ØLNESSETER HYTTEGREND AS

2930 BAGN

Finances

Share Ownership

Return on Equity

44,66 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 050 000	12 396 000	11 807 000	130 000
Net Income	3 430 000	2 215 000	3 073 000	−37 000
Total Assets	15 093 000	11 940 000	5 976 000	1 140 000
Total Equity	7 681 000	6 251 000	4 036 000	963 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 050 000	12 396 000	11 807 000	130 000
Expenditure	11 507 000	9 559 000	8 677 000	178 000
Operating Profit	4 543 000	2 837 000	3 941 000	−47 000
Financial Income	2 000	4 000	3 000	0
Financial Costs	148 000	1 000	5 000	0
Financial Balance	−146 000	3 000	−2 000	0
Earnings Before Tax	4 397 000	2 840 000	3 939 000	−47 000
Tax	967 000	625 000	867 000	−10 000
Net Income	3 430 000	2 215 000	3 073 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 799 000	0	0	260 000
Total Current Assets	4 294 000	11 940 000	5 976 000	880 000
Total Assets	15 093 000	11 940 000	5 976 000	1 140 000
Total Retained Equity	6 681 000	5 251 000	3 036 000	−37 000
Total Equity	7 681 000	6 251 000	4 036 000	963 000
Total Long-Term Debt	3 018 000	0	0	0
Total Current Debt	4 394 000	5 689 000	1 940 000	177 000
Total Equity and Debt	15 093 000	11 940 000	5 976 000	1 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 050 000	11 777 000	11 807 000	0
Other Income	0	619 000	0	130 000
Revenue	16 050 000	12 396 000	11 807 000	130 000
Cost of Goods Sold	10 700 000	8 873 000	8 126 000	165 000
Salary Costs	0	94 000	47 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 507 000	9 559 000	8 677 000	178 000
Operating Profit	4 543 000	2 837 000	3 941 000	−47 000
Financial Income	2 000	4 000	3 000	0
Financial Costs	148 000	1 000	5 000	0
Financial Balance	−146 000	3 000	−2 000	0
Dividends	2 000 000	0	0	0
Net Income	3 430 000	2 215 000	3 073 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 799 000	0	0	250 000
Total Fixed Assets	10 799 000	0	0	260 000
Stock	2 447 000	3 887 000	1 085 000	0
Total Investments	0	3 258 000	0	0
Cash, Bank	1 098 000	4 191 000	3 095 000	750 000
Total Current Assets	4 294 000	11 940 000	5 976 000	880 000
Total Assets	15 093 000	11 940 000	5 976 000	1 140 000
Total Equity	7 681 000	6 251 000	4 036 000	963 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 018 000	0	0	0
Creditors	1 426 000	1 985 000	1 060 000	177 000
Unpaid Taxes	0	0	7 000	0
Dividends	2 000 000	0	0	0
Other Current Debt	0	79 000	17 000	0
Total Current Debt	4 394 000	5 689 000	1 940 000	177 000
Total Equity and Debt	15 093 000	11 940 000	5 976 000	1 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,66 %	35,43 %	76,14 %	−3,84 %
Debt-to-Equity Ratio	0,39	0	0	0
Operating Profit Margin	28,31 %	22,89 %	33,38 %	−36,15 %
Current Ratio	0,98	2,1	3,08	4,97
Quick Ratio	2,21	6,63	6,99	4,97
Equity Ratio	0,51	0,52	0,68	0,84
Gross Profit Margin	33,33 %	28,42 %	31,18 %	−26,92 %