OLAF PETTERSEN AS

8850 HERØY

Finances

Share Ownership

Return on Equity

1,89 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 980 000	18 549 000	12 581 000	11 269 000
Net Income	57 000	1 879 000	−266 000	−919 000
Total Assets	7 804 000	8 560 000	5 592 000	4 290 000
Total Equity	3 021 000	2 964 000	1 085 000	1 352 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 980 000	18 549 000	12 581 000	11 269 000
Expenditure	15 801 000	16 536 000	12 965 000	12 165 000
Operating Profit	179 000	2 013 000	−383 000	−896 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	107 000	61 000	67 000	24 000
Financial Balance	−106 000	−61 000	−66 000	−22 000
Earnings Before Tax	73 000	1 952 000	−449 000	−919 000
Tax	16 000	74 000	−183 000	0
Net Income	57 000	1 879 000	−266 000	−919 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 465 000	1 981 000	1 600 000	830 000
Total Current Assets	6 339 000	6 578 000	3 993 000	3 461 000
Total Assets	7 804 000	8 560 000	5 592 000	4 290 000
Total Retained Equity	2 321 000	2 264 000	385 000	652 000
Total Equity	3 021 000	2 964 000	1 085 000	1 352 000
Total Long-Term Debt	756 000	793 000	514 000	607 000
Total Current Debt	4 028 000	4 802 000	3 993 000	2 332 000
Total Equity and Debt	7 804 000	8 560 000	5 592 000	4 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 946 000	18 253 000	12 240 000	10 924 000
Other Income	34 000	296 000	341 000	345 000
Revenue	15 980 000	18 549 000	12 581 000	11 269 000
Cost of Goods Sold	5 377 000	7 291 000	4 615 000	2 546 000
Salary Costs	4 733 000	4 756 000	4 133 000	4 873 000
Depreciation	388 000	382 000	383 000	187 000
Impairment	0	0	0	0
Expenditure	15 801 000	16 536 000	12 965 000	12 165 000
Operating Profit	179 000	2 013 000	−383 000	−896 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	107 000	61 000	67 000	24 000
Financial Balance	−106 000	−61 000	−66 000	−22 000
Dividends	0	0	0	0
Net Income	57 000	1 879 000	−266 000	−919 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 000	28 000	76 000	154 000
Fixtures	849 000	1 099 000	917 000	251 000
Total Tangible Assets	853 000	1 126 000	992 000	404 000
Total Fiancial Fixed Assets	613 000	855 000	608 000	425 000
Total Fixed Assets	1 465 000	1 981 000	1 600 000	830 000
Stock	861 000	1 285 000	1 037 000	833 000
Total Investments	0	0	0	0
Cash, Bank	576 000	719 000	156 000	572 000
Total Current Assets	6 339 000	6 578 000	3 993 000	3 461 000
Total Assets	7 804 000	8 560 000	5 592 000	4 290 000
Total Equity	3 021 000	2 964 000	1 085 000	1 352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	756 000	793 000	514 000	607 000
Creditors	804 000	1 619 000	697 000	493 000
Unpaid Taxes	1 591 000	1 312 000	763 000	612 000
Dividends	0	0	0	0
Other Current Debt	1 559 000	1 871 000	1 802 000	1 227 000
Total Current Debt	4 028 000	4 802 000	3 993 000	2 332 000
Total Equity and Debt	7 804 000	8 560 000	5 592 000	4 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,89 %	63,39 %	−24,52 %	−67,97 %
Debt-to-Equity Ratio	0,25	0,27	0,47	0,45
Operating Profit Margin	1,12 %	10,85 %	−3,04 %	−7,95 %
Current Ratio	1,57	1,37	1	1,48
Quick Ratio	2	1,87	1,35	2,31
Equity Ratio	0,39	0,35	0,19	0,32
Gross Profit Margin	66,35 %	60,69 %	63,32 %	77,41 %