ROLF OLSENS VEI 22 AS

1954 SETSKOG

Finances

Share Ownership

Return on Equity

35,66 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 289 000	863 000	778 000	943 000
Net Income	399 000	−8 000	374 000	509 000
Total Assets	2 970 000	2 716 000	2 451 000	9 883 000
Total Equity	1 119 000	1 209 000	1 218 000	844 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 289 000	863 000	778 000	943 000
Expenditure	555 000	838 000	157 000	168 000
Operating Profit	734 000	25 000	621 000	775 000
Financial Income	0	0	263 000	289 000
Financial Costs	48 000	36 000	404 000	412 000
Financial Balance	−48 000	−36 000	−141 000	−123 000
Earnings Before Tax	687 000	−11 000	480 000	652 000
Tax	288 000	−2 000	106 000	143 000
Net Income	399 000	−8 000	374 000	509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 945 000	2 081 000	2 135 000	9 397 000
Total Current Assets	1 024 000	635 000	316 000	486 000
Total Assets	2 970 000	2 716 000	2 451 000	9 883 000
Total Retained Equity	1 089 000	1 179 000	1 188 000	814 000
Total Equity	1 119 000	1 209 000	1 218 000	844 000
Total Long-Term Debt	61 000	0	0	8 536 000
Total Current Debt	1 790 000	1 507 000	1 234 000	503 000
Total Equity and Debt	2 970 000	2 716 000	2 451 000	9 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	778 000	943 000
Other Income	1 289 000	863 000	0	0
Revenue	1 289 000	863 000	778 000	943 000
Cost of Goods Sold	277 000	239 000	0	0
Salary Costs	0	0	0	0
Depreciation	47 000	56 000	36 000	36 000
Impairment	0	0	0	0
Expenditure	555 000	838 000	157 000	168 000
Operating Profit	734 000	25 000	621 000	775 000
Financial Income	0	0	263 000	289 000
Financial Costs	48 000	36 000	404 000	412 000
Financial Balance	−48 000	−36 000	−141 000	−123 000
Dividends	0	0	0	0
Net Income	399 000	−8 000	374 000	509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	89 000	87 000	91 000
Real Eastate	1 885 000	1 912 000	1 948 000	1 984 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	80 000	100 000	0
Total Tangible Assets	1 945 000	1 992 000	2 048 000	1 984 000
Total Fiancial Fixed Assets	0	0	0	7 323 000
Total Fixed Assets	1 945 000	2 081 000	2 135 000	9 397 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	507 000	404 000	218 000	480 000
Total Current Assets	1 024 000	635 000	316 000	486 000
Total Assets	2 970 000	2 716 000	2 451 000	9 883 000
Total Equity	1 119 000	1 209 000	1 218 000	844 000
Short-Term Group Debt	825 000	1 227 000	992 000	162 000
Total Long-Term Debt	61 000	0	0	8 536 000
Creditors	26 000	70 000	−1 000	11 000
Unpaid Taxes	102 000	11 000	6 000	17 000
Dividends	0	0	0	0
Other Current Debt	209 000	199 000	135 000	214 000
Total Current Debt	1 790 000	1 507 000	1 234 000	503 000
Total Equity and Debt	2 970 000	2 716 000	2 451 000	9 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,66 %	−0,66 %	30,71 %	60,31 %
Debt-to-Equity Ratio	0,05	0	0	10,11
Operating Profit Margin	56,94 %	2,9 %	79,82 %	82,18 %
Current Ratio	0,57	0,42	0,26	0,97
Quick Ratio	0,57	0,42	0,26	0,97
Equity Ratio	0,38	0,45	0,5	0,09
Gross Profit Margin	78,51 %	72,31 %	100 %	100 %