OFOTBANENS BORETTSLAG

8514 NARVIK

Finances

Share Ownership

Return on Equity

−8,14 %

Current Ratio

6,29

Debt-to-Equity Ratio

−1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	567 000	551 000	529 000	505 000
Net Income	111 000	152 000	94 000	23 000
Total Assets	960 000	973 000	965 000	849 000
Total Equity	−1 363 000	−1 474 000	−1 626 000	−1 721 000

Income (NOK)	2022	2021	2020	2019
Revenue	567 000	551 000	529 000	505 000
Expenditure	407 000	364 000	392 000	431 000
Operating Profit	160 000	187 000	137 000	74 000
Financial Income	0	0	0	0
Financial Costs	49 000	35 000	43 000	50 000
Financial Balance	−49 000	−35 000	−43 000	−50 000
Earnings Before Tax	111 000	152 000	94 000	23 000
Tax	0	0	0	0
Net Income	111 000	152 000	94 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	915 000	915 000	779 000	779 000
Total Current Assets	44 000	58 000	185 000	69 000
Total Assets	960 000	973 000	965 000	849 000
Total Retained Equity	−1 363 000	−1 474 000	−1 626 000	−1 721 000
Total Equity	−1 363 000	−1 474 000	−1 626 000	−1 721 000
Total Long-Term Debt	1 767 000	1 893 000	2 024 000	2 151 000
Total Current Debt	7 000	6 000	155 000	7 000
Total Equity and Debt	960 000	973 000	965 000	849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	567 000	551 000	529 000	505 000
Revenue	567 000	551 000	529 000	505 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 000	22 000	22 000	22 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	407 000	364 000	392 000	431 000
Operating Profit	160 000	187 000	137 000	74 000
Financial Income	0	0	0	0
Financial Costs	49 000	35 000	43 000	50 000
Financial Balance	−49 000	−35 000	−43 000	−50 000
Dividends	0	0	0	0
Net Income	111 000	152 000	94 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	367 000	367 000	367 000	367 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	367 000	367 000	367 000	367 000
Total Fiancial Fixed Assets	548 000	548 000	412 000	412 000
Total Fixed Assets	915 000	915 000	779 000	779 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	58 000	185 000	69 000
Total Current Assets	44 000	58 000	185 000	69 000
Total Assets	960 000	973 000	965 000	849 000
Total Equity	−1 363 000	−1 474 000	−1 626 000	−1 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 767 000	1 893 000	2 024 000	2 151 000
Creditors	1 000	1 000	150 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	5 000	5 000	5 000
Total Current Debt	7 000	6 000	155 000	7 000
Total Equity and Debt	960 000	973 000	965 000	849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,14 %	−10,31 %	−5,78 %	−1,34 %
Debt-to-Equity Ratio	−1,3	−1,28	−1,24	−1,25
Operating Profit Margin	28,22 %	33,94 %	25,9 %	14,65 %
Current Ratio	6,29	9,67	1,19	9,86
Quick Ratio	6,29	9,67	1,19	9,86
Equity Ratio	−1,42	−1,51	−1,68	−2,03
Gross Profit Margin	100 %	100 %	100 %	100 %