OTTO OLSEN INVEST AS

2020 SKEDSMOKORSET

Finances

Return on Equity

−2,67 %

Current Ratio

18,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−12 240 000	72 480 000	45 585 000	42 184 000
Total Assets	483 248 000	531 498 000	468 823 000	429 754 000
Total Equity	457 625 000	469 767 000	457 287 000	421 702 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	961 000	929 000	690 000	721 000
Operating Profit	−961 000	−929 000	−690 000	−721 000
Financial Income	20 008 000	73 750 000	46 054 000	44 338 000
Financial Costs	31 287 000	341 000	−220 000	1 433 000
Financial Balance	−11 279 000	73 409 000	46 274 000	42 905 000
Earnings Before Tax	−12 240 000	72 480 000	45 585 000	42 184 000
Tax	0	0	0	0
Net Income	−12 240 000	72 480 000	45 585 000	42 184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	382 000	705 000	5 156 000	5 238 000
Total Current Assets	482 866 000	530 793 000	463 666 000	424 516 000
Total Assets	483 248 000	531 498 000	468 823 000	429 754 000
Total Retained Equity	456 287 000	468 526 000	456 047 000	420 462 000
Total Equity	457 625 000	469 767 000	457 287 000	421 702 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 624 000	61 732 000	11 535 000	8 051 000
Total Equity and Debt	483 248 000	531 498 000	468 823 000	429 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	961 000	929 000	690 000	721 000
Operating Profit	−961 000	−929 000	−690 000	−721 000
Financial Income	20 008 000	73 750 000	46 054 000	44 338 000
Financial Costs	31 287 000	341 000	−220 000	1 433 000
Financial Balance	−11 279 000	73 409 000	46 274 000	42 905 000
Dividends	0	0	0	0
Net Income	−12 240 000	72 480 000	45 585 000	42 184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	382 000	705 000	5 156 000	5 238 000
Total Fixed Assets	382 000	705 000	5 156 000	5 238 000
Stock	0	0	0	0
Total Investments	438 800 000	508 613 000	384 352 000	407 505 000
Cash, Bank	44 066 000	22 181 000	79 315 000	8 693 000
Total Current Assets	482 866 000	530 793 000	463 666 000	424 516 000
Total Assets	483 248 000	531 498 000	468 823 000	429 754 000
Total Equity	457 625 000	469 767 000	457 287 000	421 702 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 624 000	21 732 000	11 535 000	8 051 000
Total Current Debt	25 624 000	61 732 000	11 535 000	8 051 000
Total Equity and Debt	483 248 000	531 498 000	468 823 000	429 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,67 %	15,43 %	9,97 %	10 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	18,84	8,6	40,2	52,73
Quick Ratio	18,84	8,6	40,2	52,73
Equity Ratio	0,95	0,88	0,98	0,98
Gross Profit Margin	-	-	-	-