ØVRE ÅRDAL MAT AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

16,9 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 721 000	26 950 000	27 765 000	23 958 000
Net Income	341 000	596 000	869 000	242 000
Total Assets	4 051 000	3 723 000	3 091 000	2 888 000
Total Equity	2 018 000	1 677 000	1 082 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 721 000	26 950 000	27 765 000	23 958 000
Expenditure	5 752 000	5 838 000	5 642 000	5 292 000
Operating Profit	440 000	767 000	1 132 000	340 000
Financial Income	2 000	4 000	2 000	2 000
Financial Costs	3 000	5 000	19 000	32 000
Financial Balance	−1 000	−1 000	−17 000	−30 000
Earnings Before Tax	439 000	765 000	1 115 000	311 000
Tax	98 000	170 000	246 000	69 000
Net Income	341 000	596 000	869 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	22 000	42 000	100 000
Total Current Assets	4 045 000	3 702 000	3 049 000	2 788 000
Total Assets	4 051 000	3 723 000	3 091 000	2 888 000
Total Retained Equity	1 918 000	1 577 000	982 000	113 000
Total Equity	2 018 000	1 677 000	1 082 000	213 000
Total Long-Term Debt	0	0	162 000	369 000
Total Current Debt	2 032 000	2 046 000	1 848 000	2 306 000
Total Equity and Debt	4 051 000	3 723 000	3 091 000	2 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 499 000	26 726 000	27 567 000	23 767 000
Other Income	223 000	224 000	197 000	191 000
Revenue	25 721 000	26 950 000	27 765 000	23 958 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 994 000	2 896 000	2 679 000	2 665 000
Depreciation	18 000	24 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	5 752 000	5 838 000	5 642 000	5 292 000
Operating Profit	440 000	767 000	1 132 000	340 000
Financial Income	2 000	4 000	2 000	2 000
Financial Costs	3 000	5 000	19 000	32 000
Financial Balance	−1 000	−1 000	−17 000	−30 000
Dividends	0	0	0	0
Net Income	341 000	596 000	869 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	4 000	1 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	18 000	42 000	65 000
Total Tangible Assets	0	18 000	42 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	22 000	42 000	100 000
Stock	1 494 000	1 556 000	1 341 000	1 320 000
Total Investments	0	0	0	0
Cash, Bank	1 631 000	890 000	646 000	554 000
Total Current Assets	4 045 000	3 702 000	3 049 000	2 788 000
Total Assets	4 051 000	3 723 000	3 091 000	2 888 000
Total Equity	2 018 000	1 677 000	1 082 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	162 000	369 000
Creditors	1 311 000	1 306 000	1 088 000	1 773 000
Unpaid Taxes	228 000	183 000	189 000	242 000
Dividends	0	0	0	0
Other Current Debt	393 000	384 000	360 000	291 000
Total Current Debt	2 032 000	2 046 000	1 848 000	2 306 000
Total Equity and Debt	4 051 000	3 723 000	3 091 000	2 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,9 %	35,54 %	80,31 %	113,62 %
Debt-to-Equity Ratio	0	0	0,15	1,73
Operating Profit Margin	1,71 %	2,85 %	4,08 %	1,42 %
Current Ratio	1,99	1,81	1,65	1,21
Quick Ratio	7,52	7,56	6,01	2,83
Equity Ratio	0,5	0,45	0,35	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %