OLEFINA EIENDOM AS

2120 SAGSTUA

Finances

Share Ownership

Return on Equity

19 %

Current Ratio

5,66

Debt-to-Equity Ratio

2,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 734 000	1 325 000	1 075 000	841 000
Net Income	353 000	201 000	−196 000	−58 000
Total Assets	6 521 000	6 531 000	6 489 000	5 313 000
Total Equity	1 858 000	1 661 000	1 460 000	1 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 734 000	1 325 000	1 075 000	841 000
Expenditure	1 046 000	849 000	1 135 000	774 000
Operating Profit	689 000	476 000	−61 000	68 000
Financial Income	8 000	7 000	5 000	3 000
Financial Costs	244 000	225 000	196 000	182 000
Financial Balance	−236 000	−218 000	−191 000	−179 000
Earnings Before Tax	452 000	257 000	−252 000	−111 000
Tax	99 000	57 000	−55 000	−53 000
Net Income	353 000	201 000	−196 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 488 000	4 065 000	4 252 000	4 461 000
Total Current Assets	3 033 000	2 466 000	2 237 000	852 000
Total Assets	6 521 000	6 531 000	6 489 000	5 313 000
Total Retained Equity	397 000	201 000	0	0
Total Equity	1 858 000	1 661 000	1 460 000	1 194 000
Total Long-Term Debt	4 127 000	4 627 000	4 706 000	2 957 000
Total Current Debt	536 000	243 000	322 000	1 162 000
Total Equity and Debt	6 521 000	6 531 000	6 489 000	5 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 684 000	1 325 000	1 075 000	841 000
Other Income	50 000	0	0	0
Revenue	1 734 000	1 325 000	1 075 000	841 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	228 000	227 000	225 000	230 000
Impairment	0	0	0	0
Expenditure	1 046 000	849 000	1 135 000	774 000
Operating Profit	689 000	476 000	−61 000	68 000
Financial Income	8 000	7 000	5 000	3 000
Financial Costs	244 000	225 000	196 000	182 000
Financial Balance	−236 000	−218 000	−191 000	−179 000
Dividends	0	0	0	0
Net Income	353 000	201 000	−196 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 258 000	3 785 000	3 962 000	4 140 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	231 000	281 000	290 000	321 000
Total Tangible Assets	3 488 000	4 065 000	4 252 000	4 461 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 488 000	4 065 000	4 252 000	4 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	735 000	107 000	1 482 000	7 000
Total Current Assets	3 033 000	2 466 000	2 237 000	852 000
Total Assets	6 521 000	6 531 000	6 489 000	5 313 000
Total Equity	1 858 000	1 661 000	1 460 000	1 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 127 000	4 627 000	4 706 000	2 957 000
Creditors	101 000	159 000	97 000	12 000
Unpaid Taxes	103 000	0	0	32 000
Dividends	0	0	0	0
Other Current Debt	278 000	24 000	225 000	1 118 000
Total Current Debt	536 000	243 000	322 000	1 162 000
Total Equity and Debt	6 521 000	6 531 000	6 489 000	5 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19 %	12,1 %	−13,42 %	−4,86 %
Debt-to-Equity Ratio	2,22	2,79	3,22	2,48
Operating Profit Margin	39,73 %	35,92 %	−5,67 %	8,09 %
Current Ratio	5,66	10,15	6,95	0,73
Quick Ratio	5,66	10,15	6,95	0,73
Equity Ratio	0,28	0,25	0,22	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %