OLAVSGAARD EIENDOM AS

2013 SKJETTEN

Finances

Return on Equity

11,15 %

Current Ratio

1,16

Debt-to-Equity Ratio

14,16

Key figures (NOK)	2022	2021	2020
Revenue	66 581 000	61 580 000	61 598 000
Net Income	3 376 000	−367 000	4 350 000
Total Assets	679 032 000	545 074 000	517 379 000
Total Equity	30 289 000	36 238 000	37 639 000

Income (NOK)	2022	2021	2020
Revenue	66 581 000	61 580 000	61 598 000
Expenditure	45 851 000	46 034 000	38 930 000
Operating Profit	20 730 000	15 546 000	22 668 000
Financial Income	163 000	227 000	129 000
Financial Costs	16 541 000	16 008 000	16 886 000
Financial Balance	−16 378 000	−15 781 000	−16 757 000
Earnings Before Tax	4 352 000	−235 000	5 911 000
Tax	976 000	131 000	1 561 000
Net Income	3 376 000	−367 000	4 350 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	423 766 000	437 025 000	443 804 000
Total Current Assets	255 266 000	108 049 000	73 574 000
Total Assets	679 032 000	545 074 000	517 379 000
Total Retained Equity	30 189 000	0	0
Total Equity	30 289 000	36 238 000	37 639 000
Total Long-Term Debt	429 004 000	398 412 000	410 933 000
Total Current Debt	219 740 000	110 424 000	68 807 000
Total Equity and Debt	679 032 000	545 074 000	517 379 000

Cash flow (NOK)	2022	2021	2020
Sales Income	32 051 000	52 850 000	58 502 000
Other Income	34 530 000	8 730 000	3 096 000
Revenue	66 581 000	61 580 000	61 598 000
Cost of Goods Sold	102 000	8 460 000	108 000
Salary Costs	8 126 000	5 343 000	4 501 000
Depreciation	15 998 000	14 896 000	14 965 000
Impairment	0	0	0
Expenditure	45 851 000	46 034 000	38 930 000
Operating Profit	20 730 000	15 546 000	22 668 000
Financial Income	163 000	227 000	129 000
Financial Costs	16 541 000	16 008 000	16 886 000
Financial Balance	−16 378 000	−15 781 000	−16 757 000
Dividends	0	6 000 000	3 000 000
Net Income	3 376 000	−367 000	4 350 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	2 728 000	2 461 000
Real Eastate	386 345 000	399 071 000	413 898 000
Machinery and Plant Facilities	0	0	0
Fixtures	1 623 000	1 139 000	1 209 000
Total Tangible Assets	387 968 000	400 210 000	415 106 000
Total Fiancial Fixed Assets	35 798 000	34 087 000	26 237 000
Total Fixed Assets	423 766 000	437 025 000	443 804 000
Stock	241 847 000	77 084 000	32 236 000
Total Investments	0	2 000	2 000
Cash, Bank	1 356 000	4 970 000	4 221 000
Total Current Assets	255 266 000	108 049 000	73 574 000
Total Assets	679 032 000	545 074 000	517 379 000
Total Equity	30 289 000	36 238 000	37 639 000
Short-Term Group Debt	8 000 000	3 258 000	0
Total Long-Term Debt	429 004 000	398 412 000	410 933 000
Creditors	20 727 000	14 947 000	12 284 000
Unpaid Taxes	598 000	4 930 000	3 877 000
Dividends	0	6 000 000	3 000 000
Other Current Debt	17 427 000	28 737 000	27 975 000
Total Current Debt	219 740 000	110 424 000	68 807 000
Total Equity and Debt	679 032 000	545 074 000	517 379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,15 %	−1,01 %	11,56 %	-
Debt-to-Equity Ratio	14,16	10,99	10,92	-
Operating Profit Margin	31,14 %	25,25 %	36,8 %	-
Current Ratio	1,16	0,98	1,07	-
Quick Ratio	−11,55	3,24	2,01	-
Equity Ratio	0,04	0,07	0,07	-
Gross Profit Margin	99,85 %	86,26 %	99,82 %	-