OLYMPIC ARTEMIS AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−1 695,33 %

Current Ratio

1,14

Debt-to-Equity Ratio

−88,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 773 000	18 744 000	28 813 000	25 011 000
Net Income	56 641 000	−11 338 000	−57 457 000	−31 339 000
Total Assets	311 146 000	256 896 000	261 458 000	310 349 000
Total Equity	−3 341 000	−59 982 000	−48 644 000	8 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 773 000	18 744 000	28 813 000	25 011 000
Expenditure	−39 692 000	17 858 000	76 233 000	44 271 000
Operating Profit	70 465 000	886 000	−47 420 000	−19 260 000
Financial Income	1 086 000	2 297 000	6 537 000	2 453 000
Financial Costs	14 910 000	14 521 000	16 574 000	14 533 000
Financial Balance	−13 824 000	−12 224 000	−10 037 000	−12 080 000
Earnings Before Tax	56 641 000	−11 338 000	−57 457 000	−31 339 000
Tax	0	0	0	0
Net Income	56 641 000	−11 338 000	−57 457 000	−31 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 084 000	245 052 000	256 020 000	296 910 000
Total Current Assets	23 062 000	11 844 000	5 438 000	13 439 000
Total Assets	311 146 000	256 896 000	261 458 000	310 349 000
Total Retained Equity	−4 341 000	−60 982 000	−49 644 000	7 813 000
Total Equity	−3 341 000	−59 982 000	−48 644 000	8 813 000
Total Long-Term Debt	294 188 000	307 216 000	299 642 000	299 474 000
Total Current Debt	20 299 000	9 662 000	10 460 000	2 062 000
Total Equity and Debt	311 146 000	256 896 000	261 458 000	310 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 773 000	18 744 000	28 813 000	25 011 000
Other Income	0	0	0	0
Revenue	30 773 000	18 744 000	28 813 000	25 011 000
Cost of Goods Sold	0	0	0	0
Salary Costs	421 000	2 418 000	15 794 000	11 935 000
Depreciation	10 968 000	10 968 000	10 545 000	9 204 000
Impairment	−54 000 000	0	39 000 000	15 000 000
Expenditure	−39 692 000	17 858 000	76 233 000	44 271 000
Operating Profit	70 465 000	886 000	−47 420 000	−19 260 000
Financial Income	1 086 000	2 297 000	6 537 000	2 453 000
Financial Costs	14 910 000	14 521 000	16 574 000	14 533 000
Financial Balance	−13 824 000	−12 224 000	−10 037 000	−12 080 000
Dividends	0	0	0	0
Net Income	56 641 000	−11 338 000	−57 457 000	−31 339 000

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	288 084 000	245 052 000	256 020 000	296 910 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	288 084 000	245 052 000	256 020 000	296 910 000
Stock	209 000	199 000	1 760 000	1 765 000
Total Investments	0	0	0	0
Cash, Bank	3 695 000	67 000	7 000	5 686 000
Total Current Assets	23 062 000	11 844 000	5 438 000	13 439 000
Total Assets	311 146 000	256 896 000	261 458 000	310 349 000
Total Equity	−3 341 000	−59 982 000	−48 644 000	8 813 000
Short-Term Group Debt	9 945 000	1 395 000	1 404 000	0
Total Long-Term Debt	294 188 000	307 216 000	299 642 000	299 474 000
Creditors	6 407 000	7 170 000	1 910 000	1 932 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 944 000	1 093 000	7 142 000	129 000
Total Current Debt	20 299 000	9 662 000	10 460 000	2 062 000
Total Equity and Debt	311 146 000	256 896 000	261 458 000	310 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 695,33 %	18,9 %	118,12 %	−355,6 %
Debt-to-Equity Ratio	−88,05	−5,12	−6,16	33,98
Operating Profit Margin	228,98 %	4,73 %	−164,58 %	−77,01 %
Current Ratio	1,14	1,23	0,52	6,52
Quick Ratio	1,15	1,25	0,63	45,25
Equity Ratio	−0,01	−0,23	−0,19	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %