ØLEN BETONG TRANSPORT AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

42,74 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	193 290 000	164 818 000	140 570 000	146 401 000
Net Income	6 916 000	7 587 000	6 119 000	6 439 000
Total Assets	60 065 000	54 606 000	61 203 000	54 451 000
Total Equity	16 182 000	13 618 000	13 031 000	20 912 000

Income (NOK)	2022	2021	2020	2019
Revenue	193 290 000	164 818 000	140 570 000	146 401 000
Expenditure	183 854 000	155 070 000	132 788 000	138 349 000
Operating Profit	9 436 000	9 748 000	7 782 000	8 053 000
Financial Income	84 000	6 000	66 000	205 000
Financial Costs	116 000	13 000	3 000	2 000
Financial Balance	−32 000	−7 000	63 000	203 000
Earnings Before Tax	9 404 000	9 741 000	7 845 000	8 256 000
Tax	2 488 000	2 153 000	1 727 000	1 816 000
Net Income	6 916 000	7 587 000	6 119 000	6 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 848 000	8 523 000	4 238 000	6 168 000
Total Current Assets	51 217 000	46 083 000	56 965 000	48 282 000
Total Assets	60 065 000	54 606 000	61 203 000	54 451 000
Total Retained Equity	15 567 000	13 103 000	12 516 000	20 397 000
Total Equity	16 182 000	13 618 000	13 031 000	20 912 000
Total Long-Term Debt	3 541 000	245 000	91 000	132 000
Total Current Debt	40 343 000	40 742 000	48 081 000	33 407 000
Total Equity and Debt	60 065 000	54 606 000	61 203 000	54 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 672 000	158 201 000	134 432 000	140 077 000
Other Income	13 618 000	6 617 000	6 138 000	6 325 000
Revenue	193 290 000	164 818 000	140 570 000	146 401 000
Cost of Goods Sold	0	0	0	0
Salary Costs	85 535 000	80 457 000	66 130 000	72 473 000
Depreciation	3 709 000	1 360 000	1 429 000	939 000
Impairment	0	0	0	0
Expenditure	183 854 000	155 070 000	132 788 000	138 349 000
Operating Profit	9 436 000	9 748 000	7 782 000	8 053 000
Financial Income	84 000	6 000	66 000	205 000
Financial Costs	116 000	13 000	3 000	2 000
Financial Balance	−32 000	−7 000	63 000	203 000
Dividends	5 000 000	7 000 000	14 000 000	6 000 000
Net Income	6 916 000	7 587 000	6 119 000	6 439 000

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	8 848 000	8 523 000	4 238 000	6 168 000
Total Tangible Assets	8 848 000	8 523 000	4 238 000	6 168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 848 000	8 523 000	4 238 000	6 168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	71 000	3 014 000	39 075 000	32 645 000
Total Current Assets	51 217 000	46 083 000	56 965 000	48 282 000
Total Assets	60 065 000	54 606 000	61 203 000	54 451 000
Total Equity	16 182 000	13 618 000	13 031 000	20 912 000
Short-Term Group Debt	595 000	0	0	0
Total Long-Term Debt	3 541 000	245 000	91 000	132 000
Creditors	16 122 000	9 947 000	10 774 000	6 546 000
Unpaid Taxes	4 503 000	8 383 000	8 396 000	9 790 000
Dividends	5 000 000	7 000 000	14 000 000	6 000 000
Other Current Debt	12 212 000	13 413 000	13 144 000	9 574 000
Total Current Debt	40 343 000	40 742 000	48 081 000	33 407 000
Total Equity and Debt	60 065 000	54 606 000	61 203 000	54 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,74 %	55,71 %	46,96 %	30,79 %
Debt-to-Equity Ratio	0,22	0,02	0,01	0,01
Operating Profit Margin	4,88 %	5,91 %	5,54 %	5,5 %
Current Ratio	1,27	1,13	1,18	1,45
Quick Ratio	1,27	1,13	1,18	1,45
Equity Ratio	0,27	0,25	0,21	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %