ØLBERGSTRANDA AS

4355 KVERNALAND

Finances

Return on Equity

27,65 %

Current Ratio

Debt-to-Equity Ratio

−6,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	85 000	95 000	55 000
Net Income	−500 000	−336 000	−466 000	−393 000
Total Assets	9 765 000	9 634 000	9 543 000	9 151 000
Total Equity	−1 808 000	−1 308 000	−972 000	−506 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	85 000	95 000	55 000
Expenditure	107 000	67 000	217 000	90 000
Operating Profit	−6 000	18 000	−122 000	−34 000
Financial Income	5 000	0	0	0
Financial Costs	498 000	355 000	344 000	359 000
Financial Balance	−493 000	−355 000	−344 000	−359 000
Earnings Before Tax	−500 000	−336 000	−466 000	−393 000
Tax	0	0	0	0
Net Income	−500 000	−336 000	−466 000	−393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 704 000	9 596 000	9 526 000	9 151 000
Total Current Assets	61 000	38 000	17 000	0
Total Assets	9 765 000	9 634 000	9 543 000	9 151 000
Total Retained Equity	−2 533 000	−2 033 000	−1 697 000	−1 231 000
Total Equity	−1 808 000	−1 308 000	−972 000	−506 000
Total Long-Term Debt	11 572 000	10 932 000	10 515 000	9 643 000
Total Current Debt	1 000	10 000	0	14 000
Total Equity and Debt	9 765 000	9 634 000	9 543 000	9 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	100 000	85 000	95 000	55 000
Revenue	100 000	85 000	95 000	55 000
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	107 000	67 000	217 000	90 000
Operating Profit	−6 000	18 000	−122 000	−34 000
Financial Income	5 000	0	0	0
Financial Costs	498 000	355 000	344 000	359 000
Financial Balance	−493 000	−355 000	−344 000	−359 000
Dividends	0	0	0	0
Net Income	−500 000	−336 000	−466 000	−393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 008 000	2 008 000	2 008 000	2 008 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 008 000	2 008 000	2 008 000	2 008 000
Total Fiancial Fixed Assets	7 697 000	7 589 000	7 518 000	7 143 000
Total Fixed Assets	9 704 000	9 596 000	9 526 000	9 151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	23 000	1 000	0
Total Current Assets	61 000	38 000	17 000	0
Total Assets	9 765 000	9 634 000	9 543 000	9 151 000
Total Equity	−1 808 000	−1 308 000	−972 000	−506 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 572 000	10 932 000	10 515 000	9 643 000
Creditors	0	10 000	0	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	0
Total Current Debt	1 000	10 000	0	14 000
Total Equity and Debt	9 765 000	9 634 000	9 543 000	9 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,65 %	25,69 %	47,94 %	77,67 %
Debt-to-Equity Ratio	−6,4	−8,36	−10,82	−19,06
Operating Profit Margin	−6 %	21,18 %	−128,42 %	−61,82 %
Current Ratio	61	3,8	-	0
Quick Ratio	61	3,8	-	0
Equity Ratio	−0,19	−0,14	−0,1	−0,06
Gross Profit Margin	100 %	100 %	100 %	100 %