ØVRE SUND AS

4312 SANDNES

Finances

Share Ownership

Return on Equity

10,15 %

Current Ratio

50 080

Debt-to-Equity Ratio

27,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	815 000	581 000	432 000	699 000
Net Income	179 000	−332 000	−515 000	−336 000
Total Assets	50 080 000	44 788 000	41 262 000	39 279 000
Total Equity	1 764 000	630 000	962 000	1 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	815 000	581 000	432 000	699 000
Expenditure	335 000	132 000	123 000	93 000
Operating Profit	480 000	449 000	308 000	606 000
Financial Income	0	0	0	1 000
Financial Costs	571 000	782 000	823 000	944 000
Financial Balance	−571 000	−782 000	−823 000	−943 000
Earnings Before Tax	−91 000	−332 000	−515 000	−336 000
Tax	−269 000	0	0	0
Net Income	179 000	−332 000	−515 000	−336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	50 080 000	44 788 000	41 262 000	39 279 000
Total Assets	50 080 000	44 788 000	41 262 000	39 279 000
Total Retained Equity	−1 241 000	−1 420 000	−1 088 000	−573 000
Total Equity	1 764 000	630 000	962 000	1 477 000
Total Long-Term Debt	48 315 000	44 157 000	40 300 000	37 799 000
Total Current Debt	1 000	1 000	0	4 000
Total Equity and Debt	50 080 000	44 788 000	41 262 000	39 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	815 000	581 000	432 000	699 000
Other Income	0	0	0	0
Revenue	815 000	581 000	432 000	699 000
Cost of Goods Sold	122 000	13 000	36 000	25 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	335 000	132 000	123 000	93 000
Operating Profit	480 000	449 000	308 000	606 000
Financial Income	0	0	0	1 000
Financial Costs	571 000	782 000	823 000	944 000
Financial Balance	−571 000	−782 000	−823 000	−943 000
Dividends	0	0	0	0
Net Income	179 000	−332 000	−515 000	−336 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	47 688 000	43 721 000	39 600 000	39 256 000
Total Investments	0	0	0	0
Cash, Bank	1 054 000	1 063 000	1 660 000	1 000
Total Current Assets	50 080 000	44 788 000	41 262 000	39 279 000
Total Assets	50 080 000	44 788 000	41 262 000	39 279 000
Total Equity	1 764 000	630 000	962 000	1 477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	48 315 000	44 157 000	40 300 000	37 799 000
Creditors	1 000	1 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	1 000	0	4 000
Total Equity and Debt	50 080 000	44 788 000	41 262 000	39 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,15 %	−52,7 %	−53,53 %	−22,75 %
Debt-to-Equity Ratio	27,39	70,09	41,89	25,59
Operating Profit Margin	58,9 %	77,28 %	71,3 %	86,7 %
Current Ratio	50 080	44 788	-	9 819,75
Quick Ratio	−1,05	−1,02	−1,04	−1
Equity Ratio	0,04	0,01	0,02	0,04
Gross Profit Margin	85,03 %	97,76 %	91,67 %	96,42 %