OLAVSGAARD DRIFT AS

2013 SKJETTEN

Finances

Return on Equity

3,65 %

Current Ratio

0,93

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020
Revenue	165 484 000	117 784 000	89 639 000
Net Income	582 000	14 543 000	−633 000
Total Assets	60 720 000	75 269 000	57 282 000
Total Equity	15 941 000	15 359 000	5 842 000

Income (NOK)	2022	2021	2020
Revenue	165 484 000	117 784 000	89 639 000
Expenditure	164 459 000	98 865 000	89 802 000
Operating Profit	1 024 000	18 918 000	−162 000
Financial Income	1 033 000	494 000	14 000
Financial Costs	1 311 000	865 000	551 000
Financial Balance	−278 000	−371 000	−537 000
Earnings Before Tax	746 000	18 548 000	−699 000
Tax	164 000	4 005 000	−67 000
Net Income	582 000	14 543 000	−633 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	36 278 000	13 109 000	7 710 000
Total Current Assets	24 442 000	62 160 000	49 572 000
Total Assets	60 720 000	75 269 000	57 282 000
Total Retained Equity	15 841 000	15 259 000	5 742 000
Total Equity	15 941 000	15 359 000	5 842 000
Total Long-Term Debt	18 439 000	13 535 000	16 000 000
Total Current Debt	26 340 000	46 374 000	35 440 000
Total Equity and Debt	60 720 000	75 269 000	57 282 000

Cash flow (NOK)	2022	2021	2020
Sales Income	74 249 000	105 534 000	76 308 000
Other Income	91 235 000	12 250 000	13 331 000
Revenue	165 484 000	117 784 000	89 639 000
Cost of Goods Sold	26 284 000	11 150 000	11 892 000
Salary Costs	64 865 000	35 846 000	36 983 000
Depreciation	582 000	687 000	1 138 000
Impairment	0	0	0
Expenditure	164 459 000	98 865 000	89 802 000
Operating Profit	1 024 000	18 918 000	−162 000
Financial Income	1 033 000	494 000	14 000
Financial Costs	1 311 000	865 000	551 000
Financial Balance	−278 000	−371 000	−537 000
Dividends	0	0	0
Net Income	582 000	14 543 000	−633 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	561 000	551 000	546 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	6 394 000	7 081 000
Fixtures	5 961 000	0	0
Total Tangible Assets	5 961 000	6 394 000	7 081 000
Total Fiancial Fixed Assets	29 755 000	6 164 000	83 000
Total Fixed Assets	36 278 000	13 109 000	7 710 000
Stock	2 893 000	1 968 000	1 947 000
Total Investments	0	0	0
Cash, Bank	2 541 000	22 766 000	5 466 000
Total Current Assets	24 442 000	62 160 000	49 572 000
Total Assets	60 720 000	75 269 000	57 282 000
Total Equity	15 941 000	15 359 000	5 842 000
Short-Term Group Debt	1 285 000	24 299 000	18 606 000
Total Long-Term Debt	18 439 000	13 535 000	16 000 000
Creditors	7 468 000	8 043 000	3 808 000
Unpaid Taxes	7 630 000	5 558 000	3 044 000
Dividends	0	0	0
Other Current Debt	9 784 000	5 881 000	4 962 000
Total Current Debt	26 340 000	46 374 000	35 440 000
Total Equity and Debt	60 720 000	75 269 000	57 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,65 %	94,69 %	−10,84 %	-
Debt-to-Equity Ratio	1,16	0,88	2,74	-
Operating Profit Margin	0,62 %	16,06 %	−0,18 %	-
Current Ratio	0,93	1,34	1,4	-
Quick Ratio	1,04	1,4	1,48	-
Equity Ratio	0,26	0,2	0,1	-
Gross Profit Margin	84,12 %	90,53 %	86,73 %	-