ØVRE LANGHAUGEN 11 AS

5709 VOSS

Finances

Share Ownership

Return on Equity

8,21 %

Current Ratio

6,87

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	245 000	34 000	1 885 000
Net Income	210 000	14 000	−178 000	1 071 000
Total Assets	2 807 000	2 584 000	2 563 000	2 895 000
Total Equity	2 558 000	2 347 000	2 333 000	2 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	245 000	34 000	1 885 000
Expenditure	150 000	227 000	263 000	454 000
Operating Profit	270 000	18 000	−228 000	1 430 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	59 000
Financial Balance	0	0	0	−57 000
Earnings Before Tax	270 000	18 000	−228 000	1 373 000
Tax	59 000	4 000	−50 000	303 000
Net Income	210 000	14 000	−178 000	1 071 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 858 000	1 976 000	2 093 000	2 210 000
Total Current Assets	948 000	608 000	470 000	685 000
Total Assets	2 807 000	2 584 000	2 563 000	2 895 000
Total Retained Equity	2 528 000	2 317 000	2 303 000	2 481 000
Total Equity	2 558 000	2 347 000	2 333 000	2 511 000
Total Long-Term Debt	111 000	154 000	205 000	268 000
Total Current Debt	138 000	83 000	24 000	116 000
Total Equity and Debt	2 807 000	2 584 000	2 563 000	2 895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	420 000	245 000	34 000	1 885 000
Revenue	420 000	245 000	34 000	1 885 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	38 000	153 000
Depreciation	117 000	117 000	117 000	169 000
Impairment	0	0	0	0
Expenditure	150 000	227 000	263 000	454 000
Operating Profit	270 000	18 000	−228 000	1 430 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	59 000
Financial Balance	0	0	0	−57 000
Dividends	0	0	0	527 000
Net Income	210 000	14 000	−178 000	1 071 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 858 000	1 976 000	2 093 000	2 210 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 858 000	1 976 000	2 093 000	2 210 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 858 000	1 976 000	2 093 000	2 210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	592 000	252 000	104 000	418 000
Total Current Assets	948 000	608 000	470 000	685 000
Total Assets	2 807 000	2 584 000	2 563 000	2 895 000
Total Equity	2 558 000	2 347 000	2 333 000	2 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	154 000	205 000	268 000
Creditors	18 000	7 000	8 000	0
Unpaid Taxes	15 000	17 000	1 000	30 000
Dividends	0	0	0	527 000
Other Current Debt	4 000	4 000	4 000	51 000
Total Current Debt	138 000	83 000	24 000	116 000
Total Equity and Debt	2 807 000	2 584 000	2 563 000	2 895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,21 %	0,6 %	−7,63 %	42,65 %
Debt-to-Equity Ratio	0,04	0,07	0,09	0,11
Operating Profit Margin	64,29 %	7,35 %	−670,59 %	75,86 %
Current Ratio	6,87	7,33	19,58	5,91
Quick Ratio	6,87	7,33	19,58	5,91
Equity Ratio	0,91	0,91	0,91	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %