ØLVE MAT AS

5637 ØLVE

Finances

Share Ownership

Return on Equity

−2,22 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 782 000	13 105 000	13 848 000	12 497 000
Net Income	−36 000	108 000	631 000	65 000
Total Assets	4 039 000	4 346 000	4 995 000	4 371 000
Total Equity	1 621 000	1 657 000	1 550 000	919 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 782 000	13 105 000	13 848 000	12 497 000
Expenditure	12 783 000	12 943 000	12 972 000	12 335 000
Operating Profit	0	162 000	875 000	163 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	48 000	26 000	69 000	81 000
Financial Balance	−46 000	−24 000	−67 000	−80 000
Earnings Before Tax	−45 000	138 000	809 000	83 000
Tax	−10 000	30 000	178 000	18 000
Net Income	−36 000	108 000	631 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 155 000	2 377 000	2 586 000	2 772 000
Total Current Assets	1 884 000	1 969 000	2 408 000	1 600 000
Total Assets	4 039 000	4 346 000	4 995 000	4 371 000
Total Retained Equity	1 472 000	1 508 000	1 401 000	770 000
Total Equity	1 621 000	1 657 000	1 550 000	919 000
Total Long-Term Debt	1 492 000	1 861 000	2 368 000	2 655 000
Total Current Debt	926 000	828 000	1 077 000	797 000
Total Equity and Debt	4 039 000	4 346 000	4 995 000	4 371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 193 000	12 738 000	13 454 000	12 134 000
Other Income	589 000	368 000	393 000	363 000
Revenue	12 782 000	13 105 000	13 848 000	12 497 000
Cost of Goods Sold	9 037 000	9 368 000	9 791 000	9 034 000
Salary Costs	2 171 000	2 155 000	2 072 000	2 100 000
Depreciation	254 000	245 000	232 000	186 000
Impairment	0	0	0	0
Expenditure	12 783 000	12 943 000	12 972 000	12 335 000
Operating Profit	0	162 000	875 000	163 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	48 000	26 000	69 000	81 000
Financial Balance	−46 000	−24 000	−67 000	−80 000
Dividends	0	0	0	0
Net Income	−36 000	108 000	631 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 634 000	1 700 000	1 765 000	1 814 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	520 000	676 000	820 000	957 000
Total Tangible Assets	2 154 000	2 376 000	2 585 000	2 771 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	2 155 000	2 377 000	2 586 000	2 772 000
Stock	910 000	943 000	899 000	772 000
Total Investments	0	0	0	0
Cash, Bank	360 000	435 000	906 000	323 000
Total Current Assets	1 884 000	1 969 000	2 408 000	1 600 000
Total Assets	4 039 000	4 346 000	4 995 000	4 371 000
Total Equity	1 621 000	1 657 000	1 550 000	919 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 492 000	1 861 000	2 368 000	2 655 000
Creditors	448 000	397 000	484 000	414 000
Unpaid Taxes	189 000	132 000	177 000	140 000
Dividends	0	0	0	0
Other Current Debt	276 000	254 000	233 000	236 000
Total Current Debt	926 000	828 000	1 077 000	797 000
Total Equity and Debt	4 039 000	4 346 000	4 995 000	4 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,22 %	6,52 %	40,71 %	7,07 %
Debt-to-Equity Ratio	0,92	1,12	1,53	2,89
Operating Profit Margin	0 %	1,24 %	6,32 %	1,3 %
Current Ratio	2,03	2,38	2,24	2,01
Quick Ratio	117,75	−17,12	13,53	64
Equity Ratio	0,4	0,38	0,31	0,21
Gross Profit Margin	29,3 %	28,52 %	29,3 %	27,71 %