OVESEN INVEST AS

9310 SØRREISA

Finances

Share Ownership

Return on Equity

11,83 %

Current Ratio

13,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	579 000	433 000	697 000	558 000
Net Income	461 000	342 000	558 000	324 000
Total Assets	4 048 000	4 540 000	4 267 000	3 687 000
Total Equity	3 897 000	3 436 000	3 094 000	3 536 000

Income (NOK)	2022	2021	2020	2019
Revenue	579 000	433 000	697 000	558 000
Expenditure	115 000	51 000	74 000	205 000
Operating Profit	464 000	381 000	624 000	353 000
Financial Income	107 000	65 000	69 000	70 000
Financial Costs	0	30 000	0	0
Financial Balance	107 000	35 000	69 000	70 000
Earnings Before Tax	571 000	417 000	692 000	422 000
Tax	109 000	75 000	134 000	98 000
Net Income	461 000	342 000	558 000	324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 012 000	1 958 000	1 941 000	1 889 000
Total Current Assets	2 035 000	2 582 000	2 326 000	1 798 000
Total Assets	4 048 000	4 540 000	4 267 000	3 687 000
Total Retained Equity	3 447 000	2 986 000	2 644 000	3 086 000
Total Equity	3 897 000	3 436 000	3 094 000	3 536 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	151 000	1 105 000	1 173 000	152 000
Total Equity and Debt	4 048 000	4 540 000	4 267 000	3 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	579 000	433 000	697 000	558 000
Revenue	579 000	433 000	697 000	558 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	107 000
Impairment	0	0	0	0
Expenditure	115 000	51 000	74 000	205 000
Operating Profit	464 000	381 000	624 000	353 000
Financial Income	107 000	65 000	69 000	70 000
Financial Costs	0	30 000	0	0
Financial Balance	107 000	35 000	69 000	70 000
Dividends	0	0	1 000 000	0
Net Income	461 000	342 000	558 000	324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	150 000	150 000	150 000	150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	150 000	150 000	150 000	150 000
Total Fiancial Fixed Assets	1 862 000	1 808 000	1 791 000	1 739 000
Total Fixed Assets	2 012 000	1 958 000	1 941 000	1 889 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 028 000	2 582 000	2 232 000	1 798 000
Total Current Assets	2 035 000	2 582 000	2 326 000	1 798 000
Total Assets	4 048 000	4 540 000	4 267 000	3 687 000
Total Equity	3 897 000	3 436 000	3 094 000	3 536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	0	3 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 000 000	0
Other Current Debt	0	0	37 000	37 000
Total Current Debt	151 000	1 105 000	1 173 000	152 000
Total Equity and Debt	4 048 000	4 540 000	4 267 000	3 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,83 %	9,95 %	18,03 %	9,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	80,14 %	87,99 %	89,53 %	63,26 %
Current Ratio	13,48	2,34	1,98	11,83
Quick Ratio	13,48	2,34	1,98	11,83
Equity Ratio	0,96	0,76	0,73	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %