OLE P. BAKKEN AS

7380 ÅLEN

Finances

Return on Equity

1,5 %

Current Ratio

1,99

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 119 000	16 287 000	16 684 000	14 906 000
Net Income	45 000	343 000	−38 000	159 000
Total Assets	10 945 000	9 526 000	9 020 000	7 932 000
Total Equity	3 009 000	2 965 000	2 622 000	2 659 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 119 000	16 287 000	16 684 000	14 906 000
Expenditure	19 866 000	15 326 000	16 979 000	15 928 000
Operating Profit	266 000	591 000	88 000	265 000
Financial Income	−3 000	1 000	2 000	4 000
Financial Costs	204 000	152 000	139 000	65 000
Financial Balance	−207 000	−151 000	−137 000	−61 000
Earnings Before Tax	59 000	440 000	−48 000	204 000
Tax	14 000	97 000	−10 000	45 000
Net Income	45 000	343 000	−38 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 040 000	3 378 000	2 637 000	2 833 000
Total Current Assets	6 905 000	6 148 000	6 383 000	5 099 000
Total Assets	10 945 000	9 526 000	9 020 000	7 932 000
Total Retained Equity	2 709 000	2 665 000	2 322 000	2 359 000
Total Equity	3 009 000	2 965 000	2 622 000	2 659 000
Total Long-Term Debt	4 472 000	4 245 000	4 438 000	3 366 000
Total Current Debt	3 463 000	2 316 000	1 960 000	1 907 000
Total Equity and Debt	10 945 000	9 526 000	9 020 000	7 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 894 000	14 158 000	13 301 000	11 374 000
Other Income	2 226 000	2 129 000	3 383 000	3 531 000
Revenue	19 119 000	16 287 000	16 684 000	14 906 000
Cost of Goods Sold	2 166 000	2 913 000	2 887 000	3 094 000
Salary Costs	4 605 000	3 071 000	3 044 000	3 258 000
Depreciation	932 000	713 000	755 000	733 000
Impairment	0	0	0	0
Expenditure	19 866 000	15 326 000	16 979 000	15 928 000
Operating Profit	266 000	591 000	88 000	265 000
Financial Income	−3 000	1 000	2 000	4 000
Financial Costs	204 000	152 000	139 000	65 000
Financial Balance	−207 000	−151 000	−137 000	−61 000
Dividends	0	0	0	0
Net Income	45 000	343 000	−38 000	159 000

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	0	0	0	0
Fixtures	3 890 000	3 222 000	2 481 000	2 677 000
Total Tangible Assets	3 890 000	3 222 000	2 481 000	2 677 000
Total Fiancial Fixed Assets	150 000	156 000	156 000	156 000
Total Fixed Assets	4 040 000	3 378 000	2 637 000	2 833 000
Stock	2 663 000	1 650 000	2 020 000	1 638 000
Total Investments	0	0	0	0
Cash, Bank	2 209 000	1 675 000	1 551 000	1 092 000
Total Current Assets	6 905 000	6 148 000	6 383 000	5 099 000
Total Assets	10 945 000	9 526 000	9 020 000	7 932 000
Total Equity	3 009 000	2 965 000	2 622 000	2 659 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 472 000	4 245 000	4 438 000	3 366 000
Creditors	2 836 000	1 486 000	1 202 000	1 392 000
Unpaid Taxes	204 000	449 000	422 000	120 000
Dividends	0	0	0	0
Other Current Debt	360 000	328 000	337 000	310 000
Total Current Debt	3 463 000	2 316 000	1 960 000	1 907 000
Total Equity and Debt	10 945 000	9 526 000	9 020 000	7 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,5 %	11,57 %	−1,45 %	5,98 %
Debt-to-Equity Ratio	1,49	1,43	1,69	1,27
Operating Profit Margin	1,39 %	3,63 %	0,53 %	1,78 %
Current Ratio	1,99	2,65	3,26	2,67
Quick Ratio	8,63	9,23	−106,38	18,96
Equity Ratio	0,27	0,31	0,29	0,34
Gross Profit Margin	88,67 %	82,11 %	82,7 %	79,24 %