OVIK EIENDOM AS

8402 SORTLAND

Finances

Return on Equity

0,83 %

Current Ratio

2,91

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 000	9 719 000	1 101 000	1 260 000
Net Income	139 000	6 751 000	8 707 000	1 965 000
Total Assets	21 897 000	28 221 000	25 746 000	17 271 000
Total Equity	16 732 000	16 593 000	9 842 000	1 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 000	9 719 000	1 101 000	1 260 000
Expenditure	103 000	578 000	570 000	608 000
Operating Profit	−4 000	9 141 000	531 000	652 000
Financial Income	348 000	302 000	8 405 000	1 605 000
Financial Costs	165 000	788 000	142 000	190 000
Financial Balance	183 000	−486 000	8 263 000	1 415 000
Earnings Before Tax	178 000	8 655 000	8 794 000	2 067 000
Tax	39 000	1 904 000	87 000	102 000
Net Income	139 000	6 751 000	8 707 000	1 965 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 137 000	10 137 000	12 902 000	13 292 000
Total Current Assets	11 760 000	18 084 000	12 844 000	3 979 000
Total Assets	21 897 000	28 221 000	25 746 000	17 271 000
Total Retained Equity	16 702 000	16 563 000	9 812 000	1 105 000
Total Equity	16 732 000	16 593 000	9 842 000	1 135 000
Total Long-Term Debt	1 121 000	1 477 000	5 597 000	5 828 000
Total Current Debt	4 044 000	10 151 000	10 306 000	10 308 000
Total Equity and Debt	21 897 000	28 221 000	25 746 000	17 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	0	0
Other Income	99 000	9 718 000	1 101 000	1 260 000
Revenue	99 000	9 719 000	1 101 000	1 260 000
Cost of Goods Sold	0	8 000	−8 000	0
Salary Costs	0	0	0	0
Depreciation	0	328 000	408 000	408 000
Impairment	0	0	0	0
Expenditure	103 000	578 000	570 000	608 000
Operating Profit	−4 000	9 141 000	531 000	652 000
Financial Income	348 000	302 000	8 405 000	1 605 000
Financial Costs	165 000	788 000	142 000	190 000
Financial Balance	183 000	−486 000	8 263 000	1 415 000
Dividends	0	0	0	0
Net Income	139 000	6 751 000	8 707 000	1 965 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	17 000	0
Real Eastate	3 696 000	3 696 000	6 363 000	6 691 000
Machinery and Plant Facilities	0	0	80 000	161 000
Fixtures	0	0	0	0
Total Tangible Assets	3 696 000	3 696 000	6 444 000	6 852 000
Total Fiancial Fixed Assets	6 440 000	6 440 000	6 440 000	6 440 000
Total Fixed Assets	10 137 000	10 137 000	12 902 000	13 292 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 345 000	9 644 000	1 311 000	2 343 000
Total Current Assets	11 760 000	18 084 000	12 844 000	3 979 000
Total Assets	21 897 000	28 221 000	25 746 000	17 271 000
Total Equity	16 732 000	16 593 000	9 842 000	1 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 121 000	1 477 000	5 597 000	5 828 000
Creditors	5 000	67 000	40 000	13 000
Unpaid Taxes	0	0	38 000	56 000
Dividends	0	0	0	0
Other Current Debt	3 644 000	9 673 000	10 105 000	10 105 000
Total Current Debt	4 044 000	10 151 000	10 306 000	10 308 000
Total Equity and Debt	21 897 000	28 221 000	25 746 000	17 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,83 %	40,69 %	88,47 %	173,13 %
Debt-to-Equity Ratio	0,07	0,09	0,57	5,13
Operating Profit Margin	−4,04 %	94,05 %	48,23 %	51,75 %
Current Ratio	2,91	1,78	1,25	0,39
Quick Ratio	2,91	1,78	1,25	0,39
Equity Ratio	0,76	0,59	0,38	0,07
Gross Profit Margin	100 %	99,92 %	100,73 %	100 %