ØLEN BEGRAVELSESBYRÅ AS

5582 ØLENSVÅG

Finances

Return on Equity

8,63 %

Current Ratio

3,96

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 297 000	2 593 000	3 048 000	2 827 000
Net Income	59 000	−102 000	130 000	−127 000
Total Assets	2 511 000	1 718 000	2 101 000	2 044 000
Total Equity	684 000	625 000	728 000	597 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 297 000	2 593 000	3 048 000	2 827 000
Expenditure	3 164 000	2 685 000	2 821 000	2 936 000
Operating Profit	133 000	−92 000	228 000	−109 000
Financial Income	4 000	7 000	0	0
Financial Costs	63 000	47 000	60 000	52 000
Financial Balance	−59 000	−40 000	−60 000	−52 000
Earnings Before Tax	74 000	−131 000	169 000	−162 000
Tax	15 000	−29 000	38 000	−34 000
Net Income	59 000	−102 000	130 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 415 000	806 000	1 018 000	1 231 000
Total Current Assets	1 096 000	912 000	1 083 000	813 000
Total Assets	2 511 000	1 718 000	2 101 000	2 044 000
Total Retained Equity	584 000	525 000	628 000	497 000
Total Equity	684 000	625 000	728 000	597 000
Total Long-Term Debt	1 550 000	785 000	1 044 000	1 113 000
Total Current Debt	277 000	308 000	330 000	335 000
Total Equity and Debt	2 511 000	1 718 000	2 101 000	2 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 068 000	2 347 000	2 801 000	2 375 000
Other Income	228 000	246 000	247 000	452 000
Revenue	3 297 000	2 593 000	3 048 000	2 827 000
Cost of Goods Sold	1 207 000	961 000	1 054 000	898 000
Salary Costs	1 091 000	957 000	1 051 000	1 136 000
Depreciation	226 000	212 000	214 000	219 000
Impairment	0	0	0	0
Expenditure	3 164 000	2 685 000	2 821 000	2 936 000
Operating Profit	133 000	−92 000	228 000	−109 000
Financial Income	4 000	7 000	0	0
Financial Costs	63 000	47 000	60 000	52 000
Financial Balance	−59 000	−40 000	−60 000	−52 000
Dividends	0	0	0	0
Net Income	59 000	−102 000	130 000	−127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 000	17 000	22 000	26 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 402 000	789 000	996 000	1 205 000
Total Tangible Assets	1 415 000	806 000	1 018 000	1 231 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 415 000	806 000	1 018 000	1 231 000
Stock	45 000	37 000	25 000	28 000
Total Investments	0	0	0	0
Cash, Bank	727 000	496 000	613 000	356 000
Total Current Assets	1 096 000	912 000	1 083 000	813 000
Total Assets	2 511 000	1 718 000	2 101 000	2 044 000
Total Equity	684 000	625 000	728 000	597 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 550 000	785 000	1 044 000	1 113 000
Creditors	106 000	136 000	144 000	139 000
Unpaid Taxes	58 000	88 000	85 000	87 000
Dividends	0	0	0	0
Other Current Debt	113 000	84 000	100 000	108 000
Total Current Debt	277 000	308 000	330 000	335 000
Total Equity and Debt	2 511 000	1 718 000	2 101 000	2 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,63 %	−16,32 %	17,86 %	−21,27 %
Debt-to-Equity Ratio	2,27	1,26	1,43	1,86
Operating Profit Margin	4,03 %	−3,55 %	7,48 %	−3,86 %
Current Ratio	3,96	2,96	3,28	2,43
Quick Ratio	4,72	3,37	3,55	2,65
Equity Ratio	0,27	0,36	0,35	0,29
Gross Profit Margin	63,39 %	62,94 %	65,42 %	68,23 %