ØVENSEN FLIS AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−48,28 %

Current Ratio

2,62

Debt-to-Equity Ratio

2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 378 000	1 234 000	977 000
Net Income	−42 000	32 000	118 000	87 000
Total Assets	518 000	589 000	495 000	490 000
Total Equity	87 000	129 000	97 000	−21 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 378 000	1 234 000	977 000
Expenditure	1 391 000	1 333 000	1 074 000	856 000
Operating Profit	−45 000	46 000	159 000	121 000
Financial Income	0	0	0	0
Financial Costs	9 000	6 000	8 000	10 000
Financial Balance	−9 000	−6 000	−8 000	−10 000
Earnings Before Tax	−54 000	41 000	152 000	112 000
Tax	−12 000	9 000	33 000	25 000
Net Income	−42 000	32 000	118 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	12 000	0	16 000
Total Current Assets	500 000	578 000	495 000	474 000
Total Assets	518 000	589 000	495 000	490 000
Total Retained Equity	57 000	99 000	67 000	−51 000
Total Equity	87 000	129 000	97 000	−21 000
Total Long-Term Debt	241 000	235 000	230 000	325 000
Total Current Debt	191 000	226 000	168 000	186 000
Total Equity and Debt	518 000	589 000	495 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 346 000	1 378 000	1 189 000	977 000
Other Income	0	0	45 000	0
Revenue	1 346 000	1 378 000	1 234 000	977 000
Cost of Goods Sold	333 000	344 000	277 000	358 000
Salary Costs	784 000	731 000	571 000	351 000
Depreciation	6 000	5 000	1 000	4 000
Impairment	0	0	0	0
Expenditure	1 391 000	1 333 000	1 074 000	856 000
Operating Profit	−45 000	46 000	159 000	121 000
Financial Income	0	0	0	0
Financial Costs	9 000	6 000	8 000	10 000
Financial Balance	−9 000	−6 000	−8 000	−10 000
Dividends	0	0	0	0
Net Income	−42 000	32 000	118 000	87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	12 000	0	1 000
Total Tangible Assets	6 000	12 000	0	1 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	12 000	0	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	371 000	502 000	409 000	356 000
Total Current Assets	500 000	578 000	495 000	474 000
Total Assets	518 000	589 000	495 000	490 000
Total Equity	87 000	129 000	97 000	−21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	241 000	235 000	230 000	325 000
Creditors	20 000	56 000	16 000	62 000
Unpaid Taxes	95 000	85 000	72 000	87 000
Dividends	0	0	0	0
Other Current Debt	75 000	76 000	61 000	37 000
Total Current Debt	191 000	226 000	168 000	186 000
Total Equity and Debt	518 000	589 000	495 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,28 %	24,81 %	121,65 %	−414,29 %
Debt-to-Equity Ratio	2,77	1,82	2,37	−15,48
Operating Profit Margin	−3,34 %	3,34 %	12,88 %	12,38 %
Current Ratio	2,62	2,56	2,95	2,55
Quick Ratio	2,62	2,56	2,95	2,55
Equity Ratio	0,17	0,22	0,2	−0,04
Gross Profit Margin	75,26 %	75,04 %	77,55 %	63,36 %