OFOTVEIEN 6 BORETTSLAG

8517 NARVIK

Finances

Share Ownership

Return on Equity

−3,79 %

Current Ratio

N/A

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	324 000	324 000	324 000	324 000
Net Income	−19 000	100 000	100 000	107 000
Total Assets	1 286 000	1 302 000	1 308 000	1 312 000
Total Equity	501 000	519 000	420 000	319 000

Income (NOK)	2022	2021	2020	2019
Revenue	324 000	324 000	324 000	324 000
Expenditure	315 000	208 000	204 000	191 000
Operating Profit	9 000	116 000	121 000	133 000
Financial Income	0	0	0	0
Financial Costs	28 000	16 000	20 000	27 000
Financial Balance	−28 000	−16 000	−20 000	−27 000
Earnings Before Tax	−19 000	100 000	100 000	107 000
Tax	0	0	0	0
Net Income	−19 000	100 000	100 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 165 000	1 165 000	1 165 000	1 165 000
Total Current Assets	121 000	137 000	143 000	147 000
Total Assets	1 286 000	1 302 000	1 308 000	1 312 000
Total Retained Equity	497 000	515 000	416 000	315 000
Total Equity	501 000	519 000	420 000	319 000
Total Long-Term Debt	785 000	783 000	889 000	992 000
Total Current Debt	0	0	0	1 000
Total Equity and Debt	1 286 000	1 302 000	1 308 000	1 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	324 000	324 000	324 000	324 000
Revenue	324 000	324 000	324 000	324 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	11 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	315 000	208 000	204 000	191 000
Operating Profit	9 000	116 000	121 000	133 000
Financial Income	0	0	0	0
Financial Costs	28 000	16 000	20 000	27 000
Financial Balance	−28 000	−16 000	−20 000	−27 000
Dividends	0	0	0	0
Net Income	−19 000	100 000	100 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 165 000	1 165 000	1 165 000	1 165 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 165 000	1 165 000	1 165 000	1 165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 165 000	1 165 000	1 165 000	1 165 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	85 000	104 000	131 000	143 000
Total Current Assets	121 000	137 000	143 000	147 000
Total Assets	1 286 000	1 302 000	1 308 000	1 312 000
Total Equity	501 000	519 000	420 000	319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	785 000	783 000	889 000	992 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	1 000
Total Current Debt	0	0	0	1 000
Total Equity and Debt	1 286 000	1 302 000	1 308 000	1 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,79 %	19,27 %	23,81 %	33,54 %
Debt-to-Equity Ratio	1,57	1,51	2,12	3,11
Operating Profit Margin	2,78 %	35,8 %	37,35 %	41,05 %
Current Ratio	-	-	-	147
Quick Ratio	-	-	-	147
Equity Ratio	0,39	0,4	0,32	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %