ØVRE VEITVET BORETTSLAG

0596 OSLO

Finances

Share Ownership

Return on Equity

−3,87 %

Current Ratio

5,32

Debt-to-Equity Ratio

−1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 224 000	12 129 000	11 932 000	11 849 000
Net Income	2 423 000	5 515 000	4 720 000	−14 360 000
Total Assets	15 254 000	18 169 000	16 842 000	15 841 000
Total Equity	−62 586 000	−65 009 000	−70 524 000	−75 244 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 224 000	12 129 000	11 932 000	11 849 000
Expenditure	8 188 000	5 237 000	5 288 000	24 043 000
Operating Profit	4 037 000	6 892 000	6 645 000	−12 194 000
Financial Income	18 000	48 000	56 000	41 000
Financial Costs	1 631 000	1 425 000	1 980 000	2 207 000
Financial Balance	−1 613 000	−1 377 000	−1 924 000	−2 166 000
Earnings Before Tax	2 423 000	5 515 000	4 720 000	−14 360 000
Tax	0	0	0	0
Net Income	2 423 000	5 515 000	4 720 000	−14 360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 677 000	7 745 000	7 863 000	7 861 000
Total Current Assets	7 577 000	10 424 000	8 979 000	7 980 000
Total Assets	15 254 000	18 169 000	16 842 000	15 841 000
Total Retained Equity	−62 608 000	−67 811 000	−70 546 000	−75 266 000
Total Equity	−62 586 000	−65 009 000	−70 524 000	−75 244 000
Total Long-Term Debt	76 417 000	82 234 000	85 833 000	89 132 000
Total Current Debt	1 423 000	944 000	1 533 000	1 952 000
Total Equity and Debt	15 254 000	18 169 000	16 842 000	15 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 224 000	12 021 000	0	0
Other Income	0	108 000	11 932 000	11 849 000
Revenue	12 224 000	12 129 000	11 932 000	11 849 000
Cost of Goods Sold	0	0	0	0
Salary Costs	357 000	268 000	245 000	262 000
Depreciation	68 000	0	88 000	67 000
Impairment	0	0	0	0
Expenditure	8 188 000	5 237 000	5 288 000	24 043 000
Operating Profit	4 037 000	6 892 000	6 645 000	−12 194 000
Financial Income	18 000	48 000	56 000	41 000
Financial Costs	1 631 000	1 425 000	1 980 000	2 207 000
Financial Balance	−1 613 000	−1 377 000	−1 924 000	−2 166 000
Dividends	0	0	0	0
Net Income	2 423 000	5 515 000	4 720 000	−14 360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 647 000	7 647 000	7 647 000	7 647 000
Machinery and Plant Facilities	0	98 000	0	0
Fixtures	30 000	0	216 000	214 000
Total Tangible Assets	7 677 000	7 745 000	7 863 000	7 861 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 677 000	7 745 000	7 863 000	7 861 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 035 000	10 307 000	8 905 000	7 399 000
Total Current Assets	7 577 000	10 424 000	8 979 000	7 980 000
Total Assets	15 254 000	18 169 000	16 842 000	15 841 000
Total Equity	−62 586 000	−65 009 000	−70 524 000	−75 244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 417 000	82 234 000	85 833 000	89 132 000
Creditors	894 000	57 000	336 000	759 000
Unpaid Taxes	51 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	479 000	887 000	203 000	196 000
Total Current Debt	1 423 000	944 000	1 533 000	1 952 000
Total Equity and Debt	15 254 000	18 169 000	16 842 000	15 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,87 %	−8,48 %	−6,69 %	19,08 %
Debt-to-Equity Ratio	−1,22	−1,26	−1,22	−1,18
Operating Profit Margin	33,03 %	56,82 %	55,69 %	−102,91 %
Current Ratio	5,32	11,04	5,86	4,09
Quick Ratio	5,32	11,04	5,86	4,09
Equity Ratio	−4,1	−3,58	−4,19	−4,75
Gross Profit Margin	100 %	100 %	100 %	100 %