ØLVE BUSTADSTIFTING

5635 HATLESTRAND

Finances

Share Ownership

Return on Equity

4,97 %

Current Ratio

−2,26

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	225 000	179 000	185 000	249 000
Net Income	131 000	94 000	97 000	138 000
Total Assets	2 677 000	2 737 000	2 792 000	2 850 000
Total Equity	2 635 000	2 504 000	2 411 000	2 314 000

Income (NOK)	2022	2021	2020	2019
Revenue	225 000	179 000	185 000	249 000
Expenditure	91 000	82 000	81 000	98 000
Operating Profit	133 000	97 000	103 000	151 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	7 000	13 000
Financial Balance	−2 000	−3 000	−7 000	−13 000
Earnings Before Tax	131 000	94 000	97 000	138 000
Tax	0	0	0	0
Net Income	131 000	94 000	97 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 598 000	2 651 000	2 705 000	2 758 000
Total Current Assets	79 000	86 000	87 000	92 000
Total Assets	2 677 000	2 737 000	2 792 000	2 850 000
Total Retained Equity	2 225 000	2 094 000	2 001 000	1 904 000
Total Equity	2 635 000	2 504 000	2 411 000	2 314 000
Total Long-Term Debt	77 000	229 000	381 000	529 000
Total Current Debt	−35 000	3 000	0	7 000
Total Equity and Debt	2 677 000	2 737 000	2 792 000	2 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	225 000	179 000	185 000	249 000
Revenue	225 000	179 000	185 000	249 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	53 000	53 000	53 000	53 000
Impairment	0	0	0	0
Expenditure	91 000	82 000	81 000	98 000
Operating Profit	133 000	97 000	103 000	151 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	7 000	13 000
Financial Balance	−2 000	−3 000	−7 000	−13 000
Dividends	0	0	0	0
Net Income	131 000	94 000	97 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 598 000	2 651 000	2 705 000	2 758 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 598 000	2 651 000	2 705 000	2 758 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 598 000	2 651 000	2 705 000	2 758 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	79 000	40 000	80 000	92 000
Total Current Assets	79 000	86 000	87 000	92 000
Total Assets	2 677 000	2 737 000	2 792 000	2 850 000
Total Equity	2 635 000	2 504 000	2 411 000	2 314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	229 000	381 000	529 000
Creditors	−36 000	3 000	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	2 000
Total Current Debt	−35 000	3 000	0	7 000
Total Equity and Debt	2 677 000	2 737 000	2 792 000	2 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,97 %	3,75 %	4,02 %	5,96 %
Debt-to-Equity Ratio	0,03	0,09	0,16	0,23
Operating Profit Margin	59,11 %	54,19 %	55,68 %	60,64 %
Current Ratio	−2,26	28,67	-	13,14
Quick Ratio	−2,26	28,67	-	13,14
Equity Ratio	0,98	0,91	0,86	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %