Ø. OLSEN AS

1362 HOSLE

Finances

Share Ownership

Return on Equity

81,16 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 115 000	882 000	803 000	586 000
Net Income	56 000	44 000	33 000	−21 000
Total Assets	459 000	292 000	238 000	165 000
Total Equity	69 000	113 000	68 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 115 000	882 000	803 000	586 000
Expenditure	1 043 000	825 000	769 000	615 000
Operating Profit	72 000	57 000	34 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	−8 000
Financial Balance	0	0	0	8 000
Earnings Before Tax	72 000	57 000	34 000	−21 000
Tax	16 000	13 000	0	0
Net Income	56 000	44 000	33 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	459 000	292 000	238 000	165 000
Total Assets	459 000	292 000	238 000	165 000
Total Retained Equity	39 000	83 000	38 000	5 000
Total Equity	69 000	113 000	68 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	391 000	179 000	170 000	130 000
Total Equity and Debt	459 000	292 000	238 000	165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 115 000	882 000	803 000	586 000
Other Income	0	0	0	0
Revenue	1 115 000	882 000	803 000	586 000
Cost of Goods Sold	0	0	16 000	0
Salary Costs	973 000	776 000	701 000	568 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 043 000	825 000	769 000	615 000
Operating Profit	72 000	57 000	34 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	−8 000
Financial Balance	0	0	0	8 000
Dividends	50 000	0	0	0
Net Income	56 000	44 000	33 000	−21 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	207 000	170 000	166 000	65 000
Total Current Assets	459 000	292 000	238 000	165 000
Total Assets	459 000	292 000	238 000	165 000
Total Equity	69 000	113 000	68 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	3 000	6 000	5 000
Unpaid Taxes	148 000	82 000	89 000	66 000
Dividends	50 000	0	0	0
Other Current Debt	103 000	82 000	74 000	59 000
Total Current Debt	391 000	179 000	170 000	130 000
Total Equity and Debt	459 000	292 000	238 000	165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,16 %	38,94 %	48,53 %	−60 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,46 %	6,46 %	4,23 %	−4,95 %
Current Ratio	1,17	1,63	1,4	1,27
Quick Ratio	1,17	1,63	1,4	1,27
Equity Ratio	0,15	0,39	0,29	0,21
Gross Profit Margin	100 %	100 %	98,01 %	100 %