ØAV 88 AS

0161 OSLO

Finances

Share Ownership

Return on Equity

−52,18 %

Current Ratio

0,73

Debt-to-Equity Ratio

4,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 603 000	41 149 000	40 344 000	49 536 000
Net Income	−64 961 000	8 585 000	10 360 000	24 228 000
Total Assets	671 815 000	740 203 000	729 272 000	790 117 000
Total Equity	124 505 000	189 466 000	180 881 000	288 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 603 000	41 149 000	40 344 000	49 536 000
Expenditure	75 451 000	−3 099 000	−3 792 000	6 431 000
Operating Profit	−32 848 000	44 249 000	44 136 000	43 104 000
Financial Income	−20 970 000	−5 229 000	2 636 000	2 346 000
Financial Costs	25 499 000	25 501 000	29 953 000	20 525 000
Financial Balance	−46 469 000	−30 730 000	−27 317 000	−18 179 000
Earnings Before Tax	−79 316 000	13 518 000	16 819 000	24 926 000
Tax	−14 355 000	4 934 000	6 459 000	698 000
Net Income	−64 961 000	8 585 000	10 360 000	24 228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	655 000 000	725 000 000	715 000 000	705 000 000
Total Current Assets	16 815 000	15 203 000	14 272 000	85 117 000
Total Assets	671 815 000	740 203 000	729 272 000	790 117 000
Total Retained Equity	123 649 000	188 609 000	180 025 000	287 292 000
Total Equity	124 505 000	189 466 000	180 881 000	288 148 000
Total Long-Term Debt	524 410 000	522 684 000	523 543 000	453 608 000
Total Current Debt	22 901 000	28 053 000	24 847 000	48 361 000
Total Equity and Debt	671 815 000	740 203 000	729 272 000	790 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 603 000	41 149 000	40 344 000	49 536 000
Other Income	0	0	0	0
Revenue	42 603 000	41 149 000	40 344 000	49 536 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	70 266 000	−9 363 000	−10 000 000	0
Impairment	0	0	0	0
Expenditure	75 451 000	−3 099 000	−3 792 000	6 431 000
Operating Profit	−32 848 000	44 249 000	44 136 000	43 104 000
Financial Income	−20 970 000	−5 229 000	2 636 000	2 346 000
Financial Costs	25 499 000	25 501 000	29 953 000	20 525 000
Financial Balance	−46 469 000	−30 730 000	−27 317 000	−18 179 000
Dividends	0	0	0	3 100 000
Net Income	−64 961 000	8 585 000	10 360 000	24 228 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	655 000 000	725 000 000	715 000 000	705 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	655 000 000	725 000 000	715 000 000	705 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	655 000 000	725 000 000	715 000 000	705 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 712 000	106 000	77 000	908 000
Total Current Assets	16 815 000	15 203 000	14 272 000	85 117 000
Total Assets	671 815 000	740 203 000	729 272 000	790 117 000
Total Equity	124 505 000	189 466 000	180 881 000	288 148 000
Short-Term Group Debt	0	7 650 000	3 731 000	26 755 000
Total Long-Term Debt	524 410 000	522 684 000	523 543 000	453 608 000
Creditors	1 999 000	1 650 000	2 961 000	4 717 000
Unpaid Taxes	2 984 000	2 917 000	2 867 000	2 936 000
Dividends	0	0	0	3 100 000
Other Current Debt	12 227 000	11 940 000	11 644 000	10 853 000
Total Current Debt	22 901 000	28 053 000	24 847 000	48 361 000
Total Equity and Debt	671 815 000	740 203 000	729 272 000	790 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,18 %	4,53 %	5,73 %	8,41 %
Debt-to-Equity Ratio	4,21	2,76	2,89	1,57
Operating Profit Margin	−77,1 %	107,53 %	109,4 %	87,02 %
Current Ratio	0,73	0,54	0,57	1,76
Quick Ratio	0,73	0,54	0,57	1,76
Equity Ratio	0,19	0,26	0,25	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %