OLAFLATEN AS

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

26,95 %

Current Ratio

0,36

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	513 000	582 000	574 000	550 000
Net Income	262 000	113 000	324 000	120 000
Total Assets	1 479 000	1 010 000	921 000	888 000
Total Equity	972 000	709 000	596 000	472 000

Income (NOK)	2022	2021	2020	2019
Revenue	513 000	582 000	574 000	550 000
Expenditure	172 000	437 000	155 000	384 000
Operating Profit	341 000	146 000	419 000	166 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	4 000	13 000
Financial Balance	−5 000	−1 000	−4 000	−13 000
Earnings Before Tax	336 000	145 000	415 000	154 000
Tax	74 000	32 000	91 000	34 000
Net Income	262 000	113 000	324 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 315 000	988 000	817 000	861 000
Total Current Assets	165 000	22 000	104 000	27 000
Total Assets	1 479 000	1 010 000	921 000	888 000
Total Retained Equity	869 000	606 000	493 000	370 000
Total Equity	972 000	709 000	596 000	472 000
Total Long-Term Debt	54 000	43 000	38 000	223 000
Total Current Debt	453 000	257 000	287 000	193 000
Total Equity and Debt	1 479 000	1 010 000	921 000	888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	513 000	582 000	574 000	550 000
Other Income	0	0	0	0
Revenue	513 000	582 000	574 000	550 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	48 000	45 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	172 000	437 000	155 000	384 000
Operating Profit	341 000	146 000	419 000	166 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	4 000	13 000
Financial Balance	−5 000	−1 000	−4 000	−13 000
Dividends	0	0	200 000	0
Net Income	262 000	113 000	324 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 315 000	988 000	817 000	861 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 315 000	988 000	817 000	861 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 315 000	988 000	817 000	861 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	7 000	91 000	25 000
Total Current Assets	165 000	22 000	104 000	27 000
Total Assets	1 479 000	1 010 000	921 000	888 000
Total Equity	972 000	709 000	596 000	472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	43 000	38 000	223 000
Creditors	388 000	108 000	0	164 000
Unpaid Taxes	0	0	2 000	2 000
Dividends	0	0	200 000	0
Other Current Debt	2 000	123 000	0	0
Total Current Debt	453 000	257 000	287 000	193 000
Total Equity and Debt	1 479 000	1 010 000	921 000	888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,95 %	15,94 %	54,36 %	25,42 %
Debt-to-Equity Ratio	0,06	0,06	0,06	0,47
Operating Profit Margin	66,47 %	25,09 %	73 %	30,18 %
Current Ratio	0,36	0,09	0,36	0,14
Quick Ratio	0,36	0,09	0,36	0,14
Equity Ratio	0,66	0,7	0,65	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %