OLUF A OLSEN AS

6100 VOLDA

Finances

Return on Equity

10,57 %

Current Ratio

4,22

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 488 000	12 772 000	11 259 000	13 094 000
Net Income	2 576 000	2 541 000	909 000	1 746 000
Total Assets	33 395 000	31 614 000	29 274 000	28 816 000
Total Equity	24 377 000	21 802 000	22 261 000	21 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 488 000	12 772 000	11 259 000	13 094 000
Expenditure	12 763 000	11 994 000	11 166 000	12 567 000
Operating Profit	725 000	777 000	93 000	527 000
Financial Income	2 272 000	2 057 000	1 740 000	1 464 000
Financial Costs	128 000	20 000	835 000	18 000
Financial Balance	2 144 000	2 037 000	905 000	1 446 000
Earnings Before Tax	2 869 000	2 815 000	999 000	1 974 000
Tax	293 000	274 000	89 000	227 000
Net Income	2 576 000	2 541 000	909 000	1 746 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 947 000	23 537 000	21 271 000	20 548 000
Total Current Assets	8 447 000	8 077 000	8 003 000	8 268 000
Total Assets	33 395 000	31 614 000	29 274 000	28 816 000
Total Retained Equity	23 777 000	21 202 000	21 661 000	21 351 000
Total Equity	24 377 000	21 802 000	22 261 000	21 951 000
Total Long-Term Debt	7 016 000	8 262 000	5 142 000	4 464 000
Total Current Debt	2 001 000	1 550 000	1 872 000	2 400 000
Total Equity and Debt	33 395 000	31 614 000	29 274 000	28 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 488 000	12 667 000	11 154 000	13 094 000
Other Income	0	104 000	105 000	0
Revenue	13 488 000	12 772 000	11 259 000	13 094 000
Cost of Goods Sold	6 543 000	6 105 000	5 546 000	6 439 000
Salary Costs	3 351 000	3 143 000	3 032 000	3 405 000
Depreciation	58 000	51 000	76 000	124 000
Impairment	0	0	0	0
Expenditure	12 763 000	11 994 000	11 166 000	12 567 000
Operating Profit	725 000	777 000	93 000	527 000
Financial Income	2 272 000	2 057 000	1 740 000	1 464 000
Financial Costs	128 000	20 000	835 000	18 000
Financial Balance	2 144 000	2 037 000	905 000	1 446 000
Dividends	0	0	600 000	600 000
Net Income	2 576 000	2 541 000	909 000	1 746 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	127 000	109 000	113 000	112 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	226 000	259 000	201 000	277 000
Total Tangible Assets	226 000	259 000	201 000	277 000
Total Fiancial Fixed Assets	24 595 000	23 169 000	20 957 000	20 159 000
Total Fixed Assets	24 947 000	23 537 000	21 271 000	20 548 000
Stock	4 625 000	3 842 000	3 773 000	3 805 000
Total Investments	0	0	0	0
Cash, Bank	3 761 000	4 183 000	4 208 000	4 419 000
Total Current Assets	8 447 000	8 077 000	8 003 000	8 268 000
Total Assets	33 395 000	31 614 000	29 274 000	28 816 000
Total Equity	24 377 000	21 802 000	22 261 000	21 951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 016 000	8 262 000	5 142 000	4 464 000
Creditors	650 000	248 000	243 000	502 000
Unpaid Taxes	569 000	540 000	494 000	527 000
Dividends	0	0	600 000	600 000
Other Current Debt	505 000	492 000	444 000	527 000
Total Current Debt	2 001 000	1 550 000	1 872 000	2 400 000
Total Equity and Debt	33 395 000	31 614 000	29 274 000	28 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,57 %	11,65 %	4,08 %	7,95 %
Debt-to-Equity Ratio	0,29	0,38	0,23	0,2
Operating Profit Margin	5,38 %	6,08 %	0,83 %	4,02 %
Current Ratio	4,22	5,21	4,28	3,45
Quick Ratio	−3,22	−3,52	−4,21	−5,88
Equity Ratio	0,73	0,69	0,76	0,76
Gross Profit Margin	51,49 %	52,2 %	50,74 %	50,82 %