OFOTBANENS BORETTSLAG FAGERNES AL

8514 NARVIK

Finances

Share Ownership

Return on Equity

4,26 %

Current Ratio

9,53

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 376 000	2 476 000	2 268 000	2 050 000
Net Income	275 000	554 000	25 000	519 000
Total Assets	22 094 000	22 098 000	21 724 000	21 357 000
Total Equity	6 461 000	6 186 000	5 632 000	5 607 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 376 000	2 476 000	2 268 000	2 050 000
Expenditure	1 663 000	1 639 000	1 890 000	1 115 000
Operating Profit	713 000	837 000	379 000	935 000
Financial Income	1 000	1 000	2 000	5 000
Financial Costs	439 000	284 000	356 000	421 000
Financial Balance	−438 000	−283 000	−354 000	−416 000
Earnings Before Tax	275 000	554 000	25 000	519 000
Tax	0	0	0	0
Net Income	275 000	554 000	25 000	519 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 541 000	21 441 000	21 191 000	21 051 000
Total Current Assets	553 000	657 000	533 000	306 000
Total Assets	22 094 000	22 098 000	21 724 000	21 357 000
Total Retained Equity	6 461 000	6 186 000	5 632 000	5 607 000
Total Equity	6 461 000	6 186 000	5 632 000	5 607 000
Total Long-Term Debt	15 085 000	15 474 000	15 895 000	15 702 000
Total Current Debt	58 000	48 000	57 000	48 000
Total Equity and Debt	22 094 000	22 098 000	21 724 000	21 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 376 000	2 476 000	2 268 000	2 050 000
Revenue	2 376 000	2 476 000	2 268 000	2 050 000
Cost of Goods Sold	0	0	0	0
Salary Costs	47 000	0	12 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 663 000	1 639 000	1 890 000	1 115 000
Operating Profit	713 000	837 000	379 000	935 000
Financial Income	1 000	1 000	2 000	5 000
Financial Costs	439 000	284 000	356 000	421 000
Financial Balance	−438 000	−283 000	−354 000	−416 000
Dividends	0	0	0	0
Net Income	275 000	554 000	25 000	519 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 051 000	21 051 000	21 051 000	21 051 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 051 000	21 051 000	21 051 000	21 051 000
Total Fiancial Fixed Assets	490 000	390 000	140 000	0
Total Fixed Assets	21 541 000	21 441 000	21 191 000	21 051 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	364 000	402 000	391 000	82 000
Total Current Assets	553 000	657 000	533 000	306 000
Total Assets	22 094 000	22 098 000	21 724 000	21 357 000
Total Equity	6 461 000	6 186 000	5 632 000	5 607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 085 000	15 474 000	15 895 000	15 702 000
Creditors	0	14 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	34 000	57 000	48 000
Total Current Debt	58 000	48 000	57 000	48 000
Total Equity and Debt	22 094 000	22 098 000	21 724 000	21 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,26 %	8,96 %	0,44 %	9,26 %
Debt-to-Equity Ratio	2,33	2,5	2,82	2,8
Operating Profit Margin	30,01 %	33,8 %	16,71 %	45,61 %
Current Ratio	9,53	13,69	9,35	6,38
Quick Ratio	9,53	13,69	9,35	6,38
Equity Ratio	0,29	0,28	0,26	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %