OLAVESEN EIENDOM AS

1639 GAMLE FREDRIKSTAD

Finances

Return on Equity

258,33 %

Current Ratio

Debt-to-Equity Ratio

−51,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	331 000	378 000	342 000	59 000
Net Income	−279 000	84 000	95 000	−58 000
Total Assets	5 434 000	4 666 000	4 674 000	4 614 000
Total Equity	−108 000	171 000	87 000	−8 000

Income (NOK)	2022	2021	2020	2019
Revenue	331 000	378 000	342 000	59 000
Expenditure	423 000	139 000	122 000	76 000
Operating Profit	−92 000	239 000	220 000	−17 000
Financial Income	0	0	0	0
Financial Costs	187 000	132 000	115 000	41 000
Financial Balance	−187 000	−132 000	−115 000	−41 000
Earnings Before Tax	−279 000	107 000	105 000	−58 000
Tax	0	24 000	10 000	0
Net Income	−279 000	84 000	95 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 410 000	4 595 000	4 595 000	4 435 000
Total Current Assets	25 000	72 000	79 000	180 000
Total Assets	5 434 000	4 666 000	4 674 000	4 614 000
Total Retained Equity	−158 000	121 000	37 000	−58 000
Total Equity	−108 000	171 000	87 000	−8 000
Total Long-Term Debt	5 541 000	4 472 000	4 545 000	4 615 000
Total Current Debt	1 000	24 000	42 000	8 000
Total Equity and Debt	5 434 000	4 666 000	4 674 000	4 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	331 000	378 000	342 000	59 000
Revenue	331 000	378 000	342 000	59 000
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	423 000	139 000	122 000	76 000
Operating Profit	−92 000	239 000	220 000	−17 000
Financial Income	0	0	0	0
Financial Costs	187 000	132 000	115 000	41 000
Financial Balance	−187 000	−132 000	−115 000	−41 000
Dividends	0	0	0	0
Net Income	−279 000	84 000	95 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 410 000	4 410 000	4 410 000	4 410 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 410 000	4 410 000	4 410 000	4 410 000
Total Fiancial Fixed Assets	1 000 000	185 000	185 000	25 000
Total Fixed Assets	5 410 000	4 595 000	4 595 000	4 435 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	71 000	78 000	179 000
Total Current Assets	25 000	72 000	79 000	180 000
Total Assets	5 434 000	4 666 000	4 674 000	4 614 000
Total Equity	−108 000	171 000	87 000	−8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 541 000	4 472 000	4 545 000	4 615 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	32 000	8 000
Total Current Debt	1 000	24 000	42 000	8 000
Total Equity and Debt	5 434 000	4 666 000	4 674 000	4 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	258,33 %	49,12 %	109,2 %	725 %
Debt-to-Equity Ratio	−51,31	26,15	52,24	−576,88
Operating Profit Margin	−27,79 %	63,23 %	64,33 %	−28,81 %
Current Ratio	25	3	1,88	22,5
Quick Ratio	25	3	1,88	22,5
Equity Ratio	−0,02	0,04	0,02	−0
Gross Profit Margin	100 %	100 %	100 %	100 %