OLSEN EIENDOM LEKNES AS

8370 LEKNES

Finances

Return on Equity

5,79 %

Current Ratio

5,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 570 000	3 230 000	15 073 000	80 665 000
Net Income	1 283 000	848 000	277 000	10 677 000
Total Assets	24 378 000	36 916 000	51 868 000	55 155 000
Total Equity	22 150 000	21 867 000	38 893 000	40 308 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 570 000	3 230 000	15 073 000	80 665 000
Expenditure	2 202 000	2 316 000	14 759 000	68 851 000
Operating Profit	1 368 000	914 000	314 000	11 814 000
Financial Income	293 000	174 000	296 000	349 000
Financial Costs	0	0	253 000	502 000
Financial Balance	293 000	174 000	43 000	−153 000
Earnings Before Tax	1 660 000	1 088 000	357 000	11 661 000
Tax	377 000	240 000	80 000	984 000
Net Income	1 283 000	848 000	277 000	10 677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 725 000	11 783 000	26 263 000	20 195 000
Total Current Assets	12 653 000	25 133 000	25 605 000	34 959 000
Total Assets	24 378 000	36 916 000	51 868 000	55 155 000
Total Retained Equity	21 952 000	21 669 000	38 695 000	40 110 000
Total Equity	22 150 000	21 867 000	38 893 000	40 308 000
Total Long-Term Debt	0	9 000	9 711 000	11 032 000
Total Current Debt	2 228 000	15 040 000	3 263 000	3 814 000
Total Equity and Debt	24 378 000	36 916 000	51 868 000	55 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 225 000	3 170 000	11 227 000	76 166 000
Other Income	345 000	60 000	3 846 000	4 499 000
Revenue	3 570 000	3 230 000	15 073 000	80 665 000
Cost of Goods Sold	0	0	1 000	39 684 000
Salary Costs	1 046 000	1 034 000	3 383 000	12 118 000
Depreciation	823 000	800 000	3 672 000	4 093 000
Impairment	0	0	0	0
Expenditure	2 202 000	2 316 000	14 759 000	68 851 000
Operating Profit	1 368 000	914 000	314 000	11 814 000
Financial Income	293 000	174 000	296 000	349 000
Financial Costs	0	0	253 000	502 000
Financial Balance	293 000	174 000	43 000	−153 000
Dividends	0	800 000	1 200 000	2 000 000
Net Income	1 283 000	848 000	277 000	10 677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 040 000	10 690 000	11 171 000	6 744 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 432 000	841 000	11 370 000	13 428 000
Total Tangible Assets	11 473 000	11 531 000	22 542 000	20 171 000
Total Fiancial Fixed Assets	252 000	252 000	3 721 000	24 000
Total Fixed Assets	11 725 000	11 783 000	26 263 000	20 195 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 232 000	24 708 000	22 273 000	31 954 000
Total Current Assets	12 653 000	25 133 000	25 605 000	34 959 000
Total Assets	24 378 000	36 916 000	51 868 000	55 155 000
Total Equity	22 150 000	21 867 000	38 893 000	40 308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	9 711 000	11 032 000
Creditors	400 000	461 000	780 000	591 000
Unpaid Taxes	96 000	161 000	266 000	169 000
Dividends	0	800 000	1 200 000	2 000 000
Other Current Debt	1 346 000	13 347 000	662 000	343 000
Total Current Debt	2 228 000	15 040 000	3 263 000	3 814 000
Total Equity and Debt	24 378 000	36 916 000	51 868 000	55 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,79 %	3,88 %	0,71 %	26,49 %
Debt-to-Equity Ratio	0	0	0,25	0,27
Operating Profit Margin	38,32 %	28,3 %	2,08 %	14,65 %
Current Ratio	5,68	1,67	7,85	9,17
Quick Ratio	5,68	1,67	7,85	9,17
Equity Ratio	0,91	0,59	0,75	0,73
Gross Profit Margin	100 %	100 %	99,99 %	50,8 %