OLSENS HANDELSGARTNERI AS

4812 KONGSHAVN

Finances

Share Ownership

Return on Equity

3,59 %

Current Ratio

0,89

Debt-to-Equity Ratio

−0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 424 000	5 113 000	4 803 000	4 855 000
Net Income	−50 000	89 000	400 000	−555 000
Total Assets	1 608 000	1 406 000	1 142 000	905 000
Total Equity	−1 392 000	−1 341 000	−1 431 000	−1 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 424 000	5 113 000	4 803 000	4 855 000
Expenditure	5 385 000	4 944 000	4 316 000	5 266 000
Operating Profit	40 000	170 000	486 000	−411 000
Financial Income	21 000	24 000	18 000	12 000
Financial Costs	111 000	104 000	105 000	156 000
Financial Balance	−90 000	−80 000	−87 000	−144 000
Earnings Before Tax	−50 000	89 000	400 000	−555 000
Tax	0	0	0	0
Net Income	−50 000	89 000	400 000	−555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	184 000	56 000	70 000
Total Current Assets	1 458 000	1 222 000	1 086 000	835 000
Total Assets	1 608 000	1 406 000	1 142 000	905 000
Total Retained Equity	−1 642 000	−1 591 000	−1 681 000	−2 080 000
Total Equity	−1 392 000	−1 341 000	−1 431 000	−1 830 000
Total Long-Term Debt	1 355 000	1 425 000	1 496 000	1 594 000
Total Current Debt	1 645 000	1 323 000	1 076 000	1 141 000
Total Equity and Debt	1 608 000	1 406 000	1 142 000	905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 203 000	5 113 000	4 802 000	4 832 000
Other Income	222 000	0	0	23 000
Revenue	5 424 000	5 113 000	4 803 000	4 855 000
Cost of Goods Sold	2 149 000	2 340 000	2 082 000	2 321 000
Salary Costs	1 094 000	997 000	1 124 000	1 580 000
Depreciation	34 000	19 000	14 000	12 000
Impairment	0	0	0	0
Expenditure	5 385 000	4 944 000	4 316 000	5 266 000
Operating Profit	40 000	170 000	486 000	−411 000
Financial Income	21 000	24 000	18 000	12 000
Financial Costs	111 000	104 000	105 000	156 000
Financial Balance	−90 000	−80 000	−87 000	−144 000
Dividends	0	0	0	0
Net Income	−50 000	89 000	400 000	−555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	132 000	146 000	0	0
Machinery and Plant Facilities	18 000	37 000	56 000	70 000
Fixtures	0	0	0	0
Total Tangible Assets	150 000	184 000	56 000	70 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	150 000	184 000	56 000	70 000
Stock	330 000	324 000	339 000	309 000
Total Investments	0	0	0	0
Cash, Bank	44 000	29 000	60 000	32 000
Total Current Assets	1 458 000	1 222 000	1 086 000	835 000
Total Assets	1 608 000	1 406 000	1 142 000	905 000
Total Equity	−1 392 000	−1 341 000	−1 431 000	−1 830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 355 000	1 425 000	1 496 000	1 594 000
Creditors	754 000	736 000	595 000	740 000
Unpaid Taxes	82 000	42 000	117 000	62 000
Dividends	0	0	0	0
Other Current Debt	589 000	385 000	365 000	269 000
Total Current Debt	1 645 000	1 323 000	1 076 000	1 141 000
Total Equity and Debt	1 608 000	1 406 000	1 142 000	905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,59 %	−6,64 %	−27,95 %	30,33 %
Debt-to-Equity Ratio	−0,97	−1,06	−1,05	−0,87
Operating Profit Margin	0,74 %	3,32 %	10,12 %	−8,47 %
Current Ratio	0,89	0,92	1,01	0,73
Quick Ratio	1,11	1,22	1,47	1
Equity Ratio	−0,87	−0,95	−1,25	−2,02
Gross Profit Margin	60,38 %	54,23 %	56,65 %	52,19 %