OLAVSGAARD GRUPPEN AS

2013 SKJETTEN

Finances

Return on Equity

6,57 %

Current Ratio

1,15

Debt-to-Equity Ratio

6,82

Key figures (NOK)	2022	2021	2020
Revenue	204 091 000	155 367 000	127 421 000
Net Income	3 949 000	14 229 000	3 591 000
Total Assets	706 033 000	573 099 000	536 597 000
Total Equity	60 089 000	58 827 000	50 658 000

Income (NOK)	2022	2021	2020
Revenue	204 091 000	155 367 000	127 421 000
Expenditure	183 008 000	121 426 000	105 408 000
Operating Profit	21 083 000	33 942 000	22 013 000
Financial Income	596 000	447 000	347 000
Financial Costs	16 593 000	16 008 000	17 303 000
Financial Balance	−15 997 000	−15 561 000	−16 956 000
Earnings Before Tax	5 085 000	18 380 000	5 057 000
Tax	1 137 000	4 151 000	1 466 000
Net Income	3 949 000	14 229 000	3 591 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	434 377 000	447 652 000	462 490 000
Total Current Assets	271 656 000	125 447 000	74 107 000
Total Assets	706 033 000	573 099 000	536 597 000
Total Retained Equity	52 403 000	15 004 000	5 433 000
Total Equity	60 089 000	58 827 000	50 658 000
Total Long-Term Debt	409 927 000	383 683 000	396 276 000
Total Current Debt	236 017 000	130 589 000	89 663 000
Total Equity and Debt	706 033 000	573 099 000	536 597 000

Cash flow (NOK)	2022	2021	2020
Sales Income	194 025 000	134 511 000	111 060 000
Other Income	10 066 000	20 856 000	16 362 000
Revenue	204 091 000	155 367 000	127 421 000
Cost of Goods Sold	26 386 000	19 610 000	12 000 000
Salary Costs	73 242 000	41 440 000	41 735 000
Depreciation	16 580 000	15 584 000	16 103 000
Impairment	0	0	0
Expenditure	183 008 000	121 426 000	105 408 000
Operating Profit	21 083 000	33 942 000	22 013 000
Financial Income	596 000	447 000	347 000
Financial Costs	16 593 000	16 008 000	17 303 000
Financial Balance	−15 997 000	−15 561 000	−16 956 000
Dividends	0	6 000 000	3 000 000
Net Income	3 949 000	14 229 000	3 591 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	3 279 000	3 007 000
Real Eastate	386 345 000	399 071 000	413 898 000
Machinery and Plant Facilities	0	0	0
Fixtures	7 584 000	7 533 000	8 290 000
Total Tangible Assets	393 929 000	406 604 000	422 187 000
Total Fiancial Fixed Assets	40 448 000	37 769 000	37 296 000
Total Fixed Assets	434 377 000	447 652 000	462 490 000
Stock	244 740 000	79 051 000	34 182 000
Total Investments	0	2 000	2 000
Cash, Bank	3 897 000	27 887 000	9 730 000
Total Current Assets	271 656 000	125 447 000	74 107 000
Total Assets	706 033 000	573 099 000	536 597 000
Total Equity	60 089 000	58 827 000	50 658 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	409 927 000	383 683 000	396 276 000
Creditors	28 241 000	22 830 000	16 201 000
Unpaid Taxes	8 228 000	10 488 000	6 920 000
Dividends	0	6 000 000	3 000 000
Other Current Debt	28 290 000	36 112 000	36 851 000
Total Current Debt	236 017 000	130 589 000	89 663 000
Total Equity and Debt	706 033 000	573 099 000	536 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,57 %	24,19 %	7,09 %	-
Debt-to-Equity Ratio	6,82	6,52	7,82	-
Operating Profit Margin	10,33 %	21,85 %	17,28 %	-
Current Ratio	1,15	0,96	0,83	-
Quick Ratio	−31,14	2,43	1,34	-
Equity Ratio	0,09	0,1	0,09	-
Gross Profit Margin	87,07 %	87,38 %	90,58 %	-