NORSK OLJELABORATORIUM AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

56,78 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 087 000	6 641 000	5 844 000	5 437 000
Net Income	1 721 000	425 000	203 000	275 000
Total Assets	7 337 000	5 103 000	3 228 000	3 486 000
Total Equity	3 031 000	2 061 000	1 636 000	1 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 087 000	6 641 000	5 844 000	5 437 000
Expenditure	6 796 000	6 017 000	5 538 000	5 026 000
Operating Profit	2 292 000	624 000	307 000	411 000
Financial Income	19 000	5 000	9 000	14 000
Financial Costs	104 000	83 000	54 000	70 000
Financial Balance	−85 000	−78 000	−45 000	−56 000
Earnings Before Tax	2 207 000	547 000	262 000	355 000
Tax	486 000	122 000	59 000	80 000
Net Income	1 721 000	425 000	203 000	275 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 626 000	1 183 000	1 100 000	946 000
Total Current Assets	5 710 000	3 920 000	2 128 000	2 540 000
Total Assets	7 337 000	5 103 000	3 228 000	3 486 000
Total Retained Equity	2 927 000	1 957 000	1 532 000	1 329 000
Total Equity	3 031 000	2 061 000	1 636 000	1 433 000
Total Long-Term Debt	1 916 000	2 079 000	753 000	1 026 000
Total Current Debt	2 390 000	963 000	839 000	1 026 000
Total Equity and Debt	7 337 000	5 103 000	3 228 000	3 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 087 000	6 641 000	5 844 000	5 437 000
Other Income	0	0	0	0
Revenue	9 087 000	6 641 000	5 844 000	5 437 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	3 592 000	3 392 000	3 086 000	3 028 000
Depreciation	319 000	251 000	267 000	324 000
Impairment	0	0	0	0
Expenditure	6 796 000	6 017 000	5 538 000	5 026 000
Operating Profit	2 292 000	624 000	307 000	411 000
Financial Income	19 000	5 000	9 000	14 000
Financial Costs	104 000	83 000	54 000	70 000
Financial Balance	−85 000	−78 000	−45 000	−56 000
Dividends	750 000	0	0	0
Net Income	1 721 000	425 000	203 000	275 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 297 000	800 000	683 000	941 000
Fixtures	18 000	39 000	25 000	0
Total Tangible Assets	1 314 000	839 000	708 000	941 000
Total Fiancial Fixed Assets	292 000	340 000	393 000	5 000
Total Fixed Assets	1 626 000	1 183 000	1 100 000	946 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 634 000	3 063 000	1 363 000	2 093 000
Total Current Assets	5 710 000	3 920 000	2 128 000	2 540 000
Total Assets	7 337 000	5 103 000	3 228 000	3 486 000
Total Equity	3 031 000	2 061 000	1 636 000	1 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 916 000	2 079 000	753 000	1 026 000
Creditors	258 000	106 000	60 000	170 000
Unpaid Taxes	501 000	346 000	342 000	374 000
Dividends	750 000	0	0	0
Other Current Debt	415 000	382 000	357 000	378 000
Total Current Debt	2 390 000	963 000	839 000	1 026 000
Total Equity and Debt	7 337 000	5 103 000	3 228 000	3 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,78 %	20,62 %	12,41 %	19,19 %
Debt-to-Equity Ratio	0,63	1,01	0,46	0,72
Operating Profit Margin	25,22 %	9,4 %	5,25 %	7,56 %
Current Ratio	2,39	4,07	2,54	2,48
Quick Ratio	2,39	4,07	2,54	2,48
Equity Ratio	0,41	0,4	0,51	0,41
Gross Profit Margin	100 %	100 %	99,97 %	100 %