OLSAGA GLOBAL SOLUTIONS AS

4028 STAVANGER

Finances

Return on Equity

59,38 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 156 000	1 309 000	682 000
Net Income	−557 000	−202 000	−204 000
Total Assets	112 000	79 000	329 000
Total Equity	−938 000	−382 000	111 000

Income (NOK)	2022	2021	2020
Revenue	2 156 000	1 309 000	682 000
Expenditure	2 713 000	1 124 000	596 000
Operating Profit	−557 000	185 000	86 000
Financial Income	0	0	1 000
Financial Costs	0	387 000	290 000
Financial Balance	0	−387 000	−289 000
Earnings Before Tax	−557 000	−202 000	−204 000
Tax	0	0	0
Net Income	−557 000	−202 000	−204 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	24 000	0
Total Current Assets	112 000	56 000	329 000
Total Assets	112 000	79 000	329 000
Total Retained Equity	−963 000	−406 000	81 000
Total Equity	−938 000	−382 000	111 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 051 000	461 000	218 000
Total Equity and Debt	112 000	79 000	329 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 156 000	1 309 000	680 000
Other Income	0	0	2 000
Revenue	2 156 000	1 309 000	682 000
Cost of Goods Sold	0	0	0
Salary Costs	2 212 000	794 000	295 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 713 000	1 124 000	596 000
Operating Profit	−557 000	185 000	86 000
Financial Income	0	0	1 000
Financial Costs	0	387 000	290 000
Financial Balance	0	−387 000	−289 000
Dividends	0	0	0
Net Income	−557 000	−202 000	−204 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	24 000	0
Total Tangible Assets	0	24 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	24 000	0
Stock	0	0	0
Total Investments	0	0	290 000
Cash, Bank	112 000	56 000	33 000
Total Current Assets	112 000	56 000	329 000
Total Assets	112 000	79 000	329 000
Total Equity	−938 000	−382 000	111 000
Short-Term Group Debt	0	0	218 000
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	80 000	0	0
Dividends	0	0	0
Other Current Debt	971 000	461 000	0
Total Current Debt	1 051 000	461 000	218 000
Total Equity and Debt	112 000	79 000	329 000

Financial indicators	2022	2021	2020
Return on Equity	59,38 %	52,88 %	−183,78 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−25,83 %	14,13 %	12,61 %
Current Ratio	0,11	0,12	1,51
Quick Ratio	0,11	0,12	1,51
Equity Ratio	−8,38	−4,84	0,34
Gross Profit Margin	100 %	100 %	100 %