OLE LIUM MØBELVERKSTED AS

7336 MELDAL

Finances

Return on Equity

64,37 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 270 000	29 350 000	31 099 000	34 906 000
Net Income	4 481 000	610 000	862 000	2 102 000
Total Assets	19 431 000	11 989 000	13 623 000	21 127 000
Total Equity	6 961 000	6 880 000	6 870 000	7 508 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 270 000	29 350 000	31 099 000	34 906 000
Expenditure	40 151 000	29 117 000	29 668 000	32 638 000
Operating Profit	5 724 000	780 000	1 092 000	2 799 000
Financial Income	27 000	3 000	17 000	5 000
Financial Costs	5 000	9 000	7 000	114 000
Financial Balance	22 000	−6 000	10 000	−109 000
Earnings Before Tax	5 746 000	775 000	1 102 000	2 690 000
Tax	1 265 000	165 000	241 000	587 000
Net Income	4 481 000	610 000	862 000	2 102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 860 000	5 450 000	6 162 000	6 589 000
Total Current Assets	14 571 000	6 539 000	7 461 000	14 539 000
Total Assets	19 431 000	11 989 000	13 623 000	21 127 000
Total Retained Equity	6 861 000	6 780 000	6 770 000	7 408 000
Total Equity	6 961 000	6 880 000	6 870 000	7 508 000
Total Long-Term Debt	215 000	251 000	269 000	3 188 000
Total Current Debt	12 254 000	4 858 000	6 484 000	10 431 000
Total Equity and Debt	19 431 000	11 989 000	13 623 000	21 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 235 000	29 079 000	30 625 000	34 864 000
Other Income	35 000	270 000	474 000	42 000
Revenue	44 270 000	29 350 000	31 099 000	34 906 000
Cost of Goods Sold	19 702 000	11 370 000	11 686 000	14 148 000
Salary Costs	13 267 000	11 718 000	11 745 000	12 387 000
Depreciation	913 000	966 000	1 046 000	858 000
Impairment	0	0	163 000	0
Expenditure	40 151 000	29 117 000	29 668 000	32 638 000
Operating Profit	5 724 000	780 000	1 092 000	2 799 000
Financial Income	27 000	3 000	17 000	5 000
Financial Costs	5 000	9 000	7 000	114 000
Financial Balance	22 000	−6 000	10 000	−109 000
Dividends	4 400 000	600 000	1 500 000	0
Net Income	4 481 000	610 000	862 000	2 102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	125 000	167 000	209 000
Real Eastate	661 000	708 000	756 000	750 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 112 000	4 612 000	5 235 000	5 626 000
Total Tangible Assets	4 772 000	5 321 000	5 991 000	6 376 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	4 860 000	5 450 000	6 162 000	6 589 000
Stock	4 530 000	2 924 000	2 376 000	2 714 000
Total Investments	0	0	0	0
Cash, Bank	4 460 000	508 000	1 812 000	2 188 000
Total Current Assets	14 571 000	6 539 000	7 461 000	14 539 000
Total Assets	19 431 000	11 989 000	13 623 000	21 127 000
Total Equity	6 961 000	6 880 000	6 870 000	7 508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	215 000	251 000	269 000	3 188 000
Creditors	2 657 000	1 030 000	1 131 000	3 079 000
Unpaid Taxes	1 639 000	1 392 000	1 269 000	1 939 000
Dividends	4 400 000	600 000	1 500 000	0
Other Current Debt	2 258 000	1 653 000	2 326 000	5 106 000
Total Current Debt	12 254 000	4 858 000	6 484 000	10 431 000
Total Equity and Debt	19 431 000	11 989 000	13 623 000	21 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,37 %	8,87 %	12,55 %	28 %
Debt-to-Equity Ratio	0,03	0,04	0,04	0,42
Operating Profit Margin	12,93 %	2,66 %	3,51 %	8,02 %
Current Ratio	1,19	1,35	1,15	1,39
Quick Ratio	1,89	3,38	1,82	1,88
Equity Ratio	0,36	0,57	0,5	0,36
Gross Profit Margin	55,5 %	61,26 %	62,42 %	59,47 %