ØLEN BYGGSERVICE AS

5580 ØLEN

Finances

Share Ownership

Return on Equity

97,24 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 904 000	9 286 000	8 795 000	7 144 000
Net Income	422 000	−49 000	113 000	98 000
Total Assets	1 967 000	1 868 000	3 503 000	3 164 000
Total Equity	434 000	13 000	2 382 000	2 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 904 000	9 286 000	8 795 000	7 144 000
Expenditure	10 382 000	9 313 000	8 610 000	7 021 000
Operating Profit	522 000	−27 000	184 000	122 000
Financial Income	1 000	0	1 000	8 000
Financial Costs	32 000	22 000	20 000	11 000
Financial Balance	−31 000	−22 000	−19 000	−3 000
Earnings Before Tax	491 000	−49 000	165 000	120 000
Tax	69 000	0	52 000	22 000
Net Income	422 000	−49 000	113 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	571 000	613 000	363 000	863 000
Total Current Assets	1 395 000	1 255 000	3 140 000	2 302 000
Total Assets	1 967 000	1 868 000	3 503 000	3 164 000
Total Retained Equity	374 000	−47 000	211 000	98 000
Total Equity	434 000	13 000	2 382 000	2 669 000
Total Long-Term Debt	415 000	490 000	157 000	187 000
Total Current Debt	1 117 000	1 366 000	964 000	308 000
Total Equity and Debt	1 967 000	1 868 000	3 503 000	3 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 864 000	9 243 000	8 795 000	7 139 000
Other Income	40 000	43 000	0	5 000
Revenue	10 904 000	9 286 000	8 795 000	7 144 000
Cost of Goods Sold	7 154 000	5 359 000	6 087 000	4 952 000
Salary Costs	1 896 000	2 804 000	1 316 000	1 017 000
Depreciation	162 000	135 000	123 000	138 000
Impairment	0	0	0	0
Expenditure	10 382 000	9 313 000	8 610 000	7 021 000
Operating Profit	522 000	−27 000	184 000	122 000
Financial Income	1 000	0	1 000	8 000
Financial Costs	32 000	22 000	20 000	11 000
Financial Balance	−31 000	−22 000	−19 000	−3 000
Dividends	0	2 320 000	400 000	0
Net Income	422 000	−49 000	113 000	98 000

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	571 000	613 000	359 000	451 000
Total Tangible Assets	571 000	613 000	359 000	451 000
Total Fiancial Fixed Assets	0	0	4 000	412 000
Total Fixed Assets	571 000	613 000	363 000	863 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	288 000	757 000	2 119 000	1 528 000
Total Current Assets	1 395 000	1 255 000	3 140 000	2 302 000
Total Assets	1 967 000	1 868 000	3 503 000	3 164 000
Total Equity	434 000	13 000	2 382 000	2 669 000
Short-Term Group Debt	0	1 000	0	27 000
Total Long-Term Debt	415 000	490 000	157 000	187 000
Creditors	264 000	22 000	339 000	83 000
Unpaid Taxes	344 000	995 000	239 000	95 000
Dividends	0	2 320 000	400 000	0
Other Current Debt	444 000	348 000	333 000	81 000
Total Current Debt	1 117 000	1 366 000	964 000	308 000
Total Equity and Debt	1 967 000	1 868 000	3 503 000	3 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,24 %	−376,92 %	4,74 %	3,67 %
Debt-to-Equity Ratio	0,96	37,69	0,07	0,07
Operating Profit Margin	4,79 %	−0,29 %	2,09 %	1,71 %
Current Ratio	1,25	0,92	3,26	7,47
Quick Ratio	1,25	0,92	3,26	7,47
Equity Ratio	0,22	0,01	0,68	0,84
Gross Profit Margin	34,39 %	42,29 %	30,79 %	30,68 %