ØLBERG AS

4077 HUNDVÅG

Finances

Return on Equity

38,45 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	293 000	299 000	108 000	33 000
Total Assets	782 000	819 000	929 000	821 000
Total Equity	762 000	469 000	170 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	8 000	3 000	12 000	12 000
Operating Profit	−8 000	−3 000	−12 000	−12 000
Financial Income	301 000	302 000	120 000	45 000
Financial Costs	0	0	0	0
Financial Balance	301 000	302 000	120 000	45 000
Earnings Before Tax	293 000	299 000	108 000	33 000
Tax	0	0	0	0
Net Income	293 000	299 000	108 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	750 000	750 000	750 000	750 000
Total Current Assets	32 000	69 000	179 000	71 000
Total Assets	782 000	819 000	929 000	821 000
Total Retained Equity	739 000	446 000	147 000	39 000
Total Equity	762 000	469 000	170 000	62 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 000	350 000	759 000	759 000
Total Equity and Debt	782 000	819 000	929 000	821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	3 000	12 000	12 000
Operating Profit	−8 000	−3 000	−12 000	−12 000
Financial Income	301 000	302 000	120 000	45 000
Financial Costs	0	0	0	0
Financial Balance	301 000	302 000	120 000	45 000
Dividends	0	0	0	0
Net Income	293 000	299 000	108 000	33 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	750 000	750 000	750 000	750 000
Total Fixed Assets	750 000	750 000	750 000	750 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	69 000	179 000	71 000
Total Current Assets	32 000	69 000	179 000	71 000
Total Assets	782 000	819 000	929 000	821 000
Total Equity	762 000	469 000	170 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	350 000	759 000	759 000
Total Current Debt	20 000	350 000	759 000	759 000
Total Equity and Debt	782 000	819 000	929 000	821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,45 %	63,75 %	63,53 %	53,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,6	0,2	0,24	0,09
Quick Ratio	1,6	0,2	0,24	0,09
Equity Ratio	0,97	0,57	0,18	0,08
Gross Profit Margin	-	-	-	-