PÅL OLSTAD AS

2670 OTTA

Finances

Return on Equity

139,41 %

Current Ratio

73,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 140 000	42 000	139 000	51 000
Net Income	3 838 000	−245 000	−163 000	−232 000
Total Assets	2 788 000	520 000	478 000	485 000
Total Equity	2 753 000	−1 085 000	−840 000	−677 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 140 000	42 000	139 000	51 000
Expenditure	276 000	226 000	233 000	224 000
Operating Profit	3 864 000	−184 000	−95 000	−173 000
Financial Income	24 000	22 000	17 000	15 000
Financial Costs	50 000	84 000	85 000	74 000
Financial Balance	−26 000	−62 000	−68 000	−59 000
Earnings Before Tax	3 838 000	−245 000	−163 000	−232 000
Tax	0	0	0	0
Net Income	3 838 000	−245 000	−163 000	−232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	477 000	477 000	477 000
Total Current Assets	2 568 000	43 000	1 000	7 000
Total Assets	2 788 000	520 000	478 000	485 000
Total Retained Equity	−122 000	−3 960 000	−3 715 000	−3 552 000
Total Equity	2 753 000	−1 085 000	−840 000	−677 000
Total Long-Term Debt	0	410 000	206 000	2 000
Total Current Debt	35 000	1 195 000	1 112 000	1 159 000
Total Equity and Debt	2 788 000	520 000	478 000	485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 140 000	42 000	139 000	51 000
Revenue	4 140 000	42 000	139 000	51 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	32 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	276 000	226 000	233 000	224 000
Operating Profit	3 864 000	−184 000	−95 000	−173 000
Financial Income	24 000	22 000	17 000	15 000
Financial Costs	50 000	84 000	85 000	74 000
Financial Balance	−26 000	−62 000	−68 000	−59 000
Dividends	0	0	0	0
Net Income	3 838 000	−245 000	−163 000	−232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	220 000	476 000	476 000	476 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	220 000	476 000	476 000	476 000
Total Fiancial Fixed Assets	1 000	2 000	2 000	2 000
Total Fixed Assets	221 000	477 000	477 000	477 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	114 000	43 000	1 000	2 000
Total Current Assets	2 568 000	43 000	1 000	7 000
Total Assets	2 788 000	520 000	478 000	485 000
Total Equity	2 753 000	−1 085 000	−840 000	−677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	410 000	206 000	2 000
Creditors	35 000	9 000	0	0
Unpaid Taxes	0	0	0	44 000
Dividends	0	0	0	0
Other Current Debt	0	208 000	208 000	208 000
Total Current Debt	35 000	1 195 000	1 112 000	1 159 000
Total Equity and Debt	2 788 000	520 000	478 000	485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	139,41 %	22,58 %	19,4 %	34,27 %
Debt-to-Equity Ratio	0	−0,38	−0,25	−0
Operating Profit Margin	93,33 %	−438,1 %	−68,35 %	−339,22 %
Current Ratio	73,37	0,04	0	0,01
Quick Ratio	73,37	0,04	0	0,01
Equity Ratio	0,99	−2,09	−1,76	−1,4
Gross Profit Margin	100 %	100 %	100 %	100 %