TANNLEGE KIRSTEN ØVESTAD AS

4011 STAVANGER

Finances

Share Ownership

Return on Equity

15,6 %

Current Ratio

6,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 334 000	4 300 000	4 364 000	4 588 000
Net Income	1 122 000	938 000	1 090 000	1 437 000
Total Assets	8 564 000	8 185 000	8 115 000	7 832 000
Total Equity	7 191 000	6 869 000	6 731 000	6 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 334 000	4 300 000	4 364 000	4 588 000
Expenditure	2 948 000	3 121 000	3 072 000	3 274 000
Operating Profit	1 385 000	1 178 000	1 293 000	1 315 000
Financial Income	53 000	25 000	896 000	420 000
Financial Costs	0	0	805 000	0
Financial Balance	53 000	25 000	91 000	420 000
Earnings Before Tax	1 438 000	1 203 000	1 384 000	1 735 000
Tax	316 000	265 000	294 000	298 000
Net Income	1 122 000	938 000	1 090 000	1 437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	238 000	142 000	138 000	194 000
Total Current Assets	8 326 000	8 042 000	7 977 000	7 638 000
Total Assets	8 564 000	8 185 000	8 115 000	7 832 000
Total Retained Equity	6 728 000	6 407 000	6 268 000	5 978 000
Total Equity	7 191 000	6 869 000	6 731 000	6 441 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 373 000	1 316 000	1 384 000	1 391 000
Total Equity and Debt	8 564 000	8 185 000	8 115 000	7 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 334 000	4 300 000	4 346 000	4 588 000
Other Income	0	0	18 000	0
Revenue	4 334 000	4 300 000	4 364 000	4 588 000
Cost of Goods Sold	666 000	683 000	935 000	874 000
Salary Costs	1 664 000	1 713 000	1 493 000	1 745 000
Depreciation	47 000	59 000	60 000	60 000
Impairment	0	0	0	0
Expenditure	2 948 000	3 121 000	3 072 000	3 274 000
Operating Profit	1 385 000	1 178 000	1 293 000	1 315 000
Financial Income	53 000	25 000	896 000	420 000
Financial Costs	0	0	805 000	0
Financial Balance	53 000	25 000	91 000	420 000
Dividends	800 000	0	800 000	800 000
Net Income	1 122 000	938 000	1 090 000	1 437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	16 000	13 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	226 000	127 000	125 000	185 000
Total Tangible Assets	226 000	127 000	125 000	185 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	238 000	142 000	138 000	194 000
Stock	56 000	68 000	59 000	52 000
Total Investments	0	0	0	2 683 000
Cash, Bank	8 232 000	7 945 000	7 730 000	4 744 000
Total Current Assets	8 326 000	8 042 000	7 977 000	7 638 000
Total Assets	8 564 000	8 185 000	8 115 000	7 832 000
Total Equity	7 191 000	6 869 000	6 731 000	6 441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	9 000	50 000	48 000
Unpaid Taxes	114 000	108 000	108 000	114 000
Dividends	800 000	0	800 000	800 000
Other Current Debt	139 000	131 000	129 000	130 000
Total Current Debt	1 373 000	1 316 000	1 384 000	1 391 000
Total Equity and Debt	8 564 000	8 185 000	8 115 000	7 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,6 %	13,66 %	16,19 %	22,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,96 %	27,4 %	29,63 %	28,66 %
Current Ratio	6,06	6,11	5,76	5,49
Quick Ratio	6,32	6,44	6,02	5,7
Equity Ratio	0,84	0,84	0,83	0,82
Gross Profit Margin	84,63 %	84,12 %	78,57 %	80,95 %