ØLSJØLIA UTVIKLING AS

2890 ETNEDAL

Finances

Share Ownership

Return on Equity

31,42 %

Current Ratio

8,96

Debt-to-Equity Ratio

2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 570 000	2 283 000	1 410 000	1 545 000
Net Income	614 000	−10 000	151 000	129 000
Total Assets	8 705 000	6 084 000	1 748 000	1 642 000
Total Equity	1 954 000	1 340 000	1 350 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 570 000	2 283 000	1 410 000	1 545 000
Expenditure	10 839 000	1 561 000	791 000	938 000
Operating Profit	1 035 000	63 000	180 000	165 000
Financial Income	2 000	23 000	15 000	0
Financial Costs	250 000	105 000	0	0
Financial Balance	−248 000	−82 000	15 000	0
Earnings Before Tax	787 000	−19 000	194 000	165 000
Tax	173 000	−9 000	43 000	36 000
Net Income	614 000	−10 000	151 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	9 000	100 000	0
Total Current Assets	8 687 000	6 075 000	1 648 000	1 642 000
Total Assets	8 705 000	6 084 000	1 748 000	1 642 000
Total Retained Equity	964 000	350 000	360 000	208 000
Total Equity	1 954 000	1 340 000	1 350 000	1 198 000
Total Long-Term Debt	5 782 000	3 683 000	285 000	0
Total Current Debt	969 000	1 061 000	113 000	444 000
Total Equity and Debt	8 705 000	6 084 000	1 748 000	1 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 570 000	2 283 000	1 410 000	1 545 000
Other Income	0	0	0	0
Revenue	7 570 000	2 283 000	1 410 000	1 545 000
Cost of Goods Sold	10 561 000	1 036 000	640 000	885 000
Salary Costs	0	0	0	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 839 000	1 561 000	791 000	938 000
Operating Profit	1 035 000	63 000	180 000	165 000
Financial Income	2 000	23 000	15 000	0
Financial Costs	250 000	105 000	0	0
Financial Balance	−248 000	−82 000	15 000	0
Dividends	0	0	0	0
Net Income	614 000	−10 000	151 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	0	0	100 000	0
Total Fixed Assets	18 000	9 000	100 000	0
Stock	8 132 000	3 829 000	1 425 000	1 440 000
Total Investments	0	0	0	0
Cash, Bank	530 000	142 000	111 000	202 000
Total Current Assets	8 687 000	6 075 000	1 648 000	1 642 000
Total Assets	8 705 000	6 084 000	1 748 000	1 642 000
Total Equity	1 954 000	1 340 000	1 350 000	1 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 782 000	3 683 000	285 000	0
Creditors	240 000	810 000	66 000	75 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	566 000	251 000	4 000	333 000
Total Current Debt	969 000	1 061 000	113 000	444 000
Total Equity and Debt	8 705 000	6 084 000	1 748 000	1 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,42 %	−0,75 %	11,19 %	10,77 %
Debt-to-Equity Ratio	2,96	2,75	0,21	0
Operating Profit Margin	13,67 %	2,76 %	12,77 %	10,68 %
Current Ratio	8,96	5,73	14,58	3,7
Quick Ratio	−1,21	−2,19	−1,26	−1,65
Equity Ratio	0,22	0,22	0,77	0,73
Gross Profit Margin	−39,51 %	54,62 %	54,61 %	42,72 %