OLTO VARMEPUMPESERVICE AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

104,48 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 989 000	4 118 000	3 237 000	3 026 000
Net Income	513 000	369 000	212 000	151 000
Total Assets	1 741 000	1 401 000	1 117 000	513 000
Total Equity	491 000	339 000	270 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 989 000	4 118 000	3 237 000	3 026 000
Expenditure	4 332 000	3 645 000	2 965 000	2 813 000
Operating Profit	657 000	473 000	272 000	213 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	657 000	473 000	272 000	214 000
Tax	145 000	104 000	60 000	63 000
Net Income	513 000	369 000	212 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	8 000	2 000	0
Total Current Assets	1 733 000	1 394 000	1 115 000	513 000
Total Assets	1 741 000	1 401 000	1 117 000	513 000
Total Retained Equity	391 000	239 000	170 000	108 000
Total Equity	491 000	339 000	270 000	208 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 249 000	1 063 000	847 000	305 000
Total Equity and Debt	1 741 000	1 401 000	1 117 000	513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 989 000	4 118 000	3 237 000	3 025 000
Other Income	0	0	0	2 000
Revenue	4 989 000	4 118 000	3 237 000	3 026 000
Cost of Goods Sold	4 181 000	3 483 000	2 790 000	2 655 000
Salary Costs	0	0	0	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 332 000	3 645 000	2 965 000	2 813 000
Operating Profit	657 000	473 000	272 000	213 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	360 000	300 000	150 000	75 000
Net Income	513 000	369 000	212 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	8 000	2 000	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	8 000	8 000	2 000	0
Stock	625 000	164 000	70 000	119 000
Total Investments	0	0	0	0
Cash, Bank	668 000	636 000	441 000	238 000
Total Current Assets	1 733 000	1 394 000	1 115 000	513 000
Total Assets	1 741 000	1 401 000	1 117 000	513 000
Total Equity	491 000	339 000	270 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	735 000	556 000	491 000	165 000
Unpaid Taxes	10 000	97 000	60 000	12 000
Dividends	360 000	300 000	150 000	75 000
Other Current Debt	0	0	84 000	0
Total Current Debt	1 249 000	1 063 000	847 000	305 000
Total Equity and Debt	1 741 000	1 401 000	1 117 000	513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,48 %	108,85 %	78,52 %	72,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,17 %	11,49 %	8,4 %	7,04 %
Current Ratio	1,39	1,31	1,32	1,68
Quick Ratio	2,78	1,55	1,44	2,76
Equity Ratio	0,28	0,24	0,24	0,41
Gross Profit Margin	16,2 %	15,42 %	13,81 %	12,26 %