ØVRE LANGGATE 50 AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

30,14 %

Current Ratio

3,62

Debt-to-Equity Ratio

2,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 166 000	6 895 000	6 606 000	6 719 000
Net Income	2 540 000	2 001 000	2 005 000	2 369 000
Total Assets	26 985 000	25 620 000	28 039 000	27 011 000
Total Equity	8 427 000	5 888 000	3 887 000	4 882 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 166 000	6 895 000	6 606 000	6 719 000
Expenditure	3 424 000	4 023 000	3 635 000	3 125 000
Operating Profit	3 743 000	2 872 000	2 971 000	3 593 000
Financial Income	61 000	21 000	52 000	37 000
Financial Costs	549 000	328 000	451 000	594 000
Financial Balance	−488 000	−307 000	−399 000	−557 000
Earnings Before Tax	3 256 000	2 565 000	2 572 000	3 037 000
Tax	716 000	564 000	567 000	668 000
Net Income	2 540 000	2 001 000	2 005 000	2 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 093 000	22 009 000	22 646 000	23 383 000
Total Current Assets	4 892 000	3 611 000	5 393 000	3 628 000
Total Assets	26 985 000	25 620 000	28 039 000	27 011 000
Total Retained Equity	7 907 000	5 368 000	3 367 000	4 362 000
Total Equity	8 427 000	5 888 000	3 887 000	4 882 000
Total Long-Term Debt	17 208 000	18 399 000	19 595 000	20 803 000
Total Current Debt	1 350 000	1 334 000	4 557 000	1 326 000
Total Equity and Debt	26 985 000	25 620 000	28 039 000	27 011 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 166 000	6 895 000	6 606 000	6 719 000
Other Income	0	0	0	0
Revenue	7 166 000	6 895 000	6 606 000	6 719 000
Cost of Goods Sold	1 350 000	1 351 000	1 094 000	1 118 000
Salary Costs	0	0	0	0
Depreciation	648 000	637 000	737 000	1 155 000
Impairment	0	0	0	0
Expenditure	3 424 000	4 023 000	3 635 000	3 125 000
Operating Profit	3 743 000	2 872 000	2 971 000	3 593 000
Financial Income	61 000	21 000	52 000	37 000
Financial Costs	549 000	328 000	451 000	594 000
Financial Balance	−488 000	−307 000	−399 000	−557 000
Dividends	0	0	3 000 000	0
Net Income	2 540 000	2 001 000	2 005 000	2 369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 347 000	21 948 000	22 548 000	23 149 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	746 000	61 000	98 000	234 000
Total Tangible Assets	22 093 000	22 009 000	22 646 000	23 383 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 093 000	22 009 000	22 646 000	23 383 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 745 000	3 479 000	5 175 000	3 552 000
Total Current Assets	4 892 000	3 611 000	5 393 000	3 628 000
Total Assets	26 985 000	25 620 000	28 039 000	27 011 000
Total Equity	8 427 000	5 888 000	3 887 000	4 882 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 208 000	18 399 000	19 595 000	20 803 000
Creditors	383 000	195 000	594 000	148 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	3 000 000	0
Other Current Debt	260 000	578 000	3 388 000	446 000
Total Current Debt	1 350 000	1 334 000	4 557 000	1 326 000
Total Equity and Debt	26 985 000	25 620 000	28 039 000	27 011 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,14 %	33,98 %	51,58 %	48,53 %
Debt-to-Equity Ratio	2,04	3,12	5,04	4,26
Operating Profit Margin	52,23 %	41,65 %	44,97 %	53,48 %
Current Ratio	3,62	2,71	1,18	2,74
Quick Ratio	3,62	2,71	1,18	2,74
Equity Ratio	0,31	0,23	0,14	0,18
Gross Profit Margin	81,16 %	80,41 %	83,44 %	83,36 %