OLSVIK GARD AS

6150 ØRSTA

Finances

Share Ownership

Return on Equity

−23,53 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 000	0	0	0
Net Income	−4 000	−2 000	−2 000	1 000
Total Assets	50 000	44 000	45 000	26 000
Total Equity	17 000	21 000	23 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 000	0	0	0
Expenditure	91 000	3 000	3 000	0
Operating Profit	−5 000	−3 000	−3 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−5 000	−3 000	−3 000	0
Tax	−1 000	−1 000	−1 000	−1 000
Net Income	−4 000	−2 000	−2 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	2 000	2 000	1 000
Total Current Assets	46 000	42 000	43 000	24 000
Total Assets	50 000	44 000	45 000	26 000
Total Retained Equity	−13 000	−9 000	−7 000	−4 000
Total Equity	17 000	21 000	23 000	26 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 000	23 000	21 000	0
Total Equity and Debt	50 000	44 000	45 000	26 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 000	0	0	0
Other Income	0	0	0	0
Revenue	86 000	0	0	0
Cost of Goods Sold	88 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	91 000	3 000	3 000	0
Operating Profit	−5 000	−3 000	−3 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−4 000	−2 000	−2 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	2 000	2 000	1 000
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	4 000	2 000	2 000	1 000
Stock	42 000	37 000	24 000	0
Total Investments	0	0	0	0
Cash, Bank	3 000	4 000	19 000	24 000
Total Current Assets	46 000	42 000	43 000	24 000
Total Assets	50 000	44 000	45 000	26 000
Total Equity	17 000	21 000	23 000	26 000
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	0	0
Dividends	0	0	0	0
Other Current Debt	33 000	23 000	21 000	0
Total Current Debt	33 000	23 000	21 000	0
Total Equity and Debt	50 000	44 000	45 000	26 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,53 %	−9,52 %	−8,7 %	3,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,81 %	-	-	-
Current Ratio	1,39	1,83	2,05	-
Quick Ratio	−5,11	−3	−14,33	-
Equity Ratio	0,34	0,48	0,51	1
Gross Profit Margin	−2,33 %	-	-	-