ØYSTEIN OVESEN AS

2864 FALL

Finances

Return on Equity

−2,52 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	155 000	145 000	144 000
Net Income	−422 000	−425 000	−150 000	114 000
Total Assets	18 941 000	20 664 000	21 817 000	24 126 000
Total Equity	16 753 000	17 696 000	18 920 000	20 781 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	155 000	145 000	144 000
Expenditure	467 000	576 000	335 000	286 000
Operating Profit	−318 000	−422 000	−189 000	−143 000
Financial Income	16 000	596 000	397 000	526 000
Financial Costs	125 000	738 000	361 000	211 000
Financial Balance	−109 000	−142 000	36 000	315 000
Earnings Before Tax	−427 000	−563 000	−153 000	173 000
Tax	−5 000	−139 000	−4 000	59 000
Net Income	−422 000	−425 000	−150 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 095 000	18 399 000	18 527 000	18 863 000
Total Current Assets	846 000	2 265 000	3 290 000	5 262 000
Total Assets	18 941 000	20 664 000	21 817 000	24 126 000
Total Retained Equity	9 272 000	9 265 000	10 489 000	10 639 000
Total Equity	16 753 000	17 696 000	18 920 000	20 781 000
Total Long-Term Debt	1 440 000	2 567 000	2 728 000	3 313 000
Total Current Debt	749 000	400 000	168 000	32 000
Total Equity and Debt	18 941 000	20 664 000	21 817 000	24 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	150 000	155 000	145 000	144 000
Revenue	150 000	155 000	145 000	144 000
Cost of Goods Sold	0	10 000	0	0
Salary Costs	6 000	7 000	0	0
Depreciation	10 000	14 000	15 000	18 000
Impairment	0	0	0	0
Expenditure	467 000	576 000	335 000	286 000
Operating Profit	−318 000	−422 000	−189 000	−143 000
Financial Income	16 000	596 000	397 000	526 000
Financial Costs	125 000	738 000	361 000	211 000
Financial Balance	−109 000	−142 000	36 000	315 000
Dividends	0	0	0	0
Net Income	−422 000	−425 000	−150 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 440 000	3 971 000	3 971 000	3 842 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	10 000	24 000	39 000
Total Tangible Assets	3 440 000	3 981 000	3 995 000	3 881 000
Total Fiancial Fixed Assets	14 655 000	14 418 000	14 532 000	14 983 000
Total Fixed Assets	18 095 000	18 399 000	18 527 000	18 863 000
Stock	0	0	0	0
Total Investments	0	291 000	1 016 000	1 361 000
Cash, Bank	373 000	1 338 000	1 048 000	2 060 000
Total Current Assets	846 000	2 265 000	3 290 000	5 262 000
Total Assets	18 941 000	20 664 000	21 817 000	24 126 000
Total Equity	16 753 000	17 696 000	18 920 000	20 781 000
Short-Term Group Debt	0	279 000	152 000	0
Total Long-Term Debt	1 440 000	2 567 000	2 728 000	3 313 000
Creditors	−13 000	−9 000	0	2 000
Unpaid Taxes	3 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	758 000	112 000	16 000	18 000
Total Current Debt	749 000	400 000	168 000	32 000
Total Equity and Debt	18 941 000	20 664 000	21 817 000	24 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,52 %	−2,4 %	−0,79 %	0,55 %
Debt-to-Equity Ratio	0,09	0,15	0,14	0,16
Operating Profit Margin	−212 %	−272,26 %	−130,34 %	−99,31 %
Current Ratio	1,13	5,66	19,58	164,44
Quick Ratio	1,13	5,66	19,58	164,44
Equity Ratio	0,88	0,86	0,87	0,86
Gross Profit Margin	100 %	93,55 %	100 %	100 %