OLSBORGS SNEKKERSERVICE AS

9109 KVALØYA

Finances

Share Ownership

Return on Equity

9,69 %

Current Ratio

3,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 114 000	3 266 000	2 896 000	2 347 000
Net Income	97 000	186 000	134 000	124 000
Total Assets	1 385 000	1 389 000	1 228 000	906 000
Total Equity	1 001 000	904 000	718 000	584 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 114 000	3 266 000	2 896 000	2 347 000
Expenditure	2 989 000	3 029 000	2 725 000	2 190 000
Operating Profit	125 000	239 000	171 000	157 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	1 000	0	0
Financial Balance	0	−1 000	1 000	1 000
Earnings Before Tax	125 000	238 000	172 000	158 000
Tax	27 000	52 000	38 000	35 000
Net Income	97 000	186 000	134 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	14 000	6 000	0
Total Current Assets	1 290 000	1 375 000	1 222 000	906 000
Total Assets	1 385 000	1 389 000	1 228 000	906 000
Total Retained Equity	979 000	882 000	696 000	562 000
Total Equity	1 001 000	904 000	718 000	584 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	380 000	485 000	510 000	322 000
Total Equity and Debt	1 385 000	1 389 000	1 228 000	906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 114 000	3 266 000	2 896 000	2 347 000
Other Income	0	0	0	0
Revenue	3 114 000	3 266 000	2 896 000	2 347 000
Cost of Goods Sold	1 157 000	1 408 000	1 177 000	730 000
Salary Costs	1 337 000	1 316 000	1 154 000	1 257 000
Depreciation	12 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	2 989 000	3 029 000	2 725 000	2 190 000
Operating Profit	125 000	239 000	171 000	157 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	1 000	0	0
Financial Balance	0	−1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	97 000	186 000	134 000	124 000

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	95 000	14 000	0	0
Total Tangible Assets	95 000	14 000	0	0
Total Fiancial Fixed Assets	0	0	6 000	0
Total Fixed Assets	95 000	14 000	6 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 206 000	1 287 000	1 187 000	831 000
Total Current Assets	1 290 000	1 375 000	1 222 000	906 000
Total Assets	1 385 000	1 389 000	1 228 000	906 000
Total Equity	1 001 000	904 000	718 000	584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	37 000	100 000	120 000	−24 000
Unpaid Taxes	149 000	159 000	150 000	171 000
Dividends	0	0	0	0
Other Current Debt	171 000	173 000	201 000	140 000
Total Current Debt	380 000	485 000	510 000	322 000
Total Equity and Debt	1 385 000	1 389 000	1 228 000	906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,69 %	20,58 %	18,66 %	21,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,01 %	7,32 %	5,9 %	6,69 %
Current Ratio	3,39	2,84	2,4	2,81
Quick Ratio	3,39	2,84	2,4	2,81
Equity Ratio	0,72	0,65	0,58	0,64
Gross Profit Margin	62,85 %	56,89 %	59,36 %	68,9 %