ØLVE BRUK AS

5637 ØLVE

Finances

Share Ownership

Return on Equity

−70,41 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	18 000	0	0
Net Income	−188 000	−177 000	−199 000	−260 000
Total Assets	2 526 000	617 000	261 000	445 000
Total Equity	267 000	455 000	242 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	18 000	0	0
Expenditure	230 000	243 000	257 000	330 000
Operating Profit	−230 000	−225 000	−258 000	−330 000
Financial Income	1 000	0	2 000	4 000
Financial Costs	13 000	2 000	0	7 000
Financial Balance	−12 000	−2 000	2 000	−3 000
Earnings Before Tax	−241 000	−226 000	−256 000	−333 000
Tax	−53 000	−50 000	−56 000	−73 000
Net Income	−188 000	−177 000	−199 000	−260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 526 000	116 000	200 000	166 000
Total Current Assets	1 000	501 000	61 000	279 000
Total Assets	2 526 000	617 000	261 000	445 000
Total Retained Equity	−5 188 000	−5 000 000	−4 823 000	−4 624 000
Total Equity	267 000	455 000	242 000	441 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 259 000	161 000	18 000	4 000
Total Equity and Debt	2 526 000	617 000	261 000	445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	18 000	0	0
Revenue	0	18 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	230 000	243 000	257 000	330 000
Operating Profit	−230 000	−225 000	−258 000	−330 000
Financial Income	1 000	0	2 000	4 000
Financial Costs	13 000	2 000	0	7 000
Financial Balance	−12 000	−2 000	2 000	−3 000
Dividends	0	0	0	0
Net Income	−188 000	−177 000	−199 000	−260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	168 000	115 000	175 000	118 000
Real Eastate	2 358 000	0	0	0
Machinery and Plant Facilities	0	2 000	15 000	28 000
Fixtures	0	0	10 000	20 000
Total Tangible Assets	2 358 000	2 000	25 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 526 000	116 000	200 000	166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 000	501 000	61 000	279 000
Total Assets	2 526 000	617 000	261 000	445 000
Total Equity	267 000	455 000	242 000	441 000
Short-Term Group Debt	2 259 000	161 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	18 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 259 000	161 000	18 000	4 000
Total Equity and Debt	2 526 000	617 000	261 000	445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,41 %	−38,9 %	−82,23 %	−58,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−1 250 %	-	-
Current Ratio	0	3,11	3,39	69,75
Quick Ratio	0	3,11	3,39	69,75
Equity Ratio	0,11	0,74	0,93	0,99
Gross Profit Margin	-	100 %	-	-