OLE CLOSS AS

2010 STRØMMEN

Finances

Share Ownership

Return on Equity

12,99 %

Current Ratio

5,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 723 000	5 553 000	5 685 000	5 885 000
Net Income	844 000	1 360 000	1 593 000	1 528 000
Total Assets	8 028 000	7 142 000	8 853 000	7 244 000
Total Equity	6 496 000	6 492 000	6 132 000	6 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 723 000	5 553 000	5 685 000	5 885 000
Expenditure	4 678 000	3 818 000	3 665 000	3 960 000
Operating Profit	1 045 000	1 735 000	2 021 000	1 924 000
Financial Income	37 000	9 000	22 000	34 000
Financial Costs	0	1 000	0	0
Financial Balance	37 000	8 000	22 000	34 000
Earnings Before Tax	1 082 000	1 744 000	2 042 000	1 959 000
Tax	238 000	384 000	449 000	431 000
Net Income	844 000	1 360 000	1 593 000	1 528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	263 000	344 000	208 000	273 000
Total Current Assets	7 765 000	6 798 000	8 644 000	6 971 000
Total Assets	8 028 000	7 142 000	8 853 000	7 244 000
Total Retained Equity	6 466 000	6 462 000	6 102 000	6 509 000
Total Equity	6 496 000	6 492 000	6 132 000	6 539 000
Total Long-Term Debt	1 000	4 000	0	2 000
Total Current Debt	1 531 000	645 000	2 721 000	703 000
Total Equity and Debt	8 028 000	7 142 000	8 853 000	7 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 723 000	5 519 000	5 685 000	5 885 000
Other Income	0	34 000	0	0
Revenue	5 723 000	5 553 000	5 685 000	5 885 000
Cost of Goods Sold	2 125 000	1 969 000	1 902 000	2 144 000
Salary Costs	2 269 000	1 567 000	1 538 000	1 543 000
Depreciation	81 000	94 000	66 000	55 000
Impairment	0	0	0	0
Expenditure	4 678 000	3 818 000	3 665 000	3 960 000
Operating Profit	1 045 000	1 735 000	2 021 000	1 924 000
Financial Income	37 000	9 000	22 000	34 000
Financial Costs	0	1 000	0	0
Financial Balance	37 000	8 000	22 000	34 000
Dividends	840 000	0	2 000 000	0
Net Income	844 000	1 360 000	1 593 000	1 528 000

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	263 000	344 000	208 000	273 000
Total Tangible Assets	263 000	344 000	208 000	273 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	263 000	344 000	208 000	273 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 763 000	6 704 000	8 532 000	6 960 000
Total Current Assets	7 765 000	6 798 000	8 644 000	6 971 000
Total Assets	8 028 000	7 142 000	8 853 000	7 244 000
Total Equity	6 496 000	6 492 000	6 132 000	6 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	4 000	0	2 000
Creditors	53 000	5 000	6 000	6 000
Unpaid Taxes	164 000	105 000	106 000	111 000
Dividends	840 000	0	2 000 000	0
Other Current Debt	1 073 000	157 000	2 157 000	158 000
Total Current Debt	1 531 000	645 000	2 721 000	703 000
Total Equity and Debt	8 028 000	7 142 000	8 853 000	7 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,99 %	20,95 %	25,98 %	23,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,26 %	31,24 %	35,55 %	32,69 %
Current Ratio	5,07	10,54	3,18	9,92
Quick Ratio	5,07	10,54	3,18	9,92
Equity Ratio	0,81	0,91	0,69	0,9
Gross Profit Margin	62,87 %	64,54 %	66,54 %	63,57 %