ØVLAND EIENDOM AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

2,02 %

Current Ratio

0,52

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 739 000	1 633 000	1 418 000	1 646 000
Net Income	103 000	279 000	150 000	211 000
Total Assets	11 734 000	9 425 000	9 575 000	9 699 000
Total Equity	5 100 000	4 998 000	4 718 000	4 568 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 739 000	1 633 000	1 418 000	1 646 000
Expenditure	1 421 000	1 176 000	1 104 000	1 209 000
Operating Profit	318 000	456 000	314 000	436 000
Financial Income	0	0	3 000	7 000
Financial Costs	186 000	99 000	124 000	172 000
Financial Balance	−186 000	−99 000	−121 000	−165 000
Earnings Before Tax	132 000	358 000	193 000	271 000
Tax	29 000	79 000	43 000	60 000
Net Income	103 000	279 000	150 000	211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 052 000	8 149 000	8 507 000	8 809 000
Total Current Assets	683 000	1 277 000	1 068 000	891 000
Total Assets	11 734 000	9 425 000	9 575 000	9 699 000
Total Retained Equity	1 350 000	1 247 000	968 000	817 000
Total Equity	5 100 000	4 998 000	4 718 000	4 568 000
Total Long-Term Debt	5 323 000	4 089 000	4 436 000	4 700 000
Total Current Debt	1 311 000	338 000	421 000	431 000
Total Equity and Debt	11 734 000	9 425 000	9 575 000	9 699 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 739 000	1 633 000	1 418 000	1 646 000
Revenue	1 739 000	1 633 000	1 418 000	1 646 000
Cost of Goods Sold	0	0	7 000	0
Salary Costs	178 000	132 000	147 000	156 000
Depreciation	490 000	461 000	442 000	421 000
Impairment	0	0	0	0
Expenditure	1 421 000	1 176 000	1 104 000	1 209 000
Operating Profit	318 000	456 000	314 000	436 000
Financial Income	0	0	3 000	7 000
Financial Costs	186 000	99 000	124 000	172 000
Financial Balance	−186 000	−99 000	−121 000	−165 000
Dividends	0	0	0	0
Net Income	103 000	279 000	150 000	211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 947 000	7 825 000	8 249 000	8 674 000
Machinery and Plant Facilities	87 000	103 000	119 000	135 000
Fixtures	18 000	221 000	140 000	0
Total Tangible Assets	11 052 000	8 149 000	8 507 000	8 809 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 052 000	8 149 000	8 507 000	8 809 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	559 000	1 272 000	1 027 000	717 000
Total Current Assets	683 000	1 277 000	1 068 000	891 000
Total Assets	11 734 000	9 425 000	9 575 000	9 699 000
Total Equity	5 100 000	4 998 000	4 718 000	4 568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 323 000	4 089 000	4 436 000	4 700 000
Creditors	657 000	120 000	199 000	2 000
Unpaid Taxes	20 000	44 000	8 000	−94 000
Dividends	0	0	0	0
Other Current Debt	569 000	57 000	137 000	460 000
Total Current Debt	1 311 000	338 000	421 000	431 000
Total Equity and Debt	11 734 000	9 425 000	9 575 000	9 699 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,02 %	5,58 %	3,18 %	4,62 %
Debt-to-Equity Ratio	1,04	0,82	0,94	1,03
Operating Profit Margin	18,29 %	27,92 %	22,14 %	26,49 %
Current Ratio	0,52	3,78	2,54	2,07
Quick Ratio	0,52	3,78	2,54	2,07
Equity Ratio	0,43	0,53	0,49	0,47
Gross Profit Margin	100 %	100 %	99,51 %	100 %