OLAFSEN ENGROS AS

3160 STOKKE

Finances

Share Ownership

Return on Equity

37 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	227 257 000	200 570 000	211 922 000	188 130 000
Net Income	14 049 000	11 304 000	15 383 000	7 045 000
Total Assets	90 208 000	79 180 000	76 675 000	68 551 000
Total Equity	37 975 000	38 926 000	37 622 000	32 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	227 257 000	200 570 000	211 922 000	188 130 000
Expenditure	208 849 000	185 949 000	191 927 000	178 850 000
Operating Profit	18 407 000	14 621 000	19 994 000	9 280 000
Financial Income	529 000	407 000	502 000	222 000
Financial Costs	800 000	491 000	743 000	453 000
Financial Balance	−271 000	−84 000	−241 000	−231 000
Earnings Before Tax	18 136 000	14 537 000	19 753 000	9 049 000
Tax	4 087 000	3 233 000	4 370 000	2 004 000
Net Income	14 049 000	11 304 000	15 383 000	7 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 733 000	5 656 000	3 615 000	2 491 000
Total Current Assets	85 474 000	73 524 000	73 060 000	66 059 000
Total Assets	90 208 000	79 180 000	76 675 000	68 551 000
Total Retained Equity	37 755 000	38 706 000	37 402 000	32 018 000
Total Equity	37 975 000	38 926 000	37 622 000	32 238 000
Total Long-Term Debt	2 027 000	2 647 000	321 000	482 000
Total Current Debt	50 206 000	37 607 000	38 732 000	35 830 000
Total Equity and Debt	90 208 000	79 180 000	76 675 000	68 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	226 580 000	199 954 000	211 711 000	188 123 000
Other Income	677 000	617 000	211 000	7 000
Revenue	227 257 000	200 570 000	211 922 000	188 130 000
Cost of Goods Sold	154 320 000	138 262 000	142 860 000	128 643 000
Salary Costs	23 322 000	22 505 000	23 914 000	25 740 000
Depreciation	1 954 000	743 000	841 000	1 045 000
Impairment	0	0	0	0
Expenditure	208 849 000	185 949 000	191 927 000	178 850 000
Operating Profit	18 407 000	14 621 000	19 994 000	9 280 000
Financial Income	529 000	407 000	502 000	222 000
Financial Costs	800 000	491 000	743 000	453 000
Financial Balance	−271 000	−84 000	−241 000	−231 000
Dividends	15 000 000	10 000 000	10 000 000	0
Net Income	14 049 000	11 304 000	15 383 000	7 045 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	548 000	1 020 000	1 189 000	693 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 986 000	3 437 000	1 365 000	1 798 000
Total Tangible Assets	2 986 000	3 437 000	1 365 000	1 798 000
Total Fiancial Fixed Assets	1 199 000	1 199 000	1 061 000	0
Total Fixed Assets	4 733 000	5 656 000	3 615 000	2 491 000
Stock	42 674 000	35 198 000	32 937 000	28 462 000
Total Investments	0	0	0	0
Cash, Bank	854 000	1 130 000	1 294 000	1 134 000
Total Current Assets	85 474 000	73 524 000	73 060 000	66 059 000
Total Assets	90 208 000	79 180 000	76 675 000	68 551 000
Total Equity	37 975 000	38 926 000	37 622 000	32 238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 027 000	2 647 000	321 000	482 000
Creditors	11 846 000	10 869 000	11 870 000	10 878 000
Unpaid Taxes	5 834 000	5 062 000	4 637 000	6 017 000
Dividends	15 000 000	10 000 000	10 000 000	0
Other Current Debt	13 337 000	8 578 000	7 729 000	18 936 000
Total Current Debt	50 206 000	37 607 000	38 732 000	35 830 000
Total Equity and Debt	90 208 000	79 180 000	76 675 000	68 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37 %	29,04 %	40,89 %	21,85 %
Debt-to-Equity Ratio	0,05	0,07	0,01	0,01
Operating Profit Margin	8,1 %	7,29 %	9,43 %	4,93 %
Current Ratio	1,7	1,96	1,89	1,84
Quick Ratio	11,35	30,52	12,61	8,97
Equity Ratio	0,42	0,49	0,49	0,47
Gross Profit Margin	32,09 %	31,07 %	32,59 %	31,62 %