OLAF ELLINGSEN A/S

5154 BØNES

Finances

Share Ownership

Return on Equity

209,58 %

Current Ratio

1,72

Debt-to-Equity Ratio

6,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 484 000	107 538 000	111 689 000	89 437 000
Net Income	3 676 000	4 400 000	4 726 000	3 377 000
Total Assets	32 317 000	30 956 000	33 430 000	25 287 000
Total Equity	1 754 000	1 752 000	1 751 000	1 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 484 000	107 538 000	111 689 000	89 437 000
Expenditure	97 138 000	101 582 000	105 321 000	84 540 000
Operating Profit	5 346 000	5 954 000	6 368 000	4 897 000
Financial Income	0	0	4 000	5 000
Financial Costs	632 000	313 000	314 000	573 000
Financial Balance	−632 000	−313 000	−310 000	−568 000
Earnings Before Tax	4 714 000	5 642 000	6 059 000	4 329 000
Tax	1 038 000	1 241 000	1 333 000	952 000
Net Income	3 676 000	4 400 000	4 726 000	3 377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	310 000	343 000	375 000	410 000
Total Current Assets	32 007 000	30 613 000	33 055 000	24 877 000
Total Assets	32 317 000	30 956 000	33 430 000	25 287 000
Total Retained Equity	1 554 000	1 552 000	1 551 000	1 532 000
Total Equity	1 754 000	1 752 000	1 751 000	1 732 000
Total Long-Term Debt	12 000 000	5 217 000	5 217 000	5 217 000
Total Current Debt	18 563 000	23 987 000	26 462 000	18 338 000
Total Equity and Debt	32 317 000	30 956 000	33 430 000	25 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 384 000	107 434 000	111 563 000	89 408 000
Other Income	100 000	103 000	126 000	29 000
Revenue	102 484 000	107 538 000	111 689 000	89 437 000
Cost of Goods Sold	43 980 000	43 368 000	44 883 000	36 320 000
Salary Costs	7 995 000	8 546 000	8 322 000	7 363 000
Depreciation	29 000	29 000	29 000	62 000
Impairment	0	0	0	0
Expenditure	97 138 000	101 582 000	105 321 000	84 540 000
Operating Profit	5 346 000	5 954 000	6 368 000	4 897 000
Financial Income	0	0	4 000	5 000
Financial Costs	632 000	313 000	314 000	573 000
Financial Balance	−632 000	−313 000	−310 000	−568 000
Dividends	3 675 000	4 325 000	0	0
Net Income	3 676 000	4 400 000	4 726 000	3 377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	261 000	265 000	268 000	274 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	49 000	78 000	107 000	136 000
Fixtures	0	0	0	0
Total Tangible Assets	49 000	78 000	107 000	136 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	310 000	343 000	375 000	410 000
Stock	13 586 000	12 914 000	11 051 000	8 921 000
Total Investments	0	0	0	0
Cash, Bank	4 511 000	3 377 000	4 121 000	4 290 000
Total Current Assets	32 007 000	30 613 000	33 055 000	24 877 000
Total Assets	32 317 000	30 956 000	33 430 000	25 287 000
Total Equity	1 754 000	1 752 000	1 751 000	1 732 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000 000	5 217 000	5 217 000	5 217 000
Creditors	6 040 000	6 965 000	6 119 000	4 373 000
Unpaid Taxes	1 674 000	1 908 000	2 176 000	1 627 000
Dividends	3 675 000	4 325 000	0	0
Other Current Debt	6 141 000	9 572 000	18 167 000	12 338 000
Total Current Debt	18 563 000	23 987 000	26 462 000	18 338 000
Total Equity and Debt	32 317 000	30 956 000	33 430 000	25 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	209,58 %	251,14 %	269,9 %	194,98 %
Debt-to-Equity Ratio	6,84	2,98	2,98	3,01
Operating Profit Margin	5,22 %	5,54 %	5,7 %	5,48 %
Current Ratio	1,72	1,28	1,25	1,36
Quick Ratio	6,43	2,76	2,14	2,64
Equity Ratio	0,05	0,06	0,05	0,07
Gross Profit Margin	57,09 %	59,67 %	59,81 %	59,39 %