OVATION AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

38,98 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	709 000	489 000	283 000	580 000
Net Income	99 000	26 000	−25 000	148 000
Total Assets	766 000	730 000	403 000	271 000
Total Equity	254 000	155 000	129 000	155 000

Income (NOK)	2022	2021	2020	2019
Revenue	709 000	489 000	283 000	580 000
Expenditure	606 000	464 000	309 000	430 000
Operating Profit	103 000	25 000	−26 000	150 000
Financial Income	2 000	0	0	0
Financial Costs	7 000	0	0	2 000
Financial Balance	−5 000	0	0	−2 000
Earnings Before Tax	99 000	26 000	−25 000	148 000
Tax	0	0	0	0
Net Income	99 000	26 000	−25 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	44 000	0	0
Total Current Assets	731 000	686 000	403 000	271 000
Total Assets	766 000	730 000	403 000	271 000
Total Retained Equity	144 000	45 000	19 000	45 000
Total Equity	254 000	155 000	129 000	155 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	512 000	575 000	274 000	116 000
Total Equity and Debt	766 000	730 000	403 000	271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	659 000	489 000	283 000	577 000
Other Income	50 000	0	0	4 000
Revenue	709 000	489 000	283 000	580 000
Cost of Goods Sold	3 000	36 000	25 000	4 000
Salary Costs	0	0	0	0
Depreciation	9 000	5 000	0	6 000
Impairment	0	0	0	0
Expenditure	606 000	464 000	309 000	430 000
Operating Profit	103 000	25 000	−26 000	150 000
Financial Income	2 000	0	0	0
Financial Costs	7 000	0	0	2 000
Financial Balance	−5 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	99 000	26 000	−25 000	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	44 000	0	0
Total Tangible Assets	35 000	44 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	44 000	0	0
Stock	0	0	0	20 000
Total Investments	0	0	0	0
Cash, Bank	796 000	501 000	304 000	200 000
Total Current Assets	731 000	686 000	403 000	271 000
Total Assets	766 000	730 000	403 000	271 000
Total Equity	254 000	155 000	129 000	155 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	512 000	575 000	274 000	116 000
Total Current Debt	512 000	575 000	274 000	116 000
Total Equity and Debt	766 000	730 000	403 000	271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,98 %	16,77 %	−19,38 %	95,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,53 %	5,11 %	−9,19 %	25,86 %
Current Ratio	1,43	1,19	1,47	2,34
Quick Ratio	1,43	1,19	1,47	2,82
Equity Ratio	0,33	0,21	0,32	0,57
Gross Profit Margin	99,58 %	92,64 %	91,17 %	99,31 %