OLEIF SIMENSEN TRANSPORT AS

9514 ALTA

Finances

Share Ownership

Return on Equity

7,51 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 639 000	42 185 000	47 297 000	46 307 000
Net Income	1 038 000	279 000	1 969 000	1 758 000
Total Assets	23 521 000	20 367 000	20 770 000	20 692 000
Total Equity	13 825 000	12 788 000	12 509 000	10 540 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 639 000	42 185 000	47 297 000	46 307 000
Expenditure	42 780 000	41 823 000	44 761 000	43 982 000
Operating Profit	860 000	362 000	2 536 000	2 326 000
Financial Income	479 000	78 000	74 000	77 000
Financial Costs	118 000	78 000	80 000	146 000
Financial Balance	361 000	0	−6 000	−69 000
Earnings Before Tax	1 222 000	362 000	2 530 000	2 257 000
Tax	184 000	83 000	561 000	498 000
Net Income	1 038 000	279 000	1 969 000	1 758 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 158 000	11 239 000	11 115 000	10 835 000
Total Current Assets	13 363 000	9 128 000	9 655 000	9 856 000
Total Assets	23 521 000	20 367 000	20 770 000	20 692 000
Total Retained Equity	13 568 000	12 530 000	12 251 000	10 282 000
Total Equity	13 825 000	12 788 000	12 509 000	10 540 000
Total Long-Term Debt	2 879 000	3 877 000	3 141 000	4 052 000
Total Current Debt	6 817 000	3 703 000	5 120 000	6 100 000
Total Equity and Debt	23 521 000	20 367 000	20 770 000	20 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 584 000	41 101 000	44 425 000	45 086 000
Other Income	2 056 000	1 084 000	2 872 000	1 221 000
Revenue	43 639 000	42 185 000	47 297 000	46 307 000
Cost of Goods Sold	5 690 000	5 902 000	4 757 000	4 717 000
Salary Costs	15 653 000	14 812 000	17 154 000	16 420 000
Depreciation	1 770 000	1 667 000	1 344 000	1 039 000
Impairment	0	0	0	0
Expenditure	42 780 000	41 823 000	44 761 000	43 982 000
Operating Profit	860 000	362 000	2 536 000	2 326 000
Financial Income	479 000	78 000	74 000	77 000
Financial Costs	118 000	78 000	80 000	146 000
Financial Balance	361 000	0	−6 000	−69 000
Dividends	0	0	0	0
Net Income	1 038 000	279 000	1 969 000	1 758 000

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	3 500 000	4 670 000	4 404 000	484 000
Fixtures	2 004 000	2 070 000	971 000	4 347 000
Total Tangible Assets	5 504 000	6 739 000	5 375 000	4 831 000
Total Fiancial Fixed Assets	4 654 000	4 500 000	5 740 000	6 004 000
Total Fixed Assets	10 158 000	11 239 000	11 115 000	10 835 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 505 000	5 106 000	4 242 000	4 110 000
Total Current Assets	13 363 000	9 128 000	9 655 000	9 856 000
Total Assets	23 521 000	20 367 000	20 770 000	20 692 000
Total Equity	13 825 000	12 788 000	12 509 000	10 540 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 879 000	3 877 000	3 141 000	4 052 000
Creditors	3 044 000	693 000	1 400 000	1 987 000
Unpaid Taxes	730 000	932 000	595 000	265 000
Dividends	0	0	0	0
Other Current Debt	2 852 000	1 925 000	2 974 000	3 364 000
Total Current Debt	6 817 000	3 703 000	5 120 000	6 100 000
Total Equity and Debt	23 521 000	20 367 000	20 770 000	20 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,51 %	2,18 %	15,74 %	16,68 %
Debt-to-Equity Ratio	0,21	0,3	0,25	0,38
Operating Profit Margin	1,97 %	0,86 %	5,36 %	5,02 %
Current Ratio	1,96	2,47	1,89	1,62
Quick Ratio	1,96	2,47	1,89	1,62
Equity Ratio	0,59	0,63	0,6	0,51
Gross Profit Margin	86,96 %	86,01 %	89,94 %	89,81 %