ØVRE LANGGT 20 AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

3,05 %

Current Ratio

35,95

Debt-to-Equity Ratio

4,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 006 000	1 971 000	2 076 000	2 093 000
Net Income	110 000	356 000	579 000	375 000
Total Assets	19 520 000	17 197 000	17 354 000	15 830 000
Total Equity	3 601 000	3 491 000	3 135 000	2 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 006 000	1 971 000	2 076 000	2 093 000
Expenditure	1 280 000	1 193 000	842 000	1 105 000
Operating Profit	726 000	779 000	1 234 000	989 000
Financial Income	0	0	22 000	0
Financial Costs	585 000	322 000	513 000	508 000
Financial Balance	−585 000	−322 000	−491 000	−508 000
Earnings Before Tax	142 000	457 000	743 000	481 000
Tax	32 000	100 000	164 000	106 000
Net Income	110 000	356 000	579 000	375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 034 000	16 066 000	16 493 000	14 773 000
Total Current Assets	3 487 000	1 130 000	861 000	1 057 000
Total Assets	19 520 000	17 197 000	17 354 000	15 830 000
Total Retained Equity	3 056 000	2 946 000	2 589 000	2 011 000
Total Equity	3 601 000	3 491 000	3 135 000	2 556 000
Total Long-Term Debt	15 823 000	13 488 000	13 760 000	12 794 000
Total Current Debt	97 000	218 000	459 000	480 000
Total Equity and Debt	19 520 000	17 197 000	17 354 000	15 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 006 000	1 971 000	2 076 000	2 093 000
Revenue	2 006 000	1 971 000	2 076 000	2 093 000
Cost of Goods Sold	0	0	0	0
Salary Costs	368 000	310 000	143 000	423 000
Depreciation	33 000	33 000	32 000	31 000
Impairment	0	0	0	0
Expenditure	1 280 000	1 193 000	842 000	1 105 000
Operating Profit	726 000	779 000	1 234 000	989 000
Financial Income	0	0	22 000	0
Financial Costs	585 000	322 000	513 000	508 000
Financial Balance	−585 000	−322 000	−491 000	−508 000
Dividends	0	0	0	0
Net Income	110 000	356 000	579 000	375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 457 000	12 485 000	12 513 000	12 540 000
Machinery and Plant Facilities	6 000	11 000	16 000	0
Fixtures	2 200 000	2 200 000	2 200 000	2 221 000
Total Tangible Assets	14 663 000	14 696 000	14 729 000	14 761 000
Total Fiancial Fixed Assets	1 370 000	1 370 000	1 764 000	12 000
Total Fixed Assets	16 034 000	16 066 000	16 493 000	14 773 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	72 000	110 000	32 000
Total Current Assets	3 487 000	1 130 000	861 000	1 057 000
Total Assets	19 520 000	17 197 000	17 354 000	15 830 000
Total Equity	3 601 000	3 491 000	3 135 000	2 556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 823 000	13 488 000	13 760 000	12 794 000
Creditors	0	21 000	45 000	79 000
Unpaid Taxes	31 000	38 000	3 000	72 000
Dividends	0	0	0	0
Other Current Debt	33 000	66 000	248 000	224 000
Total Current Debt	97 000	218 000	459 000	480 000
Total Equity and Debt	19 520 000	17 197 000	17 354 000	15 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,05 %	10,2 %	18,47 %	14,67 %
Debt-to-Equity Ratio	4,39	3,86	4,39	5,01
Operating Profit Margin	36,19 %	39,52 %	59,44 %	47,25 %
Current Ratio	35,95	5,18	1,88	2,2
Quick Ratio	35,95	5,18	1,88	2,2
Equity Ratio	0,18	0,2	0,18	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %