OLA KORSVIK AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

31,03 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 819 000	10 428 000	11 044 000	9 800 000
Net Income	328 000	518 000	444 000	567 000
Total Assets	3 963 000	4 242 000	3 468 000	3 226 000
Total Equity	1 057 000	1 129 000	1 011 000	967 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 819 000	10 428 000	11 044 000	9 800 000
Expenditure	9 401 000	9 769 000	10 476 000	9 093 000
Operating Profit	418 000	660 000	568 000	707 000
Financial Income	4 000	4 000	4 000	3 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	3 000	4 000	2 000	2 000
Earnings Before Tax	421 000	664 000	570 000	709 000
Tax	93 000	146 000	126 000	142 000
Net Income	328 000	518 000	444 000	567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	699 000	869 000	983 000	471 000
Total Current Assets	3 265 000	3 373 000	2 485 000	2 755 000
Total Assets	3 963 000	4 242 000	3 468 000	3 226 000
Total Retained Equity	1 027 000	1 099 000	981 000	937 000
Total Equity	1 057 000	1 129 000	1 011 000	967 000
Total Long-Term Debt	42 000	45 000	37 000	10 000
Total Current Debt	2 864 000	3 068 000	2 420 000	2 249 000
Total Equity and Debt	3 963 000	4 242 000	3 468 000	3 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 819 000	10 428 000	11 044 000	9 800 000
Other Income	0	0	0	0
Revenue	9 819 000	10 428 000	11 044 000	9 800 000
Cost of Goods Sold	5 368 000	5 689 000	6 309 000	5 515 000
Salary Costs	3 063 000	3 146 000	3 249 000	2 795 000
Depreciation	171 000	168 000	131 000	114 000
Impairment	0	0	0	0
Expenditure	9 401 000	9 769 000	10 476 000	9 093 000
Operating Profit	418 000	660 000	568 000	707 000
Financial Income	4 000	4 000	4 000	3 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	3 000	4 000	2 000	2 000
Dividends	400 000	400 000	400 000	0
Net Income	328 000	518 000	444 000	567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 000	4 000	5 000	6 000
Machinery and Plant Facilities	0	0	50 000	40 000
Fixtures	692 000	862 000	915 000	409 000
Total Tangible Assets	694 000	866 000	970 000	455 000
Total Fiancial Fixed Assets	4 000	3 000	14 000	16 000
Total Fixed Assets	699 000	869 000	983 000	471 000
Stock	98 000	98 000	74 000	74 000
Total Investments	0	0	0	0
Cash, Bank	2 881 000	3 001 000	2 233 000	2 439 000
Total Current Assets	3 265 000	3 373 000	2 485 000	2 755 000
Total Assets	3 963 000	4 242 000	3 468 000	3 226 000
Total Equity	1 057 000	1 129 000	1 011 000	967 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	45 000	37 000	10 000
Creditors	476 000	657 000	473 000	555 000
Unpaid Taxes	231 000	247 000	130 000	194 000
Dividends	400 000	400 000	400 000	0
Other Current Debt	1 661 000	1 625 000	1 318 000	1 347 000
Total Current Debt	2 864 000	3 068 000	2 420 000	2 249 000
Total Equity and Debt	3 963 000	4 242 000	3 468 000	3 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,03 %	45,88 %	43,92 %	58,63 %
Debt-to-Equity Ratio	0,04	0,04	0,04	0,01
Operating Profit Margin	4,26 %	6,33 %	5,14 %	7,21 %
Current Ratio	1,14	1,1	1,03	1,22
Quick Ratio	1,18	1,14	1,06	1,27
Equity Ratio	0,27	0,27	0,29	0,3
Gross Profit Margin	45,33 %	45,44 %	42,87 %	43,72 %