ØYRAVANGEN AS

6265 VATNE

Finances

Share Ownership

Return on Equity

−16,46 %

Current Ratio

1,3

Debt-to-Equity Ratio

3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 719 000	1 565 000	1 518 000	2 361 000
Net Income	−624 000	−181 000	−55 000	272 000
Total Assets	17 625 000	25 207 000	14 384 000	14 683 000
Total Equity	3 790 000	4 414 000	4 595 000	4 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 719 000	1 565 000	1 518 000	2 361 000
Expenditure	9 682 000	1 238 000	1 294 000	1 664 000
Operating Profit	37 000	327 000	223 000	697 000
Financial Income	0	0	0	0
Financial Costs	837 000	559 000	294 000	349 000
Financial Balance	−837 000	−559 000	−294 000	−349 000
Earnings Before Tax	−800 000	−232 000	−70 000	349 000
Tax	−176 000	−51 000	−15 000	77 000
Net Income	−624 000	−181 000	−55 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 947 000	13 504 000	13 941 000	13 963 000
Total Current Assets	2 678 000	11 703 000	443 000	721 000
Total Assets	17 625 000	25 207 000	14 384 000	14 683 000
Total Retained Equity	−211 000	413 000	594 000	760 000
Total Equity	3 790 000	4 414 000	4 595 000	4 761 000
Total Long-Term Debt	11 774 000	9 836 000	7 177 000	7 414 000
Total Current Debt	2 061 000	10 956 000	2 611 000	2 508 000
Total Equity and Debt	17 625 000	25 207 000	14 384 000	14 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 184 000	0	0	0
Other Income	1 535 000	1 565 000	1 518 000	2 361 000
Revenue	9 719 000	1 565 000	1 518 000	2 361 000
Cost of Goods Sold	8 270 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	884 000	892 000	880 000	865 000
Impairment	0	0	0	0
Expenditure	9 682 000	1 238 000	1 294 000	1 664 000
Operating Profit	37 000	327 000	223 000	697 000
Financial Income	0	0	0	0
Financial Costs	837 000	559 000	294 000	349 000
Financial Balance	−837 000	−559 000	−294 000	−349 000
Dividends	0	0	0	0
Net Income	−624 000	−181 000	−55 000	272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	766 000	590 000	469 000	350 000
Real Eastate	12 314 000	11 050 000	12 109 000	12 245 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 314 000	11 050 000	12 109 000	12 245 000
Total Fiancial Fixed Assets	1 867 000	1 863 000	1 363 000	1 367 000
Total Fixed Assets	14 947 000	13 504 000	13 941 000	13 963 000
Stock	2 449 000	11 216 000	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	368 000	243 000	296 000
Total Current Assets	2 678 000	11 703 000	443 000	721 000
Total Assets	17 625 000	25 207 000	14 384 000	14 683 000
Total Equity	3 790 000	4 414 000	4 595 000	4 761 000
Short-Term Group Debt	1 897 000	2 037 000	2 387 000	0
Total Long-Term Debt	11 774 000	9 836 000	7 177 000	7 414 000
Creditors	12 000	1 067 000	16 000	588 000
Unpaid Taxes	12 000	66 000	59 000	0
Dividends	0	0	0	0
Other Current Debt	139 000	38 000	47 000	1 816 000
Total Current Debt	2 061 000	10 956 000	2 611 000	2 508 000
Total Equity and Debt	17 625 000	25 207 000	14 384 000	14 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,46 %	−4,1 %	−1,2 %	5,71 %
Debt-to-Equity Ratio	3,11	2,23	1,56	1,56
Operating Profit Margin	0,38 %	20,89 %	14,69 %	29,52 %
Current Ratio	1,3	1,07	0,17	0,29
Quick Ratio	−6,9	−45,01	0,17	0,29
Equity Ratio	0,22	0,18	0,32	0,32
Gross Profit Margin	14,91 %	100 %	100 %	100 %