OITA AS

2232 TOBØL

Finances

Return on Equity

15,26 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	20 000	20 000	12 000
Net Income	492 000	993 000	1 000	44 000
Total Assets	4 148 000	3 563 000	3 134 000	3 120 000
Total Equity	3 225 000	3 233 000	2 740 000	3 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	20 000	20 000	12 000
Expenditure	28 000	26 000	20 000	9 000
Operating Profit	−8 000	−6 000	0	3 000
Financial Income	500 000	1 001 000	1 000	51 000
Financial Costs	0	0	0	1 000
Financial Balance	500 000	1 001 000	1 000	50 000
Earnings Before Tax	492 000	995 000	1 000	54 000
Tax	0	2 000	0	10 000
Net Income	492 000	993 000	1 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 525 000	2 525 000	2 525 000	2 525 000
Total Current Assets	1 623 000	1 038 000	609 000	595 000
Total Assets	4 148 000	3 563 000	3 134 000	3 120 000
Total Retained Equity	3 125 000	3 133 000	2 640 000	2 939 000
Total Equity	3 225 000	3 233 000	2 740 000	3 039 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	923 000	330 000	395 000	81 000
Total Equity and Debt	4 148 000	3 563 000	3 134 000	3 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 000
Other Income	20 000	20 000	20 000	11 000
Revenue	20 000	20 000	20 000	12 000
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	28 000	26 000	20 000	9 000
Operating Profit	−8 000	−6 000	0	3 000
Financial Income	500 000	1 001 000	1 000	51 000
Financial Costs	0	0	0	1 000
Financial Balance	500 000	1 001 000	1 000	50 000
Dividends	500 000	200 000	300 000	0
Net Income	492 000	993 000	1 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 525 000	2 525 000	2 525 000	2 525 000
Total Fixed Assets	2 525 000	2 525 000	2 525 000	2 525 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	804 000	8 000	301 000	286 000
Total Current Assets	1 623 000	1 038 000	609 000	595 000
Total Assets	4 148 000	3 563 000	3 134 000	3 120 000
Total Equity	3 225 000	3 233 000	2 740 000	3 039 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	500 000	200 000	300 000	0
Other Current Debt	923 000	328 000	394 000	72 000
Total Current Debt	923 000	330 000	395 000	81 000
Total Equity and Debt	4 148 000	3 563 000	3 134 000	3 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,26 %	30,71 %	0,04 %	1,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−40 %	−30 %	0 %	25 %
Current Ratio	1,76	3,15	1,54	7,35
Quick Ratio	1,76	3,15	1,54	7,35
Equity Ratio	0,78	0,91	0,87	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %