OLE & CO AS

1738 BORGENHAUGEN

Finances

Return on Equity

92,43 %

Current Ratio

7,87

Debt-to-Equity Ratio

−9,09

Key figures (NOK)	2021	2020	2019
Revenue	19 845 000	4 349 000	0
Net Income	−4 505 000	−2 884 000	−526 000
Total Assets	40 984 000	39 830 000	38 920 000
Total Equity	−4 874 000	−3 370 000	−486 000

Income (NOK)	2021	2020	2019
Revenue	19 845 000	4 349 000	0
Expenditure	19 480 000	5 785 000	655 000
Operating Profit	365 000	−1 436 000	−655 000
Financial Income	0	32 000	23 000
Financial Costs	4 869 000	1 331 000	42 000
Financial Balance	−4 869 000	−1 299 000	−19 000
Earnings Before Tax	−4 505 000	−2 735 000	−674 000
Tax	0	148 000	−148 000
Net Income	−4 505 000	−2 884 000	−526 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	28 662 000	28 099 000	26 989 000
Total Current Assets	12 323 000	11 731 000	11 931 000
Total Assets	40 984 000	39 830 000	38 920 000
Total Retained Equity	−7 914 000	−3 409 000	−526 000
Total Equity	−4 874 000	−3 370 000	−486 000
Total Long-Term Debt	44 293 000	39 436 000	38 916 000
Total Current Debt	1 566 000	3 764 000	490 000
Total Equity and Debt	40 984 000	39 830 000	38 920 000

Cash flow (NOK)	2021	2020	2019
Sales Income	19 845 000	0	0
Other Income	0	4 349 000	0
Revenue	19 845 000	4 349 000	0
Cost of Goods Sold	19 098 000	5 079 000	8 000
Salary Costs	0	212 000	310 000
Depreciation	23 000	20 000	4 000
Impairment	0	0	0
Expenditure	19 480 000	5 785 000	655 000
Operating Profit	365 000	−1 436 000	−655 000
Financial Income	0	32 000	23 000
Financial Costs	4 869 000	1 331 000	42 000
Financial Balance	−4 869 000	−1 299 000	−19 000
Dividends	0	0	0
Net Income	−4 505 000	−2 884 000	−526 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	148 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	70 000	93 000	54 000
Total Tangible Assets	70 000	93 000	54 000
Total Fiancial Fixed Assets	28 592 000	28 006 000	26 787 000
Total Fixed Assets	28 662 000	28 099 000	26 989 000
Stock	6 900 000	11 492 000	11 807 000
Total Investments	0	0	0
Cash, Bank	91 000	210 000	100 000
Total Current Assets	12 323 000	11 731 000	11 931 000
Total Assets	40 984 000	39 830 000	38 920 000
Total Equity	−4 874 000	−3 370 000	−486 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	44 293 000	39 436 000	38 916 000
Creditors	641 000	30 000	414 000
Unpaid Taxes	0	24 000	47 000
Dividends	0	0	0
Other Current Debt	924 000	3 711 000	28 000
Total Current Debt	1 566 000	3 764 000	490 000
Total Equity and Debt	40 984 000	39 830 000	38 920 000

Financial indicators	2021	2020	2019
Return on Equity	92,43 %	85,58 %	108,23 %
Debt-to-Equity Ratio	−9,09	−11,7	−80,07
Operating Profit Margin	1,84 %	−33,02 %	-
Current Ratio	7,87	3,12	24,35
Quick Ratio	−2,31	−1,52	−1,05
Equity Ratio	−0,12	−0,08	−0,01
Gross Profit Margin	3,76 %	−16,79 %	-