OLAVSGAARD KONTORSENTER AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

11,89 %

Current Ratio

7,39

Debt-to-Equity Ratio

2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 898 000	12 890 000	12 348 000	12 030 000
Net Income	3 885 000	4 720 000	1 636 000	1 425 000
Total Assets	110 711 000	114 453 000	110 187 000	112 470 000
Total Equity	32 668 000	36 309 000	36 818 000	35 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 898 000	12 890 000	12 348 000	12 030 000
Expenditure	7 555 000	5 437 000	7 437 000	7 316 000
Operating Profit	6 343 000	7 453 000	4 911 000	4 714 000
Financial Income	1 318 000	1 272 000	0	1 000
Financial Costs	2 680 000	2 673 000	2 814 000	2 889 000
Financial Balance	−1 362 000	−1 401 000	−2 814 000	−2 888 000
Earnings Before Tax	4 981 000	6 051 000	2 098 000	1 826 000
Tax	1 096 000	1 331 000	462 000	402 000
Net Income	3 885 000	4 720 000	1 636 000	1 425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 600 000	24 810 000	27 068 000	29 407 000
Total Current Assets	88 110 000	89 643 000	83 120 000	83 063 000
Total Assets	110 711 000	114 453 000	110 187 000	112 470 000
Total Retained Equity	−3 142 000	498 000	1 007 000	0
Total Equity	32 668 000	36 309 000	36 818 000	35 811 000
Total Long-Term Debt	66 112 000	69 324 000	70 930 000	72 536 000
Total Current Debt	11 930 000	8 820 000	2 439 000	4 123 000
Total Equity and Debt	110 711 000	114 453 000	110 187 000	112 470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 140 000	0	0	11 685 000
Other Income	2 757 000	12 890 000	12 348 000	345 000
Revenue	13 898 000	12 890 000	12 348 000	12 030 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 390 000	2 421 000	2 490 000	2 559 000
Impairment	0	0	0	0
Expenditure	7 555 000	5 437 000	7 437 000	7 316 000
Operating Profit	6 343 000	7 453 000	4 911 000	4 714 000
Financial Income	1 318 000	1 272 000	0	1 000
Financial Costs	2 680 000	2 673 000	2 814 000	2 889 000
Financial Balance	−1 362 000	−1 401 000	−2 814 000	−2 888 000
Dividends	0	0	0	0
Net Income	3 885 000	4 720 000	1 636 000	1 425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 217 000	2 036 000	1 874 000	1 722 000
Real Eastate	20 383 000	22 773 000	25 194 000	27 684 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 383 000	22 773 000	25 194 000	27 684 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 600 000	24 810 000	27 068 000	29 407 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	465 000	1 000	44 000
Total Current Assets	88 110 000	89 643 000	83 120 000	83 063 000
Total Assets	110 711 000	114 453 000	110 187 000	112 470 000
Total Equity	32 668 000	36 309 000	36 818 000	35 811 000
Short-Term Group Debt	8 802 000	6 705 000	807 000	2 491 000
Total Long-Term Debt	66 112 000	69 324 000	70 930 000	72 536 000
Creditors	1 888 000	1 008 000	357 000	813 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 239 000	1 088 000	840 000	819 000
Total Current Debt	11 930 000	8 820 000	2 439 000	4 123 000
Total Equity and Debt	110 711 000	114 453 000	110 187 000	112 470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,89 %	13 %	4,44 %	3,98 %
Debt-to-Equity Ratio	2,02	1,91	1,93	2,03
Operating Profit Margin	45,64 %	57,82 %	39,77 %	39,19 %
Current Ratio	7,39	10,16	34,08	20,15
Quick Ratio	7,39	10,16	34,08	20,15
Equity Ratio	0,3	0,32	0,33	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %