ØVRE VOLLGT 13 AS

0158 OSLO

Finances

Share Ownership

Return on Equity

−17,07 %

Current Ratio

2,9

Debt-to-Equity Ratio

7,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	723 000	6 337 000	8 108 000
Net Income	−9 008 000	−6 853 000	−2 276 000	−443 000
Total Assets	483 223 000	237 695 000	176 465 000	172 508 000
Total Equity	52 759 000	20 516 000	27 368 000	29 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	723 000	6 337 000	8 108 000
Expenditure	672 000	2 272 000	3 270 000	3 803 000
Operating Profit	−672 000	−1 549 000	3 067 000	4 304 000
Financial Income	19 000	0	0	1 000
Financial Costs	10 894 000	7 198 000	5 515 000	4 920 000
Financial Balance	−10 875 000	−7 198 000	−5 515 000	−4 919 000
Earnings Before Tax	−11 548 000	−8 748 000	−2 448 000	−615 000
Tax	−2 539 000	−1 895 000	−172 000	−172 000
Net Income	−9 008 000	−6 853 000	−2 276 000	−443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 688 000	230 866 000	175 755 000	171 352 000
Total Current Assets	77 534 000	6 828 000	710 000	1 156 000
Total Assets	483 223 000	237 695 000	176 465 000	172 508 000
Total Retained Equity	−17 728 000	−8 720 000	−1 867 000	409 000
Total Equity	52 759 000	20 516 000	27 368 000	29 644 000
Total Long-Term Debt	403 705 000	212 182 000	147 667 000	137 194 000
Total Current Debt	26 759 000	4 997 000	1 430 000	5 669 000
Total Equity and Debt	483 223 000	237 695 000	176 465 000	172 508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	723 000	6 337 000	8 108 000
Other Income	0	0	0	0
Revenue	0	723 000	6 337 000	8 108 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	1 242 000	1 984 000	2 562 000
Impairment	0	0	0	0
Expenditure	672 000	2 272 000	3 270 000	3 803 000
Operating Profit	−672 000	−1 549 000	3 067 000	4 304 000
Financial Income	19 000	0	0	1 000
Financial Costs	10 894 000	7 198 000	5 515 000	4 920 000
Financial Balance	−10 875 000	−7 198 000	−5 515 000	−4 919 000
Dividends	0	0	0	0
Net Income	−9 008 000	−6 853 000	−2 276 000	−443 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	405 688 000	230 866 000	175 729 000	171 230 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	4 000	12 000
Total Tangible Assets	405 688 000	230 866 000	175 733 000	171 242 000
Total Fiancial Fixed Assets	0	0	22 000	110 000
Total Fixed Assets	405 688 000	230 866 000	175 755 000	171 352 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 560 000	6 828 000	632 000	1 076 000
Total Current Assets	77 534 000	6 828 000	710 000	1 156 000
Total Assets	483 223 000	237 695 000	176 465 000	172 508 000
Total Equity	52 759 000	20 516 000	27 368 000	29 644 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	403 705 000	212 182 000	147 667 000	137 194 000
Creditors	25 159 000	4 754 000	466 000	1 216 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 600 000	242 000	964 000	4 453 000
Total Current Debt	26 759 000	4 997 000	1 430 000	5 669 000
Total Equity and Debt	483 223 000	237 695 000	176 465 000	172 508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,07 %	−33,4 %	−8,32 %	−1,49 %
Debt-to-Equity Ratio	7,65	10,34	5,4	4,63
Operating Profit Margin	-	−214,25 %	48,4 %	53,08 %
Current Ratio	2,9	1,37	0,5	0,2
Quick Ratio	2,9	1,37	0,5	0,2
Equity Ratio	0,11	0,09	0,16	0,17
Gross Profit Margin	-	100 %	100 %	100 %