OLYMPIC SHIP AS

6090 FOSNAVÅG

Finances

Return on Equity

4,95 %

Current Ratio

45,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 475 000	9 013 000	5 490 000	3 675 000
Net Income	2 474 000	1 566 000	2 270 000	−1 473 000
Total Assets	50 545 000	52 142 000	48 304 000	43 641 000
Total Equity	49 964 000	47 490 000	45 924 000	−16 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 475 000	9 013 000	5 490 000	3 675 000
Expenditure	3 766 000	7 541 000	3 554 000	2 871 000
Operating Profit	1 709 000	1 472 000	1 936 000	804 000
Financial Income	1 453 000	298 000	419 000	42 000
Financial Costs	688 000	204 000	84 000	2 318 000
Financial Balance	765 000	94 000	335 000	−2 276 000
Earnings Before Tax	2 474 000	1 566 000	2 270 000	−1 473 000
Tax	0	0	0	0
Net Income	2 474 000	1 566 000	2 270 000	−1 473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 196 000	27 782 000	31 571 000	35 360 000
Total Current Assets	26 349 000	24 360 000	16 733 000	8 281 000
Total Assets	50 545 000	52 142 000	48 304 000	43 641 000
Total Retained Equity	46 013 000	43 539 000	41 973 000	−20 527 000
Total Equity	49 964 000	47 490 000	45 924 000	−16 576 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	581 000	4 652 000	2 380 000	60 218 000
Total Equity and Debt	50 545 000	52 142 000	48 304 000	43 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 475 000	9 013 000	5 490 000	3 675 000
Revenue	5 475 000	9 013 000	5 490 000	3 675 000
Cost of Goods Sold	0	3 572 000	0	0
Salary Costs	0	0	0	0
Depreciation	3 361 000	3 564 000	3 564 000	3 564 000
Impairment	0	0	0	0
Expenditure	3 766 000	7 541 000	3 554 000	2 871 000
Operating Profit	1 709 000	1 472 000	1 936 000	804 000
Financial Income	1 453 000	298 000	419 000	42 000
Financial Costs	688 000	204 000	84 000	2 318 000
Financial Balance	765 000	94 000	335 000	−2 276 000
Dividends	0	0	0	0
Net Income	2 474 000	1 566 000	2 270 000	−1 473 000

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	23 746 000	27 107 000	30 671 000	34 235 000
Total Tangible Assets	23 746 000	27 107 000	30 671 000	34 235 000
Total Fiancial Fixed Assets	450 000	675 000	900 000	1 125 000
Total Fixed Assets	24 196 000	27 782 000	31 571 000	35 360 000
Stock	50 000	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	22 085 000	15 271 000	6 659 000	6 092 000
Total Current Assets	26 349 000	24 360 000	16 733 000	8 281 000
Total Assets	50 545 000	52 142 000	48 304 000	43 641 000
Total Equity	49 964 000	47 490 000	45 924 000	−16 576 000
Short-Term Group Debt	0	0	0	60 180 000
Total Long-Term Debt	0	0	0	0
Creditors	581 000	3 572 000	1 616 000	38 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 081 000	764 000	0
Total Current Debt	581 000	4 652 000	2 380 000	60 218 000
Total Equity and Debt	50 545 000	52 142 000	48 304 000	43 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,95 %	3,3 %	4,94 %	8,89 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	31,21 %	16,33 %	35,26 %	21,88 %
Current Ratio	45,35	5,24	7,03	0,14
Quick Ratio	49,62	5,29	7,18	0,14
Equity Ratio	0,99	0,91	0,95	−0,38
Gross Profit Margin	100 %	60,37 %	100 %	100 %