ØVRE FLATÅSVEI 16 AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

81,94 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 531 000	1 476 000	1 317 000	1 370 000
Net Income	1 080 000	740 000	849 000	853 000
Total Assets	2 866 000	2 643 000	2 598 000	2 572 000
Total Equity	1 318 000	1 239 000	1 499 000	1 450 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 531 000	1 476 000	1 317 000	1 370 000
Expenditure	165 000	531 000	236 000	296 000
Operating Profit	1 367 000	945 000	1 081 000	1 074 000
Financial Income	17 000	4 000	8 000	20 000
Financial Costs	0	0	0	0
Financial Balance	17 000	4 000	8 000	20 000
Earnings Before Tax	1 384 000	948 000	1 088 000	1 093 000
Tax	305 000	209 000	239 000	241 000
Net Income	1 080 000	740 000	849 000	853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 243 000	1 265 000	952 000	992 000
Total Current Assets	1 623 000	1 377 000	1 646 000	1 581 000
Total Assets	2 866 000	2 643 000	2 598 000	2 572 000
Total Retained Equity	1 178 000	1 098 000	1 358 000	1 310 000
Total Equity	1 318 000	1 239 000	1 499 000	1 450 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 548 000	1 404 000	1 100 000	1 122 000
Total Equity and Debt	2 866 000	2 643 000	2 598 000	2 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 531 000	1 476 000	1 317 000	1 370 000
Revenue	1 531 000	1 476 000	1 317 000	1 370 000
Cost of Goods Sold	5 000	32 000	0	0
Salary Costs	0	0	0	0
Depreciation	80 000	58 000	33 000	37 000
Impairment	0	0	0	0
Expenditure	165 000	531 000	236 000	296 000
Operating Profit	1 367 000	945 000	1 081 000	1 074 000
Financial Income	17 000	4 000	8 000	20 000
Financial Costs	0	0	0	0
Financial Balance	17 000	4 000	8 000	20 000
Dividends	1 000 000	1 000 000	800 000	800 000
Net Income	1 080 000	740 000	849 000	853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	282 000	280 000	283 000	290 000
Real Eastate	961 000	985 000	669 000	702 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	961 000	985 000	669 000	702 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 243 000	1 265 000	952 000	992 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 430 000	1 243 000	1 632 000	1 569 000
Total Current Assets	1 623 000	1 377 000	1 646 000	1 581 000
Total Assets	2 866 000	2 643 000	2 598 000	2 572 000
Total Equity	1 318 000	1 239 000	1 499 000	1 450 000
Short-Term Group Debt	−2 000	−2 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	18 000	−2 000	23 000
Unpaid Taxes	236 000	175 000	59 000	46 000
Dividends	1 000 000	1 000 000	800 000	800 000
Other Current Debt	2 000	7 000	10 000	19 000
Total Current Debt	1 548 000	1 404 000	1 100 000	1 122 000
Total Equity and Debt	2 866 000	2 643 000	2 598 000	2 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,94 %	59,73 %	56,64 %	58,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	89,29 %	64,02 %	82,08 %	78,39 %
Current Ratio	1,05	0,98	1,5	1,41
Quick Ratio	1,05	0,98	1,5	1,41
Equity Ratio	0,46	0,47	0,58	0,56
Gross Profit Margin	99,67 %	97,83 %	100 %	100 %