ØVRE TVEITEN BORETTSLAG

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

13,2 %

Current Ratio

6,94

Debt-to-Equity Ratio

128,55

Key figures (NOK)	2022	2021	2020
Revenue	1 454 000	1 276 000	857 000
Net Income	54 000	83 000	121 000
Total Assets	53 048 000	52 988 000	52 902 000
Total Equity	409 000	355 000	271 000

Income (NOK)	2022	2021	2020
Revenue	1 454 000	1 276 000	857 000
Expenditure	653 000	624 000	329 000
Operating Profit	801 000	652 000	528 000
Financial Income	0	0	0
Financial Costs	746 000	568 000	407 000
Financial Balance	−746 000	−568 000	−407 000
Earnings Before Tax	801 000	652 000	528 000
Tax	0	0	0
Net Income	54 000	83 000	121 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	52 603 000	52 611 000	52 575 000
Total Current Assets	444 000	377 000	327 000
Total Assets	53 048 000	52 988 000	52 902 000
Total Retained Equity	259 000	205 000	121 000
Total Equity	409 000	355 000	271 000
Total Long-Term Debt	52 575 000	52 576 000	52 577 000
Total Current Debt	64 000	58 000	55 000
Total Equity and Debt	53 048 000	52 988 000	52 902 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 454 000	1 276 000	857 000
Revenue	1 454 000	1 276 000	857 000
Cost of Goods Sold	0	0	0
Salary Costs	11 000	11 000	0
Depreciation	8 000	2 000	0
Impairment	0	0	0
Expenditure	653 000	624 000	329 000
Operating Profit	801 000	652 000	528 000
Financial Income	0	0	0
Financial Costs	746 000	568 000	407 000
Financial Balance	−746 000	−568 000	−407 000
Dividends	0	0	0
Net Income	54 000	83 000	121 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	52 575 000	52 575 000	52 575 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	52 575 000	52 575 000	52 575 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	52 603 000	52 611 000	52 575 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	380 000	325 000	287 000
Total Current Assets	444 000	377 000	327 000
Total Assets	53 048 000	52 988 000	52 902 000
Total Equity	409 000	355 000	271 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	52 575 000	52 576 000	52 577 000
Creditors	61 000	57 000	53 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	3 000	2 000	2 000
Total Current Debt	64 000	58 000	55 000
Total Equity and Debt	53 048 000	52 988 000	52 902 000

Financial indicators	2022	2021	2020
Return on Equity	13,2 %	23,38 %	44,65 %
Debt-to-Equity Ratio	128,55	148,1	194,01
Operating Profit Margin	55,09 %	51,1 %	61,61 %
Current Ratio	6,94	6,5	5,95
Quick Ratio	6,94	6,5	5,95
Equity Ratio	0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %