ØVRUM AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

−4,84 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	307 000	110 000	0	0
Net Income	118 000	−76 000	−31 000	−82 000
Total Assets	116 000	184 000	33 000	53 000
Total Equity	−2 440 000	−2 557 000	−1 143 000	−1 113 000

Income (NOK)	2022	2021	2020	2019
Revenue	307 000	110 000	0	0
Expenditure	189 000	186 000	31 000	82 000
Operating Profit	118 000	−76 000	−31 000	−82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	118 000	−76 000	−31 000	−82 000
Tax	0	0	0	0
Net Income	118 000	−76 000	−31 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	25 000	0	0
Total Current Assets	99 000	159 000	33 000	53 000
Total Assets	116 000	184 000	33 000	53 000
Total Retained Equity	−2 640 000	−2 757 000	−1 343 000	−1 313 000
Total Equity	−2 440 000	−2 557 000	−1 143 000	−1 113 000
Total Long-Term Debt	1 251 000	1 259 000	1 121 000	1 121 000
Total Current Debt	1 304 000	1 483 000	55 000	44 000
Total Equity and Debt	116 000	184 000	33 000	53 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 000	84 000	0	0
Other Income	203 000	26 000	0	0
Revenue	307 000	110 000	0	0
Cost of Goods Sold	88 000	50 000	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	189 000	186 000	31 000	82 000
Operating Profit	118 000	−76 000	−31 000	−82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	118 000	−76 000	−31 000	−82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	25 000	0	0
Total Tangible Assets	17 000	25 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	25 000	0	0
Stock	20 000	19 000	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	37 000	4 000	4 000
Total Current Assets	99 000	159 000	33 000	53 000
Total Assets	116 000	184 000	33 000	53 000
Total Equity	−2 440 000	−2 557 000	−1 143 000	−1 113 000
Short-Term Group Debt	64 000	170 000	55 000	5 000
Total Long-Term Debt	1 251 000	1 259 000	1 121 000	1 121 000
Creditors	2 000	56 000	0	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 238 000	1 256 000	0	30 000
Total Current Debt	1 304 000	1 483 000	55 000	44 000
Total Equity and Debt	116 000	184 000	33 000	53 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,84 %	2,97 %	2,71 %	7,37 %
Debt-to-Equity Ratio	−0,51	−0,49	−0,98	−1,01
Operating Profit Margin	38,44 %	−69,09 %	-	-
Current Ratio	0,08	0,11	0,6	1,2
Quick Ratio	0,08	0,11	0,6	1,2
Equity Ratio	−21,03	−13,9	−34,64	−21
Gross Profit Margin	71,34 %	54,55 %	-	-