OLDERFJORD BRØYTESERVICE AS

8313 KLEPPSTAD

Finances

Share Ownership

Return on Equity

−51,85 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	656 000	799 000	1 029 000	263 000
Net Income	−126 000	143 000	139 000	51 000
Total Assets	471 000	628 000	355 000	284 000
Total Equity	243 000	369 000	226 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	656 000	799 000	1 029 000	263 000
Expenditure	784 000	618 000	845 000	194 000
Operating Profit	−128 000	182 000	184 000	69 000
Financial Income	2 000	2 000	0	0
Financial Costs	0	0	6 000	5 000
Financial Balance	2 000	2 000	−6 000	−5 000
Earnings Before Tax	−126 000	183 000	179 000	64 000
Tax	0	40 000	39 000	13 000
Net Income	−126 000	143 000	139 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	223 000	228 000	109 000	0
Total Current Assets	248 000	399 000	246 000	284 000
Total Assets	471 000	628 000	355 000	284 000
Total Retained Equity	206 000	332 000	189 000	51 000
Total Equity	243 000	369 000	226 000	82 000
Total Long-Term Debt	91 000	89 000	55 000	59 000
Total Current Debt	137 000	170 000	74 000	142 000
Total Equity and Debt	471 000	628 000	355 000	284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	656 000	799 000	1 029 000	263 000
Other Income	0	0	0	0
Revenue	656 000	799 000	1 029 000	263 000
Cost of Goods Sold	3 000	0	4 000	1 000
Salary Costs	251 000	35 000	0	0
Depreciation	21 000	22 000	10 000	0
Impairment	0	0	0	0
Expenditure	784 000	618 000	845 000	194 000
Operating Profit	−128 000	182 000	184 000	69 000
Financial Income	2 000	2 000	0	0
Financial Costs	0	0	6 000	5 000
Financial Balance	2 000	2 000	−6 000	−5 000
Dividends	0	0	0	0
Net Income	−126 000	143 000	139 000	51 000

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	103 000	87 000	109 000	0
Fixtures	0	0	0	0
Total Tangible Assets	103 000	87 000	109 000	0
Total Fiancial Fixed Assets	120 000	141 000	0	0
Total Fixed Assets	223 000	228 000	109 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	232 000	15 000	246 000	280 000
Total Current Assets	248 000	399 000	246 000	284 000
Total Assets	471 000	628 000	355 000	284 000
Total Equity	243 000	369 000	226 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	89 000	55 000	59 000
Creditors	84 000	35 000	38 000	109 000
Unpaid Taxes	31 000	67 000	21 000	21 000
Dividends	0	0	0	0
Other Current Debt	22 000	3 000	0	0
Total Current Debt	137 000	170 000	74 000	142 000
Total Equity and Debt	471 000	628 000	355 000	284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,85 %	38,75 %	61,5 %	62,2 %
Debt-to-Equity Ratio	0,37	0,24	0,24	0,72
Operating Profit Margin	−19,51 %	22,78 %	17,88 %	26,24 %
Current Ratio	1,81	2,35	3,32	2
Quick Ratio	1,81	2,35	3,32	2
Equity Ratio	0,52	0,59	0,64	0,29
Gross Profit Margin	99,54 %	100 %	99,61 %	99,62 %