OLE M OLSENS KAROSSERIFABRIKK AS

9050 STORSTEINNES

Finances

Share Ownership

Return on Equity

93,53 %

Current Ratio

9,41

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 743 000	276 000	301 000	1 553 000
Net Income	4 452 000	−13 000	−127 000	289 000
Total Assets	7 426 000	1 489 000	3 548 000	4 302 000
Total Equity	4 760 000	308 000	3 021 000	3 449 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 743 000	276 000	301 000	1 553 000
Expenditure	1 064 000	300 000	500 000	1 212 000
Operating Profit	5 680 000	−25 000	−199 000	341 000
Financial Income	28 000	8 000	35 000	30 000
Financial Costs	0	0	0	0
Financial Balance	28 000	8 000	35 000	30 000
Earnings Before Tax	5 708 000	−17 000	−163 000	371 000
Tax	1 256 000	−4 000	−36 000	82 000
Net Income	4 452 000	−13 000	−127 000	289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	678 000	685 000	664 000
Total Current Assets	7 281 000	811 000	2 863 000	3 638 000
Total Assets	7 426 000	1 489 000	3 548 000	4 302 000
Total Retained Equity	4 658 000	206 000	2 919 000	3 347 000
Total Equity	4 760 000	308 000	3 021 000	3 449 000
Total Long-Term Debt	1 891 000	0	0	0
Total Current Debt	774 000	1 180 000	527 000	853 000
Total Equity and Debt	7 426 000	1 489 000	3 548 000	4 302 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	943 000	251 000	276 000	1 553 000
Other Income	5 800 000	25 000	25 000	0
Revenue	6 743 000	276 000	301 000	1 553 000
Cost of Goods Sold	433 000	53 000	47 000	289 000
Salary Costs	−172 000	9 000	192 000	689 000
Depreciation	89 000	53 000	48 000	49 000
Impairment	0	0	0	0
Expenditure	1 064 000	300 000	500 000	1 212 000
Operating Profit	5 680 000	−25 000	−199 000	341 000
Financial Income	28 000	8 000	35 000	30 000
Financial Costs	0	0	0	0
Financial Balance	28 000	8 000	35 000	30 000
Dividends	0	0	300 000	500 000
Net Income	4 452 000	−13 000	−127 000	289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	111 000	107 000	114 000
Real Eastate	0	409 000	428 000	449 000
Machinery and Plant Facilities	0	65 000	91 000	83 000
Fixtures	145 000	93 000	59 000	18 000
Total Tangible Assets	145 000	567 000	578 000	550 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	145 000	678 000	685 000	664 000
Stock	0	411 000	452 000	473 000
Total Investments	0	0	0	0
Cash, Bank	7 270 000	360 000	2 301 000	2 959 000
Total Current Assets	7 281 000	811 000	2 863 000	3 638 000
Total Assets	7 426 000	1 489 000	3 548 000	4 302 000
Total Equity	4 760 000	308 000	3 021 000	3 449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 891 000	0	0	0
Creditors	27 000	6 000	9 000	66 000
Unpaid Taxes	−7 000	6 000	56 000	133 000
Dividends	0	0	300 000	500 000
Other Current Debt	500 000	168 000	161 000	79 000
Total Current Debt	774 000	1 180 000	527 000	853 000
Total Equity and Debt	7 426 000	1 489 000	3 548 000	4 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,53 %	−4,22 %	−4,2 %	8,38 %
Debt-to-Equity Ratio	0,4	0	0	0
Operating Profit Margin	84,24 %	−9,06 %	−66,11 %	21,96 %
Current Ratio	9,41	0,69	5,43	4,26
Quick Ratio	9,41	1,05	38,17	9,57
Equity Ratio	0,64	0,21	0,85	0,8
Gross Profit Margin	93,58 %	80,8 %	84,39 %	81,39 %