O A OLSEN DRIFT AS

4595 TINGVATN

Finances

Return on Equity

10,1 %

Current Ratio

10,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	400 000	474 000	518 000	446 000
Net Income	185 000	239 000	−72 000	194 000
Total Assets	2 014 000	1 815 000	1 503 000	1 605 000
Total Equity	1 831 000	1 646 000	1 407 000	1 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	400 000	474 000	518 000	446 000
Expenditure	61 000	252 000	189 000	196 000
Operating Profit	339 000	222 000	329 000	249 000
Financial Income	0	13 000	128 000	0
Financial Costs	79 000	−54 000	456 000	0
Financial Balance	−79 000	67 000	−328 000	0
Earnings Before Tax	261 000	288 000	1 000	249 000
Tax	76 000	49 000	72 000	55 000
Net Income	185 000	239 000	−72 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	229 000	307 000	398 000	323 000
Total Current Assets	1 785 000	1 508 000	1 105 000	1 281 000
Total Assets	2 014 000	1 815 000	1 503 000	1 605 000
Total Retained Equity	1 801 000	1 616 000	1 377 000	1 448 000
Total Equity	1 831 000	1 646 000	1 407 000	1 478 000
Total Long-Term Debt	5 000	6 000	7 000	8 000
Total Current Debt	178 000	163 000	89 000	118 000
Total Equity and Debt	2 014 000	1 815 000	1 503 000	1 605 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	400 000	417 000	480 000	446 000
Other Income	0	57 000	38 000	0
Revenue	400 000	474 000	518 000	446 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	55 000	71 000	65 000
Impairment	0	0	0	0
Expenditure	61 000	252 000	189 000	196 000
Operating Profit	339 000	222 000	329 000	249 000
Financial Income	0	13 000	128 000	0
Financial Costs	79 000	−54 000	456 000	0
Financial Balance	−79 000	67 000	−328 000	0
Dividends	0	0	0	0
Net Income	185 000	239 000	−72 000	194 000

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	145 000	278 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	145 000	278 000
Total Fiancial Fixed Assets	229 000	307 000	254 000	45 000
Total Fixed Assets	229 000	307 000	398 000	323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	551 000	584 000	81 000	242 000
Total Current Assets	1 785 000	1 508 000	1 105 000	1 281 000
Total Assets	2 014 000	1 815 000	1 503 000	1 605 000
Total Equity	1 831 000	1 646 000	1 407 000	1 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	6 000	7 000	8 000
Creditors	2 000	0	14 000	2 000
Unpaid Taxes	99 000	113 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	60 000
Total Current Debt	178 000	163 000	89 000	118 000
Total Equity and Debt	2 014 000	1 815 000	1 503 000	1 605 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,1 %	14,52 %	−5,12 %	13,13 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	84,75 %	46,84 %	63,51 %	55,83 %
Current Ratio	10,03	9,25	12,42	10,86
Quick Ratio	10,03	9,25	12,42	10,86
Equity Ratio	0,91	0,91	0,94	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %