ØLEN VASSVERK SA

5580 ØLEN

Finances

Return on Equity

1,54 %

Current Ratio

7,21

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 004 000	5 815 000	5 283 000	5 368 000
Net Income	334 000	−417 000	697 000	1 110 000
Total Assets	32 957 000	27 278 000	27 731 000	27 986 000
Total Equity	21 742 000	21 239 000	21 622 000	20 909 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 004 000	5 815 000	5 283 000	5 368 000
Expenditure	4 566 000	5 638 000	3 959 000	3 525 000
Operating Profit	664 000	−367 000	888 000	1 354 000
Financial Income	46 000	82 000	13 000	26 000
Financial Costs	376 000	132 000	203 000	270 000
Financial Balance	−330 000	−50 000	−190 000	−244 000
Earnings Before Tax	334 000	−417 000	697 000	1 110 000
Tax	0	0	0	0
Net Income	334 000	−417 000	697 000	1 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 907 000	23 209 000	22 751 000	23 586 000
Total Current Assets	8 050 000	4 069 000	4 980 000	4 400 000
Total Assets	32 957 000	27 278 000	27 731 000	27 986 000
Total Retained Equity	14 375 000	14 041 000	14 458 000	13 761 000
Total Equity	21 742 000	21 239 000	21 622 000	20 909 000
Total Long-Term Debt	10 099 000	4 565 000	5 230 000	6 049 000
Total Current Debt	1 116 000	1 474 000	878 000	1 028 000
Total Equity and Debt	32 957 000	27 278 000	27 731 000	27 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000 000	5 810 000	5 280 000	5 361 000
Other Income	4 000	5 000	3 000	7 000
Revenue	6 004 000	5 815 000	5 283 000	5 368 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 586 000	1 936 000	1 209 000	1 029 000
Depreciation	1 201 000	1 140 000	1 210 000	1 281 000
Impairment	0	0	0	0
Expenditure	4 566 000	5 638 000	3 959 000	3 525 000
Operating Profit	664 000	−367 000	888 000	1 354 000
Financial Income	46 000	82 000	13 000	26 000
Financial Costs	376 000	132 000	203 000	270 000
Financial Balance	−330 000	−50 000	−190 000	−244 000
Dividends	0	0	0	0
Net Income	334 000	−417 000	697 000	1 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 782 000	23 046 000	22 549 000	23 303 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	118 000	156 000	196 000	275 000
Total Tangible Assets	24 900 000	23 203 000	22 745 000	23 579 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	8 000
Total Fixed Assets	24 907 000	23 209 000	22 751 000	23 586 000
Stock	268 000	286 000	286 000	216 000
Total Investments	116 000	128 000	86 000	96 000
Cash, Bank	4 992 000	759 000	2 269 000	1 467 000
Total Current Assets	8 050 000	4 069 000	4 980 000	4 400 000
Total Assets	32 957 000	27 278 000	27 731 000	27 986 000
Total Equity	21 742 000	21 239 000	21 622 000	20 909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 099 000	4 565 000	5 230 000	6 049 000
Creditors	327 000	707 000	308 000	392 000
Unpaid Taxes	546 000	554 000	463 000	530 000
Dividends	0	0	0	0
Other Current Debt	242 000	212 000	107 000	106 000
Total Current Debt	1 116 000	1 474 000	878 000	1 028 000
Total Equity and Debt	32 957 000	27 278 000	27 731 000	27 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,54 %	−1,96 %	3,22 %	5,31 %
Debt-to-Equity Ratio	0,46	0,21	0,24	0,29
Operating Profit Margin	11,06 %	−6,31 %	16,81 %	25,22 %
Current Ratio	7,21	2,76	5,67	4,28
Quick Ratio	9,49	3,43	8,41	5,42
Equity Ratio	0,66	0,78	0,78	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %