OLSEN KRAN AS

9515 ALTA

Finances

Share Ownership

Return on Equity

−5,85 %

Current Ratio

2,71

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020
Revenue	5 118 000	5 948 000	352 000
Net Income	−86 000	1 001 000	112 000
Total Assets	2 806 000	3 228 000	809 000
Total Equity	1 471 000	1 558 000	556 000

Income (NOK)	2022	2021	2020
Revenue	5 118 000	5 948 000	352 000
Expenditure	5 167 000	4 635 000	211 000
Operating Profit	−49 000	1 313 000	142 000
Financial Income	−4 000	6 000	0
Financial Costs	56 000	26 000	0
Financial Balance	−60 000	−20 000	0
Earnings Before Tax	−109 000	1 292 000	142 000
Tax	−23 000	291 000	30 000
Net Income	−86 000	1 001 000	112 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	851 000	995 000	0
Total Current Assets	1 955 000	2 233 000	809 000
Total Assets	2 806 000	3 228 000	809 000
Total Retained Equity	1 027 000	1 113 000	112 000
Total Equity	1 471 000	1 558 000	556 000
Total Long-Term Debt	613 000	813 000	1 000
Total Current Debt	722 000	858 000	252 000
Total Equity and Debt	2 806 000	3 228 000	809 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 012 000	5 948 000	352 000
Other Income	106 000	0	0
Revenue	5 118 000	5 948 000	352 000
Cost of Goods Sold	321 000	1 280 000	0
Salary Costs	1 731 000	1 298 000	49 000
Depreciation	161 000	105 000	0
Impairment	0	0	0
Expenditure	5 167 000	4 635 000	211 000
Operating Profit	−49 000	1 313 000	142 000
Financial Income	−4 000	6 000	0
Financial Costs	56 000	26 000	0
Financial Balance	−60 000	−20 000	0
Dividends	0	0	0
Net Income	−86 000	1 001 000	112 000

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	318 000	362 000	0
Fixtures	533 000	633 000	0
Total Tangible Assets	851 000	995 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	851 000	995 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	887 000	774 000	245 000
Total Current Assets	1 955 000	2 233 000	809 000
Total Assets	2 806 000	3 228 000	809 000
Total Equity	1 471 000	1 558 000	556 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	613 000	813 000	1 000
Creditors	357 000	268 000	207 000
Unpaid Taxes	175 000	180 000	8 000
Dividends	0	0	0
Other Current Debt	178 000	154 000	8 000
Total Current Debt	722 000	858 000	252 000
Total Equity and Debt	2 806 000	3 228 000	809 000

Financial indicators	2022	2021	2020
Return on Equity	−5,85 %	64,25 %	20,14 %
Debt-to-Equity Ratio	0,42	0,52	0
Operating Profit Margin	−0,96 %	22,07 %	40,34 %
Current Ratio	2,71	2,6	3,21
Quick Ratio	2,71	2,6	3,21
Equity Ratio	0,52	0,48	0,69
Gross Profit Margin	93,73 %	78,48 %	100 %