OLSEN HUS & HYTTESERVICE AS

2930 BAGN

Finances

Share Ownership

Return on Equity

17,03 %

Current Ratio

1,72

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 927 000	4 945 000	3 402 000	2 385 000
Net Income	132 000	124 000	171 000	−184 000
Total Assets	2 920 000	2 337 000	1 884 000	1 048 000
Total Equity	775 000	643 000	519 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 927 000	4 945 000	3 402 000	2 385 000
Expenditure	5 672 000	4 744 000	3 203 000	2 567 000
Operating Profit	255 000	201 000	199 000	−182 000
Financial Income	0	0	5 000	3 000
Financial Costs	81 000	40 000	23 000	17 000
Financial Balance	−81 000	−40 000	−18 000	−14 000
Earnings Before Tax	175 000	161 000	182 000	−197 000
Tax	43 000	37 000	11 000	−13 000
Net Income	132 000	124 000	171 000	−184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 394 000	1 238 000	904 000	432 000
Total Current Assets	1 526 000	1 099 000	980 000	616 000
Total Assets	2 920 000	2 337 000	1 884 000	1 048 000
Total Retained Equity	745 000	613 000	489 000	318 000
Total Equity	775 000	643 000	519 000	348 000
Total Long-Term Debt	1 260 000	1 051 000	785 000	282 000
Total Current Debt	885 000	643 000	580 000	418 000
Total Equity and Debt	2 920 000	2 337 000	1 884 000	1 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 911 000	4 846 000	3 402 000	2 385 000
Other Income	16 000	99 000	0	0
Revenue	5 927 000	4 945 000	3 402 000	2 385 000
Cost of Goods Sold	2 017 000	2 231 000	1 307 000	606 000
Salary Costs	2 243 000	1 794 000	1 321 000	1 347 000
Depreciation	341 000	179 000	129 000	100 000
Impairment	0	0	0	0
Expenditure	5 672 000	4 744 000	3 203 000	2 567 000
Operating Profit	255 000	201 000	199 000	−182 000
Financial Income	0	0	5 000	3 000
Financial Costs	81 000	40 000	23 000	17 000
Financial Balance	−81 000	−40 000	−18 000	−14 000
Dividends	0	0	0	0
Net Income	132 000	124 000	171 000	−184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 000	35 000	42 000	49 000
Machinery and Plant Facilities	213 000	0	0	0
Fixtures	1 151 000	1 197 000	853 000	370 000
Total Tangible Assets	1 392 000	1 232 000	894 000	419 000
Total Fiancial Fixed Assets	2 000	6 000	9 000	13 000
Total Fixed Assets	1 394 000	1 238 000	904 000	432 000
Stock	0	0	0	0
Total Investments	5 000	5 000	5 000	5 000
Cash, Bank	940 000	892 000	650 000	394 000
Total Current Assets	1 526 000	1 099 000	980 000	616 000
Total Assets	2 920 000	2 337 000	1 884 000	1 048 000
Total Equity	775 000	643 000	519 000	348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 260 000	1 051 000	785 000	282 000
Creditors	144 000	247 000	171 000	56 000
Unpaid Taxes	464 000	220 000	266 000	123 000
Dividends	0	0	0	0
Other Current Debt	251 000	176 000	144 000	239 000
Total Current Debt	885 000	643 000	580 000	418 000
Total Equity and Debt	2 920 000	2 337 000	1 884 000	1 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,03 %	19,28 %	32,95 %	−52,87 %
Debt-to-Equity Ratio	1,63	1,63	1,51	0,81
Operating Profit Margin	4,3 %	4,06 %	5,85 %	−7,63 %
Current Ratio	1,72	1,71	1,69	1,47
Quick Ratio	1,72	1,71	1,69	1,47
Equity Ratio	0,27	0,28	0,28	0,33
Gross Profit Margin	65,97 %	54,88 %	61,58 %	74,59 %