TEAM SERVICE J. OLSEN AS

5135 FLAKTVEIT

Finances

Share Ownership

Return on Equity

26,92 %

Current Ratio

1,58

Debt-to-Equity Ratio

2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 137 000	1 216 000	1 110 000	1 082 000
Net Income	35 000	21 000	−76 000	27 000
Total Assets	660 000	696 000	698 000	609 000
Total Equity	130 000	95 000	74 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 137 000	1 216 000	1 110 000	1 082 000
Expenditure	1 077 000	1 148 000	1 189 000	1 034 000
Operating Profit	60 000	69 000	−78 000	48 000
Financial Income	0	0	0	0
Financial Costs	15 000	42 000	19 000	14 000
Financial Balance	−15 000	−42 000	−19 000	−14 000
Earnings Before Tax	45 000	27 000	−97 000	35 000
Tax	10 000	6 000	−21 000	8 000
Net Income	35 000	21 000	−76 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	313 000	381 000	439 000	225 000
Total Current Assets	348 000	316 000	258 000	384 000
Total Assets	660 000	696 000	698 000	609 000
Total Retained Equity	100 000	65 000	44 000	120 000
Total Equity	130 000	95 000	74 000	150 000
Total Long-Term Debt	310 000	379 000	417 000	224 000
Total Current Debt	220 000	222 000	207 000	235 000
Total Equity and Debt	660 000	696 000	698 000	609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 137 000	1 216 000	1 093 000	1 082 000
Other Income	0	0	17 000	1 000
Revenue	1 137 000	1 216 000	1 110 000	1 082 000
Cost of Goods Sold	39 000	86 000	57 000	67 000
Salary Costs	719 000	760 000	800 000	649 000
Depreciation	68 000	69 000	82 000	65 000
Impairment	0	0	0	0
Expenditure	1 077 000	1 148 000	1 189 000	1 034 000
Operating Profit	60 000	69 000	−78 000	48 000
Financial Income	0	0	0	0
Financial Costs	15 000	42 000	19 000	14 000
Financial Balance	−15 000	−42 000	−19 000	−14 000
Dividends	0	0	0	0
Net Income	35 000	21 000	−76 000	27 000

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	303 000	371 000	439 000	225 000
Total Tangible Assets	303 000	371 000	439 000	225 000
Total Fiancial Fixed Assets	10 000	10 000	0	0
Total Fixed Assets	313 000	381 000	439 000	225 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	125 000	102 000	218 000
Total Current Assets	348 000	316 000	258 000	384 000
Total Assets	660 000	696 000	698 000	609 000
Total Equity	130 000	95 000	74 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	310 000	379 000	417 000	224 000
Creditors	45 000	34 000	29 000	40 000
Unpaid Taxes	91 000	78 000	69 000	79 000
Dividends	0	0	0	0
Other Current Debt	79 000	109 000	109 000	105 000
Total Current Debt	220 000	222 000	207 000	235 000
Total Equity and Debt	660 000	696 000	698 000	609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,92 %	22,11 %	−102,7 %	18 %
Debt-to-Equity Ratio	2,38	3,99	5,64	1,49
Operating Profit Margin	5,28 %	5,67 %	−7,03 %	4,44 %
Current Ratio	1,58	1,42	1,25	1,63
Quick Ratio	1,58	1,42	1,25	1,63
Equity Ratio	0,2	0,14	0,11	0,25
Gross Profit Margin	96,57 %	92,93 %	94,86 %	93,81 %