OVESEN HOLDING AS

9310 SØRREISA

Finances

Return on Equity

−6,2 %

Current Ratio

1 553,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 887 000	0	0	0
Net Income	−2 596 000	10 061 000	6 471 000	2 623 000
Total Assets	41 866 000	47 055 000	34 953 000	30 407 000
Total Equity	41 844 000	44 261 000	34 200 000	29 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 887 000	0	0	0
Expenditure	77 000	178 000	44 000	37 000
Operating Profit	−2 702 000	−178 000	−44 000	−37 000
Financial Income	128 000	11 812 000	7 837 000	3 248 000
Financial Costs	0	1 397 000	1 185 000	514 000
Financial Balance	128 000	10 415 000	6 652 000	2 734 000
Earnings Before Tax	−2 574 000	10 237 000	6 608 000	2 698 000
Tax	21 000	176 000	137 000	75 000
Net Income	−2 596 000	10 061 000	6 471 000	2 623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 690 000	7 690 000	7 885 000	6 595 000
Total Current Assets	34 176 000	39 365 000	27 068 000	23 811 000
Total Assets	41 866 000	47 055 000	34 953 000	30 407 000
Total Retained Equity	40 628 000	43 046 000	32 985 000	28 514 000
Total Equity	41 844 000	44 261 000	34 200 000	29 729 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	2 794 000	753 000	678 000
Total Equity and Debt	41 866 000	47 055 000	34 953 000	30 407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 887 000	0	0	0
Revenue	2 887 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	77 000	178 000	44 000	37 000
Operating Profit	−2 702 000	−178 000	−44 000	−37 000
Financial Income	128 000	11 812 000	7 837 000	3 248 000
Financial Costs	0	1 397 000	1 185 000	514 000
Financial Balance	128 000	10 415 000	6 652 000	2 734 000
Dividends	0	0	2 000 000	0
Net Income	−2 596 000	10 061 000	6 471 000	2 623 000

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	160 000	160 000	160 000	160 000
Total Tangible Assets	160 000	160 000	160 000	160 000
Total Fiancial Fixed Assets	7 530 000	7 530 000	7 725 000	6 435 000
Total Fixed Assets	7 690 000	7 690 000	7 885 000	6 595 000
Stock	0	0	0	0
Total Investments	28 314 000	30 998 000	20 700 000	17 554 000
Cash, Bank	3 554 000	5 723 000	6 367 000	6 258 000
Total Current Assets	34 176 000	39 365 000	27 068 000	23 811 000
Total Assets	41 866 000	47 055 000	34 953 000	30 407 000
Total Equity	41 844 000	44 261 000	34 200 000	29 729 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	0	−14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	2 000 000	0
Other Current Debt	0	2 616 000	616 000	616 000
Total Current Debt	22 000	2 794 000	753 000	678 000
Total Equity and Debt	41 866 000	47 055 000	34 953 000	30 407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,2 %	22,73 %	18,92 %	8,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−93,59 %	-	-	-
Current Ratio	1 553,45	14,09	35,95	35,12
Quick Ratio	1 553,45	14,09	35,95	35,12
Equity Ratio	1	0,94	0,98	0,98
Gross Profit Margin	100 %	-	-	-