OVE SKAILAND AS

4405 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

−20,45 %

Current Ratio

0,04

Debt-to-Equity Ratio

4,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 000	283 000	50 000	49 000
Net Income	−154 000	273 000	47 000	−9 000
Total Assets	4 194 000	4 275 000	4 092 000	3 975 000
Total Equity	753 000	907 000	633 000	586 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 000	283 000	50 000	49 000
Expenditure	125 000	63 000	35 000	52 000
Operating Profit	−62 000	220 000	15 000	−3 000
Financial Income	0	122 000	116 000	110 000
Financial Costs	92 000	69 000	84 000	116 000
Financial Balance	−92 000	53 000	32 000	−6 000
Earnings Before Tax	−154 000	273 000	47 000	−9 000
Tax	0	0	0	0
Net Income	−154 000	273 000	47 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 180 000	4 205 000	4 083 000	3 967 000
Total Current Assets	14 000	70 000	9 000	8 000
Total Assets	4 194 000	4 275 000	4 092 000	3 975 000
Total Retained Equity	653 000	807 000	533 000	486 000
Total Equity	753 000	907 000	633 000	586 000
Total Long-Term Debt	3 061 000	2 961 000	3 079 000	2 883 000
Total Current Debt	380 000	408 000	379 000	507 000
Total Equity and Debt	4 194 000	4 275 000	4 092 000	3 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000	223 000	0	0
Other Income	60 000	60 000	50 000	49 000
Revenue	63 000	283 000	50 000	49 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	125 000	63 000	35 000	52 000
Operating Profit	−62 000	220 000	15 000	−3 000
Financial Income	0	122 000	116 000	110 000
Financial Costs	92 000	69 000	84 000	116 000
Financial Balance	−92 000	53 000	32 000	−6 000
Dividends	0	0	0	0
Net Income	−154 000	273 000	47 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 641 000	1 641 000	1 641 000	1 641 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 641 000	1 641 000	1 641 000	1 641 000
Total Fiancial Fixed Assets	2 539 000	2 564 000	2 442 000	2 326 000
Total Fixed Assets	4 180 000	4 205 000	4 083 000	3 967 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	10 000	9 000	8 000
Total Current Assets	14 000	70 000	9 000	8 000
Total Assets	4 194 000	4 275 000	4 092 000	3 975 000
Total Equity	753 000	907 000	633 000	586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 061 000	2 961 000	3 079 000	2 883 000
Creditors	371 000	374 000	369 000	496 000
Unpaid Taxes	0	23 000	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	11 000	11 000	10 000
Total Current Debt	380 000	408 000	379 000	507 000
Total Equity and Debt	4 194 000	4 275 000	4 092 000	3 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,45 %	30,1 %	7,42 %	−1,54 %
Debt-to-Equity Ratio	4,07	3,26	4,86	4,92
Operating Profit Margin	−98,41 %	77,74 %	30 %	−6,12 %
Current Ratio	0,04	0,17	0,02	0,02
Quick Ratio	0,04	0,17	0,02	0,02
Equity Ratio	0,18	0,21	0,15	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %