OLAV OLSEN HOLDING AS

6386 MÅNDALEN

Finances

Return on Equity

9,02 %

Current Ratio

7,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−341 000	747 000	3 186 000	865 000
Net Income	6 049 000	47 727 000	3 241 000	6 909 000
Total Assets	74 240 000	83 580 000	53 218 000	52 703 000
Total Equity	67 093 000	71 044 000	28 317 000	45 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	−341 000	747 000	3 186 000	865 000
Expenditure	1 922 000	2 386 000	4 673 000	1 365 000
Operating Profit	−2 263 000	−1 640 000	−1 487 000	−501 000
Financial Income	12 855 000	55 845 000	7 825 000	9 461 000
Financial Costs	4 806 000	4 817 000	3 334 000	2 157 000
Financial Balance	8 049 000	51 028 000	4 491 000	7 304 000
Earnings Before Tax	5 786 000	49 388 000	3 004 000	6 803 000
Tax	−263 000	1 661 000	−238 000	−106 000
Net Income	6 049 000	47 727 000	3 241 000	6 909 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 016 000	18 885 000	27 738 000	29 681 000
Total Current Assets	56 224 000	64 695 000	25 480 000	23 022 000
Total Assets	74 240 000	83 580 000	53 218 000	52 703 000
Total Retained Equity	66 808 000	70 759 000	28 032 000	45 071 000
Total Equity	67 093 000	71 044 000	28 317 000	45 356 000
Total Long-Term Debt	0	0	5 727 000	7 198 000
Total Current Debt	7 146 000	12 536 000	19 174 000	150 000
Total Equity and Debt	74 240 000	83 580 000	53 218 000	52 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−465 000	517 000	2 880 000	589 000
Other Income	124 000	229 000	306 000	276 000
Revenue	−341 000	747 000	3 186 000	865 000
Cost of Goods Sold	220 000	235 000	3 250 000	2 000
Salary Costs	750 000	621 000	303 000	680 000
Depreciation	169 000	237 000	390 000	226 000
Impairment	0	0	0	0
Expenditure	1 922 000	2 386 000	4 673 000	1 365 000
Operating Profit	−2 263 000	−1 640 000	−1 487 000	−501 000
Financial Income	12 855 000	55 845 000	7 825 000	9 461 000
Financial Costs	4 806 000	4 817 000	3 334 000	2 157 000
Financial Balance	8 049 000	51 028 000	4 491 000	7 304 000
Dividends	10 000 000	5 000 000	20 280 000	300 000
Net Income	6 049 000	47 727 000	3 241 000	6 909 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	699 000	436 000	531 000	293 000
Real Eastate	6 666 000	6 817 000	14 907 000	15 184 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	34 000	46 000	70 000
Total Tangible Assets	6 832 000	6 851 000	14 953 000	15 254 000
Total Fiancial Fixed Assets	10 484 000	11 597 000	12 254 000	14 135 000
Total Fixed Assets	18 016 000	18 885 000	27 738 000	29 681 000
Stock	0	4 320 000	5 000 000	3 201 000
Total Investments	14 874 000	47 155 000	13 691 000	38 000
Cash, Bank	22 475 000	10 515 000	4 423 000	17 755 000
Total Current Assets	56 224 000	64 695 000	25 480 000	23 022 000
Total Assets	74 240 000	83 580 000	53 218 000	52 703 000
Total Equity	67 093 000	71 044 000	28 317 000	45 356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 727 000	7 198 000
Creditors	19 000	11 000	21 000	5 000
Unpaid Taxes	49 000	371 000	14 000	45 000
Dividends	10 000 000	5 000 000	20 280 000	300 000
Other Current Debt	7 078 000	10 587 000	139 000	99 000
Total Current Debt	7 146 000	12 536 000	19 174 000	150 000
Total Equity and Debt	74 240 000	83 580 000	53 218 000	52 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,02 %	67,18 %	11,45 %	15,23 %
Debt-to-Equity Ratio	0	0	0,2	0,16
Operating Profit Margin	663,64 %	−219,54 %	−46,67 %	−57,92 %
Current Ratio	7,87	5,16	1,33	153,48
Quick Ratio	7,87	7,87	1,8	−7,55
Equity Ratio	0,9	0,85	0,53	0,86
Gross Profit Margin	164,52 %	68,54 %	−2,01 %	99,77 %