TORE ØVERÅS AS

7010 TRONDHEIM

Finances

Return on Equity

2,25 %

Current Ratio

7,77

Debt-to-Equity Ratio

4,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Net Income	20 000	38 000	52 000	−55 000
Total Assets	4 595 000	4 027 000	4 656 000	4 895 000
Total Equity	887 000	867 000	829 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Expenditure	434 000	427 000	414 000	530 000
Operating Profit	166 000	173 000	186 000	70 000
Financial Income	1 000	0	0	1 000
Financial Costs	141 000	124 000	120 000	141 000
Financial Balance	−140 000	−124 000	−120 000	−140 000
Earnings Before Tax	25 000	49 000	66 000	−70 000
Tax	6 000	11 000	15 000	−15 000
Net Income	20 000	38 000	52 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 424 000	3 741 000	4 032 000	4 324 000
Total Current Assets	171 000	287 000	623 000	571 000
Total Assets	4 595 000	4 027 000	4 656 000	4 895 000
Total Retained Equity	787 000	767 000	729 000	677 000
Total Equity	887 000	867 000	829 000	777 000
Total Long-Term Debt	3 686 000	3 142 000	3 363 000	3 530 000
Total Current Debt	22 000	18 000	464 000	588 000
Total Equity and Debt	4 595 000	4 027 000	4 656 000	4 895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	600 000	600 000	600 000	600 000
Revenue	600 000	600 000	600 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	292 000	292 000	292 000	292 000
Impairment	0	0	0	0
Expenditure	434 000	427 000	414 000	530 000
Operating Profit	166 000	173 000	186 000	70 000
Financial Income	1 000	0	0	1 000
Financial Costs	141 000	124 000	120 000	141 000
Financial Balance	−140 000	−124 000	−120 000	−140 000
Dividends	0	0	0	0
Net Income	20 000	38 000	52 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 340 000	3 615 000	3 786 000	4 041 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	49 000	66 000	187 000	224 000
Total Tangible Assets	3 389 000	3 681 000	3 972 000	4 264 000
Total Fiancial Fixed Assets	1 035 000	60 000	60 000	60 000
Total Fixed Assets	4 424 000	3 741 000	4 032 000	4 324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	287 000	401 000	348 000
Total Current Assets	171 000	287 000	623 000	571 000
Total Assets	4 595 000	4 027 000	4 656 000	4 895 000
Total Equity	887 000	867 000	829 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 686 000	3 142 000	3 363 000	3 530 000
Creditors	0	5 000	15 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	−9 000	441 000	584 000
Total Current Debt	22 000	18 000	464 000	588 000
Total Equity and Debt	4 595 000	4 027 000	4 656 000	4 895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,25 %	4,38 %	6,27 %	−7,08 %
Debt-to-Equity Ratio	4,16	3,62	4,06	4,54
Operating Profit Margin	27,67 %	28,83 %	31 %	11,67 %
Current Ratio	7,77	15,94	1,34	0,97
Quick Ratio	7,77	15,94	1,34	0,97
Equity Ratio	0,19	0,22	0,18	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %