OLAV KNUTSEN AS

5528 HAUGESUND

Finances

Return on Equity

81,12 %

Current Ratio

0,24

Debt-to-Equity Ratio

−8,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	13 000
Net Income	−116 000	−97 000	−113 000	−23 000
Total Assets	1 200 000	1 192 000	1 174 000	1 125 000
Total Equity	−143 000	−27 000	70 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	13 000
Expenditure	123 000	108 000	119 000	27 000
Operating Profit	−123 000	−107 000	−120 000	−15 000
Financial Income	1 000	1 000	0	0
Financial Costs	25 000	17 000	25 000	16 000
Financial Balance	−24 000	−16 000	−25 000	−16 000
Earnings Before Tax	−148 000	−124 000	−145 000	−31 000
Tax	−32 000	−28 000	−32 000	−8 000
Net Income	−116 000	−97 000	−113 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 168 000	1 151 000	1 124 000	1 108 000
Total Current Assets	32 000	41 000	51 000	18 000
Total Assets	1 200 000	1 192 000	1 174 000	1 125 000
Total Retained Equity	−243 000	−127 000	−30 000	83 000
Total Equity	−143 000	−27 000	70 000	183 000
Total Long-Term Debt	1 207 000	1 149 000	1 100 000	923 000
Total Current Debt	136 000	70 000	5 000	19 000
Total Equity and Debt	1 200 000	1 192 000	1 174 000	1 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	13 000
Revenue	0	0	0	13 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 000	18 000	6 000	−131 000
Depreciation	15 000	0	15 000	15 000
Impairment	0	0	0	0
Expenditure	123 000	108 000	119 000	27 000
Operating Profit	−123 000	−107 000	−120 000	−15 000
Financial Income	1 000	1 000	0	0
Financial Costs	25 000	17 000	25 000	16 000
Financial Balance	−24 000	−16 000	−25 000	−16 000
Dividends	0	0	0	0
Net Income	−116 000	−97 000	−113 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	455 000	423 000	395 000	364 000
Real Eastate	713 000	728 000	728 000	744 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	713 000	728 000	728 000	744 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 168 000	1 151 000	1 124 000	1 108 000
Stock	0	0	0	0
Total Investments	14 000	16 000	16 000	17 000
Cash, Bank	1 000	9 000	1 000	0
Total Current Assets	32 000	41 000	51 000	18 000
Total Assets	1 200 000	1 192 000	1 174 000	1 125 000
Total Equity	−143 000	−27 000	70 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 207 000	1 149 000	1 100 000	923 000
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	136 000	70 000	5 000	16 000
Total Current Debt	136 000	70 000	5 000	19 000
Total Equity and Debt	1 200 000	1 192 000	1 174 000	1 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,12 %	359,26 %	−161,43 %	−12,57 %
Debt-to-Equity Ratio	−8,44	−42,56	15,71	5,04
Operating Profit Margin	-	-	-	−115,38 %
Current Ratio	0,24	0,59	10,2	0,95
Quick Ratio	0,24	0,59	10,2	0,95
Equity Ratio	−0,12	−0,02	0,06	0,16
Gross Profit Margin	-	-	-	100 %