ØLBU AS

4014 STAVANGER

Finances

Return on Equity

−43,48 %

Current Ratio

3,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 417 000	4 613 000	3 952 000	6 147 000
Net Income	−390 000	1 000	48 000	756 000
Total Assets	1 116 000	1 613 000	1 673 000	2 292 000
Total Equity	897 000	1 287 000	1 286 000	1 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 417 000	4 613 000	3 952 000	6 147 000
Expenditure	5 757 000	4 611 000	3 886 000	5 209 000
Operating Profit	−340 000	2 000	66 000	938 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	0	3 000	28 000
Financial Balance	−11 000	0	−3 000	−27 000
Earnings Before Tax	−350 000	2 000	63 000	910 000
Tax	40 000	1 000	15 000	154 000
Net Income	−390 000	1 000	48 000	756 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	438 000	167 000	265 000
Total Current Assets	816 000	1 175 000	1 506 000	2 027 000
Total Assets	1 116 000	1 613 000	1 673 000	2 292 000
Total Retained Equity	257 000	647 000	646 000	598 000
Total Equity	897 000	1 287 000	1 286 000	1 238 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	219 000	326 000	387 000	1 054 000
Total Equity and Debt	1 116 000	1 613 000	1 673 000	2 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 090 000	4 421 000	3 761 000	5 970 000
Other Income	327 000	193 000	190 000	177 000
Revenue	5 417 000	4 613 000	3 952 000	6 147 000
Cost of Goods Sold	2 020 000	1 737 000	1 367 000	2 367 000
Salary Costs	2 370 000	1 699 000	1 501 000	1 787 000
Depreciation	99 000	49 000	94 000	114 000
Impairment	0	0	0	0
Expenditure	5 757 000	4 611 000	3 886 000	5 209 000
Operating Profit	−340 000	2 000	66 000	938 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	0	3 000	28 000
Financial Balance	−11 000	0	−3 000	−27 000
Dividends	0	0	0	0
Net Income	−390 000	1 000	48 000	756 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	40 000	41 000	45 000
Real Eastate	0	0	17 000	58 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	260 000	359 000	69 000	122 000
Total Tangible Assets	260 000	359 000	86 000	180 000
Total Fiancial Fixed Assets	40 000	40 000	40 000	40 000
Total Fixed Assets	300 000	438 000	167 000	265 000
Stock	0	0	0	343 000
Total Investments	0	0	0	0
Cash, Bank	816 000	1 122 000	1 157 000	1 624 000
Total Current Assets	816 000	1 175 000	1 506 000	2 027 000
Total Assets	1 116 000	1 613 000	1 673 000	2 292 000
Total Equity	897 000	1 287 000	1 286 000	1 238 000
Short-Term Group Debt	56 000	56 000	17 000	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	37 000	42 000	215 000
Unpaid Taxes	14 000	0	60 000	170 000
Dividends	0	0	0	0
Other Current Debt	107 000	234 000	257 000	469 000
Total Current Debt	219 000	326 000	387 000	1 054 000
Total Equity and Debt	1 116 000	1 613 000	1 673 000	2 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,48 %	0,08 %	3,73 %	61,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,28 %	0,04 %	1,67 %	15,26 %
Current Ratio	3,73	3,6	3,89	1,92
Quick Ratio	3,73	3,6	3,89	2,85
Equity Ratio	0,8	0,8	0,77	0,54
Gross Profit Margin	62,71 %	62,35 %	65,41 %	61,49 %