ØLMANNEN AS

7540 KLÆBU

Finances

Return on Equity

88,15 %

Current Ratio

1,04

Debt-to-Equity Ratio

−1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	209 000	653 000	1 364 000
Net Income	−186 000	−151 000	−60 000	11 000
Total Assets	121 000	154 000	225 000	316 000
Total Equity	−211 000	−25 000	125 000	185 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	209 000	653 000	1 364 000
Expenditure	185 000	356 000	715 000	1 345 000
Operating Profit	−185 000	−147 000	−62 000	20 000
Financial Income	0	0	4 000	3 000
Financial Costs	2 000	2 000	3 000	8 000
Financial Balance	−2 000	−2 000	1 000	−5 000
Earnings Before Tax	−187 000	−149 000	−60 000	14 000
Tax	−1 000	2 000	−1 000	3 000
Net Income	−186 000	−151 000	−60 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	71 000	79 000	90 000
Total Current Assets	58 000	82 000	146 000	226 000
Total Assets	121 000	154 000	225 000	316 000
Total Retained Equity	−337 000	−151 000	0	0
Total Equity	−211 000	−25 000	125 000	185 000
Total Long-Term Debt	277 000	156 000	50 000	63 000
Total Current Debt	56 000	23 000	50 000	68 000
Total Equity and Debt	121 000	154 000	225 000	316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	209 000	649 000	1 334 000
Other Income	0	0	5 000	31 000
Revenue	0	209 000	653 000	1 364 000
Cost of Goods Sold	18 000	209 000	559 000	1 071 000
Salary Costs	0	0	0	1 000
Depreciation	4 000	4 000	4 000	0
Impairment	0	0	0	0
Expenditure	185 000	356 000	715 000	1 345 000
Operating Profit	−185 000	−147 000	−62 000	20 000
Financial Income	0	0	4 000	3 000
Financial Costs	2 000	2 000	3 000	8 000
Financial Balance	−2 000	−2 000	1 000	−5 000
Dividends	0	0	0	0
Net Income	−186 000	−151 000	−60 000	11 000

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	8 000	12 000	16 000	24 000
Total Tangible Assets	8 000	12 000	16 000	24 000
Total Fiancial Fixed Assets	56 000	60 000	64 000	65 000
Total Fixed Assets	64 000	71 000	79 000	90 000
Stock	0	0	49 000	86 000
Total Investments	0	0	0	0
Cash, Bank	58 000	51 000	77 000	103 000
Total Current Assets	58 000	82 000	146 000	226 000
Total Assets	121 000	154 000	225 000	316 000
Total Equity	−211 000	−25 000	125 000	185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	277 000	156 000	50 000	63 000
Creditors	34 000	22 000	41 000	21 000
Unpaid Taxes	0	0	0	11 000
Dividends	0	0	0	0
Other Current Debt	22 000	0	9 000	35 000
Total Current Debt	56 000	23 000	50 000	68 000
Total Equity and Debt	121 000	154 000	225 000	316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,15 %	604 %	−48 %	5,95 %
Debt-to-Equity Ratio	−1,31	−6,24	0,4	0,34
Operating Profit Margin	-	−70,33 %	−9,49 %	1,47 %
Current Ratio	1,04	3,57	2,92	3,32
Quick Ratio	1,04	3,57	146	−12,56
Equity Ratio	−1,74	−0,16	0,56	0,59
Gross Profit Margin	-	0 %	14,4 %	21,48 %