OLSTAD MASKINSERVICE AS

4865 ÅMLI

Finances

Share Ownership

Return on Equity

37,57 %

Current Ratio

1,41

Debt-to-Equity Ratio

4,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 522 000	2 326 000	1 895 000	1 124 000
Net Income	136 000	207 000	182 000	−192 000
Total Assets	2 864 000	2 758 000	2 631 000	2 436 000
Total Equity	362 000	227 000	20 000	−162 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 522 000	2 326 000	1 895 000	1 124 000
Expenditure	2 259 000	1 997 000	1 635 000	1 284 000
Operating Profit	264 000	328 000	259 000	−161 000
Financial Income	0	0	0	0
Financial Costs	90 000	65 000	78 000	31 000
Financial Balance	−90 000	−65 000	−78 000	−31 000
Earnings Before Tax	174 000	263 000	182 000	−192 000
Tax	38 000	57 000	0	0
Net Income	136 000	207 000	182 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 874 000	1 991 000	2 089 000	2 033 000
Total Current Assets	990 000	768 000	542 000	403 000
Total Assets	2 864 000	2 758 000	2 631 000	2 436 000
Total Retained Equity	332 000	197 000	−10 000	−192 000
Total Equity	362 000	227 000	20 000	−162 000
Total Long-Term Debt	1 799 000	1 914 000	2 029 000	2 000 000
Total Current Debt	702 000	617 000	582 000	598 000
Total Equity and Debt	2 864 000	2 758 000	2 631 000	2 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 499 000	2 326 000	1 895 000	1 071 000
Other Income	23 000	0	0	53 000
Revenue	2 522 000	2 326 000	1 895 000	1 124 000
Cost of Goods Sold	1 243 000	917 000	732 000	584 000
Salary Costs	467 000	590 000	506 000	280 000
Depreciation	163 000	155 000	146 000	91 000
Impairment	0	0	0	0
Expenditure	2 259 000	1 997 000	1 635 000	1 284 000
Operating Profit	264 000	328 000	259 000	−161 000
Financial Income	0	0	0	0
Financial Costs	90 000	65 000	78 000	31 000
Financial Balance	−90 000	−65 000	−78 000	−31 000
Dividends	0	0	0	0
Net Income	136 000	207 000	182 000	−192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 689 000	1 796 000	1 909 000	2 017 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	184 000	195 000	179 000	16 000
Total Tangible Assets	1 874 000	1 991 000	2 089 000	2 033 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 874 000	1 991 000	2 089 000	2 033 000
Stock	40 000	64 000	63 000	0
Total Investments	0	0	0	0
Cash, Bank	474 000	221 000	261 000	372 000
Total Current Assets	990 000	768 000	542 000	403 000
Total Assets	2 864 000	2 758 000	2 631 000	2 436 000
Total Equity	362 000	227 000	20 000	−162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 799 000	1 914 000	2 029 000	2 000 000
Creditors	120 000	143 000	86 000	125 000
Unpaid Taxes	148 000	79 000	67 000	59 000
Dividends	0	0	0	0
Other Current Debt	394 000	342 000	429 000	413 000
Total Current Debt	702 000	617 000	582 000	598 000
Total Equity and Debt	2 864 000	2 758 000	2 631 000	2 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,57 %	91,19 %	910 %	118,52 %
Debt-to-Equity Ratio	4,97	8,43	101,45	−12,35
Operating Profit Margin	10,47 %	14,1 %	13,67 %	−14,32 %
Current Ratio	1,41	1,24	0,93	0,67
Quick Ratio	1,5	1,39	1,04	0,67
Equity Ratio	0,13	0,08	0,01	−0,07
Gross Profit Margin	50,71 %	60,58 %	61,37 %	48,04 %