OLAFG AS

3531 KROKKLEIVA

Finances

Return on Equity

18,42 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	703 000	405 000	98 000	76 000
Net Income	21 000	39 000	18 000	−1 000
Total Assets	253 000	195 000	83 000	43 000
Total Equity	114 000	93 000	54 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	703 000	405 000	98 000	76 000
Expenditure	616 000	355 000	80 000	77 000
Operating Profit	87 000	49 000	18 000	−1 000
Financial Income	48 000	8 000	2 000	0
Financial Costs	95 000	7 000	2 000	1 000
Financial Balance	−47 000	1 000	0	−1 000
Earnings Before Tax	39 000	50 000	18 000	−1 000
Tax	18 000	11 000	0	0
Net Income	21 000	39 000	18 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	253 000	195 000	83 000	43 000
Total Assets	253 000	195 000	83 000	43 000
Total Retained Equity	84 000	68 000	29 000	11 000
Total Equity	114 000	93 000	54 000	36 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	139 000	103 000	29 000	8 000
Total Equity and Debt	253 000	195 000	83 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	703 000	405 000	98 000	76 000
Other Income	0	0	0	0
Revenue	703 000	405 000	98 000	76 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	538 000	292 000	64 000	34 000
Depreciation	0	0	0	3 000
Impairment	0	0	0	10 000
Expenditure	616 000	355 000	80 000	77 000
Operating Profit	87 000	49 000	18 000	−1 000
Financial Income	48 000	8 000	2 000	0
Financial Costs	95 000	7 000	2 000	1 000
Financial Balance	−47 000	1 000	0	−1 000
Dividends	0	0	0	0
Net Income	21 000	39 000	18 000	−1 000

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	165 000	125 000	51 000	0
Cash, Bank	81 000	71 000	11 000	43 000
Total Current Assets	253 000	195 000	83 000	43 000
Total Assets	253 000	195 000	83 000	43 000
Total Equity	114 000	93 000	54 000	36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	1 000	3 000	0
Unpaid Taxes	39 000	39 000	2 000	7 000
Dividends	0	0	0	0
Other Current Debt	77 000	52 000	24 000	8 000
Total Current Debt	139 000	103 000	29 000	8 000
Total Equity and Debt	253 000	195 000	83 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,42 %	41,94 %	33,33 %	−2,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,38 %	12,1 %	18,37 %	−1,32 %
Current Ratio	1,82	1,89	2,86	5,38
Quick Ratio	1,82	1,89	2,86	5,38
Equity Ratio	0,45	0,48	0,65	0,84
Gross Profit Margin	100 %	100 %	100 %	98,68 %