ØVSTHUS UTVIKLING AS

5710 SKULESTADMO

Finances

Share Ownership

Return on Equity

−23,79 %

Current Ratio

4 582

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	199 000	6 614 000	5 846 000	0
Net Income	−172 000	662 000	−230 000	−221 000
Total Assets	5 782 000	4 745 000	9 238 000	10 460 000
Total Equity	723 000	723 000	561 000	791 000

Income (NOK)	2022	2021	2020	2019
Revenue	199 000	6 614 000	5 846 000	0
Expenditure	235 000	5 494 000	5 734 000	43 000
Operating Profit	−36 000	1 120 000	112 000	−43 000
Financial Income	0	1 000	0	0
Financial Costs	184 000	273 000	407 000	240 000
Financial Balance	−184 000	−272 000	−407 000	−240 000
Earnings Before Tax	−220 000	849 000	−295 000	−283 000
Tax	−48 000	187 000	−65 000	−62 000
Net Income	−172 000	662 000	−230 000	−221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 200 000	0	131 000	217 000
Total Current Assets	4 582 000	4 745 000	9 106 000	10 243 000
Total Assets	5 782 000	4 745 000	9 238 000	10 460 000
Total Retained Equity	0	162 000	0	0
Total Equity	723 000	723 000	561 000	791 000
Total Long-Term Debt	5 058 000	3 144 000	8 639 000	9 592 000
Total Current Debt	1 000	879 000	38 000	77 000
Total Equity and Debt	5 782 000	4 745 000	9 238 000	10 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 000	6 614 000	5 846 000	0
Other Income	0	0	0	0
Revenue	199 000	6 614 000	5 846 000	0
Cost of Goods Sold	218 000	5 456 000	5 691 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	235 000	5 494 000	5 734 000	43 000
Operating Profit	−36 000	1 120 000	112 000	−43 000
Financial Income	0	1 000	0	0
Financial Costs	184 000	273 000	407 000	240 000
Financial Balance	−184 000	−272 000	−407 000	−240 000
Dividends	0	0	0	0
Net Income	−172 000	662 000	−230 000	−221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	131 000	66 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 200 000	0	0	151 000
Total Fixed Assets	1 200 000	0	131 000	217 000
Stock	4 276 000	4 443 000	8 339 000	9 676 000
Total Investments	0	0	0	0
Cash, Bank	73 000	292 000	757 000	284 000
Total Current Assets	4 582 000	4 745 000	9 106 000	10 243 000
Total Assets	5 782 000	4 745 000	9 238 000	10 460 000
Total Equity	723 000	723 000	561 000	791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 058 000	3 144 000	8 639 000	9 592 000
Creditors	0	4 000	34 000	70 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	319 000	4 000	7 000
Total Current Debt	1 000	879 000	38 000	77 000
Total Equity and Debt	5 782 000	4 745 000	9 238 000	10 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,79 %	91,56 %	−41 %	−27,94 %
Debt-to-Equity Ratio	7	4,35	15,4	12,13
Operating Profit Margin	−18,09 %	16,93 %	1,92 %	-
Current Ratio	4 582	5,4	239,63	133,03
Quick Ratio	−1,07	−1,33	−1,1	−1,07
Equity Ratio	0,13	0,15	0,06	0,08
Gross Profit Margin	−9,55 %	17,51 %	2,65 %	-