OVELAND UTEMILJØ AS

4820 FROLAND

Finances

Return on Equity

23,02 %

Current Ratio

2,55

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 115 000	63 559 000	51 475 000	96 659 000
Net Income	5 127 000	4 768 000	5 080 000	10 791 000
Total Assets	38 841 000	37 820 000	22 141 000	31 752 000
Total Equity	22 276 000	17 649 000	12 880 000	7 800 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 115 000	63 559 000	51 475 000	96 659 000
Expenditure	73 747 000	60 270 000	44 980 000	82 734 000
Operating Profit	4 368 000	3 288 000	6 495 000	13 924 000
Financial Income	2 036 000	3 094 000	81 000	48 000
Financial Costs	395 000	251 000	62 000	126 000
Financial Balance	1 641 000	2 843 000	19 000	−78 000
Earnings Before Tax	6 008 000	6 131 000	6 513 000	13 846 000
Tax	881 000	1 363 000	1 433 000	3 055 000
Net Income	5 127 000	4 768 000	5 080 000	10 791 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 495 000	14 484 000	2 565 000	5 678 000
Total Current Assets	23 346 000	23 335 000	19 576 000	26 074 000
Total Assets	38 841 000	37 820 000	22 141 000	31 752 000
Total Retained Equity	21 817 000	17 190 000	12 421 000	7 341 000
Total Equity	22 276 000	17 649 000	12 880 000	7 800 000
Total Long-Term Debt	7 394 000	6 907 000	362 000	4 851 000
Total Current Debt	9 172 000	13 264 000	8 898 000	19 101 000
Total Equity and Debt	38 841 000	37 820 000	22 141 000	31 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 042 000	63 538 000	49 166 000	96 332 000
Other Income	72 000	21 000	2 309 000	327 000
Revenue	78 115 000	63 559 000	51 475 000	96 659 000
Cost of Goods Sold	32 759 000	25 975 000	14 544 000	33 557 000
Salary Costs	26 450 000	23 254 000	18 117 000	20 601 000
Depreciation	986 000	1 020 000	1 049 000	959 000
Impairment	0	0	0	0
Expenditure	73 747 000	60 270 000	44 980 000	82 734 000
Operating Profit	4 368 000	3 288 000	6 495 000	13 924 000
Financial Income	2 036 000	3 094 000	81 000	48 000
Financial Costs	395 000	251 000	62 000	126 000
Financial Balance	1 641 000	2 843 000	19 000	−78 000
Dividends	500 000	0	0	10 000 000
Net Income	5 127 000	4 768 000	5 080 000	10 791 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 740 000
Machinery and Plant Facilities	3 009 000	1 990 000	0	0
Fixtures	19 000	27 000	0	0
Total Tangible Assets	3 028 000	2 017 000	2 565 000	4 799 000
Total Fiancial Fixed Assets	12 467 000	12 467 000	0	879 000
Total Fixed Assets	15 495 000	14 484 000	2 565 000	5 678 000
Stock	1 551 000	1 585 000	894 000	502 000
Total Investments	0	0	0	0
Cash, Bank	7 254 000	1 972 000	10 464 000	15 627 000
Total Current Assets	23 346 000	23 335 000	19 576 000	26 074 000
Total Assets	38 841 000	37 820 000	22 141 000	31 752 000
Total Equity	22 276 000	17 649 000	12 880 000	7 800 000
Short-Term Group Debt	0	0	0	10 024 000
Total Long-Term Debt	7 394 000	6 907 000	362 000	4 851 000
Creditors	2 127 000	6 772 000	1 909 000	2 858 000
Unpaid Taxes	2 691 000	3 159 000	1 188 000	2 727 000
Dividends	500 000	0	0	10 000 000
Other Current Debt	3 108 000	2 289 000	1 627 000	2 371 000
Total Current Debt	9 172 000	13 264 000	8 898 000	19 101 000
Total Equity and Debt	38 841 000	37 820 000	22 141 000	31 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,02 %	27,02 %	39,44 %	138,35 %
Debt-to-Equity Ratio	0,33	0,39	0,03	0,62
Operating Profit Margin	5,59 %	5,17 %	12,62 %	14,41 %
Current Ratio	2,55	1,76	2,2	1,37
Quick Ratio	3,06	2	2,45	1,4
Equity Ratio	0,57	0,47	0,58	0,25
Gross Profit Margin	58,06 %	59,13 %	71,75 %	65,28 %