OLAVSHALLEN AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−49,7 %

Current Ratio

0,92

Debt-to-Equity Ratio

9,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 988 000	29 372 000	33 308 000	43 991 000
Net Income	−5 400 000	−8 257 000	2 663 000	337 000
Total Assets	140 990 000	151 271 000	82 510 000	85 734 000
Total Equity	10 866 000	16 266 000	26 507 000	23 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 988 000	29 372 000	33 308 000	43 991 000
Expenditure	51 125 000	37 695 000	30 473 000	43 636 000
Operating Profit	−3 136 000	−8 323 000	2 836 000	356 000
Financial Income	625 000	444 000	470 000	809 000
Financial Costs	4 353 000	1 014 000	619 000	792 000
Financial Balance	−3 728 000	−570 000	−149 000	17 000
Earnings Before Tax	−6 864 000	−8 893 000	2 687 000	372 000
Tax	−1 465 000	−636 000	25 000	36 000
Net Income	−5 400 000	−8 257 000	2 663 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 355 000	111 221 000	45 611 000	48 212 000
Total Current Assets	23 635 000	40 050 000	36 899 000	37 521 000
Total Assets	140 990 000	151 271 000	82 510 000	85 734 000
Total Retained Equity	8 866 000	14 266 000	0	0
Total Equity	10 866 000	16 266 000	26 507 000	23 844 000
Total Long-Term Debt	104 406 000	85 900 000	27 918 000	28 653 000
Total Current Debt	25 718 000	49 105 000	28 085 000	33 236 000
Total Equity and Debt	140 990 000	151 271 000	82 510 000	85 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 083 000	20 160 000	28 313 000	38 603 000
Other Income	13 905 000	9 213 000	4 996 000	5 388 000
Revenue	47 988 000	29 372 000	33 308 000	43 991 000
Cost of Goods Sold	0	79 000	346 000	1 630 000
Salary Costs	19 583 000	14 840 000	13 445 000	16 415 000
Depreciation	7 536 000	6 158 000	2 967 000	3 689 000
Impairment	0	0	0	0
Expenditure	51 125 000	37 695 000	30 473 000	43 636 000
Operating Profit	−3 136 000	−8 323 000	2 836 000	356 000
Financial Income	625 000	444 000	470 000	809 000
Financial Costs	4 353 000	1 014 000	619 000	792 000
Financial Balance	−3 728 000	−570 000	−149 000	17 000
Dividends	0	0	0	0
Net Income	−5 400 000	−8 257 000	2 663 000	337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	108 491 000	106 395 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 481 000	4 597 000	15 864 000	18 321 000
Total Tangible Assets	116 973 000	110 992 000	15 864 000	18 321 000
Total Fiancial Fixed Assets	382 000	229 000	29 747 000	29 892 000
Total Fixed Assets	117 355 000	111 221 000	45 611 000	48 212 000
Stock	0	0	138 000	85 000
Total Investments	0	0	0	0
Cash, Bank	18 679 000	22 665 000	26 068 000	27 225 000
Total Current Assets	23 635 000	40 050 000	36 899 000	37 521 000
Total Assets	140 990 000	151 271 000	82 510 000	85 734 000
Total Equity	10 866 000	16 266 000	26 507 000	23 844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	104 406 000	85 900 000	27 918 000	28 653 000
Creditors	7 995 000	27 196 000	1 203 000	911 000
Unpaid Taxes	1 384 000	1 134 000	912 000	2 159 000
Dividends	0	0	0	0
Other Current Debt	16 339 000	20 775 000	25 946 000	30 130 000
Total Current Debt	25 718 000	49 105 000	28 085 000	33 236 000
Total Equity and Debt	140 990 000	151 271 000	82 510 000	85 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,7 %	−50,76 %	10,05 %	1,41 %
Debt-to-Equity Ratio	9,61	5,28	1,05	1,2
Operating Profit Margin	−6,53 %	−28,34 %	8,51 %	0,81 %
Current Ratio	0,92	0,82	1,31	1,13
Quick Ratio	0,92	0,82	1,32	1,13
Equity Ratio	0,08	0,11	0,32	0,28
Gross Profit Margin	100 %	99,73 %	98,96 %	96,29 %