ØVRE TORVGATE 24 B AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

0,56 %

Current Ratio

1,9

Debt-to-Equity Ratio

15,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 384 000	2 337 000	2 127 000	1 840 000
Net Income	6 000	231 000	2 000	197 000
Total Assets	17 374 000	16 835 000	18 142 000	16 770 000
Total Equity	1 065 000	1 303 000	1 072 000	2 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 384 000	2 337 000	2 127 000	1 840 000
Expenditure	1 794 000	1 703 000	1 632 000	1 249 000
Operating Profit	590 000	634 000	495 000	592 000
Financial Income	4 000	11 000	−7 000	8 000
Financial Costs	586 000	349 000	429 000	457 000
Financial Balance	−582 000	−338 000	−436 000	−449 000
Earnings Before Tax	8 000	297 000	59 000	143 000
Tax	2 000	66 000	57 000	−54 000
Net Income	6 000	231 000	2 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 802 000	6 179 000	6 107 000	5 479 000
Total Current Assets	572 000	10 655 000	12 035 000	11 291 000
Total Assets	17 374 000	16 835 000	18 142 000	16 770 000
Total Retained Equity	416 000	562 000	332 000	1 533 000
Total Equity	1 065 000	1 303 000	1 072 000	2 274 000
Total Long-Term Debt	16 008 000	14 993 000	15 512 000	13 950 000
Total Current Debt	301 000	539 000	1 558 000	547 000
Total Equity and Debt	17 374 000	16 835 000	18 142 000	16 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 384 000	2 337 000	2 127 000	1 840 000
Revenue	2 384 000	2 337 000	2 127 000	1 840 000
Cost of Goods Sold	1 031 000	895 000	826 000	898 000
Salary Costs	0	0	0	0
Depreciation	182 000	217 000	166 000	101 000
Impairment	0	0	0	0
Expenditure	1 794 000	1 703 000	1 632 000	1 249 000
Operating Profit	590 000	634 000	495 000	592 000
Financial Income	4 000	11 000	−7 000	8 000
Financial Costs	586 000	349 000	429 000	457 000
Financial Balance	−582 000	−338 000	−436 000	−449 000
Dividends	0	0	0	0
Net Income	6 000	231 000	2 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 171 000	6 179 000	6 107 000	5 263 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 171 000	6 179 000	6 107 000	5 263 000
Total Fiancial Fixed Assets	12 631 000	0	0	216 000
Total Fixed Assets	16 802 000	6 179 000	6 107 000	5 479 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	74 000	102 000	26 000
Total Current Assets	572 000	10 655 000	12 035 000	11 291 000
Total Assets	17 374 000	16 835 000	18 142 000	16 770 000
Total Equity	1 065 000	1 303 000	1 072 000	2 274 000
Short-Term Group Debt	106 000	0	1 200 000	50 000
Total Long-Term Debt	16 008 000	14 993 000	15 512 000	13 950 000
Creditors	37 000	159 000	88 000	265 000
Unpaid Taxes	19 000	14 000	10 000	11 000
Dividends	0	0	0	0
Other Current Debt	121 000	255 000	218 000	222 000
Total Current Debt	301 000	539 000	1 558 000	547 000
Total Equity and Debt	17 374 000	16 835 000	18 142 000	16 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,56 %	17,73 %	0,19 %	8,66 %
Debt-to-Equity Ratio	15,03	11,51	14,47	6,13
Operating Profit Margin	24,75 %	27,13 %	23,27 %	32,17 %
Current Ratio	1,9	19,77	7,72	20,64
Quick Ratio	1,9	19,77	7,72	20,64
Equity Ratio	0,06	0,08	0,06	0,14
Gross Profit Margin	56,75 %	61,7 %	61,17 %	51,2 %