HALLVARD OLSEN AS

2006 LØVENSTAD

Finances

Return on Equity

106,83 %

Current Ratio

5,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	2 473 000	732 000	482 000	−19 000
Total Assets	2 822 000	992 000	665 000	182 000
Total Equity	2 315 000	342 000	260 000	178 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	19 000	18 000	19 000	19 000
Operating Profit	−19 000	−18 000	−19 000	−19 000
Financial Income	2 500 000	750 000	500 000	0
Financial Costs	0	0	0	0
Financial Balance	2 500 000	750 000	500 000	0
Earnings Before Tax	2 481 000	732 000	481 000	−19 000
Tax	8 000	0	−1 000	0
Net Income	2 473 000	732 000	482 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 000	165 000	115 000	15 000
Total Current Assets	2 657 000	827 000	550 000	167 000
Total Assets	2 822 000	992 000	665 000	182 000
Total Retained Equity	2 285 000	312 000	230 000	148 000
Total Equity	2 315 000	342 000	260 000	178 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	508 000	650 000	405 000	5 000
Total Equity and Debt	2 822 000	992 000	665 000	182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	18 000	19 000	19 000
Operating Profit	−19 000	−18 000	−19 000	−19 000
Financial Income	2 500 000	750 000	500 000	0
Financial Costs	0	0	0	0
Financial Balance	2 500 000	750 000	500 000	0
Dividends	500 000	650 000	400 000	0
Net Income	2 473 000	732 000	482 000	−19 000

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	165 000	165 000	115 000	15 000
Total Fixed Assets	165 000	165 000	115 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 656 000	826 000	549 000	167 000
Total Current Assets	2 657 000	827 000	550 000	167 000
Total Assets	2 822 000	992 000	665 000	182 000
Total Equity	2 315 000	342 000	260 000	178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	5 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	650 000	400 000	0
Other Current Debt	0	0	0	0
Total Current Debt	508 000	650 000	405 000	5 000
Total Equity and Debt	2 822 000	992 000	665 000	182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,83 %	214,04 %	185,38 %	−10,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	5,23	1,27	1,36	33,4
Quick Ratio	5,23	1,27	1,36	33,4
Equity Ratio	0,82	0,34	0,39	0,98
Gross Profit Margin	-	-	-	-