ØLVEGATA EIENDOM AS

7715 STEINKJER

Finances

Share Ownership

Return on Equity

−1,37 %

Current Ratio

20,42

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	303 000	352 000	331 000	431 000
Net Income	−17 000	−26 000	−54 000	43 000
Total Assets	3 411 000	3 582 000	3 747 000	3 926 000
Total Equity	1 242 000	1 258 000	1 284 000	1 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	303 000	352 000	331 000	431 000
Expenditure	211 000	286 000	290 000	265 000
Operating Profit	92 000	67 000	41 000	165 000
Financial Income	0	0	0	0
Financial Costs	113 000	100 000	110 000	110 000
Financial Balance	−113 000	−100 000	−110 000	−110 000
Earnings Before Tax	−21 000	−33 000	−69 000	55 000
Tax	−5 000	−7 000	−15 000	12 000
Net Income	−17 000	−26 000	−54 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 430 000	2 496 000	2 552 000	2 617 000
Total Current Assets	980 000	1 087 000	1 195 000	1 309 000
Total Assets	3 411 000	3 582 000	3 747 000	3 926 000
Total Retained Equity	942 000	958 000	984 000	1 037 000
Total Equity	1 242 000	1 258 000	1 284 000	1 337 000
Total Long-Term Debt	2 121 000	2 263 000	2 410 000	2 524 000
Total Current Debt	48 000	61 000	53 000	65 000
Total Equity and Debt	3 411 000	3 582 000	3 747 000	3 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	0	0	0
Other Income	302 000	352 000	331 000	431 000
Revenue	303 000	352 000	331 000	431 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	0	1 000	1 000	0
Depreciation	65 000	65 000	65 000	63 000
Impairment	0	0	0	0
Expenditure	211 000	286 000	290 000	265 000
Operating Profit	92 000	67 000	41 000	165 000
Financial Income	0	0	0	0
Financial Costs	113 000	100 000	110 000	110 000
Financial Balance	−113 000	−100 000	−110 000	−110 000
Dividends	0	0	0	0
Net Income	−17 000	−26 000	−54 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 353 000	2 406 000	2 458 000	2 511 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	81 000	94 000	106 000
Total Tangible Assets	2 422 000	2 487 000	2 552 000	2 617 000
Total Fiancial Fixed Assets	8 000	9 000	0	0
Total Fixed Assets	2 430 000	2 496 000	2 552 000	2 617 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	24 000	67 000	116 000
Total Current Assets	980 000	1 087 000	1 195 000	1 309 000
Total Assets	3 411 000	3 582 000	3 747 000	3 926 000
Total Equity	1 242 000	1 258 000	1 284 000	1 337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 121 000	2 263 000	2 410 000	2 524 000
Creditors	5 000	0	6 000	0
Unpaid Taxes	44 000	45 000	47 000	57 000
Dividends	0	0	0	0
Other Current Debt	0	13 000	0	0
Total Current Debt	48 000	61 000	53 000	65 000
Total Equity and Debt	3 411 000	3 582 000	3 747 000	3 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,37 %	−2,07 %	−4,21 %	3,22 %
Debt-to-Equity Ratio	1,71	1,8	1,88	1,89
Operating Profit Margin	30,36 %	19,03 %	12,39 %	38,28 %
Current Ratio	20,42	17,82	22,55	20,14
Quick Ratio	20,42	17,82	22,55	20,14
Equity Ratio	0,36	0,35	0,34	0,34
Gross Profit Margin	99,67 %	100 %	100 %	100 %