ØVRE FLATÅSVEI 4B AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

22,55 %

Current Ratio

0,06

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 681 000	1 574 000	1 597 000	1 503 000
Net Income	535 000	593 000	645 000	282 000
Total Assets	7 489 000	9 319 000	9 222 000	8 688 000
Total Equity	2 373 000	2 450 000	2 518 000	2 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 681 000	1 574 000	1 597 000	1 503 000
Expenditure	836 000	761 000	624 000	924 000
Operating Profit	845 000	813 000	973 000	579 000
Financial Income	2 000	102 000	31 000	9 000
Financial Costs	162 000	154 000	177 000	227 000
Financial Balance	−160 000	−52 000	−146 000	−218 000
Earnings Before Tax	685 000	761 000	827 000	361 000
Tax	151 000	167 000	182 000	79 000
Net Income	535 000	593 000	645 000	282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 218 000	7 454 000	8 001 000	7 905 000
Total Current Assets	271 000	1 865 000	1 221 000	783 000
Total Assets	7 489 000	9 319 000	9 222 000	8 688 000
Total Retained Equity	1 570 000	1 648 000	1 716 000	1 770 000
Total Equity	2 373 000	2 450 000	2 518 000	2 573 000
Total Long-Term Debt	279 000	301 000	320 000	336 000
Total Current Debt	4 837 000	6 568 000	6 383 000	5 779 000
Total Equity and Debt	7 489 000	9 319 000	9 222 000	8 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 681 000	1 574 000	1 597 000	1 503 000
Revenue	1 681 000	1 574 000	1 597 000	1 503 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	236 000	238 000	232 000	236 000
Impairment	0	0	0	0
Expenditure	836 000	761 000	624 000	924 000
Operating Profit	845 000	813 000	973 000	579 000
Financial Income	2 000	102 000	31 000	9 000
Financial Costs	162 000	154 000	177 000	227 000
Financial Balance	−160 000	−52 000	−146 000	−218 000
Dividends	0	0	0	0
Net Income	535 000	593 000	645 000	282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 190 000	7 392 000	7 600 000	7 822 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	62 000	72 000	83 000
Total Tangible Assets	7 218 000	7 454 000	7 672 000	7 905 000
Total Fiancial Fixed Assets	0	0	329 000	0
Total Fixed Assets	7 218 000	7 454 000	8 001 000	7 905 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	229 000	1 143 000	783 000	527 000
Total Current Assets	271 000	1 865 000	1 221 000	783 000
Total Assets	7 489 000	9 319 000	9 222 000	8 688 000
Total Equity	2 373 000	2 450 000	2 518 000	2 573 000
Short-Term Group Debt	4 743 000	6 453 000	6 150 000	5 619 000
Total Long-Term Debt	279 000	301 000	320 000	336 000
Creditors	89 000	41 000	11 000	73 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	74 000	223 000	87 000
Total Current Debt	4 837 000	6 568 000	6 383 000	5 779 000
Total Equity and Debt	7 489 000	9 319 000	9 222 000	8 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,55 %	24,2 %	25,62 %	10,96 %
Debt-to-Equity Ratio	0,12	0,12	0,13	0,13
Operating Profit Margin	50,27 %	51,65 %	60,93 %	38,52 %
Current Ratio	0,06	0,28	0,19	0,14
Quick Ratio	0,06	0,28	0,19	0,14
Equity Ratio	0,32	0,26	0,27	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %