OLYMPIC CREWING AS

6090 FOSNAVÅG

Finances

Return on Equity

99,03 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	317 090 000	287 782 000	302 838 000	328 027 000
Net Income	4 897 000	7 148 000	10 435 000	6 841 000
Total Assets	38 935 000	40 515 000	39 293 000	45 684 000
Total Equity	4 945 000	4 968 000	4 605 000	3 191 000

Income (NOK)	2022	2021	2020	2019
Revenue	317 090 000	287 782 000	302 838 000	328 027 000
Expenditure	309 173 000	278 238 000	291 287 000	318 984 000
Operating Profit	7 917 000	9 543 000	11 552 000	9 043 000
Financial Income	5 364 000	3 368 000	3 078 000	775 000
Financial Costs	6 996 000	3 850 000	1 650 000	547 000
Financial Balance	−1 632 000	−482 000	1 428 000	228 000
Earnings Before Tax	6 285 000	9 061 000	12 979 000	9 271 000
Tax	1 388 000	1 914 000	2 544 000	2 431 000
Net Income	4 897 000	7 148 000	10 435 000	6 841 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	206 000	206 000	206 000
Total Current Assets	38 729 000	40 310 000	39 087 000	45 478 000
Total Assets	38 935 000	40 515 000	39 293 000	45 684 000
Total Retained Equity	4 845 000	4 868 000	4 505 000	3 091 000
Total Equity	4 945 000	4 968 000	4 605 000	3 191 000
Total Long-Term Debt	0	0	363 000	1 777 000
Total Current Debt	33 990 000	35 547 000	34 325 000	40 716 000
Total Equity and Debt	38 935 000	40 515 000	39 293 000	45 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	317 090 000	287 782 000	302 838 000	328 027 000
Other Income	0	0	0	0
Revenue	317 090 000	287 782 000	302 838 000	328 027 000
Cost of Goods Sold	0	0	0	0
Salary Costs	280 796 000	247 463 000	262 817 000	288 275 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	309 173 000	278 238 000	291 287 000	318 984 000
Operating Profit	7 917 000	9 543 000	11 552 000	9 043 000
Financial Income	5 364 000	3 368 000	3 078 000	775 000
Financial Costs	6 996 000	3 850 000	1 650 000	547 000
Financial Balance	−1 632 000	−482 000	1 428 000	228 000
Dividends	0	0	0	0
Net Income	4 897 000	7 148 000	10 435 000	6 841 000

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	206 000	206 000	206 000	206 000
Total Fixed Assets	206 000	206 000	206 000	206 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 140 000	7 311 000	8 094 000	16 516 000
Total Current Assets	38 729 000	40 310 000	39 087 000	45 478 000
Total Assets	38 935 000	40 515 000	39 293 000	45 684 000
Total Equity	4 945 000	4 968 000	4 605 000	3 191 000
Short-Term Group Debt	6 309 000	8 698 000	11 566 000	11 210 000
Total Long-Term Debt	0	0	363 000	1 777 000
Creditors	5 469 000	5 618 000	2 981 000	4 083 000
Unpaid Taxes	18 787 000	16 385 000	17 150 000	19 003 000
Dividends	0	0	0	0
Other Current Debt	3 424 000	4 847 000	2 628 000	6 420 000
Total Current Debt	33 990 000	35 547 000	34 325 000	40 716 000
Total Equity and Debt	38 935 000	40 515 000	39 293 000	45 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,03 %	143,88 %	226,6 %	214,38 %
Debt-to-Equity Ratio	0	0	0,08	0,56
Operating Profit Margin	2,5 %	3,32 %	3,81 %	2,76 %
Current Ratio	1,14	1,13	1,14	1,12
Quick Ratio	1,14	1,13	1,14	1,12
Equity Ratio	0,13	0,12	0,12	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %