OLSENBANDEN EIENDOM AS

6015 ÅLESUND

Finances

Share Ownership

Return on Equity

33,66 %

Current Ratio

0,16

Debt-to-Equity Ratio

−32,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	576 000	517 000	334 000	72 000
Net Income	−68 000	9 000	−85 000	−39 000
Total Assets	6 587 000	6 085 000	6 130 000	3 279 000
Total Equity	−202 000	−133 000	−132 000	−47 000

Income (NOK)	2022	2021	2020	2019
Revenue	576 000	517 000	334 000	72 000
Expenditure	307 000	215 000	214 000	72 000
Operating Profit	269 000	302 000	119 000	−1 000
Financial Income	0	0	0	0
Financial Costs	337 000	293 000	204 000	49 000
Financial Balance	−337 000	−293 000	−204 000	−49 000
Earnings Before Tax	−68 000	9 000	−85 000	−49 000
Tax	0	0	0	−11 000
Net Income	−68 000	9 000	−85 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 539 000	6 084 000	6 095 000	3 155 000
Total Current Assets	48 000	1 000	35 000	124 000
Total Assets	6 587 000	6 085 000	6 130 000	3 279 000
Total Retained Equity	−232 000	−163 000	−162 000	−77 000
Total Equity	−202 000	−133 000	−132 000	−47 000
Total Long-Term Debt	6 496 000	6 215 000	6 256 000	3 326 000
Total Current Debt	293 000	4 000	6 000	0
Total Equity and Debt	6 587 000	6 085 000	6 130 000	3 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	72 000
Other Income	576 000	517 000	334 000	0
Revenue	576 000	517 000	334 000	72 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	307 000	215 000	214 000	72 000
Operating Profit	269 000	302 000	119 000	−1 000
Financial Income	0	0	0	0
Financial Costs	337 000	293 000	204 000	49 000
Financial Balance	−337 000	−293 000	−204 000	−49 000
Dividends	0	0	0	0
Net Income	−68 000	9 000	−85 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	11 000
Real Eastate	6 244 000	6 048 000	6 048 000	2 819 000
Machinery and Plant Facilities	36 000	0	0	0
Fixtures	0	36 000	36 000	0
Total Tangible Assets	6 280 000	6 084 000	6 084 000	2 819 000
Total Fiancial Fixed Assets	259 000	0	0	325 000
Total Fixed Assets	6 539 000	6 084 000	6 095 000	3 155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	31 000	124 000
Total Current Assets	48 000	1 000	35 000	124 000
Total Assets	6 587 000	6 085 000	6 130 000	3 279 000
Total Equity	−202 000	−133 000	−132 000	−47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 496 000	6 215 000	6 256 000	3 326 000
Creditors	0	1 000	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	0
Total Current Debt	293 000	4 000	6 000	0
Total Equity and Debt	6 587 000	6 085 000	6 130 000	3 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,66 %	−6,77 %	64,39 %	82,98 %
Debt-to-Equity Ratio	−32,16	−46,73	−47,39	−70,77
Operating Profit Margin	46,7 %	58,41 %	35,63 %	−1,39 %
Current Ratio	0,16	0,25	5,83	-
Quick Ratio	0,16	0,25	5,83	-
Equity Ratio	−0,03	−0,02	−0,02	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %