OLAJENS DENIM AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

2,16 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 391 000	2 093 000	1 102 000	1 896 000
Net Income	−22 000	25 000	−674 000	223 000
Total Assets	636 000	1 366 000	1 071 000	1 120 000
Total Equity	−1 019 000	−996 000	−1 022 000	−348 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 391 000	2 093 000	1 102 000	1 896 000
Expenditure	3 375 000	2 043 000	1 694 000	1 639 000
Operating Profit	16 000	50 000	−591 000	256 000
Financial Income	16 000	3 000	2 000	2 000
Financial Costs	55 000	29 000	85 000	35 000
Financial Balance	−39 000	−26 000	−83 000	−33 000
Earnings Before Tax	−22 000	25 000	−674 000	223 000
Tax	0	0	0	0
Net Income	−22 000	25 000	−674 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	636 000	1 366 000	1 071 000	1 120 000
Total Assets	636 000	1 366 000	1 071 000	1 120 000
Total Retained Equity	−1 049 000	−1 026 000	−1 052 000	−378 000
Total Equity	−1 019 000	−996 000	−1 022 000	−348 000
Total Long-Term Debt	717 000	2 092 000	1 800 000	104 000
Total Current Debt	937 000	270 000	293 000	1 363 000
Total Equity and Debt	636 000	1 366 000	1 071 000	1 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 391 000	2 093 000	1 102 000	1 896 000
Other Income	0	0	0	0
Revenue	3 391 000	2 093 000	1 102 000	1 896 000
Cost of Goods Sold	2 212 000	1 261 000	1 217 000	1 033 000
Salary Costs	2 000	5 000	2 000	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 375 000	2 043 000	1 694 000	1 639 000
Operating Profit	16 000	50 000	−591 000	256 000
Financial Income	16 000	3 000	2 000	2 000
Financial Costs	55 000	29 000	85 000	35 000
Financial Balance	−39 000	−26 000	−83 000	−33 000
Dividends	0	0	0	0
Net Income	−22 000	25 000	−674 000	223 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	590 000	1 094 000	624 000	790 000
Total Investments	0	0	0	0
Cash, Bank	24 000	266 000	438 000	167 000
Total Current Assets	636 000	1 366 000	1 071 000	1 120 000
Total Assets	636 000	1 366 000	1 071 000	1 120 000
Total Equity	−1 019 000	−996 000	−1 022 000	−348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	717 000	2 092 000	1 800 000	104 000
Creditors	44 000	38 000	41 000	21 000
Unpaid Taxes	73 000	157 000	149 000	333 000
Dividends	0	0	0	0
Other Current Debt	47 000	75 000	103 000	1 010 000
Total Current Debt	937 000	270 000	293 000	1 363 000
Total Equity and Debt	636 000	1 366 000	1 071 000	1 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,16 %	−2,51 %	65,95 %	−64,08 %
Debt-to-Equity Ratio	−0,7	−2,1	−1,76	−0,3
Operating Profit Margin	0,47 %	2,39 %	−53,63 %	13,5 %
Current Ratio	0,68	5,06	3,66	0,82
Quick Ratio	1,83	−1,66	−3,24	1,95
Equity Ratio	−1,6	−0,73	−0,95	−0,31
Gross Profit Margin	34,77 %	39,75 %	−10,44 %	45,52 %