OLS1VVS AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

−3,44 %

Current Ratio

3,26

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 515 000	3 148 000	3 019 000	3 335 000
Net Income	−23 000	137 000	267 000	594 000
Total Assets	1 271 000	1 282 000	1 691 000	1 501 000
Total Equity	669 000	692 000	655 000	589 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 515 000	3 148 000	3 019 000	3 335 000
Expenditure	2 538 000	2 968 000	2 676 000	2 573 000
Operating Profit	−7 000	181 000	343 000	762 000
Financial Income	0	0	1 000	1 000
Financial Costs	17 000	1 000	1 000	1 000
Financial Balance	−17 000	−1 000	0	0
Earnings Before Tax	−23 000	180 000	343 000	762 000
Tax	0	43 000	76 000	168 000
Net Income	−23 000	137 000	267 000	594 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	457 000	94 000	148 000	191 000
Total Current Assets	814 000	1 188 000	1 543 000	1 310 000
Total Assets	1 271 000	1 282 000	1 691 000	1 501 000
Total Retained Equity	639 000	662 000	625 000	559 000
Total Equity	669 000	692 000	655 000	589 000
Total Long-Term Debt	352 000	0	0	2 000
Total Current Debt	250 000	590 000	1 036 000	911 000
Total Equity and Debt	1 271 000	1 282 000	1 691 000	1 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 512 000	3 148 000	3 019 000	3 335 000
Other Income	3 000	0	0	0
Revenue	2 515 000	3 148 000	3 019 000	3 335 000
Cost of Goods Sold	917 000	1 516 000	1 382 000	1 261 000
Salary Costs	948 000	961 000	770 000	852 000
Depreciation	105 000	53 000	59 000	56 000
Impairment	0	0	0	0
Expenditure	2 538 000	2 968 000	2 676 000	2 573 000
Operating Profit	−7 000	181 000	343 000	762 000
Financial Income	0	0	1 000	1 000
Financial Costs	17 000	1 000	1 000	1 000
Financial Balance	−17 000	−1 000	0	0
Dividends	0	100 000	200 000	450 000
Net Income	−23 000	137 000	267 000	594 000

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	457 000	94 000	148 000	191 000
Total Tangible Assets	457 000	94 000	148 000	191 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	457 000	94 000	148 000	191 000
Stock	16 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	665 000	1 001 000	1 052 000	1 053 000
Total Current Assets	814 000	1 188 000	1 543 000	1 310 000
Total Assets	1 271 000	1 282 000	1 691 000	1 501 000
Total Equity	669 000	692 000	655 000	589 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	352 000	0	0	2 000
Creditors	53 000	262 000	83 000	66 000
Unpaid Taxes	93 000	106 000	149 000	145 000
Dividends	0	100 000	200 000	450 000
Other Current Debt	104 000	79 000	526 000	83 000
Total Current Debt	250 000	590 000	1 036 000	911 000
Total Equity and Debt	1 271 000	1 282 000	1 691 000	1 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,44 %	19,8 %	40,76 %	100,85 %
Debt-to-Equity Ratio	0,53	0	0	0
Operating Profit Margin	−0,28 %	5,75 %	11,36 %	22,85 %
Current Ratio	3,26	2,01	1,49	1,44
Quick Ratio	3,48	2,01	1,49	1,44
Equity Ratio	0,53	0,54	0,39	0,39
Gross Profit Margin	63,54 %	51,84 %	54,22 %	62,19 %