OVE REITAN TRANSPORT AS

7053 RANHEIM

Finances

Share Ownership

Return on Equity

50,2 %

Current Ratio

0,81

Debt-to-Equity Ratio

−1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	201 000	636 000	424 000	665 000
Net Income	−128 000	9 000	−14 000	3 000
Total Assets	161 000	292 000	347 000	525 000
Total Equity	−255 000	−127 000	−136 000	−123 000

Income (NOK)	2022	2021	2020	2019
Revenue	201 000	636 000	424 000	665 000
Expenditure	367 000	623 000	442 000	661 000
Operating Profit	−165 000	13 000	−17 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	0	−1 000
Earnings Before Tax	−165 000	12 000	−17 000	3 000
Tax	−36 000	3 000	−4 000	1 000
Net Income	−128 000	9 000	−14 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	76 000	123 000	164 000
Total Current Assets	86 000	216 000	224 000	361 000
Total Assets	161 000	292 000	347 000	525 000
Total Retained Equity	−285 000	−157 000	−166 000	−153 000
Total Equity	−255 000	−127 000	−136 000	−123 000
Total Long-Term Debt	310 000	350 000	360 000	465 000
Total Current Debt	106 000	68 000	123 000	182 000
Total Equity and Debt	161 000	292 000	347 000	525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	201 000	636 000	465 000	665 000
Other Income	0	0	−41 000	0
Revenue	201 000	636 000	424 000	665 000
Cost of Goods Sold	0	0	0	0
Salary Costs	276 000	525 000	340 000	611 000
Depreciation	34 000	40 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	367 000	623 000	442 000	661 000
Operating Profit	−165 000	13 000	−17 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	−128 000	9 000	−14 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	38 000	41 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	34 000	73 000	113 000
Total Tangible Assets	0	34 000	73 000	113 000
Total Fiancial Fixed Assets	0	4 000	9 000	14 000
Total Fixed Assets	74 000	76 000	123 000	164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	157 000	199 000	240 000
Total Current Assets	86 000	216 000	224 000	361 000
Total Assets	161 000	292 000	347 000	525 000
Total Equity	−255 000	−127 000	−136 000	−123 000
Short-Term Group Debt	0	−40 000	0	0
Total Long-Term Debt	310 000	350 000	360 000	465 000
Creditors	2 000	2 000	4 000	2 000
Unpaid Taxes	−1 000	49 000	66 000	62 000
Dividends	0	0	0	0
Other Current Debt	105 000	57 000	54 000	119 000
Total Current Debt	106 000	68 000	123 000	182 000
Total Equity and Debt	161 000	292 000	347 000	525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,2 %	−7,09 %	10,29 %	−2,44 %
Debt-to-Equity Ratio	−1,22	−2,76	−2,65	−3,78
Operating Profit Margin	−82,09 %	2,04 %	−4,01 %	0,6 %
Current Ratio	0,81	3,18	1,82	1,98
Quick Ratio	0,81	3,18	1,82	1,98
Equity Ratio	−1,58	−0,43	−0,39	−0,23
Gross Profit Margin	100 %	100 %	100 %	100 %