OLAV SØREIDE AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

2,87 %

Current Ratio

123,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	239 000	347 000	273 000	319 000
Net Income	74 000	193 000	163 000	178 000
Total Assets	2 600 000	2 561 000	2 358 000	2 204 000
Total Equity	2 577 000	2 503 000	2 310 000	2 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	239 000	347 000	273 000	319 000
Expenditure	157 000	106 000	79 000	110 000
Operating Profit	82 000	241 000	194 000	208 000
Financial Income	13 000	7 000	15 000	20 000
Financial Costs	0	0	0	0
Financial Balance	13 000	7 000	15 000	20 000
Earnings Before Tax	95 000	247 000	209 000	229 000
Tax	21 000	54 000	46 000	50 000
Net Income	74 000	193 000	163 000	178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	22 000	27 000	7 000
Total Current Assets	2 588 000	2 539 000	2 332 000	2 197 000
Total Assets	2 600 000	2 561 000	2 358 000	2 204 000
Total Retained Equity	2 477 000	2 403 000	2 210 000	2 048 000
Total Equity	2 577 000	2 503 000	2 310 000	2 148 000
Total Long-Term Debt	3 000	2 000	2 000	2 000
Total Current Debt	21 000	55 000	46 000	54 000
Total Equity and Debt	2 600 000	2 561 000	2 358 000	2 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	239 000	347 000	273 000	319 000
Revenue	239 000	347 000	273 000	319 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	10 000	4 000	2 000	0
Impairment	0	0	0	0
Expenditure	157 000	106 000	79 000	110 000
Operating Profit	82 000	241 000	194 000	208 000
Financial Income	13 000	7 000	15 000	20 000
Financial Costs	0	0	0	0
Financial Balance	13 000	7 000	15 000	20 000
Dividends	0	0	0	0
Net Income	74 000	193 000	163 000	178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	6 000	7 000	7 000
Machinery and Plant Facilities	12 000	16 000	20 000	0
Fixtures	0	0	0	0
Total Tangible Assets	12 000	22 000	27 000	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	22 000	27 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 528 000	2 534 000	2 332 000	2 197 000
Total Current Assets	2 588 000	2 539 000	2 332 000	2 197 000
Total Assets	2 600 000	2 561 000	2 358 000	2 204 000
Total Equity	2 577 000	2 503 000	2 310 000	2 148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	2 000	2 000	2 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	4 000
Total Current Debt	21 000	55 000	46 000	54 000
Total Equity and Debt	2 600 000	2 561 000	2 358 000	2 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,87 %	7,71 %	7,06 %	8,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,31 %	69,45 %	71,06 %	65,2 %
Current Ratio	123,24	46,16	50,7	40,69
Quick Ratio	123,24	46,16	50,7	40,69
Equity Ratio	0,99	0,98	0,98	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %