OLAF RUSTEN AS

1482 NITTEDAL

Finances

Return on Equity

−8,01 %

Current Ratio

256,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 000	613 000	699 000	705 000
Net Income	−1 057 000	−2 061 000	6 143 000	313 000
Total Assets	13 210 000	15 215 000	17 768 000	11 760 000
Total Equity	13 196 000	15 133 000	17 617 000	11 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 000	613 000	699 000	705 000
Expenditure	1 063 000	725 000	620 000	406 000
Operating Profit	−773 000	−112 000	78 000	298 000
Financial Income	37 000	546 000	6 103 000	90 000
Financial Costs	321 000	2 501 000	18 000	3 000
Financial Balance	−284 000	−1 955 000	6 085 000	87 000
Earnings Before Tax	−1 057 000	−2 067 000	6 163 000	385 000
Tax	0	−6 000	20 000	73 000
Net Income	−1 057 000	−2 061 000	6 143 000	313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 620 000	9 670 000	9 670 000	9 844 000
Total Current Assets	3 591 000	5 545 000	8 099 000	1 915 000
Total Assets	13 210 000	15 215 000	17 768 000	11 760 000
Total Retained Equity	13 096 000	15 033 000	17 517 000	11 374 000
Total Equity	13 196 000	15 133 000	17 617 000	11 474 000
Total Long-Term Debt	0	0	6 000	7 000
Total Current Debt	14 000	82 000	146 000	279 000
Total Equity and Debt	13 210 000	15 215 000	17 768 000	11 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	349 000	412 000	422 000
Other Income	283 000	264 000	287 000	282 000
Revenue	290 000	613 000	699 000	705 000
Cost of Goods Sold	0	227 000	110 000	10 000
Salary Costs	0	0	274 000	71 000
Depreciation	0	0	0	4 000
Impairment	0	0	0	0
Expenditure	1 063 000	725 000	620 000	406 000
Operating Profit	−773 000	−112 000	78 000	298 000
Financial Income	37 000	546 000	6 103 000	90 000
Financial Costs	321 000	2 501 000	18 000	3 000
Financial Balance	−284 000	−1 955 000	6 085 000	87 000
Dividends	880 000	422 000	0	0
Net Income	−1 057 000	−2 061 000	6 143 000	313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 524 000	9 524 000	9 524 000	9 443 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	96 000	96 000	69 000
Total Tangible Assets	9 620 000	9 620 000	9 620 000	9 512 000
Total Fiancial Fixed Assets	0	50 000	50 000	333 000
Total Fixed Assets	9 620 000	9 670 000	9 670 000	9 844 000
Stock	0	0	0	0
Total Investments	2 910 000	2 487 000	6 039 000	0
Cash, Bank	689 000	−241 000	11 000	386 000
Total Current Assets	3 591 000	5 545 000	8 099 000	1 915 000
Total Assets	13 210 000	15 215 000	17 768 000	11 760 000
Total Equity	13 196 000	15 133 000	17 617 000	11 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 000	7 000
Creditors	5 000	3 000	4 000	3 000
Unpaid Taxes	0	11 000	36 000	26 000
Dividends	880 000	422 000	0	0
Other Current Debt	9 000	68 000	85 000	175 000
Total Current Debt	14 000	82 000	146 000	279 000
Total Equity and Debt	13 210 000	15 215 000	17 768 000	11 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,01 %	−13,62 %	34,87 %	2,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−266,55 %	−18,27 %	11,16 %	42,27 %
Current Ratio	256,5	67,62	55,47	6,86
Quick Ratio	256,5	67,62	55,47	6,86
Equity Ratio	1	0,99	0,99	0,98
Gross Profit Margin	100 %	62,97 %	84,26 %	98,58 %