OVP - OFOTEN VARMEPUMPER AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

139,51 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	905 000	441 000	232 000	74 000
Net Income	113 000	62 000	−28 000	−133 000
Total Assets	193 000	51 000	36 000	52 000
Total Equity	81 000	−33 000	−95 000	−66 000

Income (NOK)	2022	2021	2020	2019
Revenue	905 000	441 000	232 000	74 000
Expenditure	792 000	379 000	260 000	206 000
Operating Profit	113 000	62 000	−28 000	−133 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	113 000	62 000	−28 000	−133 000
Tax	0	0	0	0
Net Income	113 000	62 000	−28 000	−133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	193 000	51 000	36 000	52 000
Total Assets	193 000	51 000	36 000	52 000
Total Retained Equity	51 000	−63 000	−125 000	−96 000
Total Equity	81 000	−33 000	−95 000	−66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 000	84 000	130 000	118 000
Total Equity and Debt	193 000	51 000	36 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	885 000	441 000	232 000	74 000
Other Income	20 000	0	0	0
Revenue	905 000	441 000	232 000	74 000
Cost of Goods Sold	789 000	377 000	242 000	161 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	792 000	379 000	260 000	206 000
Operating Profit	113 000	62 000	−28 000	−133 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	113 000	62 000	−28 000	−133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	71 000	1 000	3 000	33 000
Total Current Assets	193 000	51 000	36 000	52 000
Total Assets	193 000	51 000	36 000	52 000
Total Equity	81 000	−33 000	−95 000	−66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	−6 000	43 000	31 000
Unpaid Taxes	49 000	28 000	25 000	25 000
Dividends	0	0	0	0
Other Current Debt	62 000	62 000	62 000	62 000
Total Current Debt	112 000	84 000	130 000	118 000
Total Equity and Debt	193 000	51 000	36 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	139,51 %	−187,88 %	29,47 %	201,52 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	12,49 %	14,06 %	−12,07 %	−179,73 %
Current Ratio	1,72	0,61	0,28	0,44
Quick Ratio	1,72	0,61	0,28	0,44
Equity Ratio	0,42	−0,65	−2,64	−1,27
Gross Profit Margin	12,82 %	14,51 %	−4,31 %	−117,57 %