ST OLAVSVEI 18 AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

1 161,04 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	93 710 000	0	0
Net Income	9 834 000	−655 000	−363 000
Total Assets	3 334 000	68 550 000	16 633 000
Total Equity	847 000	−987 000	−333 000

Income (NOK)	2022	2021	2020
Revenue	93 710 000	0	0
Expenditure	80 558 000	89 000	80 000
Operating Profit	13 152 000	−89 000	−80 000
Financial Income	43 000	0	0
Financial Costs	587 000	750 000	385 000
Financial Balance	−544 000	−750 000	−385 000
Earnings Before Tax	12 608 000	−839 000	−465 000
Tax	2 774 000	−185 000	−102 000
Net Income	9 834 000	−655 000	−363 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	287 000	102 000
Total Current Assets	3 334 000	68 263 000	16 531 000
Total Assets	3 334 000	68 550 000	16 633 000
Total Retained Equity	817 000	−1 017 000	−363 000
Total Equity	847 000	−987 000	−333 000
Total Long-Term Debt	0	50 629 000	0
Total Current Debt	2 487 000	18 909 000	16 966 000
Total Equity and Debt	3 334 000	68 550 000	16 633 000

Cash flow (NOK)	2022	2021	2020
Sales Income	93 710 000	0	0
Other Income	0	0	0
Revenue	93 710 000	0	0
Cost of Goods Sold	80 256 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	80 558 000	89 000	80 000
Operating Profit	13 152 000	−89 000	−80 000
Financial Income	43 000	0	0
Financial Costs	587 000	750 000	385 000
Financial Balance	−544 000	−750 000	−385 000
Dividends	8 000 000	0	0
Net Income	9 834 000	−655 000	−363 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	287 000	102 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	287 000	102 000
Stock	450 000	68 196 000	16 519 000
Total Investments	0	0	0
Cash, Bank	2 884 000	67 000	12 000
Total Current Assets	3 334 000	68 263 000	16 531 000
Total Assets	3 334 000	68 550 000	16 633 000
Total Equity	847 000	−987 000	−333 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	50 629 000	0
Creditors	0	2 773 000	380 000
Unpaid Taxes	0	0	0
Dividends	8 000 000	0	0
Other Current Debt	0	16 135 000	16 585 000
Total Current Debt	2 487 000	18 909 000	16 966 000
Total Equity and Debt	3 334 000	68 550 000	16 633 000

Financial indicators	2022	2021	2020
Return on Equity	1 161,04 %	66,36 %	109,01 %
Debt-to-Equity Ratio	0	−51,3	−0
Operating Profit Margin	14,03 %	-	-
Current Ratio	1,34	3,61	0,97
Quick Ratio	1,64	−1,39	36,98
Equity Ratio	0,25	−0,01	−0,02
Gross Profit Margin	14,36 %	-	-