OLAVSVERN GROUP AS

9021 TROMSDALEN

Finances

Share Ownership

Return on Equity

11,95 %

Current Ratio

3,33

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 357 000	21 713 000	15 792 000	17 529 000
Net Income	2 453 000	−1 376 000	1 797 000	2 285 000
Total Assets	62 836 000	60 778 000	52 693 000	51 077 000
Total Equity	20 523 000	18 069 000	19 446 000	17 649 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 357 000	21 713 000	15 792 000	17 529 000
Expenditure	15 881 000	22 817 000	12 449 000	13 554 000
Operating Profit	4 476 000	−1 104 000	3 344 000	3 974 000
Financial Income	48 000	46 000	117 000	161 000
Financial Costs	1 348 000	707 000	1 157 000	1 193 000
Financial Balance	−1 300 000	−661 000	−1 040 000	−1 032 000
Earnings Before Tax	3 176 000	−1 765 000	2 304 000	2 941 000
Tax	723 000	−388 000	508 000	656 000
Net Income	2 453 000	−1 376 000	1 797 000	2 285 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 562 000	53 566 000	49 690 000	47 380 000
Total Current Assets	8 274 000	7 212 000	3 003 000	3 697 000
Total Assets	62 836 000	60 778 000	52 693 000	51 077 000
Total Retained Equity	14 534 000	12 081 000	13 457 000	11 661 000
Total Equity	20 523 000	18 069 000	19 446 000	17 649 000
Total Long-Term Debt	39 831 000	39 241 000	30 429 000	30 631 000
Total Current Debt	2 483 000	3 467 000	2 819 000	2 797 000
Total Equity and Debt	62 836 000	60 778 000	52 693 000	51 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 150 000	11 117 000	4 286 000	4 058 000
Other Income	15 206 000	10 596 000	11 506 000	13 471 000
Revenue	20 357 000	21 713 000	15 792 000	17 529 000
Cost of Goods Sold	1 648 000	3 422 000	−503 000	282 000
Salary Costs	3 616 000	3 715 000	3 305 000	3 119 000
Depreciation	1 482 000	1 128 000	778 000	724 000
Impairment	0	0	0	0
Expenditure	15 881 000	22 817 000	12 449 000	13 554 000
Operating Profit	4 476 000	−1 104 000	3 344 000	3 974 000
Financial Income	48 000	46 000	117 000	161 000
Financial Costs	1 348 000	707 000	1 157 000	1 193 000
Financial Balance	−1 300 000	−661 000	−1 040 000	−1 032 000
Dividends	0	0	0	0
Net Income	2 453 000	−1 376 000	1 797 000	2 285 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	52 155 000	51 466 000	48 064 000	46 133 000
Machinery and Plant Facilities	1 588 000	1 180 000	1 227 000	1 108 000
Fixtures	820 000	870 000	350 000	89 000
Total Tangible Assets	54 562 000	53 516 000	49 640 000	47 330 000
Total Fiancial Fixed Assets	0	50 000	50 000	50 000
Total Fixed Assets	54 562 000	53 566 000	49 690 000	47 380 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 829 000	3 315 000	104 000	871 000
Total Current Assets	8 274 000	7 212 000	3 003 000	3 697 000
Total Assets	62 836 000	60 778 000	52 693 000	51 077 000
Total Equity	20 523 000	18 069 000	19 446 000	17 649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 831 000	39 241 000	30 429 000	30 631 000
Creditors	817 000	2 351 000	1 752 000	1 671 000
Unpaid Taxes	242 000	151 000	306 000	161 000
Dividends	0	0	0	0
Other Current Debt	1 291 000	965 000	421 000	394 000
Total Current Debt	2 483 000	3 467 000	2 819 000	2 797 000
Total Equity and Debt	62 836 000	60 778 000	52 693 000	51 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,95 %	−7,62 %	9,24 %	12,95 %
Debt-to-Equity Ratio	1,94	2,17	1,56	1,74
Operating Profit Margin	21,99 %	−5,08 %	21,18 %	22,67 %
Current Ratio	3,33	2,08	1,07	1,32
Quick Ratio	3,33	2,08	1,07	1,32
Equity Ratio	0,33	0,3	0,37	0,35
Gross Profit Margin	91,9 %	84,24 %	103,19 %	98,39 %