OLSEN CRUISE SERVICE AS

5155 BØNES

Finances

Share Ownership

Return on Equity

207,01 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 772 000	3 370 000	99 000	19 529 000
Net Income	3 366 000	631 000	−429 000	1 987 000
Total Assets	5 611 000	1 436 000	1 312 000	3 762 000
Total Equity	1 626 000	1 091 000	1 119 000	2 948 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 772 000	3 370 000	99 000	19 529 000
Expenditure	16 453 000	2 557 000	648 000	16 987 000
Operating Profit	4 320 000	813 000	−550 000	2 543 000
Financial Income	0	0	5 000	13 000
Financial Costs	1 000	0	3 000	2 000
Financial Balance	−1 000	0	2 000	11 000
Earnings Before Tax	4 319 000	813 000	−547 000	2 554 000
Tax	953 000	182 000	−119 000	567 000
Net Income	3 366 000	631 000	−429 000	1 987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	8 000	13 000	20 000
Total Current Assets	5 606 000	1 428 000	1 299 000	3 741 000
Total Assets	5 611 000	1 436 000	1 312 000	3 762 000
Total Retained Equity	1 596 000	1 061 000	1 089 000	2 918 000
Total Equity	1 626 000	1 091 000	1 119 000	2 948 000
Total Long-Term Debt	0	10 000	120 000	0
Total Current Debt	3 985 000	336 000	73 000	814 000
Total Equity and Debt	5 611 000	1 436 000	1 312 000	3 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 772 000	3 370 000	99 000	19 529 000
Other Income	0	0	0	0
Revenue	20 772 000	3 370 000	99 000	19 529 000
Cost of Goods Sold	14 828 000	1 971 000	13 000	14 824 000
Salary Costs	1 208 000	349 000	417 000	1 699 000
Depreciation	0	3 000	5 000	62 000
Impairment	0	0	0	0
Expenditure	16 453 000	2 557 000	648 000	16 987 000
Operating Profit	4 320 000	813 000	−550 000	2 543 000
Financial Income	0	0	5 000	13 000
Financial Costs	1 000	0	3 000	2 000
Financial Balance	−1 000	0	2 000	11 000
Dividends	2 830 000	660 000	1 400 000	0
Net Income	3 366 000	631 000	−429 000	1 987 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	8 000	11 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	8 000
Total Tangible Assets	0	0	3 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	8 000	13 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 536 000	1 376 000	1 089 000	3 734 000
Total Current Assets	5 606 000	1 428 000	1 299 000	3 741 000
Total Assets	5 611 000	1 436 000	1 312 000	3 762 000
Total Equity	1 626 000	1 091 000	1 119 000	2 948 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	10 000	120 000	0
Creditors	305 000	91 000	26 000	18 000
Unpaid Taxes	84 000	16 000	12 000	81 000
Dividends	2 830 000	660 000	1 400 000	0
Other Current Debt	146 000	49 000	35 000	139 000
Total Current Debt	3 985 000	336 000	73 000	814 000
Total Equity and Debt	5 611 000	1 436 000	1 312 000	3 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	207,01 %	57,84 %	−38,34 %	67,4 %
Debt-to-Equity Ratio	0	0,01	0,11	0
Operating Profit Margin	20,8 %	24,12 %	−555,56 %	13,02 %
Current Ratio	1,41	4,25	17,79	4,6
Quick Ratio	1,41	4,25	17,79	4,6
Equity Ratio	0,29	0,76	0,85	0,78
Gross Profit Margin	28,62 %	41,51 %	86,87 %	24,09 %