OLSENS MØBLER AS

6415 MOLDE

Finances

Return on Equity

22,93 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 777 000	14 184 000	11 566 000	11 436 000
Net Income	605 000	1 348 000	599 000	128 000
Total Assets	4 999 000	5 690 000	3 667 000	3 808 000
Total Equity	2 638 000	2 493 000	1 385 000	927 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 777 000	14 184 000	11 566 000	11 436 000
Expenditure	12 951 000	12 448 000	10 700 000	11 190 000
Operating Profit	825 000	1 735 000	866 000	246 000
Financial Income	24 000	49 000	23 000	12 000
Financial Costs	71 000	61 000	121 000	94 000
Financial Balance	−47 000	−12 000	−98 000	−82 000
Earnings Before Tax	778 000	1 723 000	768 000	164 000
Tax	172 000	375 000	169 000	36 000
Net Income	605 000	1 348 000	599 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	460 000	503 000	449 000	527 000
Total Current Assets	4 538 000	5 187 000	3 218 000	3 281 000
Total Assets	4 999 000	5 690 000	3 667 000	3 808 000
Total Retained Equity	2 538 000	2 393 000	1 285 000	827 000
Total Equity	2 638 000	2 493 000	1 385 000	927 000
Total Long-Term Debt	0	0	0	858 000
Total Current Debt	2 360 000	3 197 000	2 281 000	2 023 000
Total Equity and Debt	4 999 000	5 690 000	3 667 000	3 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 767 000	14 167 000	11 510 000	11 411 000
Other Income	10 000	17 000	56 000	25 000
Revenue	13 777 000	14 184 000	11 566 000	11 436 000
Cost of Goods Sold	7 645 000	7 604 000	6 315 000	6 534 000
Salary Costs	2 983 000	2 686 000	2 252 000	2 395 000
Depreciation	47 000	47 000	44 000	43 000
Impairment	0	0	0	0
Expenditure	12 951 000	12 448 000	10 700 000	11 190 000
Operating Profit	825 000	1 735 000	866 000	246 000
Financial Income	24 000	49 000	23 000	12 000
Financial Costs	71 000	61 000	121 000	94 000
Financial Balance	−47 000	−12 000	−98 000	−82 000
Dividends	160 000	0	0	0
Net Income	605 000	1 348 000	599 000	128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	22 000	20 000	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	192 000	239 000	286 000	311 000
Total Tangible Assets	192 000	239 000	286 000	311 000
Total Fiancial Fixed Assets	242 000	242 000	142 000	144 000
Total Fixed Assets	460 000	503 000	449 000	527 000
Stock	2 463 000	2 168 000	1 875 000	1 777 000
Total Investments	29 000	29 000	29 000	29 000
Cash, Bank	1 857 000	2 519 000	963 000	1 183 000
Total Current Assets	4 538 000	5 187 000	3 218 000	3 281 000
Total Assets	4 999 000	5 690 000	3 667 000	3 808 000
Total Equity	2 638 000	2 493 000	1 385 000	927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	858 000
Creditors	681 000	860 000	585 000	705 000
Unpaid Taxes	643 000	686 000	548 000	405 000
Dividends	160 000	0	0	0
Other Current Debt	699 000	1 274 000	1 032 000	913 000
Total Current Debt	2 360 000	3 197 000	2 281 000	2 023 000
Total Equity and Debt	4 999 000	5 690 000	3 667 000	3 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,93 %	54,07 %	43,25 %	13,81 %
Debt-to-Equity Ratio	0	0	0	0,93
Operating Profit Margin	5,99 %	12,23 %	7,49 %	2,15 %
Current Ratio	1,92	1,62	1,41	1,62
Quick Ratio	−44,06	5,04	7,93	13,34
Equity Ratio	0,53	0,44	0,38	0,24
Gross Profit Margin	44,51 %	46,39 %	45,4 %	42,86 %