OVAS AS

5221 NESTTUN

Finances

Share Ownership

Return on Equity

47,84 %

Current Ratio

3,49

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 755 000	2 570 000	2 628 000	2 286 000
Net Income	686 000	614 000	717 000	481 000
Total Assets	2 007 000	1 964 000	1 673 000	1 297 000
Total Equity	1 434 000	747 000	733 000	616 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 755 000	2 570 000	2 628 000	2 286 000
Expenditure	1 889 000	1 853 000	1 708 000	1 667 000
Operating Profit	866 000	718 000	920 000	619 000
Financial Income	39 000	96 000	1 000	1 000
Financial Costs	64 000	42 000	1 000	0
Financial Balance	−25 000	54 000	0	1 000
Earnings Before Tax	842 000	771 000	920 000	619 000
Tax	155 000	157 000	203 000	138 000
Net Income	686 000	614 000	717 000	481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	369 000	455 000	194 000
Total Current Assets	1 891 000	1 595 000	1 218 000	1 103 000
Total Assets	2 007 000	1 964 000	1 673 000	1 297 000
Total Retained Equity	1 334 000	647 000	633 000	516 000
Total Equity	1 434 000	747 000	733 000	616 000
Total Long-Term Debt	31 000	44 000	53 000	13 000
Total Current Debt	542 000	1 173 000	887 000	668 000
Total Equity and Debt	2 007 000	1 964 000	1 673 000	1 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 752 000	2 570 000	2 498 000	2 286 000
Other Income	3 000	0	130 000	0
Revenue	2 755 000	2 570 000	2 628 000	2 286 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 528 000	1 536 000	1 538 000	1 516 000
Depreciation	31 000	86 000	38 000	26 000
Impairment	0	0	0	0
Expenditure	1 889 000	1 853 000	1 708 000	1 667 000
Operating Profit	866 000	718 000	920 000	619 000
Financial Income	39 000	96 000	1 000	1 000
Financial Costs	64 000	42 000	1 000	0
Financial Balance	−25 000	54 000	0	1 000
Dividends	0	600 000	600 000	0
Net Income	686 000	614 000	717 000	481 000

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	116 000	369 000	455 000	194 000
Total Tangible Assets	116 000	369 000	455 000	194 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	116 000	369 000	455 000	194 000
Stock	0	0	0	0
Total Investments	503 000	508 000	0	0
Cash, Bank	500 000	436 000	683 000	621 000
Total Current Assets	1 891 000	1 595 000	1 218 000	1 103 000
Total Assets	2 007 000	1 964 000	1 673 000	1 297 000
Total Equity	1 434 000	747 000	733 000	616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	44 000	53 000	13 000
Creditors	23 000	19 000	1 000	81 000
Unpaid Taxes	255 000	252 000	288 000	323 000
Dividends	0	600 000	600 000	0
Other Current Debt	66 000	135 000	135 000	128 000
Total Current Debt	542 000	1 173 000	887 000	668 000
Total Equity and Debt	2 007 000	1 964 000	1 673 000	1 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,84 %	82,2 %	97,82 %	78,08 %
Debt-to-Equity Ratio	0,02	0,06	0,07	0,02
Operating Profit Margin	31,43 %	27,94 %	35,01 %	27,08 %
Current Ratio	3,49	1,36	1,37	1,65
Quick Ratio	3,49	1,36	1,37	1,65
Equity Ratio	0,71	0,38	0,44	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %