OLABAKKEN AS

5450 SUNDE I SUNNHORDLAND

Finances

Return on Equity

−3,65 %

Current Ratio

0,48

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	878 000	683 000	698 000	295 000
Net Income	−10 000	47 000	94 000	118 000
Total Assets	1 022 000	818 000	437 000	220 000
Total Equity	274 000	283 000	236 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	878 000	683 000	698 000	295 000
Expenditure	888 000	621 000	577 000	145 000
Operating Profit	−10 000	61 000	121 000	149 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−10 000	61 000	121 000	149 000
Tax	0	13 000	27 000	32 000
Net Income	−10 000	47 000	94 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	666 000	566 000	48 000	0
Total Current Assets	356 000	252 000	388 000	220 000
Total Assets	1 022 000	818 000	437 000	220 000
Total Retained Equity	244 000	253 000	206 000	112 000
Total Equity	274 000	283 000	236 000	142 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	746 000	534 000	201 000	78 000
Total Equity and Debt	1 022 000	818 000	437 000	220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	878 000	683 000	698 000	295 000
Other Income	0	0	0	0
Revenue	878 000	683 000	698 000	295 000
Cost of Goods Sold	0	0	0	0
Salary Costs	823 000	548 000	545 000	122 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	888 000	621 000	577 000	145 000
Operating Profit	−10 000	61 000	121 000	149 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−10 000	47 000	94 000	118 000

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	666 000	566 000	48 000	0
Total Fixed Assets	666 000	566 000	48 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	167 000	153 000	49 000
Total Current Assets	356 000	252 000	388 000	220 000
Total Assets	1 022 000	818 000	437 000	220 000
Total Equity	274 000	283 000	236 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	73 000	24 000	28 000	35 000
Dividends	0	0	0	0
Other Current Debt	673 000	496 000	146 000	11 000
Total Current Debt	746 000	534 000	201 000	78 000
Total Equity and Debt	1 022 000	818 000	437 000	220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,65 %	16,61 %	39,83 %	83,1 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	−1,14 %	8,93 %	17,34 %	50,51 %
Current Ratio	0,48	0,47	1,93	2,82
Quick Ratio	0,48	0,47	1,93	2,82
Equity Ratio	0,27	0,35	0,54	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %