ØVRE LANGGATE 69 AS

3117 TØNSBERG

Finances

Return on Equity

132,62 %

Current Ratio

1,9

Debt-to-Equity Ratio

−3,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 342 000	591 000	580 000	592 000
Net Income	−1 171 000	−118 000	−25 000	−107 000
Total Assets	3 125 000	5 504 000	5 241 000	5 086 000
Total Equity	−883 000	288 000	406 000	431 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 342 000	591 000	580 000	592 000
Expenditure	1 903 000	438 000	432 000	536 000
Operating Profit	−560 000	153 000	148 000	56 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	198 000	272 000	175 000	165 000
Financial Balance	−198 000	−271 000	−173 000	−163 000
Earnings Before Tax	−758 000	−118 000	−25 000	−107 000
Tax	413 000	0	0	0
Net Income	−1 171 000	−118 000	−25 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 192 000	4 754 000	4 531 000	4 598 000
Total Current Assets	932 000	751 000	710 000	488 000
Total Assets	3 125 000	5 504 000	5 241 000	5 086 000
Total Retained Equity	−1 483 000	−312 000	−194 000	−169 000
Total Equity	−883 000	288 000	406 000	431 000
Total Long-Term Debt	3 517 000	4 710 000	4 250 000	4 174 000
Total Current Debt	490 000	506 000	585 000	482 000
Total Equity and Debt	3 125 000	5 504 000	5 241 000	5 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	585 000	0	0	0
Other Income	757 000	591 000	580 000	592 000
Revenue	1 342 000	591 000	580 000	592 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	155 000	128 000	114 000	114 000
Impairment	0	0	0	0
Expenditure	1 903 000	438 000	432 000	536 000
Operating Profit	−560 000	153 000	148 000	56 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	198 000	272 000	175 000	165 000
Financial Balance	−198 000	−271 000	−173 000	−163 000
Dividends	0	0	0	0
Net Income	−1 171 000	−118 000	−25 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 192 000	4 641 000	4 318 000	4 386 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	113 000	113 000	113 000
Total Tangible Assets	2 192 000	4 754 000	4 431 000	4 498 000
Total Fiancial Fixed Assets	0	0	100 000	100 000
Total Fixed Assets	2 192 000	4 754 000	4 531 000	4 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	315 000	162 000	62 000
Total Current Assets	932 000	751 000	710 000	488 000
Total Assets	3 125 000	5 504 000	5 241 000	5 086 000
Total Equity	−883 000	288 000	406 000	431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 517 000	4 710 000	4 250 000	4 174 000
Creditors	35 000	48 000	120 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	43 000	459 000	465 000	469 000
Total Current Debt	490 000	506 000	585 000	482 000
Total Equity and Debt	3 125 000	5 504 000	5 241 000	5 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,62 %	−40,97 %	−6,16 %	−24,83 %
Debt-to-Equity Ratio	−3,98	16,35	10,47	9,68
Operating Profit Margin	−41,73 %	25,89 %	25,52 %	9,46 %
Current Ratio	1,9	1,48	1,21	1,01
Quick Ratio	1,9	1,48	1,21	1,01
Equity Ratio	−0,28	0,05	0,08	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %