ØIESVOLD AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

24,13 %

Current Ratio

2,96

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 280 000	7 679 000	5 978 000	4 788 000
Net Income	777 000	546 000	504 000	91 000
Total Assets	5 505 000	5 219 000	3 755 000	2 262 000
Total Equity	3 220 000	2 443 000	1 897 000	1 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 280 000	7 679 000	5 978 000	4 788 000
Expenditure	7 230 000	6 942 000	5 343 000	4 669 000
Operating Profit	1 050 000	736 000	635 000	119 000
Financial Income	8 000	9 000	21 000	1 000
Financial Costs	61 000	45 000	54 000	29 000
Financial Balance	−53 000	−36 000	−33 000	−28 000
Earnings Before Tax	997 000	700 000	602 000	91 000
Tax	219 000	154 000	97 000	0
Net Income	777 000	546 000	504 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	351 000	422 000	463 000	23 000
Total Current Assets	5 154 000	4 796 000	3 292 000	2 239 000
Total Assets	5 505 000	5 219 000	3 755 000	2 262 000
Total Retained Equity	3 120 000	2 343 000	1 797 000	1 293 000
Total Equity	3 220 000	2 443 000	1 897 000	1 393 000
Total Long-Term Debt	542 000	639 000	739 000	125 000
Total Current Debt	1 742 000	2 137 000	1 119 000	744 000
Total Equity and Debt	5 505 000	5 219 000	3 755 000	2 262 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 280 000	7 679 000	5 978 000	4 788 000
Other Income	0	0	0	0
Revenue	8 280 000	7 679 000	5 978 000	4 788 000
Cost of Goods Sold	3 530 000	3 303 000	2 807 000	2 267 000
Salary Costs	2 524 000	2 488 000	1 595 000	1 674 000
Depreciation	72 000	69 000	53 000	3 000
Impairment	0	0	0	0
Expenditure	7 230 000	6 942 000	5 343 000	4 669 000
Operating Profit	1 050 000	736 000	635 000	119 000
Financial Income	8 000	9 000	21 000	1 000
Financial Costs	61 000	45 000	54 000	29 000
Financial Balance	−53 000	−36 000	−33 000	−28 000
Dividends	0	0	0	0
Net Income	777 000	546 000	504 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 000	27 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	328 000	395 000	463 000	23 000
Total Tangible Assets	351 000	422 000	463 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	351 000	422 000	463 000	23 000
Stock	4 027 000	2 930 000	1 947 000	1 506 000
Total Investments	0	0	0	0
Cash, Bank	947 000	1 740 000	1 131 000	534 000
Total Current Assets	5 154 000	4 796 000	3 292 000	2 239 000
Total Assets	5 505 000	5 219 000	3 755 000	2 262 000
Total Equity	3 220 000	2 443 000	1 897 000	1 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	542 000	639 000	739 000	125 000
Creditors	590 000	1 052 000	335 000	243 000
Unpaid Taxes	516 000	495 000	425 000	304 000
Dividends	0	0	0	0
Other Current Debt	415 000	439 000	272 000	197 000
Total Current Debt	1 742 000	2 137 000	1 119 000	744 000
Total Equity and Debt	5 505 000	5 219 000	3 755 000	2 262 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,13 %	22,35 %	26,57 %	6,53 %
Debt-to-Equity Ratio	0,17	0,26	0,39	0,09
Operating Profit Margin	12,68 %	9,58 %	10,62 %	2,49 %
Current Ratio	2,96	2,24	2,94	3,01
Quick Ratio	−2,26	−6,05	−3,98	−2,94
Equity Ratio	0,58	0,47	0,51	0,62
Gross Profit Margin	57,37 %	56,99 %	53,04 %	52,65 %