OLSEN SANDVOLL AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−495,65 %

Current Ratio

0,89

Debt-to-Equity Ratio

31,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	989 000	977 000	1 241 000	1 617 000
Net Income	−114 000	−52 000	59 000	−17 000
Total Assets	912 000	248 000	321 000	269 000
Total Equity	23 000	128 000	180 000	121 000

Income (NOK)	2022	2021	2020	2019
Revenue	989 000	977 000	1 241 000	1 617 000
Expenditure	1 088 000	1 025 000	1 165 000	1 639 000
Operating Profit	−99 000	−49 000	75 000	−22 000
Financial Income	0	0	0	0
Financial Costs	15 000	1 000	0	0
Financial Balance	−15 000	−1 000	0	0
Earnings Before Tax	−114 000	−49 000	75 000	−22 000
Tax	0	3 000	17 000	−5 000
Net Income	−114 000	−52 000	59 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	764 000	8 000	19 000	28 000
Total Current Assets	148 000	240 000	301 000	241 000
Total Assets	912 000	248 000	321 000	269 000
Total Retained Equity	−7 000	98 000	150 000	91 000
Total Equity	23 000	128 000	180 000	121 000
Total Long-Term Debt	723 000	0	0	0
Total Current Debt	167 000	120 000	141 000	148 000
Total Equity and Debt	912 000	248 000	321 000	269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	970 000	936 000	1 208 000	1 617 000
Other Income	18 000	41 000	33 000	0
Revenue	989 000	977 000	1 241 000	1 617 000
Cost of Goods Sold	284 000	298 000	449 000	683 000
Salary Costs	138 000	192 000	230 000	465 000
Depreciation	63 000	8 000	8 000	21 000
Impairment	0	0	0	0
Expenditure	1 088 000	1 025 000	1 165 000	1 639 000
Operating Profit	−99 000	−49 000	75 000	−22 000
Financial Income	0	0	0	0
Financial Costs	15 000	1 000	0	0
Financial Balance	−15 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−114 000	−52 000	59 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	764 000	8 000	16 000	25 000
Total Tangible Assets	764 000	8 000	16 000	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	764 000	8 000	19 000	28 000
Stock	35 000	41 000	36 000	14 000
Total Investments	0	0	0	0
Cash, Bank	66 000	46 000	101 000	47 000
Total Current Assets	148 000	240 000	301 000	241 000
Total Assets	912 000	248 000	321 000	269 000
Total Equity	23 000	128 000	180 000	121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	723 000	0	0	0
Creditors	43 000	60 000	76 000	69 000
Unpaid Taxes	30 000	39 000	19 000	29 000
Dividends	0	0	0	0
Other Current Debt	93 000	21 000	28 000	50 000
Total Current Debt	167 000	120 000	141 000	148 000
Total Equity and Debt	912 000	248 000	321 000	269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−495,65 %	−40,63 %	32,78 %	−14,05 %
Debt-to-Equity Ratio	31,43	0	0	0
Operating Profit Margin	−10,01 %	−5,02 %	6,04 %	−1,36 %
Current Ratio	0,89	2	2,13	1,63
Quick Ratio	1,12	3,04	2,87	1,8
Equity Ratio	0,03	0,52	0,56	0,45
Gross Profit Margin	71,28 %	69,5 %	63,82 %	57,76 %