OLAV AABREKK AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

30,96 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 782 000	2 654 000	2 904 000	1 955 000
Net Income	87 000	−41 000	252 000	−58 000
Total Assets	892 000	889 000	976 000	501 000
Total Equity	281 000	194 000	233 000	−19 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 782 000	2 654 000	2 904 000	1 955 000
Expenditure	3 684 000	2 695 000	2 645 000	2 020 000
Operating Profit	98 000	−41 000	258 000	−65 000
Financial Income	3 000	1 000	0	7 000
Financial Costs	1 000	1 000	0	0
Financial Balance	2 000	0	0	7 000
Earnings Before Tax	100 000	−41 000	258 000	−58 000
Tax	13 000	0	6 000	0
Net Income	87 000	−41 000	252 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	892 000	889 000	976 000	501 000
Total Assets	892 000	889 000	976 000	501 000
Total Retained Equity	258 000	171 000	210 000	−42 000
Total Equity	281 000	194 000	233 000	−19 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	611 000	695 000	743 000	520 000
Total Equity and Debt	892 000	889 000	976 000	501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 782 000	2 654 000	2 904 000	1 955 000
Revenue	3 782 000	2 654 000	2 904 000	1 955 000
Cost of Goods Sold	6 000	162 000	81 000	0
Salary Costs	3 553 000	2 445 000	2 448 000	1 794 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 684 000	2 695 000	2 645 000	2 020 000
Operating Profit	98 000	−41 000	258 000	−65 000
Financial Income	3 000	1 000	0	7 000
Financial Costs	1 000	1 000	0	0
Financial Balance	2 000	0	0	7 000
Dividends	0	0	0	0
Net Income	87 000	−41 000	252 000	−58 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	880 000	659 000	976 000	485 000
Total Current Assets	892 000	889 000	976 000	501 000
Total Assets	892 000	889 000	976 000	501 000
Total Equity	281 000	194 000	233 000	−19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	271 000	233 000	8 000
Unpaid Taxes	202 000	141 000	122 000	186 000
Dividends	0	0	0	0
Other Current Debt	370 000	284 000	382 000	326 000
Total Current Debt	611 000	695 000	743 000	520 000
Total Equity and Debt	892 000	889 000	976 000	501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,96 %	−21,13 %	108,15 %	305,26 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	2,59 %	−1,54 %	8,88 %	−3,32 %
Current Ratio	1,46	1,28	1,31	0,96
Quick Ratio	1,46	1,28	1,31	0,96
Equity Ratio	0,32	0,22	0,24	−0,04
Gross Profit Margin	99,84 %	93,9 %	97,21 %	100 %