OLE OLSEN MAT AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

22,5 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 778 000	71 517 000	75 719 000	61 899 000
Net Income	751 000	1 709 000	3 096 000	1 424 000
Total Assets	10 512 000	12 124 000	11 003 000	10 191 000
Total Equity	3 338 000	3 367 000	3 141 000	3 247 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 778 000	71 517 000	75 719 000	61 899 000
Expenditure	65 813 000	69 322 000	71 740 000	60 065 000
Operating Profit	965 000	2 194 000	3 978 000	1 833 000
Financial Income	0	2 000	11 000	7 000
Financial Costs	1 000	5 000	21 000	15 000
Financial Balance	−1 000	−3 000	−10 000	−8 000
Earnings Before Tax	965 000	2 191 000	3 969 000	1 826 000
Tax	213 000	482 000	873 000	402 000
Net Income	751 000	1 709 000	3 096 000	1 424 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 253 000	2 636 000	2 617 000	3 023 000
Total Current Assets	8 259 000	9 487 000	8 386 000	7 167 000
Total Assets	10 512 000	12 124 000	11 003 000	10 191 000
Total Retained Equity	3 238 000	3 267 000	3 041 000	3 147 000
Total Equity	3 338 000	3 367 000	3 141 000	3 247 000
Total Long-Term Debt	2 979 000	3 084 000	834 000	2 321 000
Total Current Debt	4 194 000	5 672 000	7 028 000	4 622 000
Total Equity and Debt	10 512 000	12 124 000	11 003 000	10 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 726 000	68 079 000	72 489 000	61 027 000
Other Income	3 052 000	3 437 000	3 229 000	872 000
Revenue	66 778 000	71 517 000	75 719 000	61 899 000
Cost of Goods Sold	51 915 000	56 408 000	58 806 000	47 851 000
Salary Costs	5 255 000	5 051 000	4 849 000	4 999 000
Depreciation	548 000	453 000	901 000	1 005 000
Impairment	0	0	0	0
Expenditure	65 813 000	69 322 000	71 740 000	60 065 000
Operating Profit	965 000	2 194 000	3 978 000	1 833 000
Financial Income	0	2 000	11 000	7 000
Financial Costs	1 000	5 000	21 000	15 000
Financial Balance	−1 000	−3 000	−10 000	−8 000
Dividends	0	0	0	0
Net Income	751 000	1 709 000	3 096 000	1 424 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	19 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 071 000	2 396 000	2 598 000	3 023 000
Total Tangible Assets	2 071 000	2 396 000	2 598 000	3 023 000
Total Fiancial Fixed Assets	181 000	240 000	0	0
Total Fixed Assets	2 253 000	2 636 000	2 617 000	3 023 000
Stock	3 374 000	2 811 000	2 988 000	2 566 000
Total Investments	0	0	0	0
Cash, Bank	2 997 000	4 397 000	3 433 000	2 769 000
Total Current Assets	8 259 000	9 487 000	8 386 000	7 167 000
Total Assets	10 512 000	12 124 000	11 003 000	10 191 000
Total Equity	3 338 000	3 367 000	3 141 000	3 247 000
Short-Term Group Debt	1 000 000	1 902 000	4 105 000	2 025 000
Total Long-Term Debt	2 979 000	3 084 000	834 000	2 321 000
Creditors	2 052 000	2 755 000	1 990 000	1 784 000
Unpaid Taxes	300 000	233 000	304 000	250 000
Dividends	0	0	0	0
Other Current Debt	841 000	783 000	629 000	564 000
Total Current Debt	4 194 000	5 672 000	7 028 000	4 622 000
Total Equity and Debt	10 512 000	12 124 000	11 003 000	10 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,5 %	50,76 %	98,57 %	43,86 %
Debt-to-Equity Ratio	0,89	0,92	0,27	0,71
Operating Profit Margin	1,45 %	3,07 %	5,25 %	2,96 %
Current Ratio	1,97	1,67	1,19	1,55
Quick Ratio	10,07	3,32	2,08	3,49
Equity Ratio	0,32	0,28	0,29	0,32
Gross Profit Margin	22,26 %	21,13 %	22,34 %	22,7 %