OLSENS ENKE SANDE AS

3072 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

47,25 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 902 000	19 949 000	20 010 000	14 556 000
Net Income	1 314 000	3 006 000	3 003 000	970 000
Total Assets	8 327 000	7 985 000	7 844 000	4 200 000
Total Equity	2 781 000	1 467 000	1 461 000	1 458 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 902 000	19 949 000	20 010 000	14 556 000
Expenditure	16 093 000	16 109 000	15 990 000	13 243 000
Operating Profit	1 810 000	3 841 000	4 020 000	1 314 000
Financial Income	57 000	38 000	10 000	0
Financial Costs	176 000	25 000	179 000	72 000
Financial Balance	−119 000	13 000	−169 000	−72 000
Earnings Before Tax	1 691 000	3 854 000	3 851 000	1 243 000
Tax	377 000	848 000	848 000	274 000
Net Income	1 314 000	3 006 000	3 003 000	970 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 980 000	2 530 000	2 605 000	418 000
Total Current Assets	6 347 000	5 455 000	5 240 000	3 782 000
Total Assets	8 327 000	7 985 000	7 844 000	4 200 000
Total Retained Equity	2 281 000	967 000	961 000	958 000
Total Equity	2 781 000	1 467 000	1 461 000	1 458 000
Total Long-Term Debt	2 597 000	4 000	11 000	434 000
Total Current Debt	2 949 000	6 514 000	6 372 000	2 308 000
Total Equity and Debt	8 327 000	7 985 000	7 844 000	4 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 883 000	19 949 000	20 001 000	14 553 000
Other Income	19 000	0	9 000	4 000
Revenue	17 902 000	19 949 000	20 010 000	14 556 000
Cost of Goods Sold	8 686 000	9 226 000	9 660 000	7 098 000
Salary Costs	3 705 000	3 545 000	3 282 000	3 074 000
Depreciation	156 000	166 000	145 000	90 000
Impairment	0	0	0	0
Expenditure	16 093 000	16 109 000	15 990 000	13 243 000
Operating Profit	1 810 000	3 841 000	4 020 000	1 314 000
Financial Income	57 000	38 000	10 000	0
Financial Costs	176 000	25 000	179 000	72 000
Financial Balance	−119 000	13 000	−169 000	−72 000
Dividends	0	3 000 000	3 000 000	0
Net Income	1 314 000	3 006 000	3 003 000	970 000

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	111 000	127 000	143 000	0
Fixtures	267 000	357 000	454 000	418 000
Total Tangible Assets	378 000	484 000	597 000	418 000
Total Fiancial Fixed Assets	1 602 000	2 046 000	2 008 000	0
Total Fixed Assets	1 980 000	2 530 000	2 605 000	418 000
Stock	5 231 000	3 117 000	2 409 000	2 290 000
Total Investments	0	0	0	0
Cash, Bank	972 000	1 693 000	2 069 000	611 000
Total Current Assets	6 347 000	5 455 000	5 240 000	3 782 000
Total Assets	8 327 000	7 985 000	7 844 000	4 200 000
Total Equity	2 781 000	1 467 000	1 461 000	1 458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 597 000	4 000	11 000	434 000
Creditors	1 746 000	1 637 000	1 630 000	1 282 000
Unpaid Taxes	417 000	534 000	598 000	434 000
Dividends	0	3 000 000	3 000 000	0
Other Current Debt	405 000	488 000	304 000	322 000
Total Current Debt	2 949 000	6 514 000	6 372 000	2 308 000
Total Equity and Debt	8 327 000	7 985 000	7 844 000	4 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,25 %	204,91 %	205,54 %	66,53 %
Debt-to-Equity Ratio	0,93	0	0,01	0,3
Operating Profit Margin	10,11 %	19,25 %	20,09 %	9,03 %
Current Ratio	2,15	0,84	0,82	1,64
Quick Ratio	−2,78	1,61	1,32	210,11
Equity Ratio	0,33	0,18	0,19	0,35
Gross Profit Margin	51,48 %	53,75 %	51,72 %	51,24 %