OVAG AS

6165 SÆBØ

Finances

Share Ownership

Return on Equity

61,44 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 989 000	1 791 000	1 639 000	1 450 000
Net Income	94 000	−62 000	22 000	−108 000
Total Assets	696 000	603 000	606 000	509 000
Total Equity	153 000	59 000	120 000	99 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 989 000	1 791 000	1 639 000	1 450 000
Expenditure	2 896 000	1 849 000	1 608 000	1 546 000
Operating Profit	94 000	−57 000	31 000	−97 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	5 000	9 000	11 000
Financial Balance	0	−5 000	−9 000	−11 000
Earnings Before Tax	94 000	−62 000	22 000	−108 000
Tax	0	0	0	0
Net Income	94 000	−62 000	22 000	−108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	127 000	172 000	246 000
Total Current Assets	628 000	477 000	434 000	263 000
Total Assets	696 000	603 000	606 000	509 000
Total Retained Equity	53 000	−41 000	20 000	−1 000
Total Equity	153 000	59 000	120 000	99 000
Total Long-Term Debt	0	62 000	121 000	177 000
Total Current Debt	543 000	483 000	364 000	232 000
Total Equity and Debt	696 000	603 000	606 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 989 000	1 791 000	1 639 000	1 450 000
Other Income	0	0	0	0
Revenue	2 989 000	1 791 000	1 639 000	1 450 000
Cost of Goods Sold	835 000	518 000	554 000	499 000
Salary Costs	1 632 000	964 000	735 000	719 000
Depreciation	59 000	71 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	2 896 000	1 849 000	1 608 000	1 546 000
Operating Profit	94 000	−57 000	31 000	−97 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	5 000	9 000	11 000
Financial Balance	0	−5 000	−9 000	−11 000
Dividends	0	0	0	0
Net Income	94 000	−62 000	22 000	−108 000

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	68 000	127 000	172 000	246 000
Total Tangible Assets	68 000	127 000	172 000	246 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	127 000	172 000	246 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	506 000	252 000	308 000	177 000
Total Current Assets	628 000	477 000	434 000	263 000
Total Assets	696 000	603 000	606 000	509 000
Total Equity	153 000	59 000	120 000	99 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	62 000	121 000	177 000
Creditors	94 000	93 000	38 000	33 000
Unpaid Taxes	179 000	132 000	67 000	57 000
Dividends	0	0	0	0
Other Current Debt	270 000	258 000	259 000	142 000
Total Current Debt	543 000	483 000	364 000	232 000
Total Equity and Debt	696 000	603 000	606 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,44 %	−105,08 %	18,33 %	−109,09 %
Debt-to-Equity Ratio	0	1,05	1,01	1,79
Operating Profit Margin	3,14 %	−3,18 %	1,89 %	−6,69 %
Current Ratio	1,16	0,99	1,19	1,13
Quick Ratio	1,16	0,99	1,19	1,13
Equity Ratio	0,22	0,1	0,2	0,19
Gross Profit Margin	72,06 %	71,08 %	66,2 %	65,59 %