ØVRETVEIT INVEST AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

1,6 %

Current Ratio

29,14

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	215 000	196 000	100 000	508 000
Net Income	55 000	81 000	−10 000	279 000
Total Assets	3 919 000	3 889 000	3 945 000	4 021 000
Total Equity	3 436 000	3 382 000	3 400 000	3 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	215 000	196 000	100 000	508 000
Expenditure	174 000	106 000	139 000	172 000
Operating Profit	40 000	90 000	−38 000	337 000
Financial Income	30 000	14 000	25 000	21 000
Financial Costs	0	0	0	0
Financial Balance	30 000	14 000	25 000	21 000
Earnings Before Tax	70 000	104 000	−13 000	358 000
Tax	15 000	23 000	−3 000	79 000
Net Income	55 000	81 000	−10 000	279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 850 000	1 850 000	1 850 000	1 981 000
Total Current Assets	2 069 000	2 039 000	2 095 000	2 040 000
Total Assets	3 919 000	3 889 000	3 945 000	4 021 000
Total Retained Equity	1 040 000	985 000	1 004 000	1 044 000
Total Equity	3 436 000	3 382 000	3 400 000	3 441 000
Total Long-Term Debt	412 000	433 000	459 000	492 000
Total Current Debt	71 000	74 000	86 000	89 000
Total Equity and Debt	3 919 000	3 889 000	3 945 000	4 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	215 000	196 000	100 000	508 000
Revenue	215 000	196 000	100 000	508 000
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	174 000	106 000	139 000	172 000
Operating Profit	40 000	90 000	−38 000	337 000
Financial Income	30 000	14 000	25 000	21 000
Financial Costs	0	0	0	0
Financial Balance	30 000	14 000	25 000	21 000
Dividends	0	100 000	30 000	30 000
Net Income	55 000	81 000	−10 000	279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 850 000	1 850 000	1 850 000	1 850 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 850 000	1 850 000	1 850 000	1 850 000
Total Fiancial Fixed Assets	0	0	0	131 000
Total Fixed Assets	1 850 000	1 850 000	1 850 000	1 981 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 069 000	2 039 000	2 095 000	2 038 000
Total Current Assets	2 069 000	2 039 000	2 095 000	2 040 000
Total Assets	3 919 000	3 889 000	3 945 000	4 021 000
Total Equity	3 436 000	3 382 000	3 400 000	3 441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	412 000	433 000	459 000	492 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	100 000	30 000	30 000
Other Current Debt	34 000	25 000	26 000	14 000
Total Current Debt	71 000	74 000	86 000	89 000
Total Equity and Debt	3 919 000	3 889 000	3 945 000	4 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,6 %	2,4 %	−0,29 %	8,11 %
Debt-to-Equity Ratio	0,12	0,13	0,14	0,14
Operating Profit Margin	18,6 %	45,92 %	−38 %	66,34 %
Current Ratio	29,14	27,55	24,36	22,92
Quick Ratio	29,14	27,55	24,36	22,92
Equity Ratio	0,88	0,87	0,86	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %