OLINCO AS

2019 SKEDSMOKORSET

Finances

Return on Equity

−36,48 %

Current Ratio

62,22

Debt-to-Equity Ratio

4,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	283 000	0	0	0
Net Income	−228 000	539 000	183 000	227 000
Total Assets	3 334 000	3 517 000	2 465 000	2 269 000
Total Equity	625 000	853 000	313 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	283 000	0	0	0
Expenditure	483 000	2 000	2 000	2 000
Operating Profit	−200 000	−2 000	−2 000	−2 000
Financial Income	10 000	804 000	196 000	293 000
Financial Costs	45 000	265 000	13 000	82 000
Financial Balance	−35 000	539 000	183 000	211 000
Earnings Before Tax	−236 000	537 000	181 000	209 000
Tax	−8 000	−3 000	−3 000	−18 000
Net Income	−228 000	539 000	183 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	526 000	523 000	521 000
Total Current Assets	2 800 000	2 991 000	1 941 000	1 747 000
Total Assets	3 334 000	3 517 000	2 465 000	2 269 000
Total Retained Equity	602 000	830 000	291 000	107 000
Total Equity	625 000	853 000	313 000	130 000
Total Long-Term Debt	2 664 000	2 651 000	2 139 000	2 113 000
Total Current Debt	45 000	13 000	13 000	26 000
Total Equity and Debt	3 334 000	3 517 000	2 465 000	2 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	283 000	0	0	0
Revenue	283 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	483 000	2 000	2 000	2 000
Operating Profit	−200 000	−2 000	−2 000	−2 000
Financial Income	10 000	804 000	196 000	293 000
Financial Costs	45 000	265 000	13 000	82 000
Financial Balance	−35 000	539 000	183 000	211 000
Dividends	0	0	0	0
Net Income	−228 000	539 000	183 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	18 000
Total Intangible Assets	31 000	23 000	21 000	18 000
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	503 000	503 000	503 000	503 000
Total Fixed Assets	534 000	526 000	523 000	521 000
Stock	0	0	0	0
Total Investments	616 000	2 122 000	1 935 000	1 721 000
Cash, Bank	2 185 000	868 000	6 000	26 000
Total Current Assets	2 800 000	2 991 000	1 941 000	1 747 000
Total Assets	3 334 000	3 517 000	2 465 000	2 269 000
Total Equity	625 000	853 000	313 000	130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 664 000	2 651 000	2 139 000	2 113 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	45 000	13 000	13 000	26 000
Total Current Debt	45 000	13 000	13 000	26 000
Total Equity and Debt	3 334 000	3 517 000	2 465 000	2 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,48 %	63,19 %	58,47 %	174,62 %
Debt-to-Equity Ratio	4,26	3,11	6,83	16,25
Operating Profit Margin	−70,67 %	-	-	-
Current Ratio	62,22	230,08	149,31	67,19
Quick Ratio	62,22	230,08	149,31	67,19
Equity Ratio	0,19	0,24	0,13	0,06
Gross Profit Margin	100 %	-	-	-