ØLSTAD DRIFT AS

2665 LESJA

Finances

Share Ownership

Return on Equity

36,55 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 898 000	2 342 000	2 271 000	1 512 000
Net Income	515 000	226 000	132 000	325 000
Total Assets	3 022 000	1 334 000	911 000	869 000
Total Equity	1 409 000	894 000	669 000	537 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 898 000	2 342 000	2 271 000	1 512 000
Expenditure	2 212 000	2 061 000	2 105 000	1 097 000
Operating Profit	686 000	282 000	165 000	415 000
Financial Income	9 000	8 000	4 000	0
Financial Costs	35 000	0	1 000	0
Financial Balance	−26 000	8 000	3 000	0
Earnings Before Tax	660 000	289 000	169 000	415 000
Tax	145 000	64 000	37 000	90 000
Net Income	515 000	226 000	132 000	325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 537 000	389 000	179 000	172 000
Total Current Assets	1 485 000	945 000	732 000	697 000
Total Assets	3 022 000	1 334 000	911 000	869 000
Total Retained Equity	1 259 000	744 000	519 000	387 000
Total Equity	1 409 000	894 000	669 000	537 000
Total Long-Term Debt	977 000	16 000	11 000	11 000
Total Current Debt	635 000	423 000	232 000	321 000
Total Equity and Debt	3 022 000	1 334 000	911 000	869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 693 000	2 166 000	1 977 000	1 311 000
Other Income	205 000	176 000	294 000	201 000
Revenue	2 898 000	2 342 000	2 271 000	1 512 000
Cost of Goods Sold	679 000	447 000	433 000	279 000
Salary Costs	606 000	676 000	764 000	253 000
Depreciation	178 000	39 000	17 000	13 000
Impairment	0	0	0	0
Expenditure	2 212 000	2 061 000	2 105 000	1 097 000
Operating Profit	686 000	282 000	165 000	415 000
Financial Income	9 000	8 000	4 000	0
Financial Costs	35 000	0	1 000	0
Financial Balance	−26 000	8 000	3 000	0
Dividends	0	0	0	0
Net Income	515 000	226 000	132 000	325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	134 000	146 000	159 000	172 000
Machinery and Plant Facilities	276 000	242 000	0	0
Fixtures	1 128 000	0	20 000	0
Total Tangible Assets	1 537 000	389 000	179 000	172 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 537 000	389 000	179 000	172 000
Stock	26 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 074 000	566 000	342 000	510 000
Total Current Assets	1 485 000	945 000	732 000	697 000
Total Assets	3 022 000	1 334 000	911 000	869 000
Total Equity	1 409 000	894 000	669 000	537 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	977 000	16 000	11 000	11 000
Creditors	0	0	0	0
Unpaid Taxes	276 000	139 000	43 000	218 000
Dividends	0	0	0	0
Other Current Debt	256 000	226 000	151 000	24 000
Total Current Debt	635 000	423 000	232 000	321 000
Total Equity and Debt	3 022 000	1 334 000	911 000	869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,55 %	25,28 %	19,73 %	60,52 %
Debt-to-Equity Ratio	0,69	0,02	0,02	0,02
Operating Profit Margin	23,67 %	12,04 %	7,27 %	27,45 %
Current Ratio	2,34	2,23	3,16	2,17
Quick Ratio	2,44	2,23	3,16	2,17
Equity Ratio	0,47	0,67	0,73	0,62
Gross Profit Margin	76,57 %	80,91 %	80,93 %	81,55 %