OLJE COMPAGNIET AS

8800 SANDNESSJØEN

Finances

Return on Equity

14,97 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	138 464 000	101 003 000	84 878 000	112 515 000
Net Income	2 694 000	1 436 000	1 106 000	1 108 000
Total Assets	31 279 000	26 484 000	20 672 000	23 493 000
Total Equity	17 993 000	15 299 000	13 863 000	12 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	138 464 000	101 003 000	84 878 000	112 515 000
Expenditure	134 552 000	98 915 000	83 304 000	111 035 000
Operating Profit	3 912 000	2 087 000	1 574 000	1 480 000
Financial Income	149 000	61 000	68 000	103 000
Financial Costs	501 000	352 000	339 000	227 000
Financial Balance	−352 000	−291 000	−271 000	−124 000
Earnings Before Tax	3 560 000	1 796 000	1 303 000	1 356 000
Tax	866 000	360 000	197 000	248 000
Net Income	2 694 000	1 436 000	1 106 000	1 108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 682 000	1 878 000	1 936 000	1 702 000
Total Current Assets	29 597 000	24 606 000	18 736 000	21 791 000
Total Assets	31 279 000	26 484 000	20 672 000	23 493 000
Total Retained Equity	17 893 000	15 199 000	13 763 000	12 657 000
Total Equity	17 993 000	15 299 000	13 863 000	12 757 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 286 000	11 185 000	6 809 000	10 736 000
Total Equity and Debt	31 279 000	26 484 000	20 672 000	23 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	138 464 000	101 003 000	84 860 000	112 515 000
Other Income	0	0	18 000	0
Revenue	138 464 000	101 003 000	84 878 000	112 515 000
Cost of Goods Sold	123 672 000	88 967 000	74 065 000	101 529 000
Salary Costs	4 920 000	4 461 000	4 768 000	4 684 000
Depreciation	794 000	322 000	287 000	206 000
Impairment	84 000	0	0	0
Expenditure	134 552 000	98 915 000	83 304 000	111 035 000
Operating Profit	3 912 000	2 087 000	1 574 000	1 480 000
Financial Income	149 000	61 000	68 000	103 000
Financial Costs	501 000	352 000	339 000	227 000
Financial Balance	−352 000	−291 000	−271 000	−124 000
Dividends	0	0	0	0
Net Income	2 694 000	1 436 000	1 106 000	1 108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	200 000	216 000	232 000	248 000
Machinery and Plant Facilities	522 000	1 112 000	1 050 000	1 273 000
Fixtures	950 000	540 000	644 000	95 000
Total Tangible Assets	1 672 000	1 868 000	1 926 000	1 616 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	86 000
Total Fixed Assets	1 682 000	1 878 000	1 936 000	1 702 000
Stock	4 696 000	5 701 000	4 409 000	5 406 000
Total Investments	0	0	0	0
Cash, Bank	12 559 000	10 106 000	9 272 000	6 347 000
Total Current Assets	29 597 000	24 606 000	18 736 000	21 791 000
Total Assets	31 279 000	26 484 000	20 672 000	23 493 000
Total Equity	17 993 000	15 299 000	13 863 000	12 757 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 810 000	8 554 000	4 592 000	8 614 000
Unpaid Taxes	1 411 000	1 821 000	464 000	1 335 000
Dividends	0	0	0	0
Other Current Debt	1 199 000	450 000	1 557 000	1 038 000
Total Current Debt	13 286 000	11 185 000	6 809 000	10 736 000
Total Equity and Debt	31 279 000	26 484 000	20 672 000	23 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,97 %	9,39 %	7,98 %	8,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,83 %	2,07 %	1,85 %	1,32 %
Current Ratio	2,23	2,2	2,75	2,03
Quick Ratio	3,45	4,49	7,81	4,09
Equity Ratio	0,58	0,58	0,67	0,54
Gross Profit Margin	10,68 %	11,92 %	12,74 %	9,76 %