ØVSTETUN GARD AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

1,51 %

Current Ratio

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	50 000	60 000	50 000
Net Income	13 000	10 000	34 000	21 000
Total Assets	1 708 000	1 698 000	1 700 000	1 677 000
Total Equity	861 000	848 000	839 000	804 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	50 000	60 000	50 000
Expenditure	24 000	38 000	18 000	26 000
Operating Profit	16 000	12 000	42 000	24 000
Financial Income	1 000	1 000	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	2 000	4 000
Earnings Before Tax	17 000	12 000	44 000	27 000
Tax	4 000	3 000	10 000	6 000
Net Income	13 000	10 000	34 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 068 000	1 068 000	1 068 000	1 068 000
Total Current Assets	640 000	630 000	632 000	609 000
Total Assets	1 708 000	1 698 000	1 700 000	1 677 000
Total Retained Equity	661 000	648 000	639 000	604 000
Total Equity	861 000	848 000	839 000	804 000
Total Long-Term Debt	831 000	845 000	850 000	857 000
Total Current Debt	16 000	5 000	11 000	15 000
Total Equity and Debt	1 708 000	1 698 000	1 700 000	1 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	40 000	50 000	60 000	50 000
Revenue	40 000	50 000	60 000	50 000
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	24 000	38 000	18 000	26 000
Operating Profit	16 000	12 000	42 000	24 000
Financial Income	1 000	1 000	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	2 000	4 000
Dividends	0	0	0	0
Net Income	13 000	10 000	34 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 068 000	1 068 000	1 068 000	1 068 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 068 000	1 068 000	1 068 000	1 068 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 068 000	1 068 000	1 068 000	1 068 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	630 000	610 000	622 000	589 000
Total Current Assets	640 000	630 000	632 000	609 000
Total Assets	1 708 000	1 698 000	1 700 000	1 677 000
Total Equity	861 000	848 000	839 000	804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	831 000	845 000	850 000	857 000
Creditors	12 000	3 000	1 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	16 000	5 000	11 000	15 000
Total Equity and Debt	1 708 000	1 698 000	1 700 000	1 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,51 %	1,18 %	4,05 %	2,61 %
Debt-to-Equity Ratio	0,97	1	1,01	1,07
Operating Profit Margin	40 %	24 %	70 %	48 %
Current Ratio	40	126	57,45	40,6
Quick Ratio	40	126	57,45	40,6
Equity Ratio	0,5	0,5	0,49	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %