OSVANG II AS

5412 STORD

Finances

Share Ownership

Return on Equity

19,89 %

Current Ratio

0,67

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	570 000	450 000	247 000
Net Income	280 000	269 000	186 000	−78 000
Total Assets	1 899 000	2 498 000	2 222 000	1 993 000
Total Equity	1 408 000	1 439 000	1 647 000	1 523 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	570 000	450 000	247 000
Expenditure	230 000	213 000	198 000	376 000
Operating Profit	370 000	357 000	252 000	−130 000
Financial Income	0	0	0	0
Financial Costs	12 000	13 000	14 000	6 000
Financial Balance	−12 000	−13 000	−14 000	−6 000
Earnings Before Tax	359 000	344 000	238 000	−135 000
Tax	79 000	76 000	52 000	−57 000
Net Income	280 000	269 000	186 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 611 000	1 704 000	1 797 000	1 889 000
Total Current Assets	288 000	794 000	425 000	104 000
Total Assets	1 899 000	2 498 000	2 222 000	1 993 000
Total Retained Equity	1 100 000	1 130 000	1 338 000	1 215 000
Total Equity	1 408 000	1 439 000	1 647 000	1 523 000
Total Long-Term Debt	63 000	72 000	79 000	45 000
Total Current Debt	427 000	987 000	495 000	425 000
Total Equity and Debt	1 899 000	2 498 000	2 222 000	1 993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	600 000	570 000	450 000	247 000
Revenue	600 000	570 000	450 000	247 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	93 000	93 000	93 000	201 000
Impairment	0	0	0	0
Expenditure	230 000	213 000	198 000	376 000
Operating Profit	370 000	357 000	252 000	−130 000
Financial Income	0	0	0	0
Financial Costs	12 000	13 000	14 000	6 000
Financial Balance	−12 000	−13 000	−14 000	−6 000
Dividends	0	0	0	0
Net Income	280 000	269 000	186 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 611 000	1 704 000	1 797 000	1 889 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 611 000	1 704 000	1 797 000	1 889 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 611 000	1 704 000	1 797 000	1 889 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	234 000	125 000	30 000
Total Current Assets	288 000	794 000	425 000	104 000
Total Assets	1 899 000	2 498 000	2 222 000	1 993 000
Total Equity	1 408 000	1 439 000	1 647 000	1 523 000
Short-Term Group Debt	398 000	560 000	80 000	0
Total Long-Term Debt	63 000	72 000	79 000	45 000
Creditors	5 000	5 000	0	19 000
Unpaid Taxes	24 000	23 000	15 000	0
Dividends	0	0	0	0
Other Current Debt	0	400 000	400 000	406 000
Total Current Debt	427 000	987 000	495 000	425 000
Total Equity and Debt	1 899 000	2 498 000	2 222 000	1 993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,89 %	18,69 %	11,29 %	−5,12 %
Debt-to-Equity Ratio	0,04	0,05	0,05	0,03
Operating Profit Margin	61,67 %	62,63 %	56 %	−52,63 %
Current Ratio	0,67	0,8	0,86	0,24
Quick Ratio	0,67	0,8	0,86	0,24
Equity Ratio	0,74	0,58	0,74	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %