THORE ARILD ØKLAND INVEST AS

5384 TORANGSVÅG

Finances

Return on Equity

0,55 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	132 000
Net Income	196 000	889 000	−701 000	0
Total Assets	35 992 000	37 184 000	38 898 000	41 802 000
Total Equity	35 488 000	36 492 000	38 422 000	41 749 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	132 000
Expenditure	446 000	447 000	1 399 000	405 000
Operating Profit	−446 000	−448 000	−1 400 000	−273 000
Financial Income	698 000	1 591 000	500 000	272 000
Financial Costs	1 000	0	0	0
Financial Balance	697 000	1 591 000	500 000	272 000
Earnings Before Tax	252 000	1 143 000	−899 000	0
Tax	56 000	254 000	−198 000	0
Net Income	196 000	889 000	−701 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 955 000	35 028 000	38 318 000	41 438 000
Total Current Assets	1 037 000	2 155 000	580 000	364 000
Total Assets	35 992 000	37 184 000	38 898 000	41 802 000
Total Retained Equity	32 116 000	33 120 000	35 051 000	38 377 000
Total Equity	35 488 000	36 492 000	38 422 000	41 749 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	504 000	692 000	476 000	53 000
Total Equity and Debt	35 992 000	37 184 000	38 898 000	41 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	132 000
Revenue	0	0	0	132 000
Cost of Goods Sold	0	0	0	0
Salary Costs	351 000	351 000	351 000	347 000
Depreciation	0	0	0	0
Impairment	0	0	900 000	0
Expenditure	446 000	447 000	1 399 000	405 000
Operating Profit	−446 000	−448 000	−1 400 000	−273 000
Financial Income	698 000	1 591 000	500 000	272 000
Financial Costs	1 000	0	0	0
Financial Balance	697 000	1 591 000	500 000	272 000
Dividends	1 200 000	2 820 000	2 625 000	0
Net Income	196 000	889 000	−701 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	127 000	158 000	198 000	0
Real Eastate	0	0	2 500 000	3 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	2 500 000	3 400 000
Total Fiancial Fixed Assets	34 828 000	34 870 000	35 620 000	38 038 000
Total Fixed Assets	34 955 000	35 028 000	38 318 000	41 438 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	328 000	564 000	73 000	83 000
Total Current Assets	1 037 000	2 155 000	580 000	364 000
Total Assets	35 992 000	37 184 000	38 898 000	41 802 000
Total Equity	35 488 000	36 492 000	38 422 000	41 749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	1 000	0	0
Unpaid Taxes	23 000	23 000	23 000	21 000
Dividends	1 200 000	2 820 000	2 625 000	0
Other Current Debt	453 000	453 000	453 000	33 000
Total Current Debt	504 000	692 000	476 000	53 000
Total Equity and Debt	35 992 000	37 184 000	38 898 000	41 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,55 %	2,44 %	−1,82 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−206,82 %
Current Ratio	2,06	3,11	1,22	6,87
Quick Ratio	2,06	3,11	1,22	6,87
Equity Ratio	0,99	0,98	0,99	1
Gross Profit Margin	-	-	-	100 %