ØLVE EIGEDOMSUTVIKLING AS

5635 HATLESTRAND

Finances

Share Ownership

Return on Equity

−27,34 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	856 000	0	0	0
Net Income	−35 000	−33 000	−27 000	−29 000
Total Assets	3 362 000	4 073 000	4 015 000	4 015 000
Total Equity	128 000	163 000	163 000	163 000

Income (NOK)	2022	2021	2020	2019
Revenue	856 000	0	0	0
Expenditure	890 000	42 000	37 000	40 000
Operating Profit	−34 000	−42 000	−37 000	−40 000
Financial Income	0	0	2 000	3 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	2 000	3 000
Earnings Before Tax	−35 000	−43 000	−34 000	−37 000
Tax	0	−9 000	−8 000	−8 000
Net Income	−35 000	−33 000	−27 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 362 000	4 073 000	4 015 000	4 015 000
Total Assets	3 362 000	4 073 000	4 015 000	4 015 000
Total Retained Equity	−69 000	−34 000	−1 000	26 000
Total Equity	128 000	163 000	163 000	163 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 235 000	3 910 000	3 852 000	3 853 000
Total Equity and Debt	3 362 000	4 073 000	4 015 000	4 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	856 000	0	0	0
Other Income	0	0	0	0
Revenue	856 000	0	0	0
Cost of Goods Sold	858 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	890 000	42 000	37 000	40 000
Operating Profit	−34 000	−42 000	−37 000	−40 000
Financial Income	0	0	2 000	3 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	2 000	3 000
Dividends	0	0	0	0
Net Income	−35 000	−33 000	−27 000	−29 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	3 204 000	3 929 000	3 898 000	3 898 000
Total Investments	0	0	0	0
Cash, Bank	43 000	29 000	45 000	83 000
Total Current Assets	3 362 000	4 073 000	4 015 000	4 015 000
Total Assets	3 362 000	4 073 000	4 015 000	4 015 000
Total Equity	128 000	163 000	163 000	163 000
Short-Term Group Debt	3 161 000	3 907 000	3 851 000	3 851 000
Total Long-Term Debt	0	0	0	0
Creditors	43 000	3 000	1 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	31 000	0	0	0
Total Current Debt	3 235 000	3 910 000	3 852 000	3 853 000
Total Equity and Debt	3 362 000	4 073 000	4 015 000	4 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,34 %	−20,25 %	−16,56 %	−17,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,97 %	-	-	-
Current Ratio	1,04	1,04	1,04	1,04
Quick Ratio	108,45	−214,37	−87,28	−89,22
Equity Ratio	0,04	0,04	0,04	0,04
Gross Profit Margin	−0,23 %	-	-	-