OLJESERVICE AS

5184 OLSVIK

Finances

Share Ownership

Return on Equity

114,89 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 913 000	31 101 000	37 867 000	26 817 000
Net Income	3 333 000	3 109 000	4 120 000	3 155 000
Total Assets	12 193 000	14 084 000	18 050 000	11 747 000
Total Equity	2 901 000	3 188 000	4 212 000	3 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 913 000	31 101 000	37 867 000	26 817 000
Expenditure	30 602 000	27 241 000	32 655 000	22 854 000
Operating Profit	4 311 000	3 860 000	5 212 000	3 962 000
Financial Income	151 000	147 000	158 000	150 000
Financial Costs	155 000	21 000	109 000	30 000
Financial Balance	−4 000	126 000	49 000	120 000
Earnings Before Tax	4 307 000	3 986 000	5 260 000	4 082 000
Tax	973 000	877 000	1 140 000	928 000
Net Income	3 333 000	3 109 000	4 120 000	3 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 494 000	4 166 000	2 971 000	1 592 000
Total Current Assets	9 699 000	9 918 000	15 079 000	10 155 000
Total Assets	12 193 000	14 084 000	18 050 000	11 747 000
Total Retained Equity	2 651 000	2 938 000	3 962 000	3 547 000
Total Equity	2 901 000	3 188 000	4 212 000	3 797 000
Total Long-Term Debt	296 000	343 000	209 000	122 000
Total Current Debt	8 996 000	10 553 000	13 629 000	7 827 000
Total Equity and Debt	12 193 000	14 084 000	18 050 000	11 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 755 000	30 898 000	37 798 000	26 692 000
Other Income	158 000	203 000	69 000	125 000
Revenue	34 913 000	31 101 000	37 867 000	26 817 000
Cost of Goods Sold	17 863 000	15 313 000	21 378 000	13 315 000
Salary Costs	9 008 000	8 676 000	8 250 000	6 321 000
Depreciation	420 000	254 000	343 000	315 000
Impairment	0	0	0	0
Expenditure	30 602 000	27 241 000	32 655 000	22 854 000
Operating Profit	4 311 000	3 860 000	5 212 000	3 962 000
Financial Income	151 000	147 000	158 000	150 000
Financial Costs	155 000	21 000	109 000	30 000
Financial Balance	−4 000	126 000	49 000	120 000
Dividends	0	0	0	0
Net Income	3 333 000	3 109 000	4 120 000	3 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 494 000	4 166 000	2 971 000	1 592 000
Fixtures	0	0	0	0
Total Tangible Assets	2 494 000	4 166 000	2 971 000	1 592 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 494 000	4 166 000	2 971 000	1 592 000
Stock	83 000	0	0	0
Total Investments	0	0	0	895 000
Cash, Bank	6 187 000	5 612 000	5 486 000	6 208 000
Total Current Assets	9 699 000	9 918 000	15 079 000	10 155 000
Total Assets	12 193 000	14 084 000	18 050 000	11 747 000
Total Equity	2 901 000	3 188 000	4 212 000	3 797 000
Short-Term Group Debt	4 441 000	4 875 000	4 750 000	4 000 000
Total Long-Term Debt	296 000	343 000	209 000	122 000
Creditors	1 233 000	2 494 000	4 799 000	1 497 000
Unpaid Taxes	1 224 000	1 151 000	1 860 000	846 000
Dividends	0	0	0	0
Other Current Debt	2 098 000	2 033 000	2 211 000	1 469 000
Total Current Debt	8 996 000	10 553 000	13 629 000	7 827 000
Total Equity and Debt	12 193 000	14 084 000	18 050 000	11 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	114,89 %	97,52 %	97,82 %	83,09 %
Debt-to-Equity Ratio	0,1	0,11	0,05	0,03
Operating Profit Margin	12,35 %	12,41 %	13,76 %	14,77 %
Current Ratio	1,08	0,94	1,11	1,3
Quick Ratio	1,09	0,94	1,11	1,3
Equity Ratio	0,24	0,23	0,23	0,32
Gross Profit Margin	48,84 %	50,76 %	43,54 %	50,35 %