ØLBERG STRANDHAGER FELLESHUS AS

4053 RÆGE

Finances

Share Ownership

Return on Equity

−6,12 %

Current Ratio

5,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	324 000	342 000	239 000	315 000
Net Income	−131 000	−29 000	−138 000	−106 000
Total Assets	2 183 000	2 299 000	2 325 000	2 461 000
Total Equity	2 140 000	2 271 000	2 300 000	2 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	324 000	342 000	239 000	315 000
Expenditure	455 000	372 000	377 000	421 000
Operating Profit	−131 000	−30 000	−138 000	−106 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−131 000	−29 000	−138 000	−106 000
Tax	0	0	0	0
Net Income	−131 000	−29 000	−138 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 963 000	2 063 000	2 168 000	2 282 000
Total Current Assets	220 000	237 000	158 000	180 000
Total Assets	2 183 000	2 299 000	2 325 000	2 461 000
Total Retained Equity	0	0	0	0
Total Equity	2 140 000	2 271 000	2 300 000	2 438 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	42 000	28 000	25 000	23 000
Total Equity and Debt	2 183 000	2 299 000	2 325 000	2 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	74 000	54 000	73 000
Other Income	224 000	268 000	186 000	242 000
Revenue	324 000	342 000	239 000	315 000
Cost of Goods Sold	0	0	0	0
Salary Costs	41 000	22 000	18 000	27 000
Depreciation	100 000	105 000	114 000	116 000
Impairment	0	0	0	0
Expenditure	455 000	372 000	377 000	421 000
Operating Profit	−131 000	−30 000	−138 000	−106 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−131 000	−29 000	−138 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 963 000	2 057 000	2 152 000	2 247 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	15 000	34 000
Total Tangible Assets	1 963 000	2 063 000	2 168 000	2 282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 963 000	2 063 000	2 168 000	2 282 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	158 000	222 000	135 000	168 000
Total Current Assets	220 000	237 000	158 000	180 000
Total Assets	2 183 000	2 299 000	2 325 000	2 461 000
Total Equity	2 140 000	2 271 000	2 300 000	2 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	11 000	3 000	5 000
Unpaid Taxes	5 000	8 000	4 000	6 000
Dividends	0	0	0	0
Other Current Debt	22 000	9 000	18 000	12 000
Total Current Debt	42 000	28 000	25 000	23 000
Total Equity and Debt	2 183 000	2 299 000	2 325 000	2 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,12 %	−1,28 %	−6 %	−4,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−40,43 %	−8,77 %	−57,74 %	−33,65 %
Current Ratio	5,24	8,46	6,32	7,83
Quick Ratio	5,24	8,46	6,32	7,83
Equity Ratio	0,98	0,99	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %