OLDERFJORD AS

9180 SKJERVØY

Finances

Return on Equity

87,5 %

Current Ratio

1,09

Debt-to-Equity Ratio

3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 495 000	2 621 000	2 817 000	3 077 000
Net Income	392 000	−149 000	168 000	−17 000
Total Assets	2 843 000	2 525 000	2 769 000	3 087 000
Total Equity	448 000	56 000	205 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 495 000	2 621 000	2 817 000	3 077 000
Expenditure	3 882 000	2 704 000	2 485 000	2 970 000
Operating Profit	614 000	−84 000	332 000	107 000
Financial Income	0	0	0	0
Financial Costs	112 000	107 000	115 000	119 000
Financial Balance	−112 000	−107 000	−115 000	−119 000
Earnings Before Tax	503 000	−190 000	217 000	−12 000
Tax	111 000	−41 000	49 000	5 000
Net Income	392 000	−149 000	168 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 076 000	2 318 000	2 459 000	2 604 000
Total Current Assets	767 000	207 000	310 000	483 000
Total Assets	2 843 000	2 525 000	2 769 000	3 087 000
Total Retained Equity	418 000	26 000	175 000	7 000
Total Equity	448 000	56 000	205 000	37 000
Total Long-Term Debt	1 694 000	1 823 000	2 378 000	2 615 000
Total Current Debt	702 000	646 000	186 000	435 000
Total Equity and Debt	2 843 000	2 525 000	2 769 000	3 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 495 000	2 621 000	2 817 000	3 077 000
Other Income	0	0	0	0
Revenue	4 495 000	2 621 000	2 817 000	3 077 000
Cost of Goods Sold	7 000	0	0	57 000
Salary Costs	2 428 000	1 724 000	866 000	1 458 000
Depreciation	242 000	247 000	227 000	197 000
Impairment	0	0	0	0
Expenditure	3 882 000	2 704 000	2 485 000	2 970 000
Operating Profit	614 000	−84 000	332 000	107 000
Financial Income	0	0	0	0
Financial Costs	112 000	107 000	115 000	119 000
Financial Balance	−112 000	−107 000	−115 000	−119 000
Dividends	0	0	0	0
Net Income	392 000	−149 000	168 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	700 000	700 000	700 000	700 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	192 000	299 000	291 000	288 000
Total Tangible Assets	1 366 000	1 608 000	1 749 000	1 894 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	2 076 000	2 318 000	2 459 000	2 604 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	696 000	162 000	310 000	384 000
Total Current Assets	767 000	207 000	310 000	483 000
Total Assets	2 843 000	2 525 000	2 769 000	3 087 000
Total Equity	448 000	56 000	205 000	37 000
Short-Term Group Debt	0	0	0	48 000
Total Long-Term Debt	1 694 000	1 823 000	2 378 000	2 615 000
Creditors	187 000	151 000	101 000	−23 000
Unpaid Taxes	443 000	496 000	61 000	390 000
Dividends	0	0	0	0
Other Current Debt	3 000	0	24 000	20 000
Total Current Debt	702 000	646 000	186 000	435 000
Total Equity and Debt	2 843 000	2 525 000	2 769 000	3 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,5 %	−266,07 %	81,95 %	−45,95 %
Debt-to-Equity Ratio	3,78	32,55	11,6	70,68
Operating Profit Margin	13,66 %	−3,2 %	11,79 %	3,48 %
Current Ratio	1,09	0,32	1,67	1,11
Quick Ratio	1,09	0,32	1,67	1,11
Equity Ratio	0,16	0,02	0,07	0,01
Gross Profit Margin	99,84 %	100 %	100 %	98,15 %