OLAV SKOGE AS

6863 LEIKANGER

Finances

Share Ownership

Return on Equity

96,54 %

Current Ratio

0,85

Debt-to-Equity Ratio

−1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 301 000	4 296 000	5 554 000	2 648 000
Net Income	−279 000	−234 000	208 000	−335 000
Total Assets	2 596 000	472 000	723 000	558 000
Total Equity	−289 000	−11 000	223 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 301 000	4 296 000	5 554 000	2 648 000
Expenditure	4 505 000	4 497 000	5 211 000	3 077 000
Operating Profit	−204 000	−200 000	342 000	−427 000
Financial Income	0	2 000	2 000	0
Financial Costs	75 000	4 000	75 000	2 000
Financial Balance	−75 000	−2 000	−73 000	−2 000
Earnings Before Tax	−279 000	−202 000	270 000	−429 000
Tax	0	32 000	62 000	−94 000
Net Income	−279 000	−234 000	208 000	−335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	557 000	139 000	236 000	243 000
Total Current Assets	2 039 000	334 000	487 000	315 000
Total Assets	2 596 000	472 000	723 000	558 000
Total Retained Equity	−389 000	−111 000	123 000	−85 000
Total Equity	−289 000	−11 000	223 000	15 000
Total Long-Term Debt	490 000	195 000	0	0
Total Current Debt	2 395 000	289 000	499 000	542 000
Total Equity and Debt	2 596 000	472 000	723 000	558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 301 000	4 296 000	5 554 000	2 648 000
Other Income	0	0	0	0
Revenue	4 301 000	4 296 000	5 554 000	2 648 000
Cost of Goods Sold	2 829 000	2 701 000	3 569 000	1 384 000
Salary Costs	874 000	1 098 000	891 000	1 198 000
Depreciation	81 000	28 000	37 000	33 000
Impairment	0	0	0	0
Expenditure	4 505 000	4 497 000	5 211 000	3 077 000
Operating Profit	−204 000	−200 000	342 000	−427 000
Financial Income	0	2 000	2 000	0
Financial Costs	75 000	4 000	75 000	2 000
Financial Balance	−75 000	−2 000	−73 000	−2 000
Dividends	0	0	0	0
Net Income	−279 000	−234 000	208 000	−335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	93 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	25 000	51 000
Fixtures	482 000	22 000	25 000	11 000
Total Tangible Assets	482 000	22 000	50 000	62 000
Total Fiancial Fixed Assets	76 000	117 000	156 000	88 000
Total Fixed Assets	557 000	139 000	236 000	243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	66 000	428 000	50 000
Total Current Assets	2 039 000	334 000	487 000	315 000
Total Assets	2 596 000	472 000	723 000	558 000
Total Equity	−289 000	−11 000	223 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	490 000	195 000	0	0
Creditors	368 000	123 000	119 000	104 000
Unpaid Taxes	220 000	68 000	98 000	137 000
Dividends	0	0	0	0
Other Current Debt	1 695 000	98 000	283 000	302 000
Total Current Debt	2 395 000	289 000	499 000	542 000
Total Equity and Debt	2 596 000	472 000	723 000	558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,54 %	2 127,27 %	93,27 %	−2 233,33 %
Debt-to-Equity Ratio	−1,7	−17,73	0	0
Operating Profit Margin	−4,74 %	−4,66 %	6,16 %	−16,13 %
Current Ratio	0,85	1,16	0,98	0,58
Quick Ratio	0,85	1,16	0,98	0,58
Equity Ratio	−0,11	−0,02	0,31	0,03
Gross Profit Margin	34,22 %	37,13 %	35,74 %	47,73 %