OLSVIKA EIENDOM AS

6019 ÅLESUND

Finances

Share Ownership

Return on Equity

41,89 %

Current Ratio

0,75

Debt-to-Equity Ratio

2,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 627 000	1 682 000	1 473 000	1 436 000
Net Income	891 000	901 000	826 000	723 000
Total Assets	8 657 000	8 287 000	8 254 000	8 286 000
Total Equity	2 127 000	1 836 000	1 535 000	1 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 627 000	1 682 000	1 473 000	1 436 000
Expenditure	266 000	378 000	196 000	217 000
Operating Profit	1 361 000	1 304 000	1 277 000	1 219 000
Financial Income	1 000	0	3 000	3 000
Financial Costs	220 000	150 000	222 000	296 000
Financial Balance	−219 000	−150 000	−219 000	−293 000
Earnings Before Tax	1 142 000	1 155 000	1 059 000	927 000
Tax	251 000	254 000	233 000	204 000
Net Income	891 000	901 000	826 000	723 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 961 000	7 802 000	7 576 000	7 666 000
Total Current Assets	695 000	486 000	678 000	620 000
Total Assets	8 657 000	8 287 000	8 254 000	8 286 000
Total Retained Equity	2 017 000	1 726 000	1 425 000	1 099 000
Total Equity	2 127 000	1 836 000	1 535 000	1 209 000
Total Long-Term Debt	5 599 000	5 548 000	5 927 000	6 363 000
Total Current Debt	931 000	904 000	792 000	714 000
Total Equity and Debt	8 657 000	8 287 000	8 254 000	8 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 627 000	1 682 000	1 473 000	1 436 000
Revenue	1 627 000	1 682 000	1 473 000	1 436 000
Cost of Goods Sold	0	152 000	0	0
Salary Costs	0	0	0	0
Depreciation	119 000	113 000	91 000	91 000
Impairment	0	0	0	0
Expenditure	266 000	378 000	196 000	217 000
Operating Profit	1 361 000	1 304 000	1 277 000	1 219 000
Financial Income	1 000	0	3 000	3 000
Financial Costs	220 000	150 000	222 000	296 000
Financial Balance	−219 000	−150 000	−219 000	−293 000
Dividends	600 000	600 000	500 000	450 000
Net Income	891 000	901 000	826 000	723 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 636 000	7 417 000	7 477 000	7 537 000
Machinery and Plant Facilities	325 000	384 000	99 000	129 000
Fixtures	0	0	0	0
Total Tangible Assets	7 961 000	7 802 000	7 576 000	7 666 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 961 000	7 802 000	7 576 000	7 666 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	689 000	442 000	593 000	491 000
Total Current Assets	695 000	486 000	678 000	620 000
Total Assets	8 657 000	8 287 000	8 254 000	8 286 000
Total Equity	2 127 000	1 836 000	1 535 000	1 209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 599 000	5 548 000	5 927 000	6 363 000
Creditors	43 000	1 000	0	0
Unpaid Taxes	21 000	46 000	40 000	37 000
Dividends	600 000	600 000	500 000	450 000
Other Current Debt	29 000	20 000	30 000	37 000
Total Current Debt	931 000	904 000	792 000	714 000
Total Equity and Debt	8 657 000	8 287 000	8 254 000	8 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,89 %	49,07 %	53,81 %	59,8 %
Debt-to-Equity Ratio	2,63	3,02	3,86	5,26
Operating Profit Margin	83,65 %	77,53 %	86,69 %	84,89 %
Current Ratio	0,75	0,54	0,86	0,87
Quick Ratio	0,75	0,54	0,86	0,87
Equity Ratio	0,25	0,22	0,19	0,15
Gross Profit Margin	100 %	90,96 %	100 %	100 %