OLDESÅSEN AS

5059 BERGEN

Finances

Share Ownership

Return on Equity

−2 772 %

Current Ratio

18,57

Debt-to-Equity Ratio

65,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	1 109 000	1 344 000	1 344 000
Net Income	−2 772 000	453 000	261 000	285 000
Total Assets	6 707 000	8 824 000	17 628 000	18 134 000
Total Equity	100 000	1 890 000	1 437 000	1 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	1 109 000	1 344 000	1 344 000
Expenditure	3 342 000	382 000	691 000	671 000
Operating Profit	−2 603 000	727 000	653 000	673 000
Financial Income	1 000	1 000	1 000	4 000
Financial Costs	133 000	147 000	319 000	312 000
Financial Balance	−132 000	−146 000	−318 000	−308 000
Earnings Before Tax	−2 735 000	580 000	335 000	365 000
Tax	37 000	128 000	74 000	80 000
Net Income	−2 772 000	453 000	261 000	285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 500 000	8 778 000	16 595 000	17 168 000
Total Current Assets	1 207 000	46 000	1 034 000	966 000
Total Assets	6 707 000	8 824 000	17 628 000	18 134 000
Total Retained Equity	−1 242 000	1 530 000	1 077 000	816 000
Total Equity	100 000	1 890 000	1 437 000	1 176 000
Total Long-Term Debt	6 543 000	6 838 000	16 112 000	16 878 000
Total Current Debt	65 000	96 000	79 000	80 000
Total Equity and Debt	6 707 000	8 824 000	17 628 000	18 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	740 000	1 109 000	1 344 000	1 344 000
Revenue	740 000	1 109 000	1 344 000	1 344 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	317 000	317 000	579 000	578 000
Impairment	2 960 000	0	0	0
Expenditure	3 342 000	382 000	691 000	671 000
Operating Profit	−2 603 000	727 000	653 000	673 000
Financial Income	1 000	1 000	1 000	4 000
Financial Costs	133 000	147 000	319 000	312 000
Financial Balance	−132 000	−146 000	−318 000	−308 000
Dividends	0	0	0	0
Net Income	−2 772 000	453 000	261 000	285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	5 500 000	8 778 000	16 589 000	17 168 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 500 000	8 778 000	16 589 000	17 168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 500 000	8 778 000	16 595 000	17 168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	225 000	46 000	698 000	630 000
Total Current Assets	1 207 000	46 000	1 034 000	966 000
Total Assets	6 707 000	8 824 000	17 628 000	18 134 000
Total Equity	100 000	1 890 000	1 437 000	1 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 543 000	6 838 000	16 112 000	16 878 000
Creditors	0	2 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	65 000	96 000	79 000	80 000
Total Equity and Debt	6 707 000	8 824 000	17 628 000	18 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 772 %	23,97 %	18,16 %	24,23 %
Debt-to-Equity Ratio	65,43	3,62	11,21	14,35
Operating Profit Margin	−351,76 %	65,55 %	48,59 %	50,07 %
Current Ratio	18,57	0,48	13,09	12,08
Quick Ratio	18,57	0,48	13,09	12,08
Equity Ratio	0,01	0,21	0,08	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %