OLAV FINSTAD EIENDOM AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

1,09 %

Current Ratio

4,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	606 000	579 000	627 000	561 000
Net Income	96 000	1 005 000	463 000	1 110 000
Total Assets	10 952 000	11 067 000	10 584 000	10 364 000
Total Equity	8 796 000	10 700 000	9 946 000	9 983 000

Income (NOK)	2022	2021	2020	2019
Revenue	606 000	579 000	627 000	561 000
Expenditure	205 000	253 000	316 000	250 000
Operating Profit	401 000	326 000	311 000	311 000
Financial Income	998 000	786 000	448 000	940 000
Financial Costs	1 191 000	0	207 000	51 000
Financial Balance	−193 000	786 000	241 000	889 000
Earnings Before Tax	209 000	1 111 000	552 000	1 200 000
Tax	113 000	107 000	89 000	90 000
Net Income	96 000	1 005 000	463 000	1 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 781 000	1 837 000	1 530 000	1 624 000
Total Current Assets	9 171 000	9 230 000	9 055 000	8 741 000
Total Assets	10 952 000	11 067 000	10 584 000	10 364 000
Total Retained Equity	7 471 000	9 375 000	8 621 000	8 658 000
Total Equity	8 796 000	10 700 000	9 946 000	9 983 000
Total Long-Term Debt	0	0	0	8 000
Total Current Debt	2 155 000	367 000	639 000	374 000
Total Equity and Debt	10 952 000	11 067 000	10 584 000	10 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	571 000	567 000	558 000
Other Income	6 000	8 000	60 000	3 000
Revenue	606 000	579 000	627 000	561 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	3 000	1 000
Depreciation	56 000	93 000	94 000	87 000
Impairment	0	0	0	0
Expenditure	205 000	253 000	316 000	250 000
Operating Profit	401 000	326 000	311 000	311 000
Financial Income	998 000	786 000	448 000	940 000
Financial Costs	1 191 000	0	207 000	51 000
Financial Balance	−193 000	786 000	241 000	889 000
Dividends	2 000 000	250 000	500 000	250 000
Net Income	96 000	1 005 000	463 000	1 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 747 000	1 790 000	1 493 000	1 572 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	47 000	37 000	52 000
Total Tangible Assets	1 781 000	1 837 000	1 530 000	1 624 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 781 000	1 837 000	1 530 000	1 624 000
Stock	0	0	0	0
Total Investments	0	4 812 000	4 057 000	5 726 000
Cash, Bank	9 122 000	4 380 000	4 960 000	2 978 000
Total Current Assets	9 171 000	9 230 000	9 055 000	8 741 000
Total Assets	10 952 000	11 067 000	10 584 000	10 364 000
Total Equity	8 796 000	10 700 000	9 946 000	9 983 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	8 000
Creditors	0	0	0	0
Unpaid Taxes	26 000	1 000	33 000	14 000
Dividends	2 000 000	250 000	500 000	250 000
Other Current Debt	17 000	9 000	9 000	14 000
Total Current Debt	2 155 000	367 000	639 000	374 000
Total Equity and Debt	10 952 000	11 067 000	10 584 000	10 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,09 %	9,39 %	4,66 %	11,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,17 %	56,3 %	49,6 %	55,44 %
Current Ratio	4,26	25,15	14,17	23,37
Quick Ratio	4,26	25,15	14,17	23,37
Equity Ratio	0,8	0,97	0,94	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %