OLSVOLL ENTREPRENØRSERVICE AS

5919 FREKHAUG

Finances

Share Ownership

Return on Equity

79,37 %

Current Ratio

2,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	602 000	829 000	659 000	245 000
Net Income	50 000	−56 000	78 000	0
Total Assets	108 000	156 000	191 000	43 000
Total Equity	63 000	12 000	68 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	602 000	829 000	659 000	245 000
Expenditure	529 000	906 000	570 000	245 000
Operating Profit	73 000	−78 000	89 000	0
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	73 000	−80 000	88 000	0
Tax	23 000	−24 000	11 000	0
Net Income	50 000	−56 000	78 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 000	0	0
Total Current Assets	108 000	149 000	191 000	43 000
Total Assets	108 000	156 000	191 000	43 000
Total Retained Equity	0	−18 000	38 000	−40 000
Total Equity	63 000	12 000	68 000	−10 000
Total Long-Term Debt	0	0	17 000	0
Total Current Debt	45 000	143 000	106 000	53 000
Total Equity and Debt	108 000	156 000	191 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	602 000	829 000	659 000	245 000
Other Income	0	0	0	0
Revenue	602 000	829 000	659 000	245 000
Cost of Goods Sold	305 000	272 000	187 000	53 000
Salary Costs	202 000	530 000	303 000	161 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	529 000	906 000	570 000	245 000
Operating Profit	73 000	−78 000	89 000	0
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	50 000	−56 000	78 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	7 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	7 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	78 000	107 000	43 000
Total Current Assets	108 000	149 000	191 000	43 000
Total Assets	108 000	156 000	191 000	43 000
Total Equity	63 000	12 000	68 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	17 000	0
Creditors	0	38 000	27 000	0
Unpaid Taxes	17 000	73 000	62 000	41 000
Dividends	0	0	0	0
Other Current Debt	14 000	41 000	24 000	12 000
Total Current Debt	45 000	143 000	106 000	53 000
Total Equity and Debt	108 000	156 000	191 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,37 %	−466,67 %	114,71 %	−0 %
Debt-to-Equity Ratio	0	0	0,25	−0
Operating Profit Margin	12,13 %	−9,41 %	13,51 %	0 %
Current Ratio	2,4	1,04	1,8	0,81
Quick Ratio	2,4	1,04	1,8	0,81
Equity Ratio	0,58	0,08	0,36	−0,23
Gross Profit Margin	49,34 %	67,19 %	71,62 %	78,37 %