ØLEN SENTER AS

5580 ØLEN

Finances

Return on Equity

23,33 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 079 000	2 795 000	1 580 000	1 447 000
Net Income	49 000	80 000	−9 000	−17 000
Total Assets	679 000	588 000	764 000	520 000
Total Equity	210 000	161 000	81 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 079 000	2 795 000	1 580 000	1 447 000
Expenditure	3 078 000	2 795 000	1 605 000	1 479 000
Operating Profit	0	0	−25 000	−31 000
Financial Income	52 000	80 000	17 000	14 000
Financial Costs	0	0	0	0
Financial Balance	52 000	80 000	17 000	14 000
Earnings Before Tax	52 000	80 000	−9 000	−17 000
Tax	3 000	0	0	0
Net Income	49 000	80 000	−9 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	679 000	588 000	764 000	520 000
Total Assets	679 000	588 000	764 000	520 000
Total Retained Equity	110 000	61 000	−19 000	−11 000
Total Equity	210 000	161 000	81 000	89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	468 000	427 000	683 000	431 000
Total Equity and Debt	679 000	588 000	764 000	520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 079 000	2 795 000	1 588 000	1 425 000
Other Income	0	0	−7 000	23 000
Revenue	3 079 000	2 795 000	1 580 000	1 447 000
Cost of Goods Sold	41 000	96 000	0	18 000
Salary Costs	267 000	323 000	317 000	265 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 078 000	2 795 000	1 605 000	1 479 000
Operating Profit	0	0	−25 000	−31 000
Financial Income	52 000	80 000	17 000	14 000
Financial Costs	0	0	0	0
Financial Balance	52 000	80 000	17 000	14 000
Dividends	0	0	0	0
Net Income	49 000	80 000	−9 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	55 000	274 000	176 000
Total Current Assets	679 000	588 000	764 000	520 000
Total Assets	679 000	588 000	764 000	520 000
Total Equity	210 000	161 000	81 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	294 000	205 000	190 000	272 000
Unpaid Taxes	19 000	19 000	59 000	16 000
Dividends	0	0	0	0
Other Current Debt	152 000	203 000	435 000	142 000
Total Current Debt	468 000	427 000	683 000	431 000
Total Equity and Debt	679 000	588 000	764 000	520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,33 %	49,69 %	−11,11 %	−19,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0 %	0 %	−1,58 %	−2,14 %
Current Ratio	1,45	1,38	1,12	1,21
Quick Ratio	1,45	1,38	1,12	1,21
Equity Ratio	0,31	0,27	0,11	0,17
Gross Profit Margin	98,67 %	96,57 %	100 %	98,76 %