ØVRE GLENNE BORETTSLAG

3181 HORTEN

Finances

Share Ownership

Return on Equity

17,39 %

Current Ratio

5,94

Debt-to-Equity Ratio

12,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 022 000	3 622 000	3 749 000	3 680 000
Net Income	1 274 000	1 729 000	1 707 000	1 222 000
Total Assets	99 982 000	99 676 000	99 188 000	98 622 000
Total Equity	7 327 000	6 052 000	4 323 000	2 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 022 000	3 622 000	3 749 000	3 680 000
Expenditure	1 309 000	1 093 000	988 000	1 129 000
Operating Profit	2 840 000	2 689 000	2 911 000	2 678 000
Financial Income	25 000	4 000	4 000	7 000
Financial Costs	1 590 000	964 000	1 208 000	1 463 000
Financial Balance	−1 565 000	−960 000	−1 204 000	−1 456 000
Earnings Before Tax	1 274 000	1 729 000	1 707 000	1 222 000
Tax	0	0	0	0
Net Income	1 274 000	1 729 000	1 707 000	1 222 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 010 000	98 010 000	98 010 000	97 937 000
Total Current Assets	1 973 000	1 666 000	1 178 000	685 000
Total Assets	99 982 000	99 676 000	99 188 000	98 622 000
Total Retained Equity	7 152 000	5 877 000	4 148 000	2 441 000
Total Equity	7 327 000	6 052 000	4 323 000	2 616 000
Total Long-Term Debt	92 324 000	93 307 000	94 560 000	95 732 000
Total Current Debt	332 000	317 000	305 000	275 000
Total Equity and Debt	99 982 000	99 676 000	99 188 000	98 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 149 000	3 782 000	3 898 000	3 807 000
Revenue	4 022 000	3 622 000	3 749 000	3 680 000
Cost of Goods Sold	0	0	0	0
Salary Costs	51 000	51 000	50 000	51 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 309 000	1 093 000	988 000	1 129 000
Operating Profit	2 840 000	2 689 000	2 911 000	2 678 000
Financial Income	25 000	4 000	4 000	7 000
Financial Costs	1 590 000	964 000	1 208 000	1 463 000
Financial Balance	−1 565 000	−960 000	−1 204 000	−1 456 000
Dividends	0	0	0	0
Net Income	1 274 000	1 729 000	1 707 000	1 222 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	97 898 000	97 898 000	97 898 000	97 874 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	112 000	112 000	112 000	63 000
Total Tangible Assets	98 010 000	98 010 000	98 010 000	97 937 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	98 010 000	98 010 000	98 010 000	97 937 000
Stock	0	0	0	0
Total Investments	55 000	43 000	0	0
Cash, Bank	1 591 000	1 353 000	1 000 000	545 000
Total Current Assets	1 973 000	1 666 000	1 178 000	685 000
Total Assets	99 982 000	99 676 000	99 188 000	98 622 000
Total Equity	7 327 000	6 052 000	4 323 000	2 616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	92 324 000	93 307 000	94 560 000	95 732 000
Creditors	305 000	298 000	235 000	176 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	26 000	19 000	70 000	99 000
Total Current Debt	332 000	317 000	305 000	275 000
Total Equity and Debt	99 982 000	99 676 000	99 188 000	98 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,39 %	28,57 %	39,49 %	46,71 %
Debt-to-Equity Ratio	12,6	15,42	21,87	36,59
Operating Profit Margin	70,61 %	74,24 %	77,65 %	72,77 %
Current Ratio	5,94	5,26	3,86	2,49
Quick Ratio	5,94	5,26	3,86	2,49
Equity Ratio	0,07	0,06	0,04	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %