OLSENS FESKEMAT AS

9980 BERLEVÅG

Finances

Share Ownership

Return on Equity

10,4 %

Current Ratio

1,62

Debt-to-Equity Ratio

−3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 459 000	1 480 000	1 235 000	1 209 000
Net Income	−13 000	14 000	41 000	−23 000
Total Assets	351 000	435 000	209 000	170 000
Total Equity	−125 000	−111 000	−125 000	−166 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 459 000	1 480 000	1 235 000	1 209 000
Expenditure	1 457 000	1 454 000	1 191 000	1 228 000
Operating Profit	2 000	25 000	44 000	−20 000
Financial Income	0	0	0	0
Financial Costs	15 000	12 000	2 000	4 000
Financial Balance	−15 000	−12 000	−2 000	−4 000
Earnings Before Tax	−13 000	14 000	41 000	−23 000
Tax	0	0	0	0
Net Income	−13 000	14 000	41 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 000	266 000	48 000	97 000
Total Current Assets	107 000	169 000	161 000	73 000
Total Assets	351 000	435 000	209 000	170 000
Total Retained Equity	−155 000	−142 000	−156 000	−197 000
Total Equity	−125 000	−111 000	−125 000	−166 000
Total Long-Term Debt	410 000	442 000	190 000	212 000
Total Current Debt	66 000	104 000	144 000	124 000
Total Equity and Debt	351 000	435 000	209 000	170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 454 000	1 450 000	1 234 000	1 209 000
Other Income	5 000	30 000	0	0
Revenue	1 459 000	1 480 000	1 235 000	1 209 000
Cost of Goods Sold	644 000	607 000	476 000	609 000
Salary Costs	441 000	458 000	357 000	236 000
Depreciation	53 000	42 000	48 000	47 000
Impairment	0	0	0	0
Expenditure	1 457 000	1 454 000	1 191 000	1 228 000
Operating Profit	2 000	25 000	44 000	−20 000
Financial Income	0	0	0	0
Financial Costs	15 000	12 000	2 000	4 000
Financial Balance	−15 000	−12 000	−2 000	−4 000
Dividends	0	0	0	0
Net Income	−13 000	14 000	41 000	−23 000

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	244 000	266 000	48 000	97 000
Total Tangible Assets	244 000	266 000	48 000	97 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	244 000	266 000	48 000	97 000
Stock	15 000	11 000	13 000	6 000
Total Investments	0	0	0	0
Cash, Bank	37 000	56 000	127 000	45 000
Total Current Assets	107 000	169 000	161 000	73 000
Total Assets	351 000	435 000	209 000	170 000
Total Equity	−125 000	−111 000	−125 000	−166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	410 000	442 000	190 000	212 000
Creditors	2 000	17 000	69 000	77 000
Unpaid Taxes	20 000	36 000	34 000	21 000
Dividends	0	0	0	0
Other Current Debt	44 000	52 000	40 000	25 000
Total Current Debt	66 000	104 000	144 000	124 000
Total Equity and Debt	351 000	435 000	209 000	170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,4 %	−12,61 %	−32,8 %	13,86 %
Debt-to-Equity Ratio	−3,28	−3,98	−1,52	−1,28
Operating Profit Margin	0,14 %	1,69 %	3,56 %	−1,65 %
Current Ratio	1,62	1,63	1,12	0,59
Quick Ratio	2,1	1,82	1,23	0,62
Equity Ratio	−0,36	−0,26	−0,6	−0,98
Gross Profit Margin	55,86 %	58,99 %	61,46 %	49,63 %