ØVRE SMESTADVEI 1 AS

0661 OSLO

Finances

Share Ownership

Return on Equity

31,74 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	940 000	932 000	840 000	746 000
Net Income	206 000	266 000	273 000	29 000
Total Assets	1 012 000	1 074 000	1 076 000	674 000
Total Equity	649 000	653 000	642 000	643 000

Income (NOK)	2022	2021	2020	2019
Revenue	940 000	932 000	840 000	746 000
Expenditure	681 000	591 000	490 000	705 000
Operating Profit	259 000	341 000	350 000	40 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Earnings Before Tax	264 000	341 000	350 000	40 000
Tax	58 000	75 000	77 000	12 000
Net Income	206 000	266 000	273 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	538 000	564 000	446 000	525 000
Total Current Assets	473 000	509 000	630 000	149 000
Total Assets	1 012 000	1 074 000	1 076 000	674 000
Total Retained Equity	35 000	39 000	29 000	0
Total Equity	649 000	653 000	642 000	643 000
Total Long-Term Debt	5 000	7 000	4 000	4 000
Total Current Debt	357 000	414 000	430 000	28 000
Total Equity and Debt	1 012 000	1 074 000	1 076 000	674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	940 000	932 000	829 000	746 000
Other Income	0	0	11 000	0
Revenue	940 000	932 000	840 000	746 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	26 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	681 000	591 000	490 000	705 000
Operating Profit	259 000	341 000	350 000	40 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Dividends	0	0	0	0
Net Income	206 000	266 000	273 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	358 000	358 000	358 000	358 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	92 000	118 000	0	0
Total Tangible Assets	450 000	476 000	358 000	358 000
Total Fiancial Fixed Assets	88 000	88 000	88 000	167 000
Total Fixed Assets	538 000	564 000	446 000	525 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	149 000
Total Current Assets	473 000	509 000	630 000	149 000
Total Assets	1 012 000	1 074 000	1 076 000	674 000
Total Equity	649 000	653 000	642 000	643 000
Short-Term Group Debt	269 000	0	0	0
Total Long-Term Debt	5 000	7 000	4 000	4 000
Creditors	82 000	51 000	64 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	363 000	366 000	20 000
Total Current Debt	357 000	414 000	430 000	28 000
Total Equity and Debt	1 012 000	1 074 000	1 076 000	674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,74 %	40,74 %	42,52 %	4,51 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	27,55 %	36,59 %	41,67 %	5,36 %
Current Ratio	1,32	1,23	1,47	5,32
Quick Ratio	1,32	1,23	1,47	5,32
Equity Ratio	0,64	0,61	0,6	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %