MASKINENTREPRENØR KIM OLSEN AS

1718 GREÅKER

Finances

Share Ownership

Return on Equity

250,34 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 986 000	5 698 000	4 523 000	920 000
Net Income	1 094 000	−1 170 000	411 000	77 000
Total Assets	1 042 000	1 013 000	1 311 000	757 000
Total Equity	437 000	−657 000	513 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 986 000	5 698 000	4 523 000	920 000
Expenditure	3 295 000	7 121 000	3 961 000	819 000
Operating Profit	1 690 000	−1 423 000	562 000	100 000
Financial Income	0	0	0	0
Financial Costs	248 000	77 000	31 000	2 000
Financial Balance	−248 000	−77 000	−31 000	−2 000
Earnings Before Tax	1 442 000	−1 501 000	532 000	99 000
Tax	348 000	−331 000	120 000	22 000
Net Income	1 094 000	−1 170 000	411 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	402 000	92 000	48 000
Total Current Assets	1 004 000	612 000	1 219 000	709 000
Total Assets	1 042 000	1 013 000	1 311 000	757 000
Total Retained Equity	412 000	−682 000	488 000	77 000
Total Equity	437 000	−657 000	513 000	102 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	606 000	1 670 000	799 000	656 000
Total Equity and Debt	1 042 000	1 013 000	1 311 000	757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 864 000	5 698 000	4 523 000	920 000
Other Income	122 000	0	0	0
Revenue	4 986 000	5 698 000	4 523 000	920 000
Cost of Goods Sold	138 000	620 000	417 000	2 000
Salary Costs	1 001 000	3 796 000	1 359 000	450 000
Depreciation	21 000	56 000	39 000	0
Impairment	0	0	0	0
Expenditure	3 295 000	7 121 000	3 961 000	819 000
Operating Profit	1 690 000	−1 423 000	562 000	100 000
Financial Income	0	0	0	0
Financial Costs	248 000	77 000	31 000	2 000
Financial Balance	−248 000	−77 000	−31 000	−2 000
Dividends	0	0	0	0
Net Income	1 094 000	−1 170 000	411 000	77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	331 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 000	28 000	35 000	0
Fixtures	0	43 000	57 000	48 000
Total Tangible Assets	21 000	71 000	92 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	402 000	92 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	94 000	129 000	57 000
Total Current Assets	1 004 000	612 000	1 219 000	709 000
Total Assets	1 042 000	1 013 000	1 311 000	757 000
Total Equity	437 000	−657 000	513 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	57 000	−69 000	169 000	76 000
Unpaid Taxes	409 000	1 180 000	516 000	301 000
Dividends	0	0	0	0
Other Current Debt	104 000	460 000	−7 000	257 000
Total Current Debt	606 000	1 670 000	799 000	656 000
Total Equity and Debt	1 042 000	1 013 000	1 311 000	757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	250,34 %	178,08 %	80,12 %	75,49 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	33,89 %	−24,97 %	12,43 %	10,87 %
Current Ratio	1,66	0,37	1,53	1,08
Quick Ratio	1,66	0,37	1,53	1,08
Equity Ratio	0,42	−0,65	0,39	0,13
Gross Profit Margin	97,23 %	89,12 %	90,78 %	99,78 %