IMAGE OLSEN AS

8200 FAUSKE

Finances

Share Ownership

Return on Equity

−9,13 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 857 000	2 670 000	2 331 000	2 794 000
Net Income	−24 000	182 000	−77 000	−402 000
Total Assets	617 000	593 000	487 000	865 000
Total Equity	263 000	287 000	106 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 857 000	2 670 000	2 331 000	2 794 000
Expenditure	2 821 000	2 455 000	2 351 000	3 137 000
Operating Profit	36 000	214 000	−20 000	−342 000
Financial Income	0	0	0	0
Financial Costs	60 000	32 000	58 000	60 000
Financial Balance	−60 000	−32 000	−58 000	−60 000
Earnings Before Tax	−24 000	182 000	−77 000	−402 000
Tax	0	0	0	0
Net Income	−24 000	182 000	−77 000	−402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	7 000
Total Current Assets	617 000	593 000	487 000	858 000
Total Assets	617 000	593 000	487 000	865 000
Total Retained Equity	233 000	257 000	76 000	153 000
Total Equity	263 000	287 000	106 000	183 000
Total Long-Term Debt	0	0	62 000	158 000
Total Current Debt	354 000	306 000	319 000	524 000
Total Equity and Debt	617 000	593 000	487 000	865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 857 000	2 670 000	2 314 000	2 794 000
Other Income	0	0	17 000	0
Revenue	2 857 000	2 670 000	2 331 000	2 794 000
Cost of Goods Sold	1 672 000	1 374 000	1 381 000	1 997 000
Salary Costs	709 000	686 000	636 000	663 000
Depreciation	0	0	7 000	43 000
Impairment	0	0	0	0
Expenditure	2 821 000	2 455 000	2 351 000	3 137 000
Operating Profit	36 000	214 000	−20 000	−342 000
Financial Income	0	0	0	0
Financial Costs	60 000	32 000	58 000	60 000
Financial Balance	−60 000	−32 000	−58 000	−60 000
Dividends	0	0	0	0
Net Income	−24 000	182 000	−77 000	−402 000

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	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	7 000
Stock	425 000	402 000	363 000	545 000
Total Investments	0	0	0	0
Cash, Bank	128 000	183 000	122 000	287 000
Total Current Assets	617 000	593 000	487 000	858 000
Total Assets	617 000	593 000	487 000	865 000
Total Equity	263 000	287 000	106 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	62 000	158 000
Creditors	83 000	0	28 000	194 000
Unpaid Taxes	136 000	171 000	136 000	114 000
Dividends	0	0	0	0
Other Current Debt	135 000	135 000	155 000	216 000
Total Current Debt	354 000	306 000	319 000	524 000
Total Equity and Debt	617 000	593 000	487 000	865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,13 %	63,41 %	−72,64 %	−219,67 %
Debt-to-Equity Ratio	0	0	0,58	0,86
Operating Profit Margin	1,26 %	8,01 %	−0,86 %	−12,24 %
Current Ratio	1,74	1,94	1,53	1,64
Quick Ratio	−8,69	−6,18	−11,07	−40,86
Equity Ratio	0,43	0,48	0,22	0,21
Gross Profit Margin	41,48 %	48,54 %	40,76 %	28,53 %