ØVRE FLATÅS VEI 18 AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

25,22 %

Current Ratio

0,66

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	963 000	626 000	124 000	625 000
Net Income	394 000	−16 000	−244 000	331 000
Total Assets	2 589 000	3 209 000	2 445 000	2 262 000
Total Equity	1 562 000	1 370 000	1 386 000	1 630 000

Income (NOK)	2022	2021	2020	2019
Revenue	963 000	626 000	124 000	625 000
Expenditure	420 000	590 000	433 000	193 000
Operating Profit	544 000	36 000	−309 000	432 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	41 000	59 000	8 000	11 000
Financial Balance	−38 000	−56 000	−5 000	−8 000
Earnings Before Tax	505 000	−21 000	−313 000	424 000
Tax	111 000	−5 000	−69 000	93 000
Net Income	394 000	−16 000	−244 000	331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 284 000	2 299 000	2 357 000	2 184 000
Total Current Assets	305 000	910 000	87 000	78 000
Total Assets	2 589 000	3 209 000	2 445 000	2 262 000
Total Retained Equity	812 000	620 000	636 000	880 000
Total Equity	1 562 000	1 370 000	1 386 000	1 630 000
Total Long-Term Debt	564 000	1 620 000	377 000	94 000
Total Current Debt	463 000	219 000	681 000	538 000
Total Equity and Debt	2 589 000	3 209 000	2 445 000	2 262 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	840 000	626 000	124 000	0
Other Income	123 000	0	0	625 000
Revenue	963 000	626 000	124 000	625 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	0	0	0	0
Depreciation	159 000	135 000	100 000	100 000
Impairment	0	0	0	0
Expenditure	420 000	590 000	433 000	193 000
Operating Profit	544 000	36 000	−309 000	432 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	41 000	59 000	8 000	11 000
Financial Balance	−38 000	−56 000	−5 000	−8 000
Dividends	0	0	0	342 000
Net Income	394 000	−16 000	−244 000	331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 284 000	2 299 000	2 357 000	2 184 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 284 000	2 299 000	2 357 000	2 184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 284 000	2 299 000	2 357 000	2 184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	98 000	60 000	78 000
Total Current Assets	305 000	910 000	87 000	78 000
Total Assets	2 589 000	3 209 000	2 445 000	2 262 000
Total Equity	1 562 000	1 370 000	1 386 000	1 630 000
Short-Term Group Debt	259 000	75 000	444 000	444 000
Total Long-Term Debt	564 000	1 620 000	377 000	94 000
Creditors	204 000	4 000	310 000	40 000
Unpaid Taxes	0	140 000	−73 000	4 000
Dividends	0	0	0	342 000
Other Current Debt	0	0	0	50 000
Total Current Debt	463 000	219 000	681 000	538 000
Total Equity and Debt	2 589 000	3 209 000	2 445 000	2 262 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,22 %	−1,17 %	−17,6 %	20,31 %
Debt-to-Equity Ratio	0,36	1,18	0,27	0,06
Operating Profit Margin	56,49 %	5,75 %	−249,19 %	69,12 %
Current Ratio	0,66	4,16	0,13	0,14
Quick Ratio	0,66	4,16	0,13	0,14
Equity Ratio	0,6	0,43	0,57	0,72
Gross Profit Margin	100 %	100 %	98,39 %	100 %