OLSEN MARITIME AS

4950 RISØR

Finances

Share Ownership

Return on Equity

−10,13 %

Current Ratio

3,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 307 000	1 186 000	1 429 000	1 670 000
Net Income	−54 000	−255 000	−173 000	−98 000
Total Assets	774 000	770 000	1 031 000	1 212 000
Total Equity	533 000	587 000	843 000	1 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 307 000	1 186 000	1 429 000	1 670 000
Expenditure	1 362 000	1 460 000	1 601 000	1 769 000
Operating Profit	−54 000	−276 000	−173 000	−98 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−54 000	−276 000	−173 000	−98 000
Tax	0	−20 000	0	0
Net Income	−54 000	−255 000	−173 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	34 000	71 000
Total Current Assets	774 000	767 000	998 000	1 141 000
Total Assets	774 000	770 000	1 031 000	1 212 000
Total Retained Equity	433 000	487 000	743 000	916 000
Total Equity	533 000	587 000	843 000	1 016 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	241 000	182 000	189 000	196 000
Total Equity and Debt	774 000	770 000	1 031 000	1 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 307 000	1 186 000	1 429 000	1 670 000
Other Income	0	0	0	0
Revenue	1 307 000	1 186 000	1 429 000	1 670 000
Cost of Goods Sold	419 000	624 000	715 000	862 000
Salary Costs	676 000	606 000	640 000	645 000
Depreciation	3 000	31 000	37 000	43 000
Impairment	0	0	0	0
Expenditure	1 362 000	1 460 000	1 601 000	1 769 000
Operating Profit	−54 000	−276 000	−173 000	−98 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−54 000	−255 000	−173 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	34 000	71 000
Total Tangible Assets	0	3 000	34 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	34 000	71 000
Stock	275 000	260 000	233 000	228 000
Total Investments	0	0	0	0
Cash, Bank	106 000	396 000	681 000	478 000
Total Current Assets	774 000	767 000	998 000	1 141 000
Total Assets	774 000	770 000	1 031 000	1 212 000
Total Equity	533 000	587 000	843 000	1 016 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	74 000	32 000	47 000	56 000
Unpaid Taxes	85 000	90 000	85 000	80 000
Dividends	0	0	0	0
Other Current Debt	81 000	60 000	57 000	60 000
Total Current Debt	241 000	182 000	189 000	196 000
Total Equity and Debt	774 000	770 000	1 031 000	1 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,13 %	−43,44 %	−20,52 %	−9,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,13 %	−23,27 %	−12,11 %	−5,87 %
Current Ratio	3,21	4,21	5,28	5,82
Quick Ratio	−22,76	−9,83	−22,68	−35,66
Equity Ratio	0,69	0,76	0,82	0,84
Gross Profit Margin	67,94 %	47,39 %	49,97 %	48,38 %