OLSEN MASKINENTREPRENØR AS

5218 NORDSTRØNO

Finances

Share Ownership

Return on Equity

54,81 %

Current Ratio

0,72

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 427 000	2 633 000	539 000	462 000
Net Income	−74 000	−49 000	−308 000	9 000
Total Assets	935 000	772 000	291 000	691 000
Total Equity	−135 000	−62 000	−12 000	296 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 427 000	2 633 000	539 000	462 000
Expenditure	4 508 000	2 681 000	812 000	448 000
Operating Profit	−81 000	−48 000	−274 000	14 000
Financial Income	0	0	0	0
Financial Costs	14 000	15 000	15 000	3 000
Financial Balance	−14 000	−15 000	−15 000	−3 000
Earnings Before Tax	−95 000	−63 000	−288 000	12 000
Tax	−21 000	−14 000	19 000	3 000
Net Income	−74 000	−49 000	−308 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	177 000	233 000	602 000
Total Current Assets	773 000	595 000	58 000	89 000
Total Assets	935 000	772 000	291 000	691 000
Total Retained Equity	−165 000	−92 000	−42 000	266 000
Total Equity	−135 000	−62 000	−12 000	296 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 070 000	834 000	303 000	395 000
Total Equity and Debt	935 000	772 000	291 000	691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 427 000	2 633 000	377 000	402 000
Other Income	0	0	162 000	59 000
Revenue	4 427 000	2 633 000	539 000	462 000
Cost of Goods Sold	1 484 000	1 023 000	3 000	2 000
Salary Costs	1 987 000	996 000	−73 000	1 000
Depreciation	37 000	89 000	73 000	59 000
Impairment	0	0	0	0
Expenditure	4 508 000	2 681 000	812 000	448 000
Operating Profit	−81 000	−48 000	−274 000	14 000
Financial Income	0	0	0	0
Financial Costs	14 000	15 000	15 000	3 000
Financial Balance	−14 000	−15 000	−15 000	−3 000
Dividends	0	0	0	0
Net Income	−74 000	−49 000	−308 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	39 000	25 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	101 000	138 000	175 000	0
Fixtures	0	0	33 000	97 000
Total Tangible Assets	101 000	138 000	208 000	97 000
Total Fiancial Fixed Assets	0	0	0	496 000
Total Fixed Assets	161 000	177 000	233 000	602 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	456 000	5 000	28 000
Total Current Assets	773 000	595 000	58 000	89 000
Total Assets	935 000	772 000	291 000	691 000
Total Equity	−135 000	−62 000	−12 000	296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	408 000	89 000	7 000	53 000
Unpaid Taxes	189 000	271 000	0	0
Dividends	0	0	0	0
Other Current Debt	473 000	473 000	262 000	335 000
Total Current Debt	1 070 000	834 000	303 000	395 000
Total Equity and Debt	935 000	772 000	291 000	691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,81 %	79,03 %	2 566,67 %	3,04 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−1,83 %	−1,82 %	−50,83 %	3,03 %
Current Ratio	0,72	0,71	0,19	0,23
Quick Ratio	0,72	0,71	0,19	0,23
Equity Ratio	−0,14	−0,08	−0,04	0,43
Gross Profit Margin	66,48 %	61,15 %	99,44 %	99,57 %