OLEARYS HEMSEDAL AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

222,17 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 035 000	2 911 000	6 136 000	10 622 000
Net Income	882 000	379 000	268 000	415 000
Total Assets	5 170 000	4 055 000	4 515 000	3 895 000
Total Equity	397 000	3 645 000	3 266 000	2 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 035 000	2 911 000	6 136 000	10 622 000
Expenditure	6 900 000	2 458 000	5 707 000	10 052 000
Operating Profit	1 134 000	454 000	431 000	571 000
Financial Income	16 000	13 000	9 000	5 000
Financial Costs	1 000	2 000	83 000	96 000
Financial Balance	15 000	11 000	−74 000	−91 000
Earnings Before Tax	1 149 000	465 000	356 000	480 000
Tax	268 000	85 000	88 000	66 000
Net Income	882 000	379 000	268 000	415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	100 000	159 000	202 000
Total Current Assets	5 117 000	3 955 000	4 357 000	3 694 000
Total Assets	5 170 000	4 055 000	4 515 000	3 895 000
Total Retained Equity	197 000	3 445 000	3 066 000	2 798 000
Total Equity	397 000	3 645 000	3 266 000	2 998 000
Total Long-Term Debt	0	19 000	0	0
Total Current Debt	4 772 000	391 000	1 249 000	898 000
Total Equity and Debt	5 170 000	4 055 000	4 515 000	3 895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 257 000	2 119 000	5 403 000	10 031 000
Other Income	777 000	792 000	734 000	592 000
Revenue	8 035 000	2 911 000	6 136 000	10 622 000
Cost of Goods Sold	2 002 000	636 000	1 592 000	2 935 000
Salary Costs	2 552 000	705 000	2 155 000	4 482 000
Depreciation	79 000	75 000	79 000	78 000
Impairment	9 000	0	0	0
Expenditure	6 900 000	2 458 000	5 707 000	10 052 000
Operating Profit	1 134 000	454 000	431 000	571 000
Financial Income	16 000	13 000	9 000	5 000
Financial Costs	1 000	2 000	83 000	96 000
Financial Balance	15 000	11 000	−74 000	−91 000
Dividends	4 130 000	0	0	0
Net Income	882 000	379 000	268 000	415 000

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	44 000	16 000
Fixtures	53 000	100 000	114 000	186 000
Total Tangible Assets	53 000	100 000	159 000	202 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 000	100 000	159 000	202 000
Stock	66 000	27 000	132 000	85 000
Total Investments	0	0	0	0
Cash, Bank	4 282 000	2 991 000	3 357 000	2 461 000
Total Current Assets	5 117 000	3 955 000	4 357 000	3 694 000
Total Assets	5 170 000	4 055 000	4 515 000	3 895 000
Total Equity	397 000	3 645 000	3 266 000	2 998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	19 000	0	0
Creditors	157 000	142 000	162 000	512 000
Unpaid Taxes	0	16 000	0	3 000
Dividends	4 130 000	0	0	0
Other Current Debt	199 000	167 000	1 000 000	317 000
Total Current Debt	4 772 000	391 000	1 249 000	898 000
Total Equity and Debt	5 170 000	4 055 000	4 515 000	3 895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	222,17 %	10,4 %	8,21 %	13,84 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	14,11 %	15,6 %	7,02 %	5,38 %
Current Ratio	1,07	10,12	3,49	4,11
Quick Ratio	1,09	10,87	3,9	4,54
Equity Ratio	0,08	0,9	0,72	0,77
Gross Profit Margin	75,08 %	78,15 %	74,05 %	72,37 %