ØKLAND INVEST AS

6900 FLORØ

Finances

Return on Equity

−20,63 %

Current Ratio

6,01

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 390 000	1 484 000	1 518 000	3 296 000
Net Income	−1 198 000	−196 000	−4 765 000	700 000
Total Assets	12 217 000	13 505 000	14 230 000	19 253 000
Total Equity	5 807 000	7 005 000	7 901 000	12 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 390 000	1 484 000	1 518 000	3 296 000
Expenditure	1 874 000	1 988 000	1 599 000	1 557 000
Operating Profit	−483 000	−503 000	−81 000	1 739 000
Financial Income	118 000	393 000	5 411 000	41 000
Financial Costs	842 000	225 000	10 083 000	756 000
Financial Balance	−724 000	168 000	−4 672 000	−715 000
Earnings Before Tax	−1 207 000	−335 000	−4 753 000	1 023 000
Tax	−9 000	−139 000	12 000	323 000
Net Income	−1 198 000	−196 000	−4 765 000	700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 754 000	9 934 000	10 142 000	16 752 000
Total Current Assets	2 463 000	3 570 000	4 088 000	2 501 000
Total Assets	12 217 000	13 505 000	14 230 000	19 253 000
Total Retained Equity	5 307 000	6 505 000	7 401 000	12 266 000
Total Equity	5 807 000	7 005 000	7 901 000	12 766 000
Total Long-Term Debt	6 000 000	5 649 000	6 029 000	6 136 000
Total Current Debt	410 000	850 000	300 000	351 000
Total Equity and Debt	12 217 000	13 505 000	14 230 000	19 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 390 000	1 484 000	1 518 000	3 296 000
Revenue	1 390 000	1 484 000	1 518 000	3 296 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 069 000	888 000	955 000	872 000
Depreciation	160 000	160 000	160 000	146 000
Impairment	0	0	0	0
Expenditure	1 874 000	1 988 000	1 599 000	1 557 000
Operating Profit	−483 000	−503 000	−81 000	1 739 000
Financial Income	118 000	393 000	5 411 000	41 000
Financial Costs	842 000	225 000	10 083 000	756 000
Financial Balance	−724 000	168 000	−4 672 000	−715 000
Dividends	0	0	100 000	0
Net Income	−1 198 000	−196 000	−4 765 000	700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 583 000	4 743 000	4 902 000	5 018 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 583 000	4 743 000	4 902 000	5 018 000
Total Fiancial Fixed Assets	5 171 000	5 192 000	5 240 000	11 734 000
Total Fixed Assets	9 754 000	9 934 000	10 142 000	16 752 000
Stock	0	0	0	0
Total Investments	2 023 000	2 453 000	1 565 000	0
Cash, Bank	201 000	837 000	2 409 000	2 391 000
Total Current Assets	2 463 000	3 570 000	4 088 000	2 501 000
Total Assets	12 217 000	13 505 000	14 230 000	19 253 000
Total Equity	5 807 000	7 005 000	7 901 000	12 766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000 000	5 649 000	6 029 000	6 136 000
Creditors	71 000	43 000	40 000	25 000
Unpaid Taxes	104 000	133 000	95 000	137 000
Dividends	0	0	100 000	0
Other Current Debt	234 000	174 000	166 000	188 000
Total Current Debt	410 000	850 000	300 000	351 000
Total Equity and Debt	12 217 000	13 505 000	14 230 000	19 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,63 %	−2,8 %	−60,31 %	5,48 %
Debt-to-Equity Ratio	1,03	0,81	0,76	0,48
Operating Profit Margin	−34,75 %	−33,89 %	−5,34 %	52,76 %
Current Ratio	6,01	4,2	13,63	7,13
Quick Ratio	6,01	4,2	13,63	7,13
Equity Ratio	0,48	0,52	0,56	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %