OLAF WIRUM AS

8890 LEIRFJORD

Finances

Return on Equity

3,86 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	313 000	303 000	267 000	298 000
Net Income	26 000	99 000	62 000	−10 000
Total Assets	1 087 000	1 075 000	956 000	1 352 000
Total Equity	673 000	647 000	1 048 000	986 000

Income (NOK)	2022	2021	2020	2019
Revenue	313 000	303 000	267 000	298 000
Expenditure	280 000	459 000	189 000	315 000
Operating Profit	33 000	−156 000	78 000	−18 000
Financial Income	0	222 000	2 000	6 000
Financial Costs	0	0	0	0
Financial Balance	0	222 000	2 000	6 000
Earnings Before Tax	34 000	66 000	80 000	−13 000
Tax	7 000	−33 000	18 000	−3 000
Net Income	26 000	99 000	62 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	355 000	363 000	108 000	115 000
Total Current Assets	732 000	712 000	848 000	1 237 000
Total Assets	1 087 000	1 075 000	956 000	1 352 000
Total Retained Equity	393 000	367 000	768 000	706 000
Total Equity	673 000	647 000	1 048 000	986 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	415 000	428 000	−92 000	367 000
Total Equity and Debt	1 087 000	1 075 000	956 000	1 352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 000	303 000	218 000	308 000
Other Income	127 000	0	50 000	−10 000
Revenue	313 000	303 000	267 000	298 000
Cost of Goods Sold	219 000	171 000	127 000	179 000
Salary Costs	0	5 000	2 000	0
Depreciation	0	0	0	12 000
Impairment	0	0	0	0
Expenditure	280 000	459 000	189 000	315 000
Operating Profit	33 000	−156 000	78 000	−18 000
Financial Income	0	222 000	2 000	6 000
Financial Costs	0	0	0	0
Financial Balance	0	222 000	2 000	6 000
Dividends	0	0	0	0
Net Income	26 000	99 000	62 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	33 000	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	330 000	330 000	108 000	108 000
Total Fixed Assets	355 000	363 000	108 000	115 000
Stock	0	0	35 000	35 000
Total Investments	0	0	0	0
Cash, Bank	234 000	327 000	397 000	766 000
Total Current Assets	732 000	712 000	848 000	1 237 000
Total Assets	1 087 000	1 075 000	956 000	1 352 000
Total Equity	673 000	647 000	1 048 000	986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	−84 000	−113 000	−54 000
Unpaid Taxes	−6 000	30 000	36 000	44 000
Dividends	0	0	0	0
Other Current Debt	410 000	482 000	−25 000	376 000
Total Current Debt	415 000	428 000	−92 000	367 000
Total Equity and Debt	1 087 000	1 075 000	956 000	1 352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,86 %	15,3 %	5,92 %	−1,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,54 %	−51,49 %	29,21 %	−6,04 %
Current Ratio	1,76	1,66	−9,22	3,37
Quick Ratio	1,76	1,66	−6,68	3,73
Equity Ratio	0,62	0,6	1,1	0,73
Gross Profit Margin	30,03 %	43,56 %	52,43 %	39,93 %