OLDERNESET UTLEIEBYGG AS

8646 KORGEN

Finances

Return on Equity

10,56 %

Current Ratio

7,4

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	552 000	535 000	535 000	535 000
Net Income	112 000	159 000	−31 000	43 000
Total Assets	2 520 000	2 525 000	2 480 000	2 781 000
Total Equity	1 061 000	950 000	791 000	822 000

Income (NOK)	2022	2021	2020	2019
Revenue	552 000	535 000	535 000	535 000
Expenditure	378 000	324 000	507 000	399 000
Operating Profit	174 000	211 000	27 000	136 000
Financial Income	0	0	0	2 000
Financial Costs	63 000	53 000	59 000	95 000
Financial Balance	−63 000	−53 000	−59 000	−93 000
Earnings Before Tax	112 000	159 000	−31 000	43 000
Tax	0	0	0	0
Net Income	112 000	159 000	−31 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 587 000	1 717 000	1 795 000	1 918 000
Total Current Assets	932 000	808 000	685 000	862 000
Total Assets	2 520 000	2 525 000	2 480 000	2 781 000
Total Retained Equity	19 000	−93 000	−252 000	−220 000
Total Equity	1 061 000	950 000	791 000	822 000
Total Long-Term Debt	1 333 000	1 458 000	1 583 000	1 708 000
Total Current Debt	126 000	117 000	106 000	250 000
Total Equity and Debt	2 520 000	2 525 000	2 480 000	2 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	552 000	535 000	535 000	535 000
Revenue	552 000	535 000	535 000	535 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 000	27 000	24 000	24 000
Depreciation	130 000	129 000	123 000	123 000
Impairment	0	0	0	0
Expenditure	378 000	324 000	507 000	399 000
Operating Profit	174 000	211 000	27 000	136 000
Financial Income	0	0	0	2 000
Financial Costs	63 000	53 000	59 000	95 000
Financial Balance	−63 000	−53 000	−59 000	−93 000
Dividends	0	0	0	0
Net Income	112 000	159 000	−31 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 552 000	1 670 000	1 788 000	1 905 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	47 000	7 000	13 000
Total Tangible Assets	1 587 000	1 717 000	1 795 000	1 918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 587 000	1 717 000	1 795 000	1 918 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	762 000	739 000	618 000	862 000
Total Current Assets	932 000	808 000	685 000	862 000
Total Assets	2 520 000	2 525 000	2 480 000	2 781 000
Total Equity	1 061 000	950 000	791 000	822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 333 000	1 458 000	1 583 000	1 708 000
Creditors	6 000	11 000	14 000	37 000
Unpaid Taxes	113 000	102 000	63 000	96 000
Dividends	0	0	0	0
Other Current Debt	6 000	5 000	29 000	118 000
Total Current Debt	126 000	117 000	106 000	250 000
Total Equity and Debt	2 520 000	2 525 000	2 480 000	2 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,56 %	16,74 %	−3,92 %	5,23 %
Debt-to-Equity Ratio	1,26	1,53	2	2,08
Operating Profit Margin	31,52 %	39,44 %	5,05 %	25,42 %
Current Ratio	7,4	6,91	6,46	3,45
Quick Ratio	7,4	6,91	6,46	3,45
Equity Ratio	0,42	0,38	0,32	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %