OLA RAAEN AS

7520 HEGRA

Finances

Share Ownership

Return on Equity

−5,02 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 395 000	19 317 000	20 567 000	18 785 000
Net Income	−618 000	−1 601 000	513 000	4 244 000
Total Assets	19 585 000	20 303 000	21 773 000	23 219 000
Total Equity	12 299 000	12 672 000	14 023 000	13 266 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 395 000	19 317 000	20 567 000	18 785 000
Expenditure	22 282 000	21 368 000	19 932 000	20 688 000
Operating Profit	−888 000	−2 052 000	634 000	−1 904 000
Financial Income	99 000	1 000	25 000	5 739 000
Financial Costs	4 000	2 000	0	2 000
Financial Balance	95 000	−1 000	25 000	5 737 000
Earnings Before Tax	−793 000	−2 053 000	660 000	3 833 000
Tax	−174 000	−452 000	147 000	−411 000
Net Income	−618 000	−1 601 000	513 000	4 244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 762 000	6 944 000	7 930 000	6 714 000
Total Current Assets	13 824 000	13 359 000	13 843 000	16 506 000
Total Assets	19 585 000	20 303 000	21 773 000	23 219 000
Total Retained Equity	12 199 000	12 572 000	13 678 000	13 166 000
Total Equity	12 299 000	12 672 000	14 023 000	13 266 000
Total Long-Term Debt	1 312 000	1 341 000	1 642 000	1 348 000
Total Current Debt	5 975 000	6 290 000	6 108 000	8 605 000
Total Equity and Debt	19 585 000	20 303 000	21 773 000	23 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 200 000	19 006 000	19 833 000	18 775 000
Other Income	195 000	311 000	735 000	10 000
Revenue	21 395 000	19 317 000	20 567 000	18 785 000
Cost of Goods Sold	2 327 000	2 033 000	1 247 000	975 000
Salary Costs	7 974 000	8 291 000	7 842 000	7 432 000
Depreciation	1 217 000	1 236 000	1 169 000	1 163 000
Impairment	0	0	0	0
Expenditure	22 282 000	21 368 000	19 932 000	20 688 000
Operating Profit	−888 000	−2 052 000	634 000	−1 904 000
Financial Income	99 000	1 000	25 000	5 739 000
Financial Costs	4 000	2 000	0	2 000
Financial Balance	95 000	−1 000	25 000	5 737 000
Dividends	0	0	0	5 000 000
Net Income	−618 000	−1 601 000	513 000	4 244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 735 000	3 507 000	4 074 000	4 757 000
Fixtures	3 027 000	3 437 000	3 857 000	1 957 000
Total Tangible Assets	5 762 000	6 944 000	7 930 000	6 714 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 762 000	6 944 000	7 930 000	6 714 000
Stock	324 000	251 000	120 000	121 000
Total Investments	0	0	0	0
Cash, Bank	9 816 000	9 317 000	10 495 000	10 206 000
Total Current Assets	13 824 000	13 359 000	13 843 000	16 506 000
Total Assets	19 585 000	20 303 000	21 773 000	23 219 000
Total Equity	12 299 000	12 672 000	14 023 000	13 266 000
Short-Term Group Debt	2 610 000	3 110 000	3 110 000	0
Total Long-Term Debt	1 312 000	1 341 000	1 642 000	1 348 000
Creditors	720 000	852 000	636 000	1 117 000
Unpaid Taxes	1 301 000	1 011 000	1 126 000	1 284 000
Dividends	0	0	0	5 000 000
Other Current Debt	1 345 000	1 316 000	1 235 000	1 205 000
Total Current Debt	5 975 000	6 290 000	6 108 000	8 605 000
Total Equity and Debt	19 585 000	20 303 000	21 773 000	23 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,02 %	−12,63 %	3,66 %	31,99 %
Debt-to-Equity Ratio	0,11	0,11	0,12	0,1
Operating Profit Margin	−4,15 %	−10,62 %	3,08 %	−10,14 %
Current Ratio	2,31	2,12	2,27	1,92
Quick Ratio	2,45	2,21	2,31	1,95
Equity Ratio	0,63	0,62	0,64	0,57
Gross Profit Margin	89,12 %	89,48 %	93,94 %	94,81 %