OLYMPIC CHALLENGER AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

76,65 %

Current Ratio

2,38

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 118 000	46 317 000	0	0
Net Income	51 912 000	15 793 000	−2 000	0
Total Assets	168 234 000	161 992 000	23 000	25 000
Total Equity	67 728 000	15 816 000	23 000	25 000

Income (NOK)	2022	2021	2020
Revenue	78 118 000	46 317 000	0
Expenditure	20 012 000	25 286 000	2 000
Operating Profit	58 106 000	21 031 000	−2 000
Financial Income	156 000	101 000	0
Financial Costs	6 350 000	5 339 000	0
Financial Balance	−6 194 000	−5 238 000	0
Earnings Before Tax	51 912 000	15 793 000	−2 000
Tax	0	0	0
Net Income	51 912 000	15 793 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 427 000	130 943 000	0	0
Total Current Assets	48 807 000	31 049 000	23 000	25 000
Total Assets	168 234 000	161 992 000	23 000	25 000
Total Retained Equity	67 698 000	15 786 000	−7 000	−5 000
Total Equity	67 728 000	15 816 000	23 000	25 000
Total Long-Term Debt	80 000 000	110 000 000	0	0
Total Current Debt	20 506 000	36 176 000	0	0
Total Equity and Debt	168 234 000	161 992 000	23 000	25 000

Cash flow (NOK)	2022	2021	2020
Sales Income	78 118 000	46 317 000	0
Other Income	0	0	0
Revenue	78 118 000	46 317 000	0
Cost of Goods Sold	0	0	0
Salary Costs	381 000	6 713 000	0
Depreciation	11 713 000	8 109 000	0
Impairment	0	0	0
Expenditure	20 012 000	25 286 000	2 000
Operating Profit	58 106 000	21 031 000	−2 000
Financial Income	156 000	101 000	0
Financial Costs	6 350 000	5 339 000	0
Financial Balance	−6 194 000	−5 238 000	0
Dividends	0	0	0
Net Income	51 912 000	15 793 000	−2 000

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	119 427 000	130 943 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	119 427 000	130 943 000	0	0
Stock	3 267 000	2 239 000	0	0
Total Investments	0	0	0	0
Cash, Bank	10 370 000	11 262 000	23 000	1 000
Total Current Assets	48 807 000	31 049 000	23 000	25 000
Total Assets	168 234 000	161 992 000	23 000	25 000
Total Equity	67 728 000	15 816 000	23 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000 000	110 000 000	0	0
Creditors	8 831 000	12 620 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 665 000	23 548 000	0	0
Total Current Debt	20 506 000	36 176 000	0	0
Total Equity and Debt	168 234 000	161 992 000	23 000	25 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,65 %	99,85 %	−8,7 %	0 %
Debt-to-Equity Ratio	1,18	6,95	0	0
Operating Profit Margin	74,38 %	45,41 %	-	-
Current Ratio	2,38	0,86	-	-
Quick Ratio	2,83	0,91	-	-
Equity Ratio	0,4	0,1	1	1
Gross Profit Margin	100 %	100 %	-	-