OLSENS VERFT AS

9153 ROTSUND

Finances

Share Ownership

Return on Equity

−3,65 %

Current Ratio

5,36

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 638 000	5 875 000	6 433 000	5 992 000
Net Income	−111 000	95 000	215 000	−618 000
Total Assets	3 699 000	4 026 000	4 033 000	4 572 000
Total Equity	3 042 000	3 152 000	3 057 000	2 843 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 638 000	5 875 000	6 433 000	5 992 000
Expenditure	4 737 000	5 774 000	6 236 000	6 782 000
Operating Profit	−98 000	101 000	234 000	−597 000
Financial Income	0	7 000	4 000	0
Financial Costs	12 000	13 000	23 000	21 000
Financial Balance	−12 000	−6 000	−19 000	−21 000
Earnings Before Tax	−111 000	95 000	215 000	−618 000
Tax	0	0	0	0
Net Income	−111 000	95 000	215 000	−618 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	701 000	956 000	992 000	1 125 000
Total Current Assets	2 998 000	3 070 000	3 041 000	3 447 000
Total Assets	3 699 000	4 026 000	4 033 000	4 572 000
Total Retained Equity	2 942 000	3 052 000	2 957 000	2 743 000
Total Equity	3 042 000	3 152 000	3 057 000	2 843 000
Total Long-Term Debt	99 000	155 000	212 000	268 000
Total Current Debt	559 000	718 000	764 000	1 461 000
Total Equity and Debt	3 699 000	4 026 000	4 033 000	4 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 638 000	5 875 000	6 433 000	5 983 000
Other Income	0	0	0	8 000
Revenue	4 638 000	5 875 000	6 433 000	5 992 000
Cost of Goods Sold	1 105 000	1 679 000	1 734 000	2 224 000
Salary Costs	2 673 000	3 202 000	3 414 000	3 784 000
Depreciation	142 000	148 000	192 000	156 000
Impairment	0	0	0	0
Expenditure	4 737 000	5 774 000	6 236 000	6 782 000
Operating Profit	−98 000	101 000	234 000	−597 000
Financial Income	0	7 000	4 000	0
Financial Costs	12 000	13 000	23 000	21 000
Financial Balance	−12 000	−6 000	−19 000	−21 000
Dividends	0	0	0	0
Net Income	−111 000	95 000	215 000	−618 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	510 000	708 000	687 000	676 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	191 000	248 000	305 000	449 000
Total Tangible Assets	701 000	956 000	992 000	1 125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	701 000	956 000	992 000	1 125 000
Stock	1 704 000	1 659 000	1 823 000	1 806 000
Total Investments	0	0	0	0
Cash, Bank	985 000	1 166 000	529 000	851 000
Total Current Assets	2 998 000	3 070 000	3 041 000	3 447 000
Total Assets	3 699 000	4 026 000	4 033 000	4 572 000
Total Equity	3 042 000	3 152 000	3 057 000	2 843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	155 000	212 000	268 000
Creditors	88 000	169 000	294 000	774 000
Unpaid Taxes	192 000	210 000	98 000	183 000
Dividends	0	0	0	0
Other Current Debt	279 000	339 000	372 000	504 000
Total Current Debt	559 000	718 000	764 000	1 461 000
Total Equity and Debt	3 699 000	4 026 000	4 033 000	4 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,65 %	3,01 %	7,03 %	−21,74 %
Debt-to-Equity Ratio	0,03	0,05	0,07	0,09
Operating Profit Margin	−2,11 %	1,72 %	3,64 %	−9,96 %
Current Ratio	5,36	4,28	3,98	2,36
Quick Ratio	−2,62	−3,26	−2,87	−9,99
Equity Ratio	0,82	0,78	0,76	0,62
Gross Profit Margin	76,18 %	71,42 %	73,05 %	62,88 %