OVALEN AS

0165 OSLO

Finances

Share Ownership

Return on Equity

2,38 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 597 000	4 709 000	1 131 000	74 000
Net Income	224 000	205 000	100 000	30 000
Total Assets	15 523 000	3 981 000	1 088 000	136 000
Total Equity	9 430 000	376 000	171 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 597 000	4 709 000	1 131 000	74 000
Expenditure	9 264 000	4 436 000	1 004 000	41 000
Operating Profit	333 000	274 000	128 000	33 000
Financial Income	0	0	0	0
Financial Costs	35 000	11 000	0	0
Financial Balance	−35 000	−11 000	0	0
Earnings Before Tax	298 000	263 000	128 000	33 000
Tax	74 000	58 000	28 000	4 000
Net Income	224 000	205 000	100 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 951 000	1 186 000	885 000	0
Total Current Assets	9 571 000	2 795 000	203 000	136 000
Total Assets	15 523 000	3 981 000	1 088 000	136 000
Total Retained Equity	570 000	346 000	141 000	41 000
Total Equity	9 430 000	376 000	171 000	71 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 093 000	3 605 000	917 000	65 000
Total Equity and Debt	15 523 000	3 981 000	1 088 000	136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 597 000	4 709 000	1 131 000	74 000
Other Income	0	0	0	0
Revenue	9 597 000	4 709 000	1 131 000	74 000
Cost of Goods Sold	4 502 000	3 008 000	0	0
Salary Costs	2 485 000	60 000	0	0
Depreciation	133 000	94 000	52 000	0
Impairment	0	0	0	0
Expenditure	9 264 000	4 436 000	1 004 000	41 000
Operating Profit	333 000	274 000	128 000	33 000
Financial Income	0	0	0	0
Financial Costs	35 000	11 000	0	0
Financial Balance	−35 000	−11 000	0	0
Dividends	0	0	0	0
Net Income	224 000	205 000	100 000	30 000

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	5 951 000	1 186 000	885 000	0
Total Tangible Assets	5 951 000	1 186 000	885 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 951 000	1 186 000	885 000	0
Stock	3 969 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	141 000	7 000	2 000	4 000
Total Current Assets	9 571 000	2 795 000	203 000	136 000
Total Assets	15 523 000	3 981 000	1 088 000	136 000
Total Equity	9 430 000	376 000	171 000	71 000
Short-Term Group Debt	1 078 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 329 000	3 148 000	368 000	9 000
Unpaid Taxes	377 000	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	3 235 000	393 000	521 000	53 000
Total Current Debt	6 093 000	3 605 000	917 000	65 000
Total Equity and Debt	15 523 000	3 981 000	1 088 000	136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,38 %	54,52 %	58,48 %	42,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,47 %	5,82 %	11,32 %	44,59 %
Current Ratio	1,57	0,78	0,22	2,09
Quick Ratio	4,51	0,78	0,22	2,09
Equity Ratio	0,61	0,09	0,16	0,52
Gross Profit Margin	53,09 %	36,12 %	100 %	100 %