OLSENS ØYE AS

2615 LILLEHAMMER

Finances

Return on Equity

1,05 %

Current Ratio

41,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 521 000	7 723 000	6 927 000	7 358 000
Net Income	240 000	5 694 000	3 028 000	4 412 000
Total Assets	23 602 000	24 992 000	21 615 000	19 315 000
Total Equity	22 946 000	23 606 000	20 612 000	17 583 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 521 000	7 723 000	6 927 000	7 358 000
Expenditure	3 449 000	4 449 000	4 738 000	4 808 000
Operating Profit	1 071 000	3 275 000	2 190 000	2 550 000
Financial Income	531 000	3 225 000	1 323 000	2 442 000
Financial Costs	1 163 000	0	0	0
Financial Balance	−632 000	3 225 000	1 323 000	2 442 000
Earnings Before Tax	439 000	6 500 000	3 512 000	4 993 000
Tax	199 000	806 000	484 000	581 000
Net Income	240 000	5 694 000	3 028 000	4 412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	399 000	295 000	292 000
Total Current Assets	23 232 000	24 593 000	21 320 000	19 023 000
Total Assets	23 602 000	24 992 000	21 615 000	19 315 000
Total Retained Equity	22 846 000	23 506 000	20 512 000	17 483 000
Total Equity	22 946 000	23 606 000	20 612 000	17 583 000
Total Long-Term Debt	102 000	209 000	0	8 000
Total Current Debt	554 000	1 177 000	1 003 000	1 723 000
Total Equity and Debt	23 602 000	24 992 000	21 615 000	19 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	610 000	769 000	775 000	791 000
Other Income	3 911 000	6 954 000	6 152 000	6 567 000
Revenue	4 521 000	7 723 000	6 927 000	7 358 000
Cost of Goods Sold	180 000	172 000	301 000	337 000
Salary Costs	1 021 000	1 037 000	1 033 000	988 000
Depreciation	28 000	15 000	15 000	18 000
Impairment	0	0	0	0
Expenditure	3 449 000	4 449 000	4 738 000	4 808 000
Operating Profit	1 071 000	3 275 000	2 190 000	2 550 000
Financial Income	531 000	3 225 000	1 323 000	2 442 000
Financial Costs	1 163 000	0	0	0
Financial Balance	−632 000	3 225 000	1 323 000	2 442 000
Dividends	0	0	0	900 000
Net Income	240 000	5 694 000	3 028 000	4 412 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	79 000	57 000	72 000
Total Tangible Assets	50 000	79 000	57 000	72 000
Total Fiancial Fixed Assets	320 000	320 000	220 000	220 000
Total Fixed Assets	370 000	399 000	295 000	292 000
Stock	0	0	0	0
Total Investments	20 544 000	21 307 000	17 771 000	16 077 000
Cash, Bank	2 375 000	2 979 000	3 262 000	2 663 000
Total Current Assets	23 232 000	24 593 000	21 320 000	19 023 000
Total Assets	23 602 000	24 992 000	21 615 000	19 315 000
Total Equity	22 946 000	23 606 000	20 612 000	17 583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	102 000	209 000	0	8 000
Creditors	12 000	10 000	14 000	0
Unpaid Taxes	79 000	80 000	79 000	76 000
Dividends	0	0	0	900 000
Other Current Debt	157 000	509 000	400 000	146 000
Total Current Debt	554 000	1 177 000	1 003 000	1 723 000
Total Equity and Debt	23 602 000	24 992 000	21 615 000	19 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,05 %	24,12 %	14,69 %	25,09 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	23,69 %	42,41 %	31,62 %	34,66 %
Current Ratio	41,94	20,89	21,26	11,04
Quick Ratio	41,94	20,89	21,26	11,04
Equity Ratio	0,97	0,94	0,95	0,91
Gross Profit Margin	96,02 %	97,77 %	95,65 %	95,42 %