ØVRE VEG 27 AS

6418 SEKKEN

Finances

Share Ownership

Return on Equity

−24,42 %

Current Ratio

0,05

Debt-to-Equity Ratio

7,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	392 000	294 000	354 000	397 000
Net Income	−116 000	79 000	−76 000	−139 000
Total Assets	4 183 000	4 133 000	4 196 000	4 281 000
Total Equity	475 000	451 000	372 000	448 000

Income (NOK)	2022	2021	2020	2019
Revenue	392 000	294 000	354 000	397 000
Expenditure	480 000	174 000	416 000	520 000
Operating Profit	−87 000	120 000	−62 000	−124 000
Financial Income	0	0	0	1 000
Financial Costs	61 000	19 000	35 000	56 000
Financial Balance	−61 000	−19 000	−35 000	−55 000
Earnings Before Tax	−149 000	101 000	−97 000	−178 000
Tax	−33 000	22 000	−21 000	−39 000
Net Income	−116 000	79 000	−76 000	−139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 180 000	4 089 000	4 180 000	4 249 000
Total Current Assets	3 000	44 000	16 000	32 000
Total Assets	4 183 000	4 133 000	4 196 000	4 281 000
Total Retained Equity	375 000	351 000	272 000	348 000
Total Equity	475 000	451 000	372 000	448 000
Total Long-Term Debt	3 642 000	3 642 000	3 760 000	3 760 000
Total Current Debt	66 000	40 000	63 000	73 000
Total Equity and Debt	4 183 000	4 133 000	4 196 000	4 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	392 000	294 000	354 000	397 000
Revenue	392 000	294 000	354 000	397 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	91 000	90 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	480 000	174 000	416 000	520 000
Operating Profit	−87 000	120 000	−62 000	−124 000
Financial Income	0	0	0	1 000
Financial Costs	61 000	19 000	35 000	56 000
Financial Balance	−61 000	−19 000	−35 000	−55 000
Dividends	0	0	0	0
Net Income	−116 000	79 000	−76 000	−139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	119 000	120 000	99 000
Real Eastate	4 028 000	3 970 000	4 060 000	4 150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 028 000	3 970 000	4 060 000	4 150 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 180 000	4 089 000	4 180 000	4 249 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	44 000	16 000	32 000
Total Current Assets	3 000	44 000	16 000	32 000
Total Assets	4 183 000	4 133 000	4 196 000	4 281 000
Total Equity	475 000	451 000	372 000	448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 642 000	3 642 000	3 760 000	3 760 000
Creditors	8 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	19 000	63 000	73 000
Total Current Debt	66 000	40 000	63 000	73 000
Total Equity and Debt	4 183 000	4 133 000	4 196 000	4 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,42 %	17,52 %	−20,43 %	−31,03 %
Debt-to-Equity Ratio	7,67	8,08	10,11	8,39
Operating Profit Margin	−22,19 %	40,82 %	−17,51 %	−31,23 %
Current Ratio	0,05	1,1	0,25	0,44
Quick Ratio	0,05	1,1	0,25	0,44
Equity Ratio	0,11	0,11	0,09	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %