RASMUS F OLSENS REDERI AS

5012 BERGEN

Finances

Return on Equity

40,5 %

Current Ratio

74,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	12 000	12 000	12 000
Net Income	763 000	921 000	194 000	−131 000
Total Assets	1 908 000	1 147 000	824 000	631 000
Total Equity	1 884 000	1 120 000	200 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	12 000	12 000	12 000
Expenditure	45 000	13 000	73 000	38 000
Operating Profit	−33 000	−1 000	−61 000	−26 000
Financial Income	796 000	929 000	255 000	5 000
Financial Costs	0	7 000	0	110 000
Financial Balance	796 000	922 000	255 000	−105 000
Earnings Before Tax	763 000	921 000	194 000	−131 000
Tax	0	0	0	0
Net Income	763 000	921 000	194 000	−131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	633 000	582 000	367 000
Total Current Assets	1 778 000	514 000	243 000	264 000
Total Assets	1 908 000	1 147 000	824 000	631 000
Total Retained Equity	184 000	−580 000	−1 500 000	−1 694 000
Total Equity	1 884 000	1 120 000	200 000	6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 000	26 000	625 000	625 000
Total Equity and Debt	1 908 000	1 147 000	824 000	631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	12 000	12 000	12 000
Other Income	0	0	0	0
Revenue	12 000	12 000	12 000	12 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	13 000	73 000	38 000
Operating Profit	−33 000	−1 000	−61 000	−26 000
Financial Income	796 000	929 000	255 000	5 000
Financial Costs	0	7 000	0	110 000
Financial Balance	796 000	922 000	255 000	−105 000
Dividends	0	0	0	0
Net Income	763 000	921 000	194 000	−131 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	130 000	633 000	582 000	367 000
Total Fixed Assets	130 000	633 000	582 000	367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 378 000	514 000	242 000	264 000
Total Current Assets	1 778 000	514 000	243 000	264 000
Total Assets	1 908 000	1 147 000	824 000	631 000
Total Equity	1 884 000	1 120 000	200 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	19 000	19 000
Dividends	0	0	0	0
Other Current Debt	24 000	26 000	606 000	606 000
Total Current Debt	24 000	26 000	625 000	625 000
Total Equity and Debt	1 908 000	1 147 000	824 000	631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,5 %	82,23 %	97 %	−2 183,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−275 %	−8,33 %	−508,33 %	−216,67 %
Current Ratio	74,08	19,77	0,39	0,42
Quick Ratio	74,08	19,77	0,39	0,42
Equity Ratio	0,99	0,98	0,24	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %