OLAV SANDVIK AS

6415 MOLDE

Finances

Return on Equity

51,41 %

Current Ratio

4,78

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 682 000	1 607 000	1 620 000	1 579 000
Net Income	931 000	766 000	741 000	448 000
Total Assets	2 179 000	1 321 000	3 348 000	1 810 000
Total Equity	1 811 000	985 000	1 339 000	1 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 682 000	1 607 000	1 620 000	1 579 000
Expenditure	505 000	631 000	694 000	1 029 000
Operating Profit	1 177 000	976 000	927 000	550 000
Financial Income	16 000	7 000	24 000	25 000
Financial Costs	0	0	0	0
Financial Balance	16 000	7 000	24 000	25 000
Earnings Before Tax	1 194 000	983 000	950 000	575 000
Tax	262 000	216 000	209 000	126 000
Net Income	931 000	766 000	741 000	448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	921 000	977 000	1 042 000	361 000
Total Current Assets	1 258 000	344 000	2 306 000	1 449 000
Total Assets	2 179 000	1 321 000	3 348 000	1 810 000
Total Retained Equity	1 473 000	646 000	55 000	1 024 000
Total Equity	1 811 000	985 000	1 339 000	1 284 000
Total Long-Term Debt	105 000	0	0	0
Total Current Debt	263 000	336 000	2 009 000	526 000
Total Equity and Debt	2 179 000	1 321 000	3 348 000	1 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 317 000	1 332 000	1 322 000
Other Income	1 682 000	290 000	288 000	258 000
Revenue	1 682 000	1 607 000	1 620 000	1 579 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 000	7 000
Depreciation	56 000	0	0	0
Impairment	0	0	0	0
Expenditure	505 000	631 000	694 000	1 029 000
Operating Profit	1 177 000	976 000	927 000	550 000
Financial Income	16 000	7 000	24 000	25 000
Financial Costs	0	0	0	0
Financial Balance	16 000	7 000	24 000	25 000
Dividends	0	120 000	1 800 000	0
Net Income	931 000	766 000	741 000	448 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	920 000	976 000	1 041 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	920 000	976 000	1 041 000	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	361 000
Total Fixed Assets	921 000	977 000	1 042 000	361 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 258 000	344 000	2 306 000	1 449 000
Total Current Assets	1 258 000	344 000	2 306 000	1 449 000
Total Assets	2 179 000	1 321 000	3 348 000	1 810 000
Total Equity	1 811 000	985 000	1 339 000	1 284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	105 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	120 000	1 800 000	0
Other Current Debt	0	0	0	0
Total Current Debt	263 000	336 000	2 009 000	526 000
Total Equity and Debt	2 179 000	1 321 000	3 348 000	1 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,41 %	77,77 %	55,34 %	34,89 %
Debt-to-Equity Ratio	0,06	0	0	0
Operating Profit Margin	69,98 %	60,73 %	57,22 %	34,83 %
Current Ratio	4,78	1,02	1,15	2,75
Quick Ratio	4,78	1,02	1,15	2,75
Equity Ratio	0,83	0,75	0,4	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %