OLAVSGT. 26 AS

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

3,46 %

Current Ratio

85,64

Debt-to-Equity Ratio

−2,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	763 000	2 063 000	2 582 000
Net Income	−136 000	−3 431 000	−255 000	−556 000
Total Assets	5 652 000	20 425 000	8 996 000	9 855 000
Total Equity	−3 929 000	−3 793 000	−362 000	−107 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	763 000	2 063 000	2 582 000
Expenditure	136 000	1 065 000	2 062 000	3 064 000
Operating Profit	−136 000	−303 000	1 000	−483 000
Financial Income	0	6 000	1 000	2 000
Financial Costs	0	515 000	329 000	232 000
Financial Balance	0	−509 000	−328 000	−230 000
Earnings Before Tax	−136 000	−811 000	−326 000	−713 000
Tax	0	2 619 000	−72 000	−157 000
Net Income	−136 000	−3 431 000	−255 000	−556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	561 000	8 641 000	9 148 000
Total Current Assets	5 652 000	19 864 000	355 000	706 000
Total Assets	5 652 000	20 425 000	8 996 000	9 855 000
Total Retained Equity	−7 296 000	−7 160 000	−3 729 000	−3 474 000
Total Equity	−3 929 000	−3 793 000	−362 000	−107 000
Total Long-Term Debt	9 515 000	18 492 000	9 127 000	9 589 000
Total Current Debt	66 000	5 726 000	231 000	373 000
Total Equity and Debt	5 652 000	20 425 000	8 996 000	9 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	177 000	0	0
Other Income	0	586 000	2 063 000	2 582 000
Revenue	0	763 000	2 063 000	2 582 000
Cost of Goods Sold	0	78 000	60 000	51 000
Salary Costs	0	0	0	0
Depreciation	0	0	579 000	688 000
Impairment	0	0	0	0
Expenditure	136 000	1 065 000	2 062 000	3 064 000
Operating Profit	−136 000	−303 000	1 000	−483 000
Financial Income	0	6 000	1 000	2 000
Financial Costs	0	515 000	329 000	232 000
Financial Balance	0	−509 000	−328 000	−230 000
Dividends	0	0	0	0
Net Income	−136 000	−3 431 000	−255 000	−556 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 619 000	2 548 000
Real Eastate	0	0	5 222 000	5 801 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	5 222 000	5 801 000
Total Fiancial Fixed Assets	0	561 000	800 000	800 000
Total Fixed Assets	0	561 000	8 641 000	9 148 000
Stock	5 611 000	12 072 000	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	7 792 000	328 000	358 000
Total Current Assets	5 652 000	19 864 000	355 000	706 000
Total Assets	5 652 000	20 425 000	8 996 000	9 855 000
Total Equity	−3 929 000	−3 793 000	−362 000	−107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 515 000	18 492 000	9 127 000	9 589 000
Creditors	0	5 694 000	169 000	290 000
Unpaid Taxes	0	0	0	−27 000
Dividends	0	0	0	0
Other Current Debt	66 000	32 000	61 000	110 000
Total Current Debt	66 000	5 726 000	231 000	373 000
Total Equity and Debt	5 652 000	20 425 000	8 996 000	9 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,46 %	90,46 %	70,44 %	519,63 %
Debt-to-Equity Ratio	−2,42	−4,88	−25,21	−89,62
Operating Profit Margin	-	−39,71 %	0,05 %	−18,71 %
Current Ratio	85,64	3,47	1,54	1,89
Quick Ratio	−1,02	−3,13	1,54	1,89
Equity Ratio	−0,7	−0,19	−0,04	−0,01
Gross Profit Margin	-	89,78 %	97,09 %	98,02 %