OLAV ANDSTEN AS

0250 OSLO

Finances

Share Ownership

Return on Equity

59,75 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 960 000	7 643 000	7 203 000	7 403 000
Net Income	870 000	735 000	308 000	161 000
Total Assets	3 634 000	3 022 000	2 129 000	2 098 000
Total Equity	1 456 000	1 285 000	1 150 000	842 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 960 000	7 643 000	7 203 000	7 403 000
Expenditure	7 836 000	6 691 000	6 790 000	7 179 000
Operating Profit	1 125 000	953 000	413 000	224 000
Financial Income	1 000	1 000	1 000	3 000
Financial Costs	10 000	12 000	19 000	20 000
Financial Balance	−9 000	−11 000	−18 000	−17 000
Earnings Before Tax	1 116 000	942 000	395 000	207 000
Tax	246 000	207 000	87 000	46 000
Net Income	870 000	735 000	308 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	263 000	384 000	507 000	635 000
Total Current Assets	3 371 000	2 638 000	1 622 000	1 463 000
Total Assets	3 634 000	3 022 000	2 129 000	2 098 000
Total Retained Equity	1 156 000	985 000	850 000	542 000
Total Equity	1 456 000	1 285 000	1 150 000	842 000
Total Long-Term Debt	98 000	192 000	277 000	359 000
Total Current Debt	2 080 000	1 544 000	702 000	897 000
Total Equity and Debt	3 634 000	3 022 000	2 129 000	2 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 960 000	7 643 000	7 203 000	7 374 000
Other Income	0	0	0	29 000
Revenue	8 960 000	7 643 000	7 203 000	7 403 000
Cost of Goods Sold	3 077 000	2 983 000	2 739 000	2 843 000
Salary Costs	1 943 000	1 404 000	1 524 000	1 989 000
Depreciation	133 000	133 000	133 000	125 000
Impairment	0	0	0	0
Expenditure	7 836 000	6 691 000	6 790 000	7 179 000
Operating Profit	1 125 000	953 000	413 000	224 000
Financial Income	1 000	1 000	1 000	3 000
Financial Costs	10 000	12 000	19 000	20 000
Financial Balance	−9 000	−11 000	−18 000	−17 000
Dividends	700 000	600 000	0	0
Net Income	870 000	735 000	308 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	86 000	76 000	72 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	165 000	298 000	430 000	563 000
Total Tangible Assets	165 000	298 000	430 000	563 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	263 000	384 000	507 000	635 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 013 000	1 837 000	681 000	345 000
Total Current Assets	3 371 000	2 638 000	1 622 000	1 463 000
Total Assets	3 634 000	3 022 000	2 129 000	2 098 000
Total Equity	1 456 000	1 285 000	1 150 000	842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	98 000	192 000	277 000	359 000
Creditors	356 000	193 000	206 000	283 000
Unpaid Taxes	249 000	90 000	15 000	139 000
Dividends	700 000	600 000	0	0
Other Current Debt	517 000	444 000	388 000	443 000
Total Current Debt	2 080 000	1 544 000	702 000	897 000
Total Equity and Debt	3 634 000	3 022 000	2 129 000	2 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,75 %	57,2 %	26,78 %	19,12 %
Debt-to-Equity Ratio	0,07	0,15	0,24	0,43
Operating Profit Margin	12,56 %	12,47 %	5,73 %	3,03 %
Current Ratio	1,62	1,71	2,31	1,63
Quick Ratio	1,62	1,71	2,31	1,63
Equity Ratio	0,4	0,43	0,54	0,4
Gross Profit Margin	65,66 %	60,97 %	61,97 %	61,6 %