OLE OLSRUD AS

2067 JESSHEIM

Finances

Share Ownership

Return on Equity

88,54 %

Current Ratio

−0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 438 000	4 028 000	2 918 000	122 000
Net Income	139 000	76 000	243 000	5 000
Total Assets	500 000	902 000	856 000	366 000
Total Equity	157 000	128 000	138 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 438 000	4 028 000	2 918 000	122 000
Expenditure	2 254 000	3 928 000	2 611 000	119 000
Operating Profit	184 000	100 000	307 000	3 000
Financial Income	17 000	11 000	5 000	0
Financial Costs	23 000	11 000	0	0
Financial Balance	−6 000	0	5 000	0
Earnings Before Tax	178 000	100 000	311 000	3 000
Tax	39 000	24 000	68 000	−2 000
Net Income	139 000	76 000	243 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	829 000	664 000	372 000	189 000
Total Current Assets	−328 000	239 000	484 000	177 000
Total Assets	500 000	902 000	856 000	366 000
Total Retained Equity	127 000	98 000	108 000	5 000
Total Equity	157 000	128 000	138 000	24 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	343 000	774 000	718 000	342 000
Total Equity and Debt	500 000	902 000	856 000	366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 319 000	4 028 000	2 918 000	122 000
Other Income	119 000	0	0	0
Revenue	2 438 000	4 028 000	2 918 000	122 000
Cost of Goods Sold	1 234 000	2 508 000	1 546 000	31 000
Salary Costs	579 000	310 000	136 000	0
Depreciation	36 000	49 000	39 000	5 000
Impairment	0	0	0	0
Expenditure	2 254 000	3 928 000	2 611 000	119 000
Operating Profit	184 000	100 000	307 000	3 000
Financial Income	17 000	11 000	5 000	0
Financial Costs	23 000	11 000	0	0
Financial Balance	−6 000	0	5 000	0
Dividends	0	0	0	0
Net Income	139 000	76 000	243 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	26 000	57 000	87 000
Fixtures	6 000	92 000	51 000	0
Total Tangible Assets	6 000	117 000	107 000	87 000
Total Fiancial Fixed Assets	823 000	546 000	265 000	100 000
Total Fixed Assets	829 000	664 000	372 000	189 000
Stock	11 000	126 000	402 000	6 000
Total Investments	0	0	0	0
Cash, Bank	−358 000	31 000	4 000	69 000
Total Current Assets	−328 000	239 000	484 000	177 000
Total Assets	500 000	902 000	856 000	366 000
Total Equity	157 000	128 000	138 000	24 000
Short-Term Group Debt	140 000	110 000	165 000	43 000
Total Long-Term Debt	0	0	1 000	0
Creditors	57 000	182 000	218 000	189 000
Unpaid Taxes	74 000	156 000	35 000	0
Dividends	0	0	0	0
Other Current Debt	64 000	37 000	113 000	110 000
Total Current Debt	343 000	774 000	718 000	342 000
Total Equity and Debt	500 000	902 000	856 000	366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,54 %	59,38 %	176,09 %	20,83 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	7,55 %	2,48 %	10,52 %	2,46 %
Current Ratio	−0,96	0,31	0,67	0,52
Quick Ratio	−0,99	0,37	1,53	0,53
Equity Ratio	0,31	0,14	0,16	0,07
Gross Profit Margin	49,38 %	37,74 %	47,02 %	74,59 %