ØVRE HASLEVEI 11 AS

3229 SANDEFJORD

Finances

Share Ownership

Return on Equity

20,51 %

Current Ratio

0,65

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 674 000	2 545 000	2 527 000	2 486 000
Net Income	1 535 000	1 330 000	1 473 000	1 418 000
Total Assets	13 795 000	13 165 000	13 843 000	14 092 000
Total Equity	7 483 000	5 976 000	4 665 000	7 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 674 000	2 545 000	2 527 000	2 486 000
Expenditure	491 000	646 000	494 000	466 000
Operating Profit	2 183 000	1 899 000	2 033 000	2 020 000
Financial Income	11 000	0	2 000	7 000
Financial Costs	226 000	194 000	147 000	210 000
Financial Balance	−215 000	−194 000	−145 000	−203 000
Earnings Before Tax	1 968 000	1 705 000	1 889 000	1 817 000
Tax	433 000	375 000	416 000	400 000
Net Income	1 535 000	1 330 000	1 473 000	1 418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 390 000	12 575 000	12 934 000	13 292 000
Total Current Assets	405 000	589 000	909 000	800 000
Total Assets	13 795 000	13 165 000	13 843 000	14 092 000
Total Retained Equity	6 983 000	5 476 000	4 165 000	6 709 000
Total Equity	7 483 000	5 976 000	4 665 000	7 209 000
Total Long-Term Debt	5 691 000	6 672 000	4 649 000	5 633 000
Total Current Debt	621 000	517 000	4 529 000	1 249 000
Total Equity and Debt	13 795 000	13 165 000	13 843 000	14 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 674 000	2 545 000	2 527 000	2 486 000
Revenue	2 674 000	2 545 000	2 527 000	2 486 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	5 000	5 000
Depreciation	362 000	358 000	358 000	358 000
Impairment	0	0	0	0
Expenditure	491 000	646 000	494 000	466 000
Operating Profit	2 183 000	1 899 000	2 033 000	2 020 000
Financial Income	11 000	0	2 000	7 000
Financial Costs	226 000	194 000	147 000	210 000
Financial Balance	−215 000	−194 000	−145 000	−203 000
Dividends	0	0	4 000 000	700 000
Net Income	1 535 000	1 330 000	1 473 000	1 418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 217 000	12 575 000	12 934 000	13 292 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	0	0	0
Total Tangible Assets	12 240 000	12 575 000	12 934 000	13 292 000
Total Fiancial Fixed Assets	1 150 000	0	0	0
Total Fixed Assets	13 390 000	12 575 000	12 934 000	13 292 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	405 000	589 000	904 000	800 000
Total Current Assets	405 000	589 000	909 000	800 000
Total Assets	13 795 000	13 165 000	13 843 000	14 092 000
Total Equity	7 483 000	5 976 000	4 665 000	7 209 000
Short-Term Group Debt	36 000	24 000	22 000	40 000
Total Long-Term Debt	5 691 000	6 672 000	4 649 000	5 633 000
Creditors	30 000	2 000	2 000	11 000
Unpaid Taxes	103 000	105 000	91 000	103 000
Dividends	0	0	4 000 000	700 000
Other Current Debt	22 000	15 000	7 000	15 000
Total Current Debt	621 000	517 000	4 529 000	1 249 000
Total Equity and Debt	13 795 000	13 165 000	13 843 000	14 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,51 %	22,26 %	31,58 %	19,67 %
Debt-to-Equity Ratio	0,76	1,12	1	0,78
Operating Profit Margin	81,64 %	74,62 %	80,45 %	81,26 %
Current Ratio	0,65	1,14	0,2	0,64
Quick Ratio	0,65	1,14	0,2	0,64
Equity Ratio	0,54	0,45	0,34	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %