ØLBERGSTRANDEN EIENDOM AS

4053 RÆGE

Finances

Share Ownership

Return on Equity

1,74 %

Current Ratio

4,06

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 472 000	1 472 000	1 441 000	1 707 000
Net Income	218 000	365 000	238 000	297 000
Total Assets	29 411 000	30 954 000	30 293 000	26 679 000
Total Equity	12 542 000	2 324 000	1 958 000	1 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 472 000	1 472 000	1 441 000	1 707 000
Expenditure	563 000	663 000	693 000	791 000
Operating Profit	908 000	810 000	749 000	916 000
Financial Income	0	0	2 000	1 000
Financial Costs	629 000	342 000	446 000	536 000
Financial Balance	−629 000	−342 000	−444 000	−535 000
Earnings Before Tax	279 000	468 000	305 000	381 000
Tax	61 000	103 000	67 000	84 000
Net Income	218 000	365 000	238 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 891 000	29 386 000	27 933 000	25 161 000
Total Current Assets	520 000	1 569 000	2 360 000	1 519 000
Total Assets	29 411 000	30 954 000	30 293 000	26 679 000
Total Retained Equity	2 342 000	2 124 000	1 758 000	1 520 000
Total Equity	12 542 000	2 324 000	1 958 000	1 720 000
Total Long-Term Debt	16 742 000	23 928 000	24 372 000	24 851 000
Total Current Debt	128 000	4 703 000	3 963 000	108 000
Total Equity and Debt	29 411 000	30 954 000	30 293 000	26 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 472 000	1 472 000	1 441 000	1 707 000
Other Income	0	0	0	0
Revenue	1 472 000	1 472 000	1 441 000	1 707 000
Cost of Goods Sold	0	0	78 000	117 000
Salary Costs	0	0	0	0
Depreciation	494 000	495 000	495 000	495 000
Impairment	0	0	0	0
Expenditure	563 000	663 000	693 000	791 000
Operating Profit	908 000	810 000	749 000	916 000
Financial Income	0	0	2 000	1 000
Financial Costs	629 000	342 000	446 000	536 000
Financial Balance	−629 000	−342 000	−444 000	−535 000
Dividends	0	0	0	0
Net Income	218 000	365 000	238 000	297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 848 000	29 341 000	27 886 000	25 111 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	45 000	47 000	50 000
Total Tangible Assets	28 891 000	29 386 000	27 933 000	25 161 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 891 000	29 386 000	27 933 000	25 161 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	520 000	1 569 000	1 580 000	1 325 000
Total Current Assets	520 000	1 569 000	2 360 000	1 519 000
Total Assets	29 411 000	30 954 000	30 293 000	26 679 000
Total Equity	12 542 000	2 324 000	1 958 000	1 720 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 742 000	23 928 000	24 372 000	24 851 000
Creditors	16 000	4 631 000	3 952 000	27 000
Unpaid Taxes	57 000	59 000	0	49 000
Dividends	0	0	0	0
Other Current Debt	55 000	12 000	11 000	31 000
Total Current Debt	128 000	4 703 000	3 963 000	108 000
Total Equity and Debt	29 411 000	30 954 000	30 293 000	26 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,74 %	15,71 %	12,16 %	17,27 %
Debt-to-Equity Ratio	1,33	10,3	12,45	14,45
Operating Profit Margin	61,68 %	55,03 %	51,98 %	53,66 %
Current Ratio	4,06	0,33	0,6	14,06
Quick Ratio	4,06	0,33	0,6	14,06
Equity Ratio	0,43	0,08	0,06	0,06
Gross Profit Margin	100 %	100 %	94,59 %	93,15 %