PETTER A OLSEN MASKINUTLEIE AS

1684 VESTERØY

Finances

Return on Equity

22,24 %

Current Ratio

2,76

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 870 000	6 609 000	6 794 000	8 675 000
Net Income	2 047 000	2 266 000	1 982 000	3 098 000
Total Assets	17 884 000	14 808 000	18 949 000	23 791 000
Total Equity	9 203 000	7 469 000	5 204 000	7 222 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 870 000	6 609 000	6 794 000	8 675 000
Expenditure	4 141 000	3 611 000	4 063 000	4 421 000
Operating Profit	2 729 000	2 997 000	2 730 000	4 254 000
Financial Income	30 000	34 000	39 000	38 000
Financial Costs	135 000	126 000	228 000	320 000
Financial Balance	−105 000	−92 000	−189 000	−282 000
Earnings Before Tax	2 624 000	2 905 000	2 541 000	3 972 000
Tax	577 000	639 000	559 000	874 000
Net Income	2 047 000	2 266 000	1 982 000	3 098 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 838 000	8 564 000	11 155 000	14 219 000
Total Current Assets	7 046 000	6 243 000	7 794 000	9 572 000
Total Assets	17 884 000	14 808 000	18 949 000	23 791 000
Total Retained Equity	9 090 000	7 356 000	5 090 000	7 108 000
Total Equity	9 203 000	7 469 000	5 204 000	7 222 000
Total Long-Term Debt	6 132 000	3 735 000	6 291 000	9 068 000
Total Current Debt	2 549 000	3 604 000	7 454 000	7 502 000
Total Equity and Debt	17 884 000	14 808 000	18 949 000	23 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 120 000	6 609 000	6 794 000	6 640 000
Other Income	750 000	0	0	2 035 000
Revenue	6 870 000	6 609 000	6 794 000	8 675 000
Cost of Goods Sold	0	1 000	7 000	4 000
Salary Costs	0	0	0	0
Depreciation	2 715 000	3 284 000	3 726 000	4 129 000
Impairment	0	0	0	0
Expenditure	4 141 000	3 611 000	4 063 000	4 421 000
Operating Profit	2 729 000	2 997 000	2 730 000	4 254 000
Financial Income	30 000	34 000	39 000	38 000
Financial Costs	135 000	126 000	228 000	320 000
Financial Balance	−105 000	−92 000	−189 000	−282 000
Dividends	0	0	4 000 000	6 000 000
Net Income	2 047 000	2 266 000	1 982 000	3 098 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	498 000	579 000	260 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 993 000	4 615 000	7 473 000	10 645 000
Fixtures	76 000	99 000	150 000	303 000
Total Tangible Assets	7 069 000	4 714 000	7 624 000	10 948 000
Total Fiancial Fixed Assets	3 271 000	3 271 000	3 271 000	3 271 000
Total Fixed Assets	10 838 000	8 564 000	11 155 000	14 219 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 145 000	4 855 000	6 878 000	5 807 000
Total Current Assets	7 046 000	6 243 000	7 794 000	9 572 000
Total Assets	17 884 000	14 808 000	18 949 000	23 791 000
Total Equity	9 203 000	7 469 000	5 204 000	7 222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 132 000	3 735 000	6 291 000	9 068 000
Creditors	1 286 000	2 000	7 000	106 000
Unpaid Taxes	0	267 000	275 000	244 000
Dividends	0	0	4 000 000	6 000 000
Other Current Debt	855 000	2 377 000	6 277 000	6 477 000
Total Current Debt	2 549 000	3 604 000	7 454 000	7 502 000
Total Equity and Debt	17 884 000	14 808 000	18 949 000	23 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,24 %	30,34 %	38,09 %	42,9 %
Debt-to-Equity Ratio	0,67	0,5	1,21	1,26
Operating Profit Margin	39,72 %	45,35 %	40,18 %	49,04 %
Current Ratio	2,76	1,73	1,05	1,28
Quick Ratio	2,76	1,73	1,05	1,28
Equity Ratio	0,51	0,5	0,27	0,3
Gross Profit Margin	100 %	99,98 %	99,9 %	99,95 %