DR TECHN OLAV OLSEN AS

1366 LYSAKER

Finances

Return on Equity

45,5 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	247 819 000	223 812 000	223 380 000	228 519 000
Net Income	20 890 000	11 721 000	9 875 000	12 643 000
Total Assets	121 157 000	98 798 000	99 865 000	79 912 000
Total Equity	45 909 000	24 979 000	24 623 000	21 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	247 819 000	223 812 000	223 380 000	228 519 000
Expenditure	220 890 000	205 368 000	213 522 000	210 834 000
Operating Profit	26 930 000	18 445 000	9 858 000	17 686 000
Financial Income	745 000	1 398 000	7 538 000	2 007 000
Financial Costs	654 000	1 049 000	4 719 000	3 052 000
Financial Balance	91 000	349 000	2 819 000	−1 045 000
Earnings Before Tax	27 021 000	18 794 000	12 678 000	16 641 000
Tax	6 132 000	7 072 000	2 803 000	3 998 000
Net Income	20 890 000	11 721 000	9 875 000	12 643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 935 000	2 406 000	2 336 000	2 844 000
Total Current Assets	116 222 000	96 392 000	97 529 000	77 068 000
Total Assets	121 157 000	98 798 000	99 865 000	79 912 000
Total Retained Equity	38 823 000	17 893 000	17 537 000	14 262 000
Total Equity	45 909 000	24 979 000	24 623 000	21 348 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	75 248 000	73 819 000	75 242 000	58 565 000
Total Equity and Debt	121 157 000	98 798 000	99 865 000	79 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	247 798 000	223 506 000	223 091 000	228 310 000
Other Income	21 000	306 000	288 000	210 000
Revenue	247 819 000	223 812 000	223 380 000	228 519 000
Cost of Goods Sold	44 530 000	50 651 000	69 386 000	76 619 000
Salary Costs	146 118 000	130 619 000	120 574 000	109 649 000
Depreciation	1 084 000	1 055 000	1 033 000	901 000
Impairment	0	0	0	0
Expenditure	220 890 000	205 368 000	213 522 000	210 834 000
Operating Profit	26 930 000	18 445 000	9 858 000	17 686 000
Financial Income	745 000	1 398 000	7 538 000	2 007 000
Financial Costs	654 000	1 049 000	4 719 000	3 052 000
Financial Balance	91 000	349 000	2 819 000	−1 045 000
Dividends	0	9 000 000	4 000 000	3 000 000
Net Income	20 890 000	11 721 000	9 875 000	12 643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 782 000	810 000	641 000	826 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 800 000	1 378 000	1 545 000	1 716 000
Total Tangible Assets	2 800 000	1 378 000	1 545 000	1 716 000
Total Fiancial Fixed Assets	353 000	217 000	149 000	302 000
Total Fixed Assets	4 935 000	2 406 000	2 336 000	2 844 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 745 000	42 528 000	35 336 000	28 591 000
Total Current Assets	116 222 000	96 392 000	97 529 000	77 068 000
Total Assets	121 157 000	98 798 000	99 865 000	79 912 000
Total Equity	45 909 000	24 979 000	24 623 000	21 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 556 000	15 614 000	14 942 000	12 300 000
Unpaid Taxes	12 867 000	12 137 000	9 827 000	10 688 000
Dividends	0	9 000 000	4 000 000	3 000 000
Other Current Debt	52 852 000	33 312 000	43 703 000	28 511 000
Total Current Debt	75 248 000	73 819 000	75 242 000	58 565 000
Total Equity and Debt	121 157 000	98 798 000	99 865 000	79 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,5 %	46,92 %	40,1 %	59,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,87 %	8,24 %	4,41 %	7,74 %
Current Ratio	1,54	1,31	1,3	1,32
Quick Ratio	1,54	1,31	1,3	1,32
Equity Ratio	0,38	0,25	0,25	0,27
Gross Profit Margin	82,03 %	77,37 %	68,94 %	66,47 %