HARALD ØSTERVOLD INVEST AS

5384 TORANGSVÅG

Finances

Return on Equity

−7,46 %

Current Ratio

45,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	750 000	625 000
Net Income	−432 000	287 000	310 000	95 000
Total Assets	5 918 000	6 367 000	6 317 000	6 082 000
Total Equity	5 789 000	6 291 000	6 079 000	5 769 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	750 000	625 000
Expenditure	112 000	302 000	623 000	631 000
Operating Profit	−112 000	−302 000	127 000	−6 000
Financial Income	434 000	808 000	221 000	144 000
Financial Costs	754 000	255 000	0	39 000
Financial Balance	−320 000	553 000	221 000	105 000
Earnings Before Tax	−432 000	251 000	347 000	99 000
Tax	0	−36 000	37 000	5 000
Net Income	−432 000	287 000	310 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	79 000	120 000	221 000
Total Current Assets	5 918 000	6 288 000	6 197 000	5 860 000
Total Assets	5 918 000	6 367 000	6 317 000	6 082 000
Total Retained Equity	674 000	1 176 000	964 000	654 000
Total Equity	5 789 000	6 291 000	6 079 000	5 769 000
Total Long-Term Debt	0	0	36 000	59 000
Total Current Debt	130 000	76 000	201 000	253 000
Total Equity and Debt	5 918 000	6 367 000	6 317 000	6 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	750 000	625 000
Other Income	0	0	0	0
Revenue	0	0	750 000	625 000
Cost of Goods Sold	0	0	0	0
Salary Costs	68 000	47 000	419 000	434 000
Depreciation	0	41 000	80 000	80 000
Impairment	0	0	0	0
Expenditure	112 000	302 000	623 000	631 000
Operating Profit	−112 000	−302 000	127 000	−6 000
Financial Income	434 000	808 000	221 000	144 000
Financial Costs	754 000	255 000	0	39 000
Financial Balance	−320 000	553 000	221 000	105 000
Dividends	70 000	75 000	0	0
Net Income	−432 000	287 000	310 000	95 000

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	41 000	121 000
Total Tangible Assets	0	0	41 000	121 000
Total Fiancial Fixed Assets	0	79 000	79 000	101 000
Total Fixed Assets	0	79 000	120 000	221 000
Stock	0	0	0	0
Total Investments	4 246 000	4 578 000	2 831 000	621 000
Cash, Bank	1 611 000	940 000	1 889 000	2 762 000
Total Current Assets	5 918 000	6 288 000	6 197 000	5 860 000
Total Assets	5 918 000	6 367 000	6 317 000	6 082 000
Total Equity	5 789 000	6 291 000	6 079 000	5 769 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	36 000	59 000
Creditors	3 000	2 000	0	0
Unpaid Taxes	22 000	−1 000	62 000	33 000
Dividends	70 000	75 000	0	0
Other Current Debt	34 000	0	79 000	192 000
Total Current Debt	130 000	76 000	201 000	253 000
Total Equity and Debt	5 918 000	6 367 000	6 317 000	6 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,46 %	4,56 %	5,1 %	1,65 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	-	-	16,93 %	−0,96 %
Current Ratio	45,52	82,74	30,83	23,16
Quick Ratio	45,52	82,74	30,83	23,16
Equity Ratio	0,98	0,99	0,96	0,95
Gross Profit Margin	-	-	100 %	100 %