OLAVSGT 2 AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

49,82 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 505 000	1 323 000	1 323 000	1 425 000
Net Income	692 000	507 000	641 000	662 000
Total Assets	4 812 000	5 026 000	5 115 000	5 359 000
Total Equity	1 389 000	698 000	1 073 000	1 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 505 000	1 323 000	1 323 000	1 425 000
Expenditure	521 000	563 000	377 000	436 000
Operating Profit	983 000	760 000	946 000	989 000
Financial Income	7 000	7 000	7 000	6 000
Financial Costs	104 000	118 000	132 000	146 000
Financial Balance	−97 000	−111 000	−125 000	−140 000
Earnings Before Tax	887 000	649 000	821 000	849 000
Tax	195 000	143 000	181 000	187 000
Net Income	692 000	507 000	641 000	662 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 290 000	4 344 000	4 703 000	4 462 000
Total Current Assets	522 000	683 000	413 000	897 000
Total Assets	4 812 000	5 026 000	5 115 000	5 359 000
Total Retained Equity	1 089 000	398 000	773 000	792 000
Total Equity	1 389 000	698 000	1 073 000	1 092 000
Total Long-Term Debt	2 780 000	3 073 000	3 001 000	3 287 000
Total Current Debt	643 000	1 255 000	1 042 000	981 000
Total Equity and Debt	4 812 000	5 026 000	5 115 000	5 359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	342 000	152 000	93 000	201 000
Other Income	1 163 000	1 170 000	1 230 000	1 224 000
Revenue	1 505 000	1 323 000	1 323 000	1 425 000
Cost of Goods Sold	253 000	170 000	86 000	159 000
Salary Costs	0	0	0	0
Depreciation	53 000	59 000	59 000	59 000
Impairment	0	0	0	0
Expenditure	521 000	563 000	377 000	436 000
Operating Profit	983 000	760 000	946 000	989 000
Financial Income	7 000	7 000	7 000	6 000
Financial Costs	104 000	118 000	132 000	146 000
Financial Balance	−97 000	−111 000	−125 000	−140 000
Dividends	0	0	0	0
Net Income	692 000	507 000	641 000	662 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 277 000	4 324 000	4 377 000	4 429 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	19 000	26 000	32 000
Total Tangible Assets	4 290 000	4 344 000	4 403 000	4 462 000
Total Fiancial Fixed Assets	0	0	300 000	0
Total Fixed Assets	4 290 000	4 344 000	4 703 000	4 462 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	242 000	639 000	221 000	81 000
Total Current Assets	522 000	683 000	413 000	897 000
Total Assets	4 812 000	5 026 000	5 115 000	5 359 000
Total Equity	1 389 000	698 000	1 073 000	1 092 000
Short-Term Group Debt	384 000	1 153 000	978 000	884 000
Total Long-Term Debt	2 780 000	3 073 000	3 001 000	3 287 000
Creditors	5 000	64 000	11 000	17 000
Unpaid Taxes	55 000	21 000	35 000	41 000
Dividends	0	0	0	0
Other Current Debt	0	17 000	17 000	39 000
Total Current Debt	643 000	1 255 000	1 042 000	981 000
Total Equity and Debt	4 812 000	5 026 000	5 115 000	5 359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,82 %	72,64 %	59,74 %	60,62 %
Debt-to-Equity Ratio	2	4,4	2,8	3,01
Operating Profit Margin	65,32 %	57,45 %	71,5 %	69,4 %
Current Ratio	0,81	0,54	0,4	0,91
Quick Ratio	0,81	0,54	0,4	0,91
Equity Ratio	0,29	0,14	0,21	0,2
Gross Profit Margin	83,19 %	87,15 %	93,5 %	88,84 %