ØVRE LANGELANDSVEG 26 AS

2208 KONGSVINGER

Finances

Share Ownership

Return on Equity

6,22 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 057 000	727 000	710 000	1 003 000
Net Income	157 000	−248 000	132 000	428 000
Total Assets	4 452 000	4 266 000	4 570 000	4 723 000
Total Equity	2 524 000	2 368 000	2 616 000	2 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 057 000	727 000	710 000	1 003 000
Expenditure	802 000	1 011 000	491 000	389 000
Operating Profit	255 000	−284 000	219 000	614 000
Financial Income	4 000	8 000	8 000	9 000
Financial Costs	58 000	42 000	58 000	75 000
Financial Balance	−54 000	−34 000	−50 000	−66 000
Earnings Before Tax	201 000	−318 000	169 000	549 000
Tax	44 000	−70 000	37 000	121 000
Net Income	157 000	−248 000	132 000	428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 684 000	3 780 000	3 917 000	3 960 000
Total Current Assets	768 000	486 000	654 000	763 000
Total Assets	4 452 000	4 266 000	4 570 000	4 723 000
Total Retained Equity	1 705 000	1 549 000	1 797 000	1 813 000
Total Equity	2 524 000	2 368 000	2 616 000	2 632 000
Total Long-Term Debt	1 632 000	1 626 000	1 733 000	1 952 000
Total Current Debt	295 000	272 000	222 000	139 000
Total Equity and Debt	4 452 000	4 266 000	4 570 000	4 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 057 000	727 000	710 000	1 003 000
Revenue	1 057 000	727 000	710 000	1 003 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	1 000	0	−2 000
Depreciation	138 000	137 000	43 000	47 000
Impairment	0	0	0	0
Expenditure	802 000	1 011 000	491 000	389 000
Operating Profit	255 000	−284 000	219 000	614 000
Financial Income	4 000	8 000	8 000	9 000
Financial Costs	58 000	42 000	58 000	75 000
Financial Balance	−54 000	−34 000	−50 000	−66 000
Dividends	0	0	0	0
Net Income	157 000	−248 000	132 000	428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 615 000	3 708 000	3 801 000	3 801 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	72 000	115 000	159 000
Total Tangible Assets	3 684 000	3 780 000	3 917 000	3 960 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 684 000	3 780 000	3 917 000	3 960 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	706 000	440 000	589 000	670 000
Total Current Assets	768 000	486 000	654 000	763 000
Total Assets	4 452 000	4 266 000	4 570 000	4 723 000
Total Equity	2 524 000	2 368 000	2 616 000	2 632 000
Short-Term Group Debt	190 000	190 000	200 000	0
Total Long-Term Debt	1 632 000	1 626 000	1 733 000	1 952 000
Creditors	9 000	18 000	5 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	64 000	17 000	6 000
Total Current Debt	295 000	272 000	222 000	139 000
Total Equity and Debt	4 452 000	4 266 000	4 570 000	4 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,22 %	−10,47 %	5,05 %	16,26 %
Debt-to-Equity Ratio	0,65	0,69	0,66	0,74
Operating Profit Margin	24,12 %	−39,06 %	30,85 %	61,22 %
Current Ratio	2,6	1,79	2,95	5,49
Quick Ratio	2,6	1,79	2,95	5,49
Equity Ratio	0,57	0,56	0,57	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %