 618 000	2 488 000
Expenditure	4 263 000	3 398 000	2 634 000	2 683 000
Operating Profit	−235 000	378 000	−1 017 000	−195 000
Financial Income	70 000	31 000	30 000	3 000
Financial Costs	10 000	4 000	5 000	16 000
Financial Balance	60 000	27 000	25 000	−13 000
Earnings Before Tax	−174 000	404 000	−991 000	−208 000
Tax	−38 000	89 000	−218 000	−46 000
Net Income	−136 000	316 000	−773 000	−162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 383 000	3 312 000	4 898 000	4 177 000
Total Current Assets	2 482 000	3 238 000	1 001 000	2 566 000
Total Assets	6 865 000	6 550 000	5 899 000	6 743 000
Total Retained Equity	4 636 000	0	0	0
Total Equity	5 955 000	5 872 000	5 556 000	6 330 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	910 000	678 000	343 000	413 000
Total Equity and Debt	6 865 000	6 550 000	5 899 000	6 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 028 000	3 776 000	1 618 000	2 488 000
Other Income	0	0	0	0
Revenue	4 028 000	3 776 000	1 618 000	2 488 000
Cost of Goods Sold	1 963 000	2 075 000	1 057 000	1 527 000
Salary Costs	0	0	0	0
Depreciation	524 000	497 000	497 000	497 000
Impairment	0	0	0	0
Expenditure	4 263 000	3 398 000	2 634 000	2 683 000
Operating Profit	−235 000	378 000	−1 017 000	−195 000
Financial Income	70 000	31 000	30 000	3 000
Financial Costs	10 000	4 000	5 000	16 000
Financial Balance	60 000	27 000	25 000	−13 000
Dividends	0	0	0	0
Net Income	−136 000	316 000	−773 000	−162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 309 000	1 333 000	1 422 000	1 204 000
Real Eastate	3 073 000	1 979 000	2 476 000	2 973 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 073 000	1 979 000	2 476 000	2 973 000
Total Fiancial Fixed Assets	0	0	1 000 000	0
Total Fixed Assets	4 383 000	3 312 000	4 898 000	4 177 000
Stock	39 000	38 000	46 000	65 000
Total Investments	0	0	0	0
Cash, Bank	583 000	1 204 000	659 000	1 786 000
Total Current Assets	2 482 000	3 238 000	1 001 000	2 566 000
Total Assets	6 865 000	6 550 000	5 899 000	6 743 000
Total Equity	5 955 000	5 872 000	5 556 000	6 330 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	745 000	352 000	274 000	355 000
Unpaid Taxes	0	58 000	0	0
Dividends	0	0	0	0
Other Current Debt	164 000	268 000	68 000	58 000
Total Current Debt	910 000	678 000	343 000	413 000
Total Equity and Debt	6 865 000	6 550 000	5 899 000	6 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,28 %	5,38 %	−13,91 %	−2,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,83 %	10,01 %	−62,86 %	−7,84 %
Current Ratio	2,73	4,78	2,92	6,21
Quick Ratio	2,85	5,06	3,37	7,37
Equity Ratio	0,87	0,9	0,94	0,94
Gross Profit Margin	51,27 %	45,05 %	34,67 %	38,63 %