OLIVNOR AS

2010 STRØMMEN

Finances

Share Ownership

Return on Equity

18,45 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020
Revenue	5 465 000	2 674 000	548 000
Net Income	190 000	313 000	322 000
Total Assets	2 127 000	895 000	434 000
Total Equity	1 030 000	754 000	350 000

Income (NOK)	2022	2021	2020
Revenue	5 465 000	2 674 000	548 000
Expenditure	5 196 000	2 264 000	136 000
Operating Profit	269 000	410 000	412 000
Financial Income	0	0	0
Financial Costs	26 000	0	0
Financial Balance	−26 000	0	0
Earnings Before Tax	243 000	410 000	412 000
Tax	54 000	97 000	91 000
Net Income	190 000	313 000	322 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 196 000	120 000	0
Total Current Assets	931 000	775 000	434 000
Total Assets	2 127 000	895 000	434 000
Total Retained Equity	1 000 000	724 000	320 000
Total Equity	1 030 000	754 000	350 000
Total Long-Term Debt	668 000	0	0
Total Current Debt	429 000	141 000	84 000
Total Equity and Debt	2 127 000	895 000	434 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 464 000	2 674 000	548 000
Other Income	1 000	0	0
Revenue	5 465 000	2 674 000	548 000
Cost of Goods Sold	1 829 000	1 381 000	91 000
Salary Costs	1 387 000	0	0
Depreciation	0	30 000	0
Impairment	0	0	0
Expenditure	5 196 000	2 264 000	136 000
Operating Profit	269 000	410 000	412 000
Financial Income	0	0	0
Financial Costs	26 000	0	0
Financial Balance	−26 000	0	0
Dividends	0	0	0
Net Income	190 000	313 000	322 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	984 000	120 000	0
Total Tangible Assets	984 000	120 000	0
Total Fiancial Fixed Assets	212 000	0	0
Total Fixed Assets	1 196 000	120 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	907 000	765 000	434 000
Total Current Assets	931 000	775 000	434 000
Total Assets	2 127 000	895 000	434 000
Total Equity	1 030 000	754 000	350 000
Short-Term Group Debt	117 000	0	0
Total Long-Term Debt	668 000	0	0
Creditors	113 000	0	0
Unpaid Taxes	129 000	123 000	57 000
Dividends	0	0	0
Other Current Debt	70 000	−73 000	−63 000
Total Current Debt	429 000	141 000	84 000
Total Equity and Debt	2 127 000	895 000	434 000

Financial indicators	2022	2021	2020
Return on Equity	18,45 %	41,51 %	92 %
Debt-to-Equity Ratio	0,65	0	0
Operating Profit Margin	4,92 %	15,33 %	75,18 %
Current Ratio	2,17	5,5	5,17
Quick Ratio	2,17	5,5	5,17
Equity Ratio	0,48	0,84	0,81
Gross Profit Margin	66,53 %	48,35 %	83,39 %