OLAREAN SERVICE AS

5237 RÅDAL

Finances

Share Ownership

Return on Equity

9,08 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 009 000	3 574 000	2 877 000	3 210 000
Net Income	57 000	377 000	388 000	478 000
Total Assets	1 037 000	1 221 000	946 000	1 259 000
Total Equity	628 000	571 000	445 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 009 000	3 574 000	2 877 000	3 210 000
Expenditure	3 934 000	3 080 000	2 375 000	2 590 000
Operating Profit	74 000	496 000	502 000	620 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	3 000	13 000	6 000	8 000
Financial Balance	−1 000	−12 000	−6 000	−7 000
Earnings Before Tax	73 000	483 000	497 000	613 000
Tax	16 000	106 000	109 000	135 000
Net Income	57 000	377 000	388 000	478 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	720 000	722 000	861 000	1 106 000
Total Current Assets	317 000	499 000	85 000	153 000
Total Assets	1 037 000	1 221 000	946 000	1 259 000
Total Retained Equity	598 000	541 000	415 000	27 000
Total Equity	628 000	571 000	445 000	57 000
Total Long-Term Debt	5 000	8 000	6 000	0
Total Current Debt	403 000	642 000	495 000	1 201 000
Total Equity and Debt	1 037 000	1 221 000	946 000	1 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 007 000	3 574 000	2 877 000	3 174 000
Other Income	2 000	0	0	36 000
Revenue	4 009 000	3 574 000	2 877 000	3 210 000
Cost of Goods Sold	1 040 000	823 000	511 000	566 000
Salary Costs	1 507 000	1 063 000	821 000	961 000
Depreciation	215 000	183 000	131 000	60 000
Impairment	0	0	0	0
Expenditure	3 934 000	3 080 000	2 375 000	2 590 000
Operating Profit	74 000	496 000	502 000	620 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	3 000	13 000	6 000	8 000
Financial Balance	−1 000	−12 000	−6 000	−7 000
Dividends	0	250 000	0	700 000
Net Income	57 000	377 000	388 000	478 000

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	686 000	700 000	614 000	327 000
Total Tangible Assets	686 000	700 000	614 000	327 000
Total Fiancial Fixed Assets	34 000	22 000	246 000	779 000
Total Fixed Assets	720 000	722 000	861 000	1 106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	282 000	495 000	22 000	101 000
Total Current Assets	317 000	499 000	85 000	153 000
Total Assets	1 037 000	1 221 000	946 000	1 259 000
Total Equity	628 000	571 000	445 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	8 000	6 000	0
Creditors	30 000	12 000	33 000	82 000
Unpaid Taxes	300 000	241 000	197 000	179 000
Dividends	0	250 000	0	700 000
Other Current Debt	204 000	284 000	161 000	95 000
Total Current Debt	403 000	642 000	495 000	1 201 000
Total Equity and Debt	1 037 000	1 221 000	946 000	1 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,08 %	66,02 %	87,19 %	838,6 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0
Operating Profit Margin	1,85 %	13,88 %	17,45 %	19,31 %
Current Ratio	0,79	0,78	0,17	0,13
Quick Ratio	0,79	0,78	0,17	0,13
Equity Ratio	0,61	0,47	0,47	0,05
Gross Profit Margin	74,06 %	76,97 %	82,24 %	82,37 %