Brødrene J T B Olsen AS

8193 RØDØY

Finances

Share Ownership

Return on Equity

1,6 %

Current Ratio

4,26

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 779 000	5 907 000	5 729 000	8 434 000
Net Income	23 000	106 000	128 000	479 000
Total Assets	3 366 000	3 014 000	2 864 000	3 153 000
Total Equity	1 437 000	1 414 000	1 308 000	1 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 779 000	5 907 000	5 729 000	8 434 000
Expenditure	5 605 000	5 671 000	5 466 000	7 784 000
Operating Profit	173 000	236 000	262 000	649 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	150 000	131 000	137 000	172 000
Financial Balance	−150 000	−130 000	−135 000	−170 000
Earnings Before Tax	23 000	106 000	128 000	479 000
Tax	0	0	0	0
Net Income	23 000	106 000	128 000	479 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 041 000	1 814 000	1 854 000	1 644 000
Total Current Assets	1 325 000	1 200 000	1 010 000	1 508 000
Total Assets	3 366 000	3 014 000	2 864 000	3 153 000
Total Retained Equity	502 000	479 000	373 000	245 000
Total Equity	1 437 000	1 414 000	1 308 000	1 181 000
Total Long-Term Debt	1 618 000	1 173 000	1 401 000	1 620 000
Total Current Debt	311 000	427 000	154 000	352 000
Total Equity and Debt	3 366 000	3 014 000	2 864 000	3 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 451 000	5 577 000	5 409 000	8 112 000
Other Income	328 000	330 000	320 000	322 000
Revenue	5 779 000	5 907 000	5 729 000	8 434 000
Cost of Goods Sold	3 897 000	3 838 000	3 783 000	5 970 000
Salary Costs	1 004 000	1 121 000	996 000	1 095 000
Depreciation	178 000	176 000	135 000	156 000
Impairment	0	0	0	0
Expenditure	5 605 000	5 671 000	5 466 000	7 784 000
Operating Profit	173 000	236 000	262 000	649 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	150 000	131 000	137 000	172 000
Financial Balance	−150 000	−130 000	−135 000	−170 000
Dividends	0	0	0	0
Net Income	23 000	106 000	128 000	479 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 919 000	1 701 000	1 743 000	1 518 000
Machinery and Plant Facilities	25 000	11 000	20 000	30 000
Fixtures	0	0	0	0
Total Tangible Assets	1 944 000	1 713 000	1 762 000	1 548 000
Total Fiancial Fixed Assets	97 000	101 000	91 000	96 000
Total Fixed Assets	2 041 000	1 814 000	1 854 000	1 644 000
Stock	1 149 000	942 000	824 000	823 000
Total Investments	0	0	0	0
Cash, Bank	29 000	37 000	37 000	358 000
Total Current Assets	1 325 000	1 200 000	1 010 000	1 508 000
Total Assets	3 366 000	3 014 000	2 864 000	3 153 000
Total Equity	1 437 000	1 414 000	1 308 000	1 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 618 000	1 173 000	1 401 000	1 620 000
Creditors	168 000	199 000	87 000	102 000
Unpaid Taxes	52 000	97 000	25 000	155 000
Dividends	0	0	0	0
Other Current Debt	90 000	131 000	42 000	95 000
Total Current Debt	311 000	427 000	154 000	352 000
Total Equity and Debt	3 366 000	3 014 000	2 864 000	3 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,6 %	7,5 %	9,79 %	40,56 %
Debt-to-Equity Ratio	1,13	0,83	1,07	1,37
Operating Profit Margin	2,99 %	4 %	4,57 %	7,7 %
Current Ratio	4,26	2,81	6,56	4,28
Quick Ratio	−1,58	−2,33	−1,51	−3,2
Equity Ratio	0,43	0,47	0,46	0,37
Gross Profit Margin	32,57 %	35,03 %	33,97 %	29,22 %