ØLEN BETONG GRUPPEN AS

5582 ØLENSVÅG

Finances

Return on Equity

7,13 %

Current Ratio

8,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 979 000	114 456 000	161 490 000	122 838 000
Net Income	64 604 000	−30 210 000	75 481 000	44 306 000
Total Assets	950 559 000	926 357 000	1 003 958 000	997 257 000
Total Equity	905 617 000	877 680 000	945 245 000	959 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 979 000	114 456 000	161 490 000	122 838 000
Expenditure	40 337 000	91 017 000	122 994 000	102 011 000
Operating Profit	7 643 000	23 439 000	38 497 000	20 828 000
Financial Income	66 910 000	59 190 000	47 441 000	29 152 000
Financial Costs	6 929 000	108 459 000	2 329 000	303 000
Financial Balance	59 981 000	−49 269 000	45 112 000	28 849 000
Earnings Before Tax	67 623 000	−25 831 000	83 609 000	49 677 000
Tax	3 019 000	4 379 000	8 128 000	5 371 000
Net Income	64 604 000	−30 210 000	75 481 000	44 306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	568 601 000	566 930 000	604 046 000	595 556 000
Total Current Assets	381 958 000	359 426 000	399 912 000	401 701 000
Total Assets	950 559 000	926 357 000	1 003 958 000	997 257 000
Total Retained Equity	0	0	942 515 000	956 996 000
Total Equity	905 617 000	877 680 000	945 245 000	959 726 000
Total Long-Term Debt	871 000	1 196 000	2 006 000	2 567 000
Total Current Debt	44 071 000	47 481 000	56 707 000	34 964 000
Total Equity and Debt	950 559 000	926 357 000	1 003 958 000	997 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 979 000	114 456 000	161 490 000	122 838 000
Other Income	0	0	0	0
Revenue	47 979 000	114 456 000	161 490 000	122 838 000
Cost of Goods Sold	6 241 000	26 281 000	48 835 000	28 695 000
Salary Costs	10 554 000	18 646 000	21 397 000	21 947 000
Depreciation	3 132 000	9 169 000	11 926 000	12 135 000
Impairment	0	0	0	0
Expenditure	40 337 000	91 017 000	122 994 000	102 011 000
Operating Profit	7 643 000	23 439 000	38 497 000	20 828 000
Financial Income	66 910 000	59 190 000	47 441 000	29 152 000
Financial Costs	6 929 000	108 459 000	2 329 000	303 000
Financial Balance	59 981 000	−49 269 000	45 112 000	28 849 000
Dividends	35 000 000	40 000 000	60 000 000	10 000 000
Net Income	64 604 000	−30 210 000	75 481 000	44 306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	166 629 000	202 628 000	160 532 000	149 501 000
Machinery and Plant Facilities	69 000	18 042 000	96 632 000	93 912 000
Fixtures	194 000	356 000	518 000	730 000
Total Tangible Assets	166 892 000	221 027 000	257 682 000	244 142 000
Total Fiancial Fixed Assets	401 709 000	345 904 000	346 363 000	351 414 000
Total Fixed Assets	568 601 000	566 930 000	604 046 000	595 556 000
Stock	3 895 000	1 540 000	19 526 000	23 794 000
Total Investments	57 688 000	53 388 000	29 397 000	10 026 000
Cash, Bank	244 162 000	222 331 000	279 355 000	320 333 000
Total Current Assets	381 958 000	359 426 000	399 912 000	401 701 000
Total Assets	950 559 000	926 357 000	1 003 958 000	997 257 000
Total Equity	905 617 000	877 680 000	945 245 000	959 726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	871 000	1 196 000	2 006 000	2 567 000
Creditors	2 778 000	2 273 000	10 042 000	17 817 000
Unpaid Taxes	1 697 000	1 254 000	1 558 000	1 636 000
Dividends	35 000 000	40 000 000	60 000 000	10 000 000
Other Current Debt	1 372 000	2 141 000	2 388 000	2 575 000
Total Current Debt	44 071 000	47 481 000	56 707 000	34 964 000
Total Equity and Debt	950 559 000	926 357 000	1 003 958 000	997 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,13 %	−3,44 %	7,99 %	4,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,93 %	20,48 %	23,84 %	16,96 %
Current Ratio	8,67	7,57	7,05	11,49
Quick Ratio	9,51	7,82	10,76	35,96
Equity Ratio	0,95	0,95	0,94	0,96
Gross Profit Margin	86,99 %	77,04 %	69,76 %	76,64 %