OLAV EIGELAND EIENDOM AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

90,05 %

Current Ratio

1,16

Debt-to-Equity Ratio

−1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	8 000 000	240 000
Net Income	−561 000	−54 000	13 000	−2 000
Total Assets	541 000	586 000	563 000	5 537 000
Total Equity	−623 000	−62 000	−8 000	−21 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	8 000 000	240 000
Expenditure	529 000	26 000	2 834 000	3 060 000
Operating Profit	−529 000	−26 000	191 000	178 000
Financial Income	0	0	0	0
Financial Costs	32 000	28 000	176 000	180 000
Financial Balance	−32 000	−28 000	−176 000	−180 000
Earnings Before Tax	−561 000	−54 000	16 000	−2 000
Tax	0	0	3 000	0
Net Income	−561 000	−54 000	13 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	25 000	0	0
Total Current Assets	541 000	561 000	563 000	5 537 000
Total Assets	541 000	586 000	563 000	5 537 000
Total Retained Equity	−1 681 000	−1 120 000	−1 066 000	−1 079 000
Total Equity	−623 000	−62 000	−8 000	−21 000
Total Long-Term Debt	696 000	500 000	500 000	2 670 000
Total Current Debt	467 000	148 000	71 000	2 887 000
Total Equity and Debt	541 000	586 000	563 000	5 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	7 905 000	0
Other Income	0	0	95 000	240 000
Revenue	0	0	8 000 000	240 000
Cost of Goods Sold	494 000	0	2 806 000	3 043 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	529 000	26 000	2 834 000	3 060 000
Operating Profit	−529 000	−26 000	191 000	178 000
Financial Income	0	0	0	0
Financial Costs	32 000	28 000	176 000	180 000
Financial Balance	−32 000	−28 000	−176 000	−180 000
Dividends	0	0	0	0
Net Income	−561 000	−54 000	13 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	25 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	25 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	25 000	0	0
Stock	537 000	537 000	537 000	5 512 000
Total Investments	0	0	0	0
Cash, Bank	4 000	24 000	26 000	22 000
Total Current Assets	541 000	561 000	563 000	5 537 000
Total Assets	541 000	586 000	563 000	5 537 000
Total Equity	−623 000	−62 000	−8 000	−21 000
Short-Term Group Debt	0	0	66 000	117 000
Total Long-Term Debt	696 000	500 000	500 000	2 670 000
Creditors	465 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	148 000	2 000	105 000
Total Current Debt	467 000	148 000	71 000	2 887 000
Total Equity and Debt	541 000	586 000	563 000	5 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,05 %	87,1 %	−162,5 %	9,52 %
Debt-to-Equity Ratio	−1,12	−8,06	−62,5	−127,14
Operating Profit Margin	-	-	2,39 %	74,17 %
Current Ratio	1,16	3,79	7,93	1,92
Quick Ratio	−7,73	−1,44	−1,21	−2,11
Equity Ratio	−1,15	−0,11	−0,01	−0
Gross Profit Margin	-	-	64,93 %	−1 167,92 %