OLAFSEN INVEST AS

1664 ROLVSØY

Finances

Share Ownership

Return on Equity

50,96 %

Current Ratio

0,96

Debt-to-Equity Ratio

12,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 856 000	455 000	221 000	3 182 000
Net Income	1 038 000	16 000	71 000	147 000
Total Assets	28 516 000	15 047 000	3 914 000	3 638 000
Total Equity	2 037 000	999 000	983 000	912 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 856 000	455 000	221 000	3 182 000
Expenditure	680 000	155 000	33 000	2 876 000
Operating Profit	2 176 000	301 000	188 000	306 000
Financial Income	1 000	0	1 000	0
Financial Costs	821 000	280 000	99 000	132 000
Financial Balance	−820 000	−280 000	−98 000	−132 000
Earnings Before Tax	1 357 000	21 000	91 000	174 000
Tax	318 000	5 000	20 000	27 000
Net Income	1 038 000	16 000	71 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 391 000	14 915 000	3 076 000	3 076 000
Total Current Assets	1 125 000	131 000	838 000	562 000
Total Assets	28 516 000	15 047 000	3 914 000	3 638 000
Total Retained Equity	1 437 000	399 000	383 000	312 000
Total Equity	2 037 000	999 000	983 000	912 000
Total Long-Term Debt	25 309 000	13 020 000	2 489 000	2 581 000
Total Current Debt	1 170 000	1 027 000	442 000	144 000
Total Equity and Debt	28 516 000	15 047 000	3 914 000	3 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	2 930 000
Other Income	2 856 000	455 000	221 000	252 000
Revenue	2 856 000	455 000	221 000	3 182 000
Cost of Goods Sold	0	0	0	2 791 000
Salary Costs	0	0	0	0
Depreciation	178 000	42 000	0	0
Impairment	0	0	0	0
Expenditure	680 000	155 000	33 000	2 876 000
Operating Profit	2 176 000	301 000	188 000	306 000
Financial Income	1 000	0	1 000	0
Financial Costs	821 000	280 000	99 000	132 000
Financial Balance	−820 000	−280 000	−98 000	−132 000
Dividends	0	0	0	0
Net Income	1 038 000	16 000	71 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 351 000	14 915 000	3 076 000	3 076 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 041 000	0	0	0
Total Tangible Assets	27 391 000	14 915 000	3 076 000	3 076 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 391 000	14 915 000	3 076 000	3 076 000
Stock	0	0	793 000	513 000
Total Investments	0	0	0	0
Cash, Bank	547 000	75 000	18 000	49 000
Total Current Assets	1 125 000	131 000	838 000	562 000
Total Assets	28 516 000	15 047 000	3 914 000	3 638 000
Total Equity	2 037 000	999 000	983 000	912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 309 000	13 020 000	2 489 000	2 581 000
Creditors	11 000	57 000	26 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	970 000	970 000	396 000	96 000
Total Current Debt	1 170 000	1 027 000	442 000	144 000
Total Equity and Debt	28 516 000	15 047 000	3 914 000	3 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,96 %	1,6 %	7,22 %	16,12 %
Debt-to-Equity Ratio	12,42	13,03	2,53	2,83
Operating Profit Margin	76,19 %	66,15 %	85,07 %	9,62 %
Current Ratio	0,96	0,13	1,9	3,9
Quick Ratio	0,96	0,13	−2,39	−1,52
Equity Ratio	0,07	0,07	0,25	0,25
Gross Profit Margin	100 %	100 %	100 %	12,29 %