ØVRE LUNDEVEG 1 AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

8,25 %

Current Ratio

5,09

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	506 000	482 000	444 000	481 000
Net Income	272 000	264 000	208 000	170 000
Total Assets	3 816 000	4 028 000	3 734 000	3 390 000
Total Equity	3 296 000	3 024 000	2 760 000	2 749 000

Income (NOK)	2022	2021	2020	2019
Revenue	506 000	482 000	444 000	481 000
Expenditure	157 000	144 000	178 000	192 000
Operating Profit	349 000	339 000	266 000	289 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	1 000	72 000
Financial Balance	−1 000	−1 000	−1 000	−71 000
Earnings Before Tax	349 000	338 000	266 000	219 000
Tax	77 000	74 000	58 000	48 000
Net Income	272 000	264 000	208 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 063 000	3 088 000	3 113 000	3 138 000
Total Current Assets	754 000	941 000	621 000	252 000
Total Assets	3 816 000	4 028 000	3 734 000	3 390 000
Total Retained Equity	3 174 000	2 902 000	2 638 000	2 627 000
Total Equity	3 296 000	3 024 000	2 760 000	2 749 000
Total Long-Term Debt	372 000	373 000	369 000	366 000
Total Current Debt	148 000	631 000	605 000	274 000
Total Equity and Debt	3 816 000	4 028 000	3 734 000	3 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	506 000	482 000	444 000	481 000
Revenue	506 000	482 000	444 000	481 000
Cost of Goods Sold	0	0	0	6 000
Salary Costs	0	0	0	0
Depreciation	25 000	25 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	157 000	144 000	178 000	192 000
Operating Profit	349 000	339 000	266 000	289 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	1 000	72 000
Financial Balance	−1 000	−1 000	−1 000	−71 000
Dividends	0	0	0	0
Net Income	272 000	264 000	208 000	170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 057 000	3 076 000	3 094 000	3 112 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	12 000	19 000	26 000
Total Tangible Assets	3 063 000	3 088 000	3 113 000	3 138 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 063 000	3 088 000	3 113 000	3 138 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	103 000	234 000	621 000	252 000
Total Current Assets	754 000	941 000	621 000	252 000
Total Assets	3 816 000	4 028 000	3 734 000	3 390 000
Total Equity	3 296 000	3 024 000	2 760 000	2 749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	372 000	373 000	369 000	366 000
Creditors	0	18 000	10 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	70 000	543 000	594 000	269 000
Total Current Debt	148 000	631 000	605 000	274 000
Total Equity and Debt	3 816 000	4 028 000	3 734 000	3 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,25 %	8,73 %	7,54 %	6,18 %
Debt-to-Equity Ratio	0,11	0,12	0,13	0,13
Operating Profit Margin	68,97 %	70,33 %	59,91 %	60,08 %
Current Ratio	5,09	1,49	1,03	0,92
Quick Ratio	5,09	1,49	1,03	0,92
Equity Ratio	0,86	0,75	0,74	0,81
Gross Profit Margin	100 %	100 %	100 %	98,75 %