OLE FJERMEDAL HOLDING AS

4700 VENNESLA

Finances

Return on Equity

25 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	209 000	0	0
Net Income	2 028 000	3 989 000	−17 000	1 038 000
Total Assets	9 758 000	10 880 000	6 861 000	7 908 000
Total Equity	8 111 000	6 917 000	3 578 000	3 675 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	209 000	0	0
Expenditure	22 000	224 000	22 000	14 000
Operating Profit	−22 000	−14 000	−22 000	−14 000
Financial Income	2 059 000	4 000 000	0	1 052 000
Financial Costs	0	0	0	0
Financial Balance	2 059 000	4 000 000	0	1 052 000
Earnings Before Tax	2 036 000	3 986 000	−22 000	1 038 000
Tax	8 000	−3 000	−5 000	0
Net Income	2 028 000	3 989 000	−17 000	1 038 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 856 000	6 864 000	6 861 000	5 556 000
Total Current Assets	2 902 000	4 017 000	0	2 352 000
Total Assets	9 758 000	10 880 000	6 861 000	7 908 000
Total Retained Equity	6 250 000	5 056 000	1 717 000	1 814 000
Total Equity	8 111 000	6 917 000	3 578 000	3 675 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 647 000	3 963 000	3 283 000	4 233 000
Total Equity and Debt	9 758 000	10 880 000	6 861 000	7 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	209 000	0	0
Other Income	0	0	0	0
Revenue	0	209 000	0	0
Cost of Goods Sold	0	200 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 000	224 000	22 000	14 000
Operating Profit	−22 000	−14 000	−22 000	−14 000
Financial Income	2 059 000	4 000 000	0	1 052 000
Financial Costs	0	0	0	0
Financial Balance	2 059 000	4 000 000	0	1 052 000
Dividends	834 000	0	0	600 000
Net Income	2 028 000	3 989 000	−17 000	1 038 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 856 000	6 856 000	6 856 000	5 556 000
Total Fixed Assets	6 856 000	6 864 000	6 861 000	5 556 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	17 000	0	0
Total Current Assets	2 902 000	4 017 000	0	2 352 000
Total Assets	9 758 000	10 880 000	6 861 000	7 908 000
Total Equity	8 111 000	6 917 000	3 578 000	3 675 000
Short-Term Group Debt	813 000	3 911 000	3 276 000	3 633 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	8 000	0
Unpaid Taxes	0	2 000	0	0
Dividends	834 000	0	0	600 000
Other Current Debt	0	50 000	0	0
Total Current Debt	1 647 000	3 963 000	3 283 000	4 233 000
Total Equity and Debt	9 758 000	10 880 000	6 861 000	7 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	57,67 %	−0,48 %	28,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−6,7 %	-	-
Current Ratio	1,76	1,01	0	0,56
Quick Ratio	1,76	1,01	0	0,56
Equity Ratio	0,83	0,64	0,52	0,46
Gross Profit Margin	-	4,31 %	-	-