OLA GRIMSBY INSTITUTE EUROPE AS

0263 OSLO

Finances

Share Ownership

Return on Equity

26,36 %

Current Ratio

5,04

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	108 000	406 000	1 174 000
Net Income	63 000	−44 000	187 000	452 000
Total Assets	293 000	206 000	435 000	905 000
Total Equity	239 000	175 000	370 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	265 000	108 000	406 000	1 174 000
Expenditure	193 000	141 000	168 000	582 000
Operating Profit	72 000	−33 000	239 000	592 000
Financial Income	0	−6 000	4 000	0
Financial Costs	2 000	6 000	1 000	10 000
Financial Balance	−2 000	−12 000	3 000	−10 000
Earnings Before Tax	69 000	−45 000	241 000	581 000
Tax	6 000	0	54 000	129 000
Net Income	63 000	−44 000	187 000	452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	11 000	16 000	20 000
Total Current Assets	262 000	195 000	419 000	885 000
Total Assets	293 000	206 000	435 000	905 000
Total Retained Equity	209 000	145 000	340 000	452 000
Total Equity	239 000	175 000	370 000	482 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	52 000	30 000	65 000	422 000
Total Equity and Debt	293 000	206 000	435 000	905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	265 000	108 000	406 000	1 174 000
Other Income	0	0	0	0
Revenue	265 000	108 000	406 000	1 174 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	10 000	5 000	5 000	3 000
Impairment	0	0	0	0
Expenditure	193 000	141 000	168 000	582 000
Operating Profit	72 000	−33 000	239 000	592 000
Financial Income	0	−6 000	4 000	0
Financial Costs	2 000	6 000	1 000	10 000
Financial Balance	−2 000	−12 000	3 000	−10 000
Dividends	0	150 000	300 000	0
Net Income	63 000	−44 000	187 000	452 000

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	31 000	11 000	16 000	20 000
Total Tangible Assets	31 000	11 000	16 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	11 000	16 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	223 000	184 000	390 000	720 000
Total Current Assets	262 000	195 000	419 000	885 000
Total Assets	293 000	206 000	435 000	905 000
Total Equity	239 000	175 000	370 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	150 000	300 000	0
Other Current Debt	48 000	30 000	11 000	293 000
Total Current Debt	52 000	30 000	65 000	422 000
Total Equity and Debt	293 000	206 000	435 000	905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,36 %	−25,14 %	50,54 %	93,78 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	27,17 %	−30,56 %	58,87 %	50,43 %
Current Ratio	5,04	6,5	6,45	2,1
Quick Ratio	5,04	6,5	6,45	2,1
Equity Ratio	0,82	0,85	0,85	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %