SPINNERIET OLTEDAL AS

4333 OLTEDAL

Finances

Share Ownership

Return on Equity

−240,87 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 294 000	11 279 000	11 202 000	10 981 000
Net Income	−831 000	152 000	180 000	−1 292 000
Total Assets	4 966 000	3 256 000	3 383 000	7 976 000
Total Equity	345 000	396 000	244 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 294 000	11 279 000	11 202 000	10 981 000
Expenditure	12 273 000	11 049 000	10 589 000	12 428 000
Operating Profit	−980 000	229 000	613 000	−1 447 000
Financial Income	3 000	2 000	2 000	5 000
Financial Costs	89 000	36 000	383 000	215 000
Financial Balance	−86 000	−34 000	−381 000	−210 000
Earnings Before Tax	−1 066 000	195 000	232 000	−1 657 000
Tax	−234 000	43 000	51 000	−364 000
Net Income	−831 000	152 000	180 000	−1 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 000	270 000	74 000	76 000
Total Current Assets	4 678 000	2 986 000	3 308 000	7 901 000
Total Assets	4 966 000	3 256 000	3 383 000	7 976 000
Total Retained Equity	0	332 000	180 000	0
Total Equity	345 000	396 000	244 000	64 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 622 000	2 860 000	3 139 000	7 912 000
Total Equity and Debt	4 966 000	3 256 000	3 383 000	7 976 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 250 000	11 258 000	11 202 000	10 981 000
Other Income	44 000	21 000	0	0
Revenue	11 294 000	11 279 000	11 202 000	10 981 000
Cost of Goods Sold	6 149 000	5 582 000	6 088 000	7 383 000
Salary Costs	3 937 000	3 666 000	3 061 000	3 430 000
Depreciation	100 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	12 273 000	11 049 000	10 589 000	12 428 000
Operating Profit	−980 000	229 000	613 000	−1 447 000
Financial Income	3 000	2 000	2 000	5 000
Financial Costs	89 000	36 000	383 000	215 000
Financial Balance	−86 000	−34 000	−381 000	−210 000
Dividends	0	0	0	0
Net Income	−831 000	152 000	180 000	−1 292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	61 000	74 000	76 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	200 000	209 000	0	0
Total Tangible Assets	200 000	209 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	289 000	270 000	74 000	76 000
Stock	3 493 000	2 796 000	3 046 000	3 089 000
Total Investments	0	0	0	0
Cash, Bank	141 000	153 000	187 000	249 000
Total Current Assets	4 678 000	2 986 000	3 308 000	7 901 000
Total Assets	4 966 000	3 256 000	3 383 000	7 976 000
Total Equity	345 000	396 000	244 000	64 000
Short-Term Group Debt	3 679 000	1 549 000	1 987 000	6 771 000
Total Long-Term Debt	0	0	0	0
Creditors	183 000	453 000	182 000	168 000
Unpaid Taxes	215 000	261 000	402 000	345 000
Dividends	0	0	0	0
Other Current Debt	533 000	568 000	517 000	544 000
Total Current Debt	4 622 000	2 860 000	3 139 000	7 912 000
Total Equity and Debt	4 966 000	3 256 000	3 383 000	7 976 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−240,87 %	38,38 %	73,77 %	−2 018,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,68 %	2,03 %	5,47 %	−13,18 %
Current Ratio	1,01	1,04	1,05	1
Quick Ratio	4,14	46,66	35,57	1,64
Equity Ratio	0,07	0,12	0,07	0,01
Gross Profit Margin	45,56 %	50,51 %	45,65 %	32,77 %