OLSENS ENKE DRAMMEN AS

3027 DRAMMEN

Finances

Share Ownership

Return on Equity

32,64 %

Current Ratio

2,61

Debt-to-Equity Ratio

3,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 662 000	19 799 000	22 069 000	14 058 000
Net Income	565 000	1 571 000	2 568 000	−436 000
Total Assets	11 127 000	10 173 000	7 237 000	7 211 000
Total Equity	1 731 000	1 166 000	595 000	527 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 662 000	19 799 000	22 069 000	14 058 000
Expenditure	18 542 000	17 698 000	18 536 000	14 476 000
Operating Profit	1 120 000	2 102 000	3 533 000	−419 000
Financial Income	2 000	0	0	1 000
Financial Costs	395 000	88 000	241 000	141 000
Financial Balance	−393 000	−88 000	−241 000	−140 000
Earnings Before Tax	727 000	2 014 000	3 293 000	−559 000
Tax	162 000	443 000	724 000	−123 000
Net Income	565 000	1 571 000	2 568 000	−436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 699 000	1 643 000	553 000	486 000
Total Current Assets	9 428 000	8 531 000	6 684 000	6 725 000
Total Assets	11 127 000	10 173 000	7 237 000	7 211 000
Total Retained Equity	1 203 000	639 000	68 000	0
Total Equity	1 731 000	1 166 000	595 000	527 000
Total Long-Term Debt	5 778 000	3 282 000	317 000	3 903 000
Total Current Debt	3 618 000	5 726 000	6 325 000	2 781 000
Total Equity and Debt	11 127 000	10 173 000	7 237 000	7 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 655 000	19 793 000	22 063 000	14 057 000
Other Income	6 000	6 000	6 000	1 000
Revenue	19 662 000	19 799 000	22 069 000	14 058 000
Cost of Goods Sold	9 753 000	9 312 000	10 812 000	6 903 000
Salary Costs	4 021 000	4 005 000	3 899 000	3 606 000
Depreciation	168 000	161 000	147 000	88 000
Impairment	0	0	0	0
Expenditure	18 542 000	17 698 000	18 536 000	14 476 000
Operating Profit	1 120 000	2 102 000	3 533 000	−419 000
Financial Income	2 000	0	0	1 000
Financial Costs	395 000	88 000	241 000	141 000
Financial Balance	−393 000	−88 000	−241 000	−140 000
Dividends	0	1 000 000	2 500 000	0
Net Income	565 000	1 571 000	2 568 000	−436 000

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	59 000	67 000	75 000	0
Fixtures	390 000	326 000	478 000	486 000
Total Tangible Assets	449 000	393 000	553 000	486 000
Total Fiancial Fixed Assets	1 250 000	1 250 000	0	0
Total Fixed Assets	1 699 000	1 643 000	553 000	486 000
Stock	7 771 000	4 759 000	2 630 000	2 815 000
Total Investments	0	0	0	0
Cash, Bank	1 049 000	1 739 000	2 104 000	935 000
Total Current Assets	9 428 000	8 531 000	6 684 000	6 725 000
Total Assets	11 127 000	10 173 000	7 237 000	7 211 000
Total Equity	1 731 000	1 166 000	595 000	527 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 778 000	3 282 000	317 000	3 903 000
Creditors	2 319 000	2 680 000	1 773 000	1 857 000
Unpaid Taxes	744 000	794 000	981 000	567 000
Dividends	0	1 000 000	2 500 000	0
Other Current Debt	391 000	798 000	348 000	356 000
Total Current Debt	3 618 000	5 726 000	6 325 000	2 781 000
Total Equity and Debt	11 127 000	10 173 000	7 237 000	7 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,64 %	134,73 %	431,6 %	−82,73 %
Debt-to-Equity Ratio	3,34	2,81	0,53	7,41
Operating Profit Margin	5,7 %	10,62 %	16,01 %	−2,98 %
Current Ratio	2,61	1,49	1,06	2,42
Quick Ratio	−2,27	8,82	1,81	−197,79
Equity Ratio	0,16	0,11	0,08	0,07
Gross Profit Margin	50,4 %	52,97 %	51,01 %	50,9 %