OLIVE TREE STAVANGER AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

21 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 539 000	5 610 000	3 722 000	0
Net Income	177 000	1 460 000	588 000	−6 000
Total Assets	1 706 000	1 843 000	1 315 000	30 000
Total Equity	843 000	638 000	638 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 539 000	5 610 000	3 722 000	0
Expenditure	4 410 000	4 142 000	2 969 000	6 000
Operating Profit	129 000	1 467 000	752 000	−6 000
Financial Income	0	−1 000	0	0
Financial Costs	20 000	7 000	0	0
Financial Balance	−20 000	−8 000	0	0
Earnings Before Tax	110 000	1 460 000	752 000	−6 000
Tax	39 000	0	164 000	0
Net Income	177 000	1 460 000	588 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	110 000	0	0
Total Current Assets	1 548 000	1 733 000	1 315 000	30 000
Total Assets	1 706 000	1 843 000	1 315 000	30 000
Total Retained Equity	793 000	588 000	588 000	−6 000
Total Equity	843 000	638 000	638 000	24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	863 000	−255 000	677 000	6 000
Total Equity and Debt	1 706 000	383 000	1 315 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 535 000	5 610 000	3 722 000	0
Other Income	4 000	0	0	0
Revenue	4 539 000	5 610 000	3 722 000	0
Cost of Goods Sold	1 354 000	1 385 000	1 129 000	0
Salary Costs	1 331 000	1 403 000	971 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 410 000	4 142 000	2 969 000	6 000
Operating Profit	129 000	1 467 000	752 000	−6 000
Financial Income	0	−1 000	0	0
Financial Costs	20 000	7 000	0	0
Financial Balance	−20 000	−8 000	0	0
Dividends	0	0	0	0
Net Income	177 000	1 460 000	588 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	−18 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	138 000	95 000	0	0
Total Tangible Assets	138 000	95 000	0	0
Total Fiancial Fixed Assets	38 000	15 000	0	0
Total Fixed Assets	158 000	110 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	459 000	1 699 000	1 323 000	30 000
Total Current Assets	1 548 000	1 733 000	1 315 000	30 000
Total Assets	1 706 000	1 843 000	1 315 000	30 000
Total Equity	843 000	638 000	638 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	88 000	450 000	−7 000	0
Unpaid Taxes	123 000	98 000	952 000	0
Dividends	0	0	0	0
Other Current Debt	668 000	−802 000	−432 000	6 000
Total Current Debt	863 000	−255 000	677 000	6 000
Total Equity and Debt	1 706 000	383 000	1 315 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21 %	228,84 %	92,16 %	−25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,84 %	26,15 %	20,2 %	-
Current Ratio	1,79	−6,8	1,94	5
Quick Ratio	1,79	−6,8	1,94	5
Equity Ratio	0,49	0,35	0,49	0,8
Gross Profit Margin	70,17 %	75,31 %	69,67 %	-