OLDERVIK INVESTMENT AS

7540 KLÆBU

Finances

Return on Equity

11,54 %

Current Ratio

4,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 000	141 000	220 000	0
Net Income	27 000	74 000	112 000	0
Total Assets	275 000	244 000	182 000	32 000
Total Equity	234 000	208 000	134 000	24 000

Income (NOK)	2022	2021	2020
Revenue	49 000	141 000	220 000
Expenditure	23 000	46 000	76 000
Operating Profit	26 000	95 000	144 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	26 000	95 000	144 000
Tax	0	21 000	32 000
Net Income	27 000	74 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	74 000	60 000	30 000
Total Current Assets	199 000	170 000	122 000	2 000
Total Assets	275 000	244 000	182 000	32 000
Total Retained Equity	210 000	184 000	109 000	0
Total Equity	234 000	208 000	134 000	24 000
Total Long-Term Debt	0	5 000	0	0
Total Current Debt	40 000	31 000	48 000	8 000
Total Equity and Debt	275 000	244 000	182 000	32 000

Cash flow (NOK)	2022	2021	2020
Sales Income	24 000	24 000	111 000
Other Income	25 000	117 000	109 000
Revenue	49 000	141 000	220 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	7 000	7 000	7 000
Impairment	0	0	0
Expenditure	23 000	46 000	76 000
Operating Profit	26 000	95 000	144 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	2 000
Net Income	27 000	74 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	0	0	0
Fixtures	0	21 000	28 000	0
Total Tangible Assets	14 000	21 000	28 000	0
Total Fiancial Fixed Assets	60 000	53 000	32 000	30 000
Total Fixed Assets	76 000	74 000	60 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	58 000	27 000	120 000	2 000
Total Current Assets	199 000	170 000	122 000	2 000
Total Assets	275 000	244 000	182 000	32 000
Total Equity	234 000	208 000	134 000	24 000
Short-Term Group Debt	10 000	10 000	10 000	0
Total Long-Term Debt	0	5 000	0	0
Creditors	−5 000	4 000	1 000	0
Unpaid Taxes	6 000	1 000	3 000	0
Dividends	0	0	2 000	0
Other Current Debt	24 000	0	0	8 000
Total Current Debt	40 000	31 000	48 000	8 000
Total Equity and Debt	275 000	244 000	182 000	32 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,54 %	35,58 %	83,58 %	0 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	53,06 %	67,38 %	65,45 %	-
Current Ratio	4,98	5,48	2,54	0,25
Quick Ratio	4,98	5,48	2,54	0,25
Equity Ratio	0,85	0,85	0,74	0,75
Gross Profit Margin	100 %	100 %	100 %	-