OLAOLA AS

2320 FURNES

Finances

Share Ownership

Return on Equity

22,82 %

Current Ratio

4,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	476 000	341 000	545 000	886 000
Net Income	238 000	155 000	306 000	539 000
Total Assets	1 335 000	2 457 000	2 395 000	2 246 000
Total Equity	1 043 000	2 305 000	2 150 000	1 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	476 000	341 000	545 000	886 000
Expenditure	182 000	152 000	167 000	213 000
Operating Profit	294 000	190 000	378 000	673 000
Financial Income	11 000	9 000	14 000	19 000
Financial Costs	0	0	0	0
Financial Balance	11 000	9 000	14 000	19 000
Earnings Before Tax	305 000	199 000	392 000	691 000
Tax	67 000	44 000	86 000	152 000
Net Income	238 000	155 000	306 000	539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 335 000	2 457 000	2 395 000	2 246 000
Total Assets	1 335 000	2 457 000	2 395 000	2 246 000
Total Retained Equity	1 013 000	2 275 000	2 120 000	1 814 000
Total Equity	1 043 000	2 305 000	2 150 000	1 844 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	292 000	152 000	245 000	402 000
Total Equity and Debt	1 335 000	2 457 000	2 395 000	2 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	476 000	341 000	545 000	886 000
Other Income	0	0	0	0
Revenue	476 000	341 000	545 000	886 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	2 000	3 000	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	182 000	152 000	167 000	213 000
Operating Profit	294 000	190 000	378 000	673 000
Financial Income	11 000	9 000	14 000	19 000
Financial Costs	0	0	0	0
Financial Balance	11 000	9 000	14 000	19 000
Dividends	0	0	0	0
Net Income	238 000	155 000	306 000	539 000

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	1 327 000	2 457 000	2 395 000	2 246 000
Total Current Assets	1 335 000	2 457 000	2 395 000	2 246 000
Total Assets	1 335 000	2 457 000	2 395 000	2 246 000
Total Equity	1 043 000	2 305 000	2 150 000	1 844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	115 000	77 000	136 000	226 000
Dividends	0	0	0	0
Other Current Debt	110 000	32 000	22 000	24 000
Total Current Debt	292 000	152 000	245 000	402 000
Total Equity and Debt	1 335 000	2 457 000	2 395 000	2 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,82 %	6,72 %	14,23 %	29,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,76 %	55,72 %	69,36 %	75,96 %
Current Ratio	4,57	16,16	9,78	5,59
Quick Ratio	4,57	16,16	9,78	5,59
Equity Ratio	0,78	0,94	0,9	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %