OLYMPIC SERVICES AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−43,81 %

Current Ratio

1,01

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	567 000	6 830 000	7 315 000	5 105 000
Net Income	−2 603 000	−21 706 000	−2 125 000	−2 289 000
Total Assets	28 479 000	41 666 000	75 432 000	75 290 000
Total Equity	5 942 000	1 666 000	17 513 000	22 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	567 000	6 830 000	7 315 000	5 105 000
Expenditure	4 382 000	30 602 000	7 913 000	5 998 000
Operating Profit	−3 815 000	−23 772 000	−598 000	−893 000
Financial Income	57 000	0	4 000	7 000
Financial Costs	786 000	1 379 000	2 131 000	2 048 000
Financial Balance	−729 000	−1 379 000	−2 127 000	−2 041 000
Earnings Before Tax	−4 544 000	−25 150 000	−2 724 000	−2 934 000
Tax	−1 941 000	−3 445 000	−599 000	−646 000
Net Income	−2 603 000	−21 706 000	−2 125 000	−2 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 776 000	33 500 000	63 946 000	71 710 000
Total Current Assets	12 703 000	8 166 000	11 486 000	3 580 000
Total Assets	28 479 000	41 666 000	75 432 000	75 290 000
Total Retained Equity	0	0	0	0
Total Equity	5 942 000	1 666 000	17 513 000	22 030 000
Total Long-Term Debt	9 900 000	30 000 000	43 793 000	48 000 000
Total Current Debt	12 636 000	10 000 000	14 127 000	5 260 000
Total Equity and Debt	28 479 000	41 666 000	75 432 000	75 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	567 000	6 830 000	7 315 000	5 105 000
Revenue	567 000	6 830 000	7 315 000	5 105 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 224 000	7 764 000	7 764 000	5 766 000
Impairment	0	22 682 000	0	0
Expenditure	4 382 000	30 602 000	7 913 000	5 998 000
Operating Profit	−3 815 000	−23 772 000	−598 000	−893 000
Financial Income	57 000	0	4 000	7 000
Financial Costs	786 000	1 379 000	2 131 000	2 048 000
Financial Balance	−729 000	−1 379 000	−2 127 000	−2 041 000
Dividends	0	0	0	0
Net Income	−2 603 000	−21 706 000	−2 125 000	−2 289 000

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	15 776 000	33 500 000	63 946 000	71 710 000
Total Tangible Assets	15 776 000	33 500 000	63 946 000	71 710 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 776 000	33 500 000	63 946 000	71 710 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	12 703 000	8 166 000	11 486 000	3 580 000
Total Assets	28 479 000	41 666 000	75 432 000	75 290 000
Total Equity	5 942 000	1 666 000	17 513 000	22 030 000
Short-Term Group Debt	8 990 000	10 000 000	14 127 000	0
Total Long-Term Debt	9 900 000	30 000 000	43 793 000	48 000 000
Creditors	3 647 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	12 636 000	10 000 000	14 127 000	5 260 000
Total Equity and Debt	28 479 000	41 666 000	75 432 000	75 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,81 %	−1 302,88 %	−12,13 %	−10,39 %
Debt-to-Equity Ratio	1,67	18,01	2,5	2,18
Operating Profit Margin	−672,84 %	−348,05 %	−8,17 %	−17,49 %
Current Ratio	1,01	0,82	0,81	0,68
Quick Ratio	1,01	0,82	0,81	0,68
Equity Ratio	0,21	0,04	0,23	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %