ØLEN EIENDOMSUTVIKLING AS

5417 STORD

Finances

Share Ownership

Return on Equity

203,93 %

Current Ratio

0,01

Debt-to-Equity Ratio

3,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 333 000	1 251 000	1 211 000	1 215 000
Net Income	675 000	693 000	532 000	507 000
Total Assets	6 465 000	7 989 000	7 680 000	7 427 000
Total Equity	331 000	4 337 000	3 784 000	3 252 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 333 000	1 251 000	1 211 000	1 215 000
Expenditure	390 000	252 000	378 000	371 000
Operating Profit	944 000	999 000	833 000	844 000
Financial Income	0	0	0	0
Financial Costs	76 000	111 000	128 000	168 000
Financial Balance	−76 000	−111 000	−128 000	−168 000
Earnings Before Tax	867 000	888 000	705 000	676 000
Tax	192 000	196 000	173 000	170 000
Net Income	675 000	693 000	532 000	507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 435 000	6 556 000	6 817 000	6 885 000
Total Current Assets	30 000	1 433 000	863 000	542 000
Total Assets	6 465 000	7 989 000	7 680 000	7 427 000
Total Retained Equity	229 000	4 235 000	3 682 000	3 150 000
Total Equity	331 000	4 337 000	3 784 000	3 252 000
Total Long-Term Debt	1 198 000	3 398 000	3 672 000	3 946 000
Total Current Debt	4 937 000	254 000	225 000	230 000
Total Equity and Debt	6 465 000	7 989 000	7 680 000	7 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 333 000	1 251 000	1 211 000	1 215 000
Revenue	1 333 000	1 251 000	1 211 000	1 215 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	34 000	0
Depreciation	121 000	121 000	207 000	226 000
Impairment	0	0	0	0
Expenditure	390 000	252 000	378 000	371 000
Operating Profit	944 000	999 000	833 000	844 000
Financial Income	0	0	0	0
Financial Costs	76 000	111 000	128 000	168 000
Financial Balance	−76 000	−111 000	−128 000	−168 000
Dividends	0	0	0	0
Net Income	675 000	693 000	532 000	507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 407 000	6 528 000	6 650 000	6 857 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 407 000	6 528 000	6 650 000	6 857 000
Total Fiancial Fixed Assets	28 000	28 000	167 000	28 000
Total Fixed Assets	6 435 000	6 556 000	6 817 000	6 885 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	724 000	824 000	336 000
Total Current Assets	30 000	1 433 000	863 000	542 000
Total Assets	6 465 000	7 989 000	7 680 000	7 427 000
Total Equity	331 000	4 337 000	3 784 000	3 252 000
Short-Term Group Debt	4 873 000	0	0	0
Total Long-Term Debt	1 198 000	3 398 000	3 672 000	3 946 000
Creditors	14 000	2 000	0	0
Unpaid Taxes	49 000	48 000	43 000	48 000
Dividends	0	0	0	0
Other Current Debt	0	8 000	8 000	12 000
Total Current Debt	4 937 000	254 000	225 000	230 000
Total Equity and Debt	6 465 000	7 989 000	7 680 000	7 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	203,93 %	15,98 %	14,06 %	15,59 %
Debt-to-Equity Ratio	3,62	0,78	0,97	1,21
Operating Profit Margin	70,82 %	79,86 %	68,79 %	69,47 %
Current Ratio	0,01	5,64	3,84	2,36
Quick Ratio	0,01	5,64	3,84	2,36
Equity Ratio	0,05	0,54	0,49	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %