ØKELSRUD HOLDING AS

2380 BRUMUNDDAL

Finances

Return on Equity

46,33 %

Current Ratio

3,27

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 339 000	13 514 000	11 154 000	9 565 000
Net Income	1 874 000	3 833 000	966 000	885 000
Total Assets	6 570 000	8 673 000	5 179 000	5 147 000
Total Equity	4 045 000	2 171 000	1 039 000	894 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 339 000	13 514 000	11 154 000	9 565 000
Expenditure	6 832 000	10 497 000	10 216 000	8 750 000
Operating Profit	507 000	3 017 000	938 000	815 000
Financial Income	1 990 000	1 978 000	665 000	259 000
Financial Costs	95 000	107 000	140 000	188 000
Financial Balance	1 895 000	1 871 000	525 000	71 000
Earnings Before Tax	2 402 000	4 887 000	1 463 000	885 000
Tax	528 000	1 054 000	497 000	0
Net Income	1 874 000	3 833 000	966 000	885 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	156 000	200 000	262 000
Total Current Assets	6 455 000	8 517 000	4 979 000	4 885 000
Total Assets	6 570 000	8 673 000	5 179 000	5 147 000
Total Retained Equity	3 025 000	1 151 000	19 000	−126 000
Total Equity	4 045 000	2 171 000	1 039 000	894 000
Total Long-Term Debt	550 000	850 000	1 150 000	1 450 000
Total Current Debt	1 975 000	5 652 000	2 991 000	2 803 000
Total Equity and Debt	6 570 000	8 673 000	5 179 000	5 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 339 000	13 514 000	11 154 000	9 565 000
Other Income	0	0	0	0
Revenue	7 339 000	13 514 000	11 154 000	9 565 000
Cost of Goods Sold	4 048 000	6 159 000	5 465 000	4 414 000
Salary Costs	1 401 000	2 182 000	1 836 000	2 184 000
Depreciation	49 000	68 000	62 000	72 000
Impairment	0	0	0	0
Expenditure	6 832 000	10 497 000	10 216 000	8 750 000
Operating Profit	507 000	3 017 000	938 000	815 000
Financial Income	1 990 000	1 978 000	665 000	259 000
Financial Costs	95 000	107 000	140 000	188 000
Financial Balance	1 895 000	1 871 000	525 000	71 000
Dividends	0	1 100 000	0	0
Net Income	1 874 000	3 833 000	966 000	885 000

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	0	86 000	100 000	162 000
Total Tangible Assets	0	86 000	100 000	162 000
Total Fiancial Fixed Assets	115 000	70 000	100 000	100 000
Total Fixed Assets	115 000	156 000	200 000	262 000
Stock	0	1 886 000	1 239 000	1 464 000
Total Investments	0	0	0	0
Cash, Bank	0	1 581 000	175 000	64 000
Total Current Assets	6 455 000	8 517 000	4 979 000	4 885 000
Total Assets	6 570 000	8 673 000	5 179 000	5 147 000
Total Equity	4 045 000	2 171 000	1 039 000	894 000
Short-Term Group Debt	230 000	498 000	1 053 000	0
Total Long-Term Debt	550 000	850 000	1 150 000	1 450 000
Creditors	4 000	2 000 000	732 000	1 169 000
Unpaid Taxes	0	664 000	667 000	693 000
Dividends	0	1 100 000	0	0
Other Current Debt	711 000	337 000	274 000	692 000
Total Current Debt	1 975 000	5 652 000	2 991 000	2 803 000
Total Equity and Debt	6 570 000	8 673 000	5 179 000	5 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,33 %	176,55 %	92,97 %	98,99 %
Debt-to-Equity Ratio	0,14	0,39	1,11	1,62
Operating Profit Margin	6,91 %	22,32 %	8,41 %	8,52 %
Current Ratio	3,27	1,51	1,66	1,74
Quick Ratio	3,27	2,26	2,84	3,65
Equity Ratio	0,62	0,25	0,2	0,17
Gross Profit Margin	44,84 %	54,43 %	51 %	53,85 %