OVE ELLINGSEN AS

5174 MATHOPEN

Finances

Share Ownership

Return on Equity

2,17 %

Current Ratio

0,79

Debt-to-Equity Ratio

−1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 509 000	1 326 000	1 490 000	1 502 000
Net Income	−101 000	−279 000	120 000	−69 000
Total Assets	3 642 000	3 666 000	3 672 000	3 940 000
Total Equity	−4 647 000	−4 546 000	−4 267 000	−4 386 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 509 000	1 326 000	1 490 000	1 502 000
Expenditure	1 231 000	1 332 000	1 061 000	1 214 000
Operating Profit	277 000	−6 000	429 000	288 000
Financial Income	0	0	0	1 000
Financial Costs	379 000	274 000	310 000	358 000
Financial Balance	−379 000	−274 000	−310 000	−357 000
Earnings Before Tax	−101 000	−279 000	120 000	−69 000
Tax	0	0	0	0
Net Income	−101 000	−279 000	120 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 185 000	3 322 000	3 204 000	3 316 000
Total Current Assets	457 000	345 000	468 000	624 000
Total Assets	3 642 000	3 666 000	3 672 000	3 940 000
Total Retained Equity	−4 747 000	−4 646 000	−4 367 000	−4 486 000
Total Equity	−4 647 000	−4 546 000	−4 267 000	−4 386 000
Total Long-Term Debt	7 713 000	7 763 000	7 750 000	7 850 000
Total Current Debt	577 000	450 000	189 000	477 000
Total Equity and Debt	3 642 000	3 666 000	3 672 000	3 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 000	0	0	0
Other Income	1 462 000	1 326 000	1 490 000	1 502 000
Revenue	1 509 000	1 326 000	1 490 000	1 502 000
Cost of Goods Sold	0	0	0	0
Salary Costs	399 000	581 000	439 000	466 000
Depreciation	136 000	170 000	112 000	112 000
Impairment	0	0	0	0
Expenditure	1 231 000	1 332 000	1 061 000	1 214 000
Operating Profit	277 000	−6 000	429 000	288 000
Financial Income	0	0	0	1 000
Financial Costs	379 000	274 000	310 000	358 000
Financial Balance	−379 000	−274 000	−310 000	−357 000
Dividends	0	0	0	0
Net Income	−101 000	−279 000	120 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 988 000	3 067 000	3 146 000	3 225 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	197 000	255 000	58 000	91 000
Total Tangible Assets	3 185 000	3 322 000	3 204 000	3 316 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 185 000	3 322 000	3 204 000	3 316 000
Stock	10 000	0	25 000	22 000
Total Investments	0	0	0	0
Cash, Bank	66 000	170 000	234 000	324 000
Total Current Assets	457 000	345 000	468 000	624 000
Total Assets	3 642 000	3 666 000	3 672 000	3 940 000
Total Equity	−4 647 000	−4 546 000	−4 267 000	−4 386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 713 000	7 763 000	7 750 000	7 850 000
Creditors	23 000	23 000	32 000	31 000
Unpaid Taxes	135 000	81 000	35 000	93 000
Dividends	0	0	0	0
Other Current Debt	419 000	346 000	121 000	353 000
Total Current Debt	577 000	450 000	189 000	477 000
Total Equity and Debt	3 642 000	3 666 000	3 672 000	3 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,17 %	6,14 %	−2,81 %	1,57 %
Debt-to-Equity Ratio	−1,66	−1,71	−1,82	−1,79
Operating Profit Margin	18,36 %	−0,45 %	28,79 %	19,17 %
Current Ratio	0,79	0,77	2,48	1,31
Quick Ratio	0,81	0,77	2,85	1,37
Equity Ratio	−1,28	−1,24	−1,16	−1,11
Gross Profit Margin	100 %	100 %	100 %	100 %