ØSTFOLD OLJE RAGNAR LARSEN & SØNNER AS

1628 ENGELSVIKEN

Finances

Share Ownership

Return on Equity

31,96 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 763 000	174 113 000	128 958 000	162 021 000
Net Income	3 390 000	3 116 000	2 887 000	4 634 000
Total Assets	44 676 000	41 634 000	30 499 000	35 781 000
Total Equity	10 607 000	10 607 000	10 791 000	10 803 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 763 000	174 113 000	128 958 000	162 021 000
Expenditure	226 166 000	169 927 000	125 118 000	156 016 000
Operating Profit	4 596 000	4 187 000	3 840 000	6 005 000
Financial Income	141 000	43 000	70 000	117 000
Financial Costs	395 000	231 000	207 000	152 000
Financial Balance	−254 000	−188 000	−137 000	−35 000
Earnings Before Tax	4 342 000	3 999 000	3 702 000	5 970 000
Tax	952 000	883 000	815 000	1 336 000
Net Income	3 390 000	3 116 000	2 887 000	4 634 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 969 000	8 677 000	8 964 000	7 527 000
Total Current Assets	36 706 000	32 956 000	21 536 000	28 254 000
Total Assets	44 676 000	41 634 000	30 499 000	35 781 000
Total Retained Equity	10 107 000	10 107 000	10 291 000	10 303 000
Total Equity	10 607 000	10 607 000	10 791 000	10 803 000
Total Long-Term Debt	3 187 000	3 696 000	4 457 000	2 832 000
Total Current Debt	30 881 000	27 331 000	15 251 000	22 145 000
Total Equity and Debt	44 676 000	41 634 000	30 499 000	35 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	230 753 000	174 101 000	128 948 000	161 913 000
Other Income	10 000	13 000	9 000	108 000
Revenue	230 763 000	174 113 000	128 958 000	162 021 000
Cost of Goods Sold	213 030 000	157 101 000	112 869 000	145 353 000
Salary Costs	6 966 000	6 993 000	6 466 000	5 649 000
Depreciation	1 202 000	1 014 000	1 253 000	1 039 000
Impairment	0	0	0	0
Expenditure	226 166 000	169 927 000	125 118 000	156 016 000
Operating Profit	4 596 000	4 187 000	3 840 000	6 005 000
Financial Income	141 000	43 000	70 000	117 000
Financial Costs	395 000	231 000	207 000	152 000
Financial Balance	−254 000	−188 000	−137 000	−35 000
Dividends	3 390 000	3 300 000	2 900 000	4 500 000
Net Income	3 390 000	3 116 000	2 887 000	4 634 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	0	0	0
Real Eastate	2 047 000	2 262 000	2 170 000	1 923 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 888 000	6 415 000	6 794 000	5 604 000
Total Tangible Assets	7 935 000	8 677 000	8 964 000	7 527 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 969 000	8 677 000	8 964 000	7 527 000
Stock	2 734 000	2 204 000	1 788 000	1 877 000
Total Investments	0	0	0	0
Cash, Bank	7 592 000	9 480 000	7 383 000	9 422 000
Total Current Assets	36 706 000	32 956 000	21 536 000	28 254 000
Total Assets	44 676 000	41 634 000	30 499 000	35 781 000
Total Equity	10 607 000	10 607 000	10 791 000	10 803 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 187 000	3 696 000	4 457 000	2 832 000
Creditors	24 498 000	21 523 000	10 071 000	15 354 000
Unpaid Taxes	1 313 000	929 000	829 000	475 000
Dividends	3 390 000	3 300 000	2 900 000	4 500 000
Other Current Debt	694 000	644 000	576 000	543 000
Total Current Debt	30 881 000	27 331 000	15 251 000	22 145 000
Total Equity and Debt	44 676 000	41 634 000	30 499 000	35 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,96 %	29,38 %	26,75 %	42,9 %
Debt-to-Equity Ratio	0,3	0,35	0,41	0,26
Operating Profit Margin	1,99 %	2,4 %	2,98 %	3,71 %
Current Ratio	1,19	1,21	1,41	1,28
Quick Ratio	1,3	1,31	1,6	1,39
Equity Ratio	0,24	0,25	0,35	0,3
Gross Profit Margin	7,68 %	9,77 %	12,48 %	10,29 %