ØGSNES EIENDOM AS

8514 NARVIK

Finances

Return on Equity

38,01 %

Current Ratio

7,5

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	840 000	626 000	740 000	540 000
Net Income	572 000	256 000	208 000	458 000
Total Assets	5 161 000	5 382 000	4 310 000	4 002 000
Total Equity	1 505 000	1 599 000	1 342 000	1 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	840 000	626 000	740 000	540 000
Expenditure	1 379 000	192 000	371 000	232 000
Operating Profit	−538 000	435 000	369 000	308 000
Financial Income	1 264 000	0	0	300 000
Financial Costs	157 000	107 000	103 000	106 000
Financial Balance	1 107 000	−107 000	−103 000	194 000
Earnings Before Tax	569 000	329 000	266 000	502 000
Tax	−3 000	72 000	59 000	45 000
Net Income	572 000	256 000	208 000	458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 316 000	3 538 000	3 659 000	3 781 000
Total Current Assets	1 845 000	1 845 000	651 000	221 000
Total Assets	5 161 000	5 382 000	4 310 000	4 002 000
Total Retained Equity	1 001 000	1 095 000	838 000	631 000
Total Equity	1 505 000	1 599 000	1 342 000	1 135 000
Total Long-Term Debt	3 410 000	3 685 000	2 799 000	2 756 000
Total Current Debt	246 000	99 000	168 000	112 000
Total Equity and Debt	5 161 000	5 382 000	4 310 000	4 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	840 000	626 000	740 000	540 000
Revenue	840 000	626 000	740 000	540 000
Cost of Goods Sold	0	0	226 000	0
Salary Costs	526 000	0	0	0
Depreciation	122 000	122 000	122 000	122 000
Impairment	0	0	0	0
Expenditure	1 379 000	192 000	371 000	232 000
Operating Profit	−538 000	435 000	369 000	308 000
Financial Income	1 264 000	0	0	300 000
Financial Costs	157 000	107 000	103 000	106 000
Financial Balance	1 107 000	−107 000	−103 000	194 000
Dividends	0	0	0	0
Net Income	572 000	256 000	208 000	458 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 908 000	3 030 000	3 151 000	3 273 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	123 000	123 000	123 000	123 000
Total Tangible Assets	3 031 000	3 152 000	3 274 000	3 395 000
Total Fiancial Fixed Assets	285 000	385 000	385 000	385 000
Total Fixed Assets	3 316 000	3 538 000	3 659 000	3 781 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	606 000	1 787 000	594 000	221 000
Total Current Assets	1 845 000	1 845 000	651 000	221 000
Total Assets	5 161 000	5 382 000	4 310 000	4 002 000
Total Equity	1 505 000	1 599 000	1 342 000	1 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 410 000	3 685 000	2 799 000	2 756 000
Creditors	6 000	4 000	112 000	46 000
Unpaid Taxes	7 000	22 000	0	25 000
Dividends	0	0	0	0
Other Current Debt	233 000	0	0	0
Total Current Debt	246 000	99 000	168 000	112 000
Total Equity and Debt	5 161 000	5 382 000	4 310 000	4 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,01 %	16,01 %	15,5 %	40,35 %
Debt-to-Equity Ratio	2,27	2,3	2,09	2,43
Operating Profit Margin	−64,05 %	69,49 %	49,86 %	57,04 %
Current Ratio	7,5	18,64	3,88	1,97
Quick Ratio	7,5	18,64	3,88	1,97
Equity Ratio	0,29	0,3	0,31	0,28
Gross Profit Margin	100 %	100 %	69,46 %	100 %