OTTO OLSEN AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

25,17 %

Current Ratio

3,74

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	494 892 000	427 114 000	403 990 000	405 802 000
Net Income	69 203 000	52 153 000	40 152 000	32 997 000
Total Assets	360 347 000	282 894 000	374 125 000	348 988 000
Total Equity	274 955 000	205 752 000	313 283 000	273 131 000

Income (NOK)	2022	2021	2020	2019
Revenue	494 892 000	427 114 000	403 990 000	405 802 000
Expenditure	409 125 000	363 474 000	353 535 000	375 571 000
Operating Profit	85 766 000	63 640 000	50 455 000	30 230 000
Financial Income	1 742 000	715 000	592 000	664 000
Financial Costs	540 000	43 000	1 841 000	221 000
Financial Balance	1 202 000	672 000	−1 249 000	443 000
Earnings Before Tax	86 968 000	64 312 000	49 206 000	30 673 000
Tax	17 765 000	12 159 000	9 054 000	−2 324 000
Net Income	69 203 000	52 153 000	40 152 000	32 997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 236 000	39 012 000	39 240 000	36 410 000
Total Current Assets	312 111 000	243 883 000	334 885 000	312 578 000
Total Assets	360 347 000	282 894 000	374 125 000	348 988 000
Total Retained Equity	232 174 000	162 971 000	270 502 000	230 350 000
Total Equity	274 955 000	205 752 000	313 283 000	273 131 000
Total Long-Term Debt	1 844 000	1 844 000	1 844 000	1 776 000
Total Current Debt	83 548 000	75 298 000	58 998 000	74 081 000
Total Equity and Debt	360 347 000	282 894 000	374 125 000	348 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	492 702 000	425 108 000	402 713 000	405 245 000
Other Income	2 190 000	2 006 000	1 277 000	557 000
Revenue	494 892 000	427 114 000	403 990 000	405 802 000
Cost of Goods Sold	256 876 000	231 693 000	222 425 000	226 697 000
Salary Costs	103 121 000	94 097 000	89 858 000	107 005 000
Depreciation	2 852 000	365 000	645 000	−6 431 000
Impairment	0	0	0	0
Expenditure	409 125 000	363 474 000	353 535 000	375 571 000
Operating Profit	85 766 000	63 640 000	50 455 000	30 230 000
Financial Income	1 742 000	715 000	592 000	664 000
Financial Costs	540 000	43 000	1 841 000	221 000
Financial Balance	1 202 000	672 000	−1 249 000	443 000
Dividends	0	150 000 000	0	0
Net Income	69 203 000	52 153 000	40 152 000	32 997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	−6 266 000	−14 613 000	−28 165 000
Total Intangible Assets	8 046 000	2 654 000	−4 849 000	−18 770 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 190 000	36 358 000	44 088 000	47 180 000
Total Tangible Assets	40 190 000	36 358 000	44 088 000	47 180 000
Total Fiancial Fixed Assets	0	0	0	8 000 000
Total Fixed Assets	48 236 000	39 012 000	39 240 000	36 410 000
Stock	144 894 000	106 548 000	115 121 000	124 488 000
Total Investments	0	0	0	0
Cash, Bank	16 243 000	73 975 000	69 181 000	14 449 000
Total Current Assets	312 111 000	243 883 000	334 885 000	312 578 000
Total Assets	360 347 000	282 894 000	374 125 000	348 988 000
Total Equity	274 955 000	205 752 000	313 283 000	273 131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 844 000	1 844 000	1 844 000	1 776 000
Creditors	33 520 000	13 566 000	17 762 000	30 036 000
Unpaid Taxes	19 358 000	16 597 000	15 980 000	14 080 000
Dividends	0	150 000 000	0	0
Other Current Debt	13 779 000	24 846 000	15 936 000	29 964 000
Total Current Debt	83 548 000	75 298 000	58 998 000	74 081 000
Total Equity and Debt	360 347 000	282 894 000	374 125 000	348 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,17 %	25,35 %	12,82 %	12,08 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	17,33 %	14,9 %	12,49 %	7,45 %
Current Ratio	3,74	3,24	5,68	4,22
Quick Ratio	−5,09	−7,8	−5,97	−6,2
Equity Ratio	0,76	0,73	0,84	0,78
Gross Profit Margin	48,09 %	45,75 %	44,94 %	44,14 %