ØLEN EIENDOM AS

5580 ØLEN

Finances

Return on Equity

4,87 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 724 000	2 503 000	2 502 000	2 692 000
Net Income	680 000	394 000	909 000	971 000
Total Assets	16 936 000	15 500 000	16 467 000	16 189 000
Total Equity	13 962 000	13 283 000	12 888 000	11 980 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 724 000	2 503 000	2 502 000	2 692 000
Expenditure	1 811 000	1 934 000	1 233 000	1 302 000
Operating Profit	914 000	569 000	1 269 000	1 390 000
Financial Income	4 000	0	5 000	5 000
Financial Costs	47 000	63 000	110 000	150 000
Financial Balance	−43 000	−63 000	−105 000	−145 000
Earnings Before Tax	871 000	506 000	1 165 000	1 245 000
Tax	192 000	111 000	256 000	274 000
Net Income	680 000	394 000	909 000	971 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 404 000	14 793 000	15 084 000	15 359 000
Total Current Assets	1 531 000	706 000	1 383 000	830 000
Total Assets	16 936 000	15 500 000	16 467 000	16 189 000
Total Retained Equity	12 963 000	12 284 000	11 889 000	10 981 000
Total Equity	13 962 000	13 283 000	12 888 000	11 980 000
Total Long-Term Debt	2 173 000	1 875 000	2 813 000	3 750 000
Total Current Debt	800 000	342 000	767 000	459 000
Total Equity and Debt	16 936 000	15 500 000	16 467 000	16 189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 724 000	2 503 000	2 502 000	2 692 000
Revenue	2 724 000	2 503 000	2 502 000	2 692 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	476 000	291 000	297 000	303 000
Impairment	0	0	0	0
Expenditure	1 811 000	1 934 000	1 233 000	1 302 000
Operating Profit	914 000	569 000	1 269 000	1 390 000
Financial Income	4 000	0	5 000	5 000
Financial Costs	47 000	63 000	110 000	150 000
Financial Balance	−43 000	−63 000	−105 000	−145 000
Dividends	0	0	0	0
Net Income	680 000	394 000	909 000	971 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	43 000	43 000	21 000
Real Eastate	15 025 000	14 712 000	15 003 000	15 300 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 025 000	14 712 000	15 003 000	15 300 000
Total Fiancial Fixed Assets	339 000	39 000	39 000	39 000
Total Fixed Assets	15 404 000	14 793 000	15 084 000	15 359 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	701 000	470 000	1 060 000	540 000
Total Current Assets	1 531 000	706 000	1 383 000	830 000
Total Assets	16 936 000	15 500 000	16 467 000	16 189 000
Total Equity	13 962 000	13 283 000	12 888 000	11 980 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 173 000	1 875 000	2 813 000	3 750 000
Creditors	551 000	104 000	362 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	59 000	127 000	127 000	229 000
Total Current Debt	800 000	342 000	767 000	459 000
Total Equity and Debt	16 936 000	15 500 000	16 467 000	16 189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,87 %	2,97 %	7,05 %	8,11 %
Debt-to-Equity Ratio	0,16	0,14	0,22	0,31
Operating Profit Margin	33,55 %	22,73 %	50,72 %	51,63 %
Current Ratio	1,91	2,06	1,8	1,81
Quick Ratio	1,91	2,06	1,8	1,81
Equity Ratio	0,82	0,86	0,78	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %