ØVREHAGEN 2 AS

5580 ØLEN

Finances

Share Ownership

Return on Equity

35,39 %

Current Ratio

0,99

Debt-to-Equity Ratio

5,99

Key figures (NOK)	2022	2021	2020
Revenue	21 248 000	20 263 000	7 000 000
Net Income	6 911 000	7 121 000	2 266 000
Total Assets	139 059 000	146 488 000	161 207 000
Total Equity	19 529 000	12 618 000	5 497 000

Income (NOK)	2022	2021	2020
Revenue	21 248 000	20 263 000	7 000 000
Expenditure	8 542 000	8 573 000	3 060 000
Operating Profit	12 706 000	11 690 000	3 940 000
Financial Income	0	0	1 000
Financial Costs	3 845 000	2 561 000	1 035 000
Financial Balance	−3 845 000	−2 561 000	−1 034 000
Earnings Before Tax	8 861 000	9 130 000	2 906 000
Tax	1 950 000	2 008 000	639 000
Net Income	6 911 000	7 121 000	2 266 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	136 629 000	143 573 000	148 903 000
Total Current Assets	2 430 000	2 915 000	12 303 000
Total Assets	139 059 000	146 488 000	161 207 000
Total Retained Equity	16 298 000	9 387 000	2 266 000
Total Equity	19 529 000	12 618 000	5 497 000
Total Long-Term Debt	117 072 000	131 527 000	154 726 000
Total Current Debt	2 458 000	2 343 000	983 000
Total Equity and Debt	139 059 000	146 488 000	161 207 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	21 248 000	20 263 000	7 000 000
Revenue	21 248 000	20 263 000	7 000 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	6 944 000	7 073 000	2 821 000
Impairment	0	0	0
Expenditure	8 542 000	8 573 000	3 060 000
Operating Profit	12 706 000	11 690 000	3 940 000
Financial Income	0	0	1 000
Financial Costs	3 845 000	2 561 000	1 035 000
Financial Balance	−3 845 000	−2 561 000	−1 034 000
Dividends	0	0	0
Net Income	6 911 000	7 121 000	2 266 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	136 629 000	143 573 000	148 903 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	136 629 000	143 573 000	148 903 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	136 629 000	143 573 000	148 903 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	2 430 000	2 915 000	12 303 000
Total Assets	139 059 000	146 488 000	161 207 000
Total Equity	19 529 000	12 618 000	5 497 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	117 072 000	131 527 000	154 726 000
Creditors	10 000	2 000	209 000
Unpaid Taxes	809 000	774 000	775 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	2 458 000	2 343 000	983 000
Total Equity and Debt	139 059 000	146 488 000	161 207 000

Financial indicators	2022	2021	2020
Return on Equity	35,39 %	56,44 %	41,22 %
Debt-to-Equity Ratio	5,99	10,42	28,15
Operating Profit Margin	59,8 %	57,69 %	56,29 %
Current Ratio	0,99	1,24	12,52
Quick Ratio	0,99	1,24	12,52
Equity Ratio	0,14	0,09	0,03
Gross Profit Margin	100 %	100 %	100 %