THOMAS OLSEN INVEST AS

8219 FAUSKE

Finances

Share Ownership

Return on Equity

−16,95 %

Current Ratio

0,92

Debt-to-Equity Ratio

3,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 701 000	4 076 000	763 000	148 000
Net Income	−40 000	−4 000	201 000	22 000
Total Assets	1 667 000	1 376 000	1 446 000	1 251 000
Total Equity	236 000	275 000	280 000	78 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 701 000	4 076 000	763 000	148 000
Expenditure	5 668 000	4 039 000	457 000	54 000
Operating Profit	32 000	38 000	306 000	93 000
Financial Income	0	4 000	0	0
Financial Costs	74 000	47 000	48 000	70 000
Financial Balance	−74 000	−43 000	−48 000	−70 000
Earnings Before Tax	−41 000	−5 000	258 000	24 000
Tax	−1 000	−1 000	57 000	2 000
Net Income	−40 000	−4 000	201 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 214 000	1 220 000	1 235 000	1 250 000
Total Current Assets	452 000	156 000	211 000	1 000
Total Assets	1 667 000	1 376 000	1 446 000	1 251 000
Total Retained Equity	215 000	255 000	259 000	58 000
Total Equity	236 000	275 000	280 000	78 000
Total Long-Term Debt	939 000	993 000	1 073 000	1 159 000
Total Current Debt	492 000	108 000	94 000	14 000
Total Equity and Debt	1 667 000	1 376 000	1 446 000	1 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 522 000	3 904 000	592 000	0
Other Income	179 000	172 000	170 000	148 000
Revenue	5 701 000	4 076 000	763 000	148 000
Cost of Goods Sold	4 805 000	3 162 000	104 000	0
Salary Costs	413 000	496 000	116 000	0
Depreciation	1 000	15 000	15 000	9 000
Impairment	0	0	0	0
Expenditure	5 668 000	4 039 000	457 000	54 000
Operating Profit	32 000	38 000	306 000	93 000
Financial Income	0	4 000	0	0
Financial Costs	74 000	47 000	48 000	70 000
Financial Balance	−74 000	−43 000	−48 000	−70 000
Dividends	0	0	0	0
Net Income	−40 000	−4 000	201 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 180 000	1 180 000	1 180 000	1 180 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	40 000	55 000	70 000
Total Tangible Assets	1 214 000	1 220 000	1 235 000	1 250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 214 000	1 220 000	1 235 000	1 250 000
Stock	0	0	85 000	0
Total Investments	0	0	0	0
Cash, Bank	0	124 000	80 000	1 000
Total Current Assets	452 000	156 000	211 000	1 000
Total Assets	1 667 000	1 376 000	1 446 000	1 251 000
Total Equity	236 000	275 000	280 000	78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	939 000	993 000	1 073 000	1 159 000
Creditors	12 000	21 000	13 000	0
Unpaid Taxes	35 000	37 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	446 000	49 000	22 000	11 000
Total Current Debt	492 000	108 000	94 000	14 000
Total Equity and Debt	1 667 000	1 376 000	1 446 000	1 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,95 %	−1,45 %	71,79 %	28,21 %
Debt-to-Equity Ratio	3,98	3,61	3,83	14,86
Operating Profit Margin	0,56 %	0,93 %	40,1 %	62,84 %
Current Ratio	0,92	1,44	2,24	0,07
Quick Ratio	0,92	1,44	23,44	0,07
Equity Ratio	0,14	0,2	0,19	0,06
Gross Profit Margin	15,72 %	22,42 %	86,37 %	100 %