OLDERFJORD MASKIN AS

9713 RUSSENES

Finances

Share Ownership

Return on Equity

−19,38 %

Current Ratio

0,75

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 933 000	1 471 000	1 562 000	1 112 000
Net Income	−81 000	−93 000	120 000	158 000
Total Assets	1 852 000	1 925 000	1 985 000	1 894 000
Total Equity	418 000	499 000	593 000	473 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 933 000	1 471 000	1 562 000	1 112 000
Expenditure	2 036 000	1 582 000	1 399 000	891 000
Operating Profit	−104 000	−111 000	164 000	222 000
Financial Income	0	0	0	0
Financial Costs	1 000	8 000	10 000	19 000
Financial Balance	−1 000	−8 000	−10 000	−19 000
Earnings Before Tax	−104 000	−120 000	154 000	203 000
Tax	−23 000	−26 000	34 000	45 000
Net Income	−81 000	−93 000	120 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 347 000	1 471 000	1 453 000	1 630 000
Total Current Assets	505 000	454 000	532 000	264 000
Total Assets	1 852 000	1 925 000	1 985 000	1 894 000
Total Retained Equity	308 000	389 000	482 000	362 000
Total Equity	418 000	499 000	593 000	473 000
Total Long-Term Debt	760 000	795 000	685 000	764 000
Total Current Debt	674 000	630 000	707 000	657 000
Total Equity and Debt	1 852 000	1 925 000	1 985 000	1 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 933 000	1 468 000	1 545 000	1 003 000
Other Income	0	3 000	17 000	109 000
Revenue	1 933 000	1 471 000	1 562 000	1 112 000
Cost of Goods Sold	56 000	20 000	33 000	30 000
Salary Costs	753 000	581 000	531 000	182 000
Depreciation	452 000	395 000	347 000	291 000
Impairment	0	0	0	0
Expenditure	2 036 000	1 582 000	1 399 000	891 000
Operating Profit	−104 000	−111 000	164 000	222 000
Financial Income	0	0	0	0
Financial Costs	1 000	8 000	10 000	19 000
Financial Balance	−1 000	−8 000	−10 000	−19 000
Dividends	0	0	0	0
Net Income	−81 000	−93 000	120 000	158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	60 000	0	0	0
Machinery and Plant Facilities	773 000	1 006 000	1 285 000	1 468 000
Fixtures	407 000	309 000	168 000	161 000
Total Tangible Assets	1 240 000	1 315 000	1 453 000	1 628 000
Total Fiancial Fixed Assets	106 000	156 000	0	2 000
Total Fixed Assets	1 347 000	1 471 000	1 453 000	1 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	287 000	178 000	194 000	173 000
Total Current Assets	505 000	454 000	532 000	264 000
Total Assets	1 852 000	1 925 000	1 985 000	1 894 000
Total Equity	418 000	499 000	593 000	473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	760 000	795 000	685 000	764 000
Creditors	63 000	41 000	30 000	41 000
Unpaid Taxes	8 000	95 000	111 000	42 000
Dividends	0	0	0	0
Other Current Debt	591 000	494 000	520 000	559 000
Total Current Debt	674 000	630 000	707 000	657 000
Total Equity and Debt	1 852 000	1 925 000	1 985 000	1 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,38 %	−18,64 %	20,24 %	33,4 %
Debt-to-Equity Ratio	1,82	1,59	1,16	1,62
Operating Profit Margin	−5,38 %	−7,55 %	10,5 %	19,96 %
Current Ratio	0,75	0,72	0,75	0,4
Quick Ratio	0,75	0,72	0,75	0,4
Equity Ratio	0,23	0,26	0,3	0,25
Gross Profit Margin	97,1 %	98,64 %	97,89 %	97,3 %