OSLOFJORD VARME AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

50,92 %

Current Ratio

1,69

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	495 298 000	348 701 000	201 869 000	273 028 000
Net Income	125 576 000	99 361 000	63 870 000	80 169 000
Total Assets	740 219 000	713 154 000	653 086 000	670 094 000
Total Equity	246 610 000	210 400 000	218 437 000	195 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	495 298 000	348 701 000	201 869 000	273 028 000
Expenditure	322 052 000	212 362 000	108 320 000	157 174 000
Operating Profit	173 246 000	136 339 000	93 549 000	115 854 000
Financial Income	2 535 000	1 337 000	1 694 000	2 665 000
Financial Costs	14 990 000	10 354 000	13 371 000	15 769 000
Financial Balance	−12 455 000	−9 017 000	−11 677 000	−13 104 000
Earnings Before Tax	160 791 000	127 322 000	81 872 000	102 750 000
Tax	35 215 000	27 961 000	18 002 000	22 581 000
Net Income	125 576 000	99 361 000	63 870 000	80 169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	541 861 000	529 789 000	524 011 000	537 028 000
Total Current Assets	198 358 000	183 365 000	129 075 000	133 066 000
Total Assets	740 219 000	713 154 000	653 086 000	670 094 000
Total Retained Equity	51 521 000	15 311 000	23 348 000	0
Total Equity	246 610 000	210 400 000	218 437 000	195 089 000
Total Long-Term Debt	376 450 000	380 592 000	381 012 000	385 030 000
Total Current Debt	117 159 000	122 162 000	53 637 000	89 975 000
Total Equity and Debt	740 219 000	713 154 000	653 086 000	670 094 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	494 787 000	347 876 000	201 316 000	272 577 000
Other Income	511 000	825 000	553 000	451 000
Revenue	495 298 000	348 701 000	201 869 000	273 028 000
Cost of Goods Sold	239 466 000	134 855 000	33 509 000	75 374 000
Salary Costs	25 464 000	23 558 000	21 653 000	24 311 000
Depreciation	30 136 000	29 071 000	31 288 000	31 126 000
Impairment	0	0	0	0
Expenditure	322 052 000	212 362 000	108 320 000	157 174 000
Operating Profit	173 246 000	136 339 000	93 549 000	115 854 000
Financial Income	2 535 000	1 337 000	1 694 000	2 665 000
Financial Costs	14 990 000	10 354 000	13 371 000	15 769 000
Financial Balance	−12 455 000	−9 017 000	−11 677 000	−13 104 000
Dividends	0	0	0	0
Net Income	125 576 000	99 361 000	63 870 000	80 169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 900 000	5 097 000	5 294 000	5 490 000
Real Eastate	480 074 000	493 509 000	480 877 000	502 694 000
Machinery and Plant Facilities	46 525 000	19 337 000	24 725 000	14 337 000
Fixtures	882 000	697 000	432 000	415 000
Total Tangible Assets	527 481 000	513 543 000	506 034 000	517 446 000
Total Fiancial Fixed Assets	9 480 000	11 149 000	12 683 000	14 092 000
Total Fixed Assets	541 861 000	529 789 000	524 011 000	537 028 000
Stock	6 316 000	3 716 000	2 786 000	3 068 000
Total Investments	0	0	0	0
Cash, Bank	64 202 000	68 598 000	93 939 000	81 807 000
Total Current Assets	198 358 000	183 365 000	129 075 000	133 066 000
Total Assets	740 219 000	713 154 000	653 086 000	670 094 000
Total Equity	246 610 000	210 400 000	218 437 000	195 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	376 450 000	380 592 000	381 012 000	385 030 000
Creditors	83 727 000	30 973 000	12 913 000	22 783 000
Unpaid Taxes	10 031 000	22 667 000	9 791 000	9 920 000
Dividends	0	0	0	0
Other Current Debt	4 386 000	59 661 000	24 261 000	57 272 000
Total Current Debt	117 159 000	122 162 000	53 637 000	89 975 000
Total Equity and Debt	740 219 000	713 154 000	653 086 000	670 094 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,92 %	47,22 %	29,24 %	41,09 %
Debt-to-Equity Ratio	1,53	1,81	1,74	1,97
Operating Profit Margin	34,98 %	39,1 %	46,34 %	42,43 %
Current Ratio	1,69	1,5	2,41	1,48
Quick Ratio	1,79	1,55	2,54	1,53
Equity Ratio	0,33	0,3	0,33	0,29
Gross Profit Margin	51,65 %	61,33 %	83,4 %	72,39 %