ØVRE ELVEGATE 8 AS

3740 SKIEN

Finances

Return on Equity

−96,75 %

Current Ratio

2,99

Debt-to-Equity Ratio

−18,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	352 000	359 000	471 000	419 000
Net Income	119 000	−100 000	−12 000	−20 000
Total Assets	2 252 000	2 221 000	2 426 000	2 402 000
Total Equity	−123 000	−242 000	−142 000	−131 000

Income (NOK)	2022	2021	2020	2019
Revenue	352 000	359 000	471 000	419 000
Expenditure	100 000	358 000	367 000	327 000
Operating Profit	251 000	1 000	104 000	92 000
Financial Income	0	0	0	0
Financial Costs	133 000	100 000	116 000	112 000
Financial Balance	−133 000	−100 000	−116 000	−112 000
Earnings Before Tax	119 000	−100 000	−12 000	−20 000
Tax	0	0	0	0
Net Income	119 000	−100 000	−12 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 016 000	2 016 000	2 016 000	2 002 000
Total Current Assets	236 000	205 000	410 000	400 000
Total Assets	2 252 000	2 221 000	2 426 000	2 402 000
Total Retained Equity	−223 000	−342 000	−242 000	−231 000
Total Equity	−123 000	−242 000	−142 000	−131 000
Total Long-Term Debt	2 296 000	2 434 000	2 565 000	2 527 000
Total Current Debt	79 000	29 000	3 000	6 000
Total Equity and Debt	2 252 000	2 221 000	2 426 000	2 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	352 000	359 000	471 000	419 000
Revenue	352 000	359 000	471 000	419 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−24 000	221 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	100 000	358 000	367 000	327 000
Operating Profit	251 000	1 000	104 000	92 000
Financial Income	0	0	0	0
Financial Costs	133 000	100 000	116 000	112 000
Financial Balance	−133 000	−100 000	−116 000	−112 000
Dividends	0	0	0	0
Net Income	119 000	−100 000	−12 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 002 000	2 002 000	2 002 000	2 002 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 002 000	2 002 000	2 002 000	2 002 000
Total Fiancial Fixed Assets	14 000	14 000	14 000	0
Total Fixed Assets	2 016 000	2 016 000	2 016 000	2 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	4 000	40 000
Total Current Assets	236 000	205 000	410 000	400 000
Total Assets	2 252 000	2 221 000	2 426 000	2 402 000
Total Equity	−123 000	−242 000	−142 000	−131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 296 000	2 434 000	2 565 000	2 527 000
Creditors	16 000	5 000	3 000	6 000
Unpaid Taxes	0	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	63 000	21 000	0	0
Total Current Debt	79 000	29 000	3 000	6 000
Total Equity and Debt	2 252 000	2 221 000	2 426 000	2 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−96,75 %	41,32 %	8,45 %	15,27 %
Debt-to-Equity Ratio	−18,67	−10,06	−18,06	−19,29
Operating Profit Margin	71,31 %	0,28 %	22,08 %	21,96 %
Current Ratio	2,99	7,07	136,67	66,67
Quick Ratio	2,99	7,07	136,67	66,67
Equity Ratio	−0,05	−0,11	−0,06	−0,05
Gross Profit Margin	100 %	100 %	100 %	100 %