OLE SIVERTSEN AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

45,73 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 529 000	37 893 000	42 116 000	33 372 000
Net Income	1 504 000	1 027 000	2 871 000	2 173 000
Total Assets	15 920 000	13 000 000	11 652 000	10 509 000
Total Equity	3 289 000	3 185 000	2 158 000	2 287 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 529 000	37 893 000	42 116 000	33 372 000
Expenditure	50 454 000	36 463 000	38 321 000	30 326 000
Operating Profit	2 075 000	1 429 000	3 796 000	3 046 000
Financial Income	12 000	15 000	23 000	97 000
Financial Costs	157 000	124 000	138 000	338 000
Financial Balance	−145 000	−109 000	−115 000	−241 000
Earnings Before Tax	1 930 000	1 321 000	3 681 000	2 805 000
Tax	426 000	293 000	811 000	632 000
Net Income	1 504 000	1 027 000	2 871 000	2 173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	298 000	3 000	7 000	17 000
Total Current Assets	15 621 000	12 997 000	11 645 000	10 493 000
Total Assets	15 920 000	13 000 000	11 652 000	10 509 000
Total Retained Equity	3 039 000	2 935 000	1 908 000	2 037 000
Total Equity	3 289 000	3 185 000	2 158 000	2 287 000
Total Long-Term Debt	700 000	288 000	512 000	14 000
Total Current Debt	11 931 000	9 527 000	8 982 000	8 208 000
Total Equity and Debt	15 920 000	13 000 000	11 652 000	10 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 529 000	37 893 000	42 116 000	33 372 000
Other Income	0	0	0	0
Revenue	52 529 000	37 893 000	42 116 000	33 372 000
Cost of Goods Sold	28 794 000	16 002 000	18 172 000	12 002 000
Salary Costs	17 796 000	16 442 000	16 574 000	14 940 000
Depreciation	25 000	4 000	10 000	29 000
Impairment	0	0	0	0
Expenditure	50 454 000	36 463 000	38 321 000	30 326 000
Operating Profit	2 075 000	1 429 000	3 796 000	3 046 000
Financial Income	12 000	15 000	23 000	97 000
Financial Costs	157 000	124 000	138 000	338 000
Financial Balance	−145 000	−109 000	−115 000	−241 000
Dividends	1 400 000	0	3 000 000	1 900 000
Net Income	1 504 000	1 027 000	2 871 000	2 173 000

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	89 000	3 000	7 000	17 000
Total Tangible Assets	89 000	3 000	7 000	17 000
Total Fiancial Fixed Assets	209 000	0	0	0
Total Fixed Assets	298 000	3 000	7 000	17 000
Stock	440 000	623 000	523 000	588 000
Total Investments	0	0	0	0
Cash, Bank	657 000	2 488 000	3 805 000	3 789 000
Total Current Assets	15 621 000	12 997 000	11 645 000	10 493 000
Total Assets	15 920 000	13 000 000	11 652 000	10 509 000
Total Equity	3 289 000	3 185 000	2 158 000	2 287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	700 000	288 000	512 000	14 000
Creditors	4 533 000	3 724 000	1 006 000	2 157 000
Unpaid Taxes	2 720 000	2 165 000	2 613 000	1 744 000
Dividends	1 400 000	0	3 000 000	1 900 000
Other Current Debt	3 263 000	3 121 000	2 051 000	1 801 000
Total Current Debt	11 931 000	9 527 000	8 982 000	8 208 000
Total Equity and Debt	15 920 000	13 000 000	11 652 000	10 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,73 %	32,24 %	133,04 %	95,02 %
Debt-to-Equity Ratio	0,21	0,09	0,24	0,01
Operating Profit Margin	3,95 %	3,77 %	9,01 %	9,13 %
Current Ratio	1,31	1,36	1,3	1,28
Quick Ratio	1,36	1,46	1,38	1,38
Equity Ratio	0,21	0,25	0,19	0,22
Gross Profit Margin	45,18 %	57,77 %	56,85 %	64,04 %