OVES VARESENTER AS

9525 MAZE

Finances

Share Ownership

Return on Equity

0,97 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 382 000	5 159 000	4 400 000	4 238 000
Net Income	8 000	760 000	57 000	25 000
Total Assets	1 451 000	1 583 000	835 000	898 000
Total Equity	823 000	1 114 000	654 000	597 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 382 000	5 159 000	4 400 000	4 238 000
Expenditure	5 380 000	4 373 000	4 352 000	4 219 000
Operating Profit	3 000	786 000	49 000	18 000
Financial Income	5 000	7 000	11 000	8 000
Financial Costs	0	0	2 000	1 000
Financial Balance	5 000	7 000	9 000	7 000
Earnings Before Tax	8 000	792 000	57 000	25 000
Tax	0	32 000	0	0
Net Income	8 000	760 000	57 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	498 000	80 000	158 000
Total Current Assets	947 000	1 085 000	755 000	740 000
Total Assets	1 451 000	1 583 000	835 000	898 000
Total Retained Equity	793 000	0	624 000	567 000
Total Equity	823 000	1 114 000	654 000	597 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	628 000	469 000	181 000	301 000
Total Equity and Debt	1 451 000	1 583 000	835 000	898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 002 000	4 595 000	4 172 000	4 129 000
Other Income	380 000	564 000	228 000	109 000
Revenue	5 382 000	5 159 000	4 400 000	4 238 000
Cost of Goods Sold	3 382 000	2 990 000	2 864 000	2 481 000
Salary Costs	1 293 000	757 000	884 000	1 074 000
Depreciation	111 000	55 000	78 000	137 000
Impairment	0	0	0	0
Expenditure	5 380 000	4 373 000	4 352 000	4 219 000
Operating Profit	3 000	786 000	49 000	18 000
Financial Income	5 000	7 000	11 000	8 000
Financial Costs	0	0	2 000	1 000
Financial Balance	5 000	7 000	9 000	7 000
Dividends	300 000	300 000	0	0
Net Income	8 000	760 000	57 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	277 000	314 000	60 000	130 000
Fixtures	227 000	184 000	20 000	28 000
Total Tangible Assets	503 000	498 000	80 000	158 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	503 000	498 000	80 000	158 000
Stock	612 000	577 000	497 000	448 000
Total Investments	0	0	0	0
Cash, Bank	259 000	381 000	220 000	207 000
Total Current Assets	947 000	1 085 000	755 000	740 000
Total Assets	1 451 000	1 583 000	835 000	898 000
Total Equity	823 000	1 114 000	654 000	597 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	133 000	15 000	38 000	61 000
Unpaid Taxes	63 000	−4 000	61 000	44 000
Dividends	300 000	300 000	0	0
Other Current Debt	432 000	426 000	82 000	196 000
Total Current Debt	628 000	469 000	181 000	301 000
Total Equity and Debt	1 451 000	1 583 000	835 000	898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,97 %	68,22 %	8,72 %	4,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,06 %	15,24 %	1,11 %	0,42 %
Current Ratio	1,51	2,31	4,17	2,46
Quick Ratio	59,19	−10,05	−2,39	−5,03
Equity Ratio	0,57	0,7	0,78	0,66
Gross Profit Margin	37,16 %	42,04 %	34,91 %	41,46 %