OLAF KNUDSEN & CO AS

4818 FÆRVIK

Finances

Share Ownership

Return on Equity

2,19 %

Current Ratio

1,85

Debt-to-Equity Ratio

11,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 591 000	2 879 000	2 908 000	3 112 000
Net Income	7 000	93 000	95 000	122 000
Total Assets	4 511 000	4 245 000	3 227 000	2 983 000
Total Equity	319 000	312 000	219 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 591 000	2 879 000	2 908 000	3 112 000
Expenditure	3 413 000	2 757 000	2 528 000	2 988 000
Operating Profit	178 000	121 000	381 000	124 000
Financial Income	0	0	0	1 000
Financial Costs	169 000	2 000	164 000	4 000
Financial Balance	−169 000	−2 000	−164 000	−3 000
Earnings Before Tax	9 000	119 000	217 000	122 000
Tax	2 000	26 000	122 000	0
Net Income	7 000	93 000	95 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 715 000	1 856 000	2 100 000	2 429 000
Total Current Assets	796 000	2 389 000	1 127 000	554 000
Total Assets	4 511 000	4 245 000	3 227 000	2 983 000
Total Retained Equity	305 000	298 000	205 000	109 000
Total Equity	319 000	312 000	219 000	123 000
Total Long-Term Debt	3 762 000	2 114 000	2 087 000	2 173 000
Total Current Debt	430 000	1 820 000	921 000	686 000
Total Equity and Debt	4 511 000	4 245 000	3 227 000	2 983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 573 000	2 850 000	2 883 000	3 031 000
Other Income	18 000	30 000	25 000	81 000
Revenue	3 591 000	2 879 000	2 908 000	3 112 000
Cost of Goods Sold	194 000	140 000	74 000	203 000
Salary Costs	1 244 000	1 061 000	945 000	1 185 000
Depreciation	288 000	244 000	329 000	430 000
Impairment	0	0	0	0
Expenditure	3 413 000	2 757 000	2 528 000	2 988 000
Operating Profit	178 000	121 000	381 000	124 000
Financial Income	0	0	0	1 000
Financial Costs	169 000	2 000	164 000	4 000
Financial Balance	−169 000	−2 000	−164 000	−3 000
Dividends	0	0	0	0
Net Income	7 000	93 000	95 000	122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 139 000	101 000	103 000	105 000
Machinery and Plant Facilities	183 000	243 000	261 000	293 000
Fixtures	1 388 000	1 507 000	1 731 000	2 026 000
Total Tangible Assets	3 715 000	1 856 000	2 100 000	2 429 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 715 000	1 856 000	2 100 000	2 429 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	687 000	594 000	538 000	447 000
Total Current Assets	796 000	2 389 000	1 127 000	554 000
Total Assets	4 511 000	4 245 000	3 227 000	2 983 000
Total Equity	319 000	312 000	219 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 762 000	2 114 000	2 087 000	2 173 000
Creditors	25 000	141 000	125 000	−11 000
Unpaid Taxes	82 000	475 000	300 000	193 000
Dividends	0	0	0	0
Other Current Debt	323 000	1 204 000	495 000	504 000
Total Current Debt	430 000	1 820 000	921 000	686 000
Total Equity and Debt	4 511 000	4 245 000	3 227 000	2 983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,19 %	29,81 %	43,38 %	99,19 %
Debt-to-Equity Ratio	11,79	6,78	9,53	17,67
Operating Profit Margin	4,96 %	4,2 %	13,1 %	3,98 %
Current Ratio	1,85	1,31	1,22	0,81
Quick Ratio	1,85	1,31	1,22	0,81
Equity Ratio	0,07	0,07	0,07	0,04
Gross Profit Margin	94,6 %	95,14 %	97,46 %	93,48 %