OLSEN MANAGEMENT AS

5397 BEKKJARVIK

Finances

Share Ownership

Return on Equity

17,92 %

Current Ratio

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 491 000	3 929 000	4 227 000	5 177 000
Net Income	599 000	−70 000	−33 000	3 023 000
Total Assets	5 895 000	5 752 000	6 877 000	4 740 000
Total Equity	3 342 000	3 249 000	3 318 000	3 351 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 491 000	3 929 000	4 227 000	5 177 000
Expenditure	3 685 000	4 029 000	4 278 000	1 988 000
Operating Profit	806 000	−100 000	−51 000	3 188 000
Financial Income	13 000	13 000	10 000	5 000
Financial Costs	51 000	0	1 000	0
Financial Balance	−38 000	13 000	9 000	5 000
Earnings Before Tax	768 000	−87 000	−42 000	3 193 000
Tax	169 000	−17 000	−9 000	170 000
Net Income	599 000	−70 000	−33 000	3 023 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 195 000	4 396 000	4 328 000	94 000
Total Current Assets	1 700 000	1 356 000	2 549 000	4 646 000
Total Assets	5 895 000	5 752 000	6 877 000	4 740 000
Total Retained Equity	3 092 000	2 999 000	3 068 000	3 101 000
Total Equity	3 342 000	3 249 000	3 318 000	3 351 000
Total Long-Term Debt	847 000	1 314 000	2 314 000	0
Total Current Debt	1 706 000	1 190 000	1 245 000	1 389 000
Total Equity and Debt	5 895 000	5 752 000	6 877 000	4 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 491 000	3 879 000	4 227 000	5 177 000
Other Income	0	50 000	0	0
Revenue	4 491 000	3 929 000	4 227 000	5 177 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 562 000	2 763 000	2 845 000	3 353 000
Depreciation	174 000	174 000	174 000	0
Impairment	0	0	0	0
Expenditure	3 685 000	4 029 000	4 278 000	1 988 000
Operating Profit	806 000	−100 000	−51 000	3 188 000
Financial Income	13 000	13 000	10 000	5 000
Financial Costs	51 000	0	1 000	0
Financial Balance	−38 000	13 000	9 000	5 000
Dividends	0	0	0	0
Net Income	599 000	−70 000	−33 000	3 023 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	36 000	19 000	10 000
Real Eastate	3 834 000	4 008 000	4 225 000	0
Machinery and Plant Facilities	268 000	268 000	0	0
Fixtures	84 000	84 000	84 000	84 000
Total Tangible Assets	4 186 000	4 360 000	4 309 000	84 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 195 000	4 396 000	4 328 000	94 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 535 000	1 155 000	2 414 000	1 274 000
Total Current Assets	1 700 000	1 356 000	2 549 000	4 646 000
Total Assets	5 895 000	5 752 000	6 877 000	4 740 000
Total Equity	3 342 000	3 249 000	3 318 000	3 351 000
Short-Term Group Debt	647 000	0	0	514 000
Total Long-Term Debt	847 000	1 314 000	2 314 000	0
Creditors	180 000	88 000	49 000	71 000
Unpaid Taxes	508 000	811 000	903 000	522 000
Dividends	0	0	0	0
Other Current Debt	371 000	290 000	293 000	283 000
Total Current Debt	1 706 000	1 190 000	1 245 000	1 389 000
Total Equity and Debt	5 895 000	5 752 000	6 877 000	4 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,92 %	−2,15 %	−0,99 %	90,21 %
Debt-to-Equity Ratio	0,25	0,4	0,7	0
Operating Profit Margin	17,95 %	−2,55 %	−1,21 %	61,58 %
Current Ratio	1	1,14	2,05	3,34
Quick Ratio	1	1,14	2,05	3,34
Equity Ratio	0,57	0,56	0,48	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %