R. OLSEN AS

9510 ALTA

Finances

Return on Equity

76,15 %

Current Ratio

3,46

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 094 000	3 260 000	3 386 000	3 180 000
Net Income	958 000	−279 000	174 000	248 000
Total Assets	1 844 000	3 419 000	3 861 000	3 899 000
Total Equity	1 258 000	1 856 000	2 135 000	1 955 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 094 000	3 260 000	3 386 000	3 180 000
Expenditure	2 946 000	3 513 000	3 099 000	2 790 000
Operating Profit	1 147 000	−252 000	287 000	390 000
Financial Income	21 000	15 000	12 000	12 000
Financial Costs	31 000	42 000	61 000	78 000
Financial Balance	−10 000	−27 000	−49 000	−66 000
Earnings Before Tax	1 137 000	−279 000	238 000	325 000
Tax	179 000	0	63 000	77 000
Net Income	958 000	−279 000	174 000	248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	357 000	2 424 000	2 528 000	2 636 000
Total Current Assets	1 487 000	995 000	1 333 000	1 263 000
Total Assets	1 844 000	3 419 000	3 861 000	3 899 000
Total Retained Equity	1 219 000	261 000	540 000	360 000
Total Equity	1 258 000	1 856 000	2 135 000	1 955 000
Total Long-Term Debt	156 000	1 200 000	1 400 000	1 600 000
Total Current Debt	430 000	363 000	326 000	345 000
Total Equity and Debt	1 844 000	3 419 000	3 861 000	3 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 058 000	3 260 000	3 351 000	3 180 000
Other Income	1 035 000	0	36 000	0
Revenue	4 094 000	3 260 000	3 386 000	3 180 000
Cost of Goods Sold	863 000	983 000	1 111 000	830 000
Salary Costs	1 304 000	1 856 000	1 424 000	1 351 000
Depreciation	90 000	104 000	108 000	109 000
Impairment	0	0	0	0
Expenditure	2 946 000	3 513 000	3 099 000	2 790 000
Operating Profit	1 147 000	−252 000	287 000	390 000
Financial Income	21 000	15 000	12 000	12 000
Financial Costs	31 000	42 000	61 000	78 000
Financial Balance	−10 000	−27 000	−49 000	−66 000
Dividends	0	0	0	0
Net Income	958 000	−279 000	174 000	248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 389 000	2 482 000	2 575 000
Machinery and Plant Facilities	313 000	0	0	0
Fixtures	34 000	21 000	32 000	47 000
Total Tangible Assets	347 000	2 410 000	2 514 000	2 622 000
Total Fiancial Fixed Assets	10 000	14 000	14 000	14 000
Total Fixed Assets	357 000	2 424 000	2 528 000	2 636 000
Stock	219 000	281 000	326 000	354 000
Total Investments	0	0	0	0
Cash, Bank	1 226 000	627 000	864 000	754 000
Total Current Assets	1 487 000	995 000	1 333 000	1 263 000
Total Assets	1 844 000	3 419 000	3 861 000	3 899 000
Total Equity	1 258 000	1 856 000	2 135 000	1 955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	156 000	1 200 000	1 400 000	1 600 000
Creditors	219 000	52 000	−42 000	−67 000
Unpaid Taxes	57 000	175 000	185 000	178 000
Dividends	0	0	0	0
Other Current Debt	131 000	137 000	120 000	149 000
Total Current Debt	430 000	363 000	326 000	345 000
Total Equity and Debt	1 844 000	3 419 000	3 861 000	3 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,15 %	−15,03 %	8,15 %	12,69 %
Debt-to-Equity Ratio	0,12	0,65	0,66	0,82
Operating Profit Margin	28,02 %	−7,73 %	8,48 %	12,26 %
Current Ratio	3,46	2,74	4,09	3,66
Quick Ratio	7,05	12,13	-	−140,33
Equity Ratio	0,68	0,54	0,55	0,5
Gross Profit Margin	78,92 %	69,85 %	67,19 %	73,9 %