OLYMPUS VVS AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

−594,12 %

Current Ratio

1,14

Debt-to-Equity Ratio

15,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 987 000	3 680 000	1 605 000	56 000
Net Income	−202 000	103 000	213 000	−10 000
Total Assets	1 239 000	1 286 000	717 000	26 000
Total Equity	34 000	235 000	233 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 987 000	3 680 000	1 605 000	56 000
Expenditure	6 190 000	3 499 000	1 334 000	67 000
Operating Profit	−202 000	181 000	270 000	−10 000
Financial Income	0	0	0	0
Financial Costs	35 000	29 000	0	0
Financial Balance	−35 000	−29 000	0	0
Earnings Before Tax	−237 000	152 000	270 000	−10 000
Tax	−35 000	49 000	57 000	0
Net Income	−202 000	103 000	213 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	451 000	876 000	324 000	0
Total Current Assets	788 000	410 000	393 000	26 000
Total Assets	1 239 000	1 286 000	717 000	26 000
Total Retained Equity	4 000	205 000	203 000	−10 000
Total Equity	34 000	235 000	233 000	20 000
Total Long-Term Debt	515 000	600 000	276 000	0
Total Current Debt	691 000	450 000	209 000	6 000
Total Equity and Debt	1 239 000	1 286 000	717 000	26 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 987 000	3 680 000	1 605 000	56 000
Other Income	0	0	0	0
Revenue	5 987 000	3 680 000	1 605 000	56 000
Cost of Goods Sold	3 109 000	1 059 000	0	0
Salary Costs	2 217 000	1 578 000	617 000	13 000
Depreciation	195 000	93 000	5 000	0
Impairment	0	0	0	0
Expenditure	6 190 000	3 499 000	1 334 000	67 000
Operating Profit	−202 000	181 000	270 000	−10 000
Financial Income	0	0	0	0
Financial Costs	35 000	29 000	0	0
Financial Balance	−35 000	−29 000	0	0
Dividends	0	100 000	0	0
Net Income	−202 000	103 000	213 000	−10 000

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	451 000	876 000	324 000	0
Total Tangible Assets	451 000	876 000	324 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	451 000	876 000	324 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	205 000	138 000	330 000	16 000
Total Current Assets	788 000	410 000	393 000	26 000
Total Assets	1 239 000	1 286 000	717 000	26 000
Total Equity	34 000	235 000	233 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	515 000	600 000	276 000	0
Creditors	9 000	64 000	19 000	0
Unpaid Taxes	340 000	191 000	90 000	5 000
Dividends	0	100 000	0	0
Other Current Debt	341 000	171 000	59 000	1 000
Total Current Debt	691 000	450 000	209 000	6 000
Total Equity and Debt	1 239 000	1 286 000	717 000	26 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−594,12 %	43,83 %	91,42 %	−50 %
Debt-to-Equity Ratio	15,15	2,55	1,18	0
Operating Profit Margin	−3,37 %	4,92 %	16,82 %	−17,86 %
Current Ratio	1,14	0,91	1,88	4,33
Quick Ratio	1,14	0,91	1,88	4,33
Equity Ratio	0,03	0,18	0,32	0,77
Gross Profit Margin	48,07 %	71,22 %	100 %	100 %