OLAVSGATE 7 AS

3262 LARVIK

Finances

Return on Equity

77,54 %

Current Ratio

0,71

Debt-to-Equity Ratio

−24,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	130 000	10 000	0
Net Income	−183 000	−67 000	−43 000	−22 000
Total Assets	6 983 000	4 555 000	4 550 000	57 000
Total Equity	−236 000	−53 000	14 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	130 000	10 000	0
Expenditure	47 000	32 000	22 000	22 000
Operating Profit	−17 000	98 000	−12 000	−22 000
Financial Income	0	0	0	0
Financial Costs	166 000	165 000	31 000	0
Financial Balance	−166 000	−165 000	−31 000	0
Earnings Before Tax	−183 000	−67 000	−43 000	−22 000
Tax	0	0	0	0
Net Income	−183 000	−67 000	−43 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 984 000	4 474 000	4 451 000	42 000
Total Current Assets	999 000	81 000	99 000	16 000
Total Assets	6 983 000	4 555 000	4 550 000	57 000
Total Retained Equity	−266 000	−83 000	−16 000	27 000
Total Equity	−236 000	−53 000	14 000	57 000
Total Long-Term Debt	5 804 000	4 589 000	4 527 000	0
Total Current Debt	1 415 000	19 000	8 000	0
Total Equity and Debt	6 983 000	4 555 000	4 550 000	57 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	130 000	10 000	0
Other Income	0	0	0	0
Revenue	30 000	130 000	10 000	0
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	47 000	32 000	22 000	22 000
Operating Profit	−17 000	98 000	−12 000	−22 000
Financial Income	0	0	0	0
Financial Costs	166 000	165 000	31 000	0
Financial Balance	−166 000	−165 000	−31 000	0
Dividends	0	0	0	0
Net Income	−183 000	−67 000	−43 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 951 000	4 441 000	4 418 000	9 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 951 000	4 441 000	4 418 000	9 000
Total Fiancial Fixed Assets	33 000	33 000	33 000	33 000
Total Fixed Assets	5 984 000	4 474 000	4 451 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	999 000	81 000	99 000	16 000
Total Current Assets	999 000	81 000	99 000	16 000
Total Assets	6 983 000	4 555 000	4 550 000	57 000
Total Equity	−236 000	−53 000	14 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 804 000	4 589 000	4 527 000	0
Creditors	1 408 000	13 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	5 000	6 000	0
Total Current Debt	1 415 000	19 000	8 000	0
Total Equity and Debt	6 983 000	4 555 000	4 550 000	57 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,54 %	126,42 %	−307,14 %	−38,6 %
Debt-to-Equity Ratio	−24,59	−86,58	323,36	0
Operating Profit Margin	−56,67 %	75,38 %	−120 %	-
Current Ratio	0,71	4,26	12,38	-
Quick Ratio	0,71	4,26	12,38	-
Equity Ratio	−0,03	−0,01	0	1
Gross Profit Margin	100 %	100 %	100 %	-