ØVRE ERVIK EIENDOM AS

5014 BERGEN

Finances

Share Ownership

Return on Equity

90,12 %

Current Ratio

1,01

Debt-to-Equity Ratio

15,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 197 000	6 705 000	6 970 000	6 841 000
Net Income	1 559 000	2 288 000	2 587 000	2 168 000
Total Assets	32 307 000	36 943 000	38 576 000	38 679 000
Total Equity	1 730 000	1 900 000	1 874 000	1 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 197 000	6 705 000	6 970 000	6 841 000
Expenditure	5 289 000	3 136 000	2 875 000	3 060 000
Operating Profit	2 908 000	3 570 000	4 096 000	3 780 000
Financial Income	162 000	121 000	153 000	188 000
Financial Costs	1 071 000	756 000	932 000	1 188 000
Financial Balance	−909 000	−635 000	−779 000	−1 000 000
Earnings Before Tax	1 999 000	2 934 000	3 317 000	2 780 000
Tax	440 000	646 000	730 000	612 000
Net Income	1 559 000	2 288 000	2 587 000	2 168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 865 000	33 220 000	35 325 000	36 714 000
Total Current Assets	3 442 000	3 723 000	3 251 000	1 965 000
Total Assets	32 307 000	36 943 000	38 576 000	38 679 000
Total Retained Equity	37 000	207 000	181 000	0
Total Equity	1 730 000	1 900 000	1 874 000	1 693 000
Total Long-Term Debt	27 154 000	31 095 000	32 428 000	33 047 000
Total Current Debt	3 422 000	3 948 000	4 274 000	3 939 000
Total Equity and Debt	32 307 000	36 943 000	38 576 000	38 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	6 970 000	6 841 000
Other Income	8 197 000	6 705 000	0	0
Revenue	8 197 000	6 705 000	6 970 000	6 841 000
Cost of Goods Sold	2 531 000	826 000	634 000	904 000
Salary Costs	0	0	0	0
Depreciation	1 169 000	1 226 000	1 226 000	1 271 000
Impairment	0	0	0	0
Expenditure	5 289 000	3 136 000	2 875 000	3 060 000
Operating Profit	2 908 000	3 570 000	4 096 000	3 780 000
Financial Income	162 000	121 000	153 000	188 000
Financial Costs	1 071 000	756 000	932 000	1 188 000
Financial Balance	−909 000	−635 000	−779 000	−1 000 000
Dividends	0	0	0	0
Net Income	1 559 000	2 288 000	2 587 000	2 168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 865 000	28 286 000	29 512 000	30 738 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 865 000	28 286 000	29 512 000	30 738 000
Total Fiancial Fixed Assets	0	4 934 000	5 813 000	5 976 000
Total Fixed Assets	28 865 000	33 220 000	35 325 000	36 714 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 891 000	2 615 000	2 455 000	1 803 000
Total Current Assets	3 442 000	3 723 000	3 251 000	1 965 000
Total Assets	32 307 000	36 943 000	38 576 000	38 679 000
Total Equity	1 730 000	1 900 000	1 874 000	1 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 154 000	31 095 000	32 428 000	33 047 000
Creditors	395 000	155 000	200 000	89 000
Unpaid Taxes	170 000	143 000	160 000	223 000
Dividends	0	0	0	0
Other Current Debt	2 858 000	3 583 000	3 735 000	3 282 000
Total Current Debt	3 422 000	3 948 000	4 274 000	3 939 000
Total Equity and Debt	32 307 000	36 943 000	38 576 000	38 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,12 %	120,42 %	138,05 %	128,06 %
Debt-to-Equity Ratio	15,7	16,37	17,3	19,52
Operating Profit Margin	35,48 %	53,24 %	58,77 %	55,26 %
Current Ratio	1,01	0,94	0,76	0,5
Quick Ratio	1,01	0,94	0,76	0,5
Equity Ratio	0,05	0,05	0,05	0,04
Gross Profit Margin	69,12 %	87,68 %	90,9 %	86,79 %