OVESEN TRANSPORT AS

5437 FINNÅS

Finances

Share Ownership

Return on Equity

−95 %

Current Ratio

1,2

Debt-to-Equity Ratio

−6,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 711 000	3 770 000	2 120 000	2 322 000
Net Income	19 000	1 059 000	−321 000	−95 000
Total Assets	465 000	1 009 000	1 438 000	2 100 000
Total Equity	−20 000	−39 000	−1 098 000	−777 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 711 000	3 770 000	2 120 000	2 322 000
Expenditure	1 660 000	2 477 000	2 326 000	2 297 000
Operating Profit	50 000	1 292 000	−207 000	25 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	35 000	68 000	115 000	121 000
Financial Balance	−32 000	−67 000	−114 000	−120 000
Earnings Before Tax	19 000	1 225 000	−321 000	−95 000
Tax	0	166 000	0	0
Net Income	19 000	1 059 000	−321 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	0	1 044 000	1 549 000
Total Current Assets	431 000	1 009 000	394 000	551 000
Total Assets	465 000	1 009 000	1 438 000	2 100 000
Total Retained Equity	−145 000	−164 000	−1 223 000	−902 000
Total Equity	−20 000	−39 000	−1 098 000	−777 000
Total Long-Term Debt	125 000	491 000	2 115 000	2 352 000
Total Current Debt	360 000	558 000	421 000	526 000
Total Equity and Debt	465 000	1 009 000	1 438 000	2 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 024 000	2 646 000	2 120 000	2 322 000
Other Income	686 000	1 124 000	0	0
Revenue	1 711 000	3 770 000	2 120 000	2 322 000
Cost of Goods Sold	71 000	122 000	0	0
Salary Costs	638 000	1 126 000	625 000	719 000
Depreciation	173 000	168 000	505 000	505 000
Impairment	0	0	0	0
Expenditure	1 660 000	2 477 000	2 326 000	2 297 000
Operating Profit	50 000	1 292 000	−207 000	25 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	35 000	68 000	115 000	121 000
Financial Balance	−32 000	−67 000	−114 000	−120 000
Dividends	0	0	0	0
Net Income	19 000	1 059 000	−321 000	−95 000

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	34 000	0	0	0
Fixtures	0	0	1 044 000	1 549 000
Total Tangible Assets	34 000	0	1 044 000	1 549 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	0	1 044 000	1 549 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	410 000	788 000	90 000	301 000
Total Current Assets	431 000	1 009 000	394 000	551 000
Total Assets	465 000	1 009 000	1 438 000	2 100 000
Total Equity	−20 000	−39 000	−1 098 000	−777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	491 000	2 115 000	2 352 000
Creditors	44 000	−2 000	15 000	163 000
Unpaid Taxes	33 000	177 000	172 000	101 000
Dividends	0	0	0	0
Other Current Debt	284 000	217 000	235 000	262 000
Total Current Debt	360 000	558 000	421 000	526 000
Total Equity and Debt	465 000	1 009 000	1 438 000	2 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−95 %	−2 715,38 %	29,23 %	12,23 %
Debt-to-Equity Ratio	−6,25	−12,59	−1,93	−3,03
Operating Profit Margin	2,92 %	34,27 %	−9,76 %	1,08 %
Current Ratio	1,2	1,81	0,94	1,05
Quick Ratio	1,2	1,81	0,94	1,05
Equity Ratio	−0,04	−0,04	−0,76	−0,37
Gross Profit Margin	95,85 %	96,76 %	100 %	100 %