OLAV GRAVE AS

3753 TØRDAL

Finances

Return on Equity

556,44 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 801 000	2 953 000	396 000	1 543 000
Net Income	562 000	860 000	140 000	495 000
Total Assets	619 000	1 164 000	776 000	913 000
Total Equity	101 000	39 000	659 000	520 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 801 000	2 953 000	396 000	1 543 000
Expenditure	1 018 000	1 797 000	82 000	908 000
Operating Profit	784 000	1 156 000	314 000	635 000
Financial Income	6 000	49 000	0	0
Financial Costs	53 000	63 000	133 000	0
Financial Balance	−47 000	−14 000	−133 000	0
Earnings Before Tax	736 000	1 143 000	180 000	635 000
Tax	174 000	283 000	41 000	140 000
Net Income	562 000	860 000	140 000	495 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	0
Total Current Assets	589 000	1 134 000	746 000	913 000
Total Assets	619 000	1 164 000	776 000	913 000
Total Retained Equity	77 000	15 000	635 000	495 000
Total Equity	101 000	39 000	659 000	520 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	518 000	1 125 000	117 000	394 000
Total Equity and Debt	619 000	1 164 000	776 000	913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 801 000	2 953 000	396 000	1 543 000
Other Income	0	0	0	0
Revenue	1 801 000	2 953 000	396 000	1 543 000
Cost of Goods Sold	13 000	0	0	0
Salary Costs	692 000	1 584 000	3 000	582 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 018 000	1 797 000	82 000	908 000
Operating Profit	784 000	1 156 000	314 000	635 000
Financial Income	6 000	49 000	0	0
Financial Costs	53 000	63 000	133 000	0
Financial Balance	−47 000	−14 000	−133 000	0
Dividends	500 000	350 000	0	0
Net Income	562 000	860 000	140 000	495 000

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	30 000	30 000	30 000	0
Total Fixed Assets	30 000	30 000	30 000	0
Stock	0	0	0	0
Total Investments	376 000	333 000	80 000	0
Cash, Bank	179 000	562 000	404 000	654 000
Total Current Assets	589 000	1 134 000	746 000	913 000
Total Assets	619 000	1 164 000	776 000	913 000
Total Equity	101 000	39 000	659 000	520 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	5 000	9 000	0
Unpaid Taxes	0	362 000	66 000	192 000
Dividends	500 000	350 000	0	0
Other Current Debt	67 000	153 000	1 000	61 000
Total Current Debt	518 000	1 125 000	117 000	394 000
Total Equity and Debt	619 000	1 164 000	776 000	913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	556,44 %	2 205,13 %	21,24 %	95,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,53 %	39,15 %	79,29 %	41,15 %
Current Ratio	1,14	1,01	6,38	2,32
Quick Ratio	1,14	1,01	6,38	2,32
Equity Ratio	0,16	0,03	0,85	0,57
Gross Profit Margin	99,28 %	100 %	100 %	100 %