OLSEN VEDLIKEHOLDSERVICE AS

5099 BERGEN

Finances

Share Ownership

Return on Equity

28,61 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 005 000	5 328 000	5 233 000	4 608 000
Net Income	430 000	107 000	100 000	86 000
Total Assets	3 351 000	2 834 000	2 672 000	2 128 000
Total Equity	1 503 000	1 073 000	967 000	866 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 005 000	5 328 000	5 233 000	4 608 000
Expenditure	4 443 000	5 179 000	5 033 000	4 477 000
Operating Profit	563 000	150 000	200 000	132 000
Financial Income	2 000	1 000	0	2 000
Financial Costs	14 000	15 000	59 000	24 000
Financial Balance	−12 000	−14 000	−59 000	−22 000
Earnings Before Tax	551 000	137 000	141 000	110 000
Tax	121 000	30 000	41 000	24 000
Net Income	430 000	107 000	100 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	902 000	1 459 000	1 451 000	641 000
Total Current Assets	2 450 000	1 375 000	1 221 000	1 487 000
Total Assets	3 351 000	2 834 000	2 672 000	2 128 000
Total Retained Equity	1 403 000	973 000	867 000	766 000
Total Equity	1 503 000	1 073 000	967 000	866 000
Total Long-Term Debt	58 000	15 000	0	505 000
Total Current Debt	1 790 000	1 746 000	1 705 000	757 000
Total Equity and Debt	3 351 000	2 834 000	2 672 000	2 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 732 000	5 328 000	4 823 000	4 608 000
Other Income	273 000	0	410 000	1 000
Revenue	5 005 000	5 328 000	5 233 000	4 608 000
Cost of Goods Sold	1 431 000	2 137 000	2 060 000	1 327 000
Salary Costs	2 037 000	2 122 000	2 051 000	2 303 000
Depreciation	388 000	372 000	311 000	308 000
Impairment	0	0	0	0
Expenditure	4 443 000	5 179 000	5 033 000	4 477 000
Operating Profit	563 000	150 000	200 000	132 000
Financial Income	2 000	1 000	0	2 000
Financial Costs	14 000	15 000	59 000	24 000
Financial Balance	−12 000	−14 000	−59 000	−22 000
Dividends	0	0	0	0
Net Income	430 000	107 000	100 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	15 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	822 000	1 379 000	1 356 000	460 000
Total Tangible Assets	822 000	1 379 000	1 356 000	460 000
Total Fiancial Fixed Assets	80 000	80 000	80 000	125 000
Total Fixed Assets	902 000	1 459 000	1 451 000	641 000
Stock	7 000	7 000	7 000	0
Total Investments	0	0	0	0
Cash, Bank	1 167 000	489 000	739 000	842 000
Total Current Assets	2 450 000	1 375 000	1 221 000	1 487 000
Total Assets	3 351 000	2 834 000	2 672 000	2 128 000
Total Equity	1 503 000	1 073 000	967 000	866 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	15 000	0	505 000
Creditors	169 000	168 000	167 000	82 000
Unpaid Taxes	423 000	276 000	300 000	333 000
Dividends	0	0	0	0
Other Current Debt	1 120 000	1 301 000	1 238 000	331 000
Total Current Debt	1 790 000	1 746 000	1 705 000	757 000
Total Equity and Debt	3 351 000	2 834 000	2 672 000	2 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,61 %	9,97 %	10,34 %	9,93 %
Debt-to-Equity Ratio	0,04	0,01	0	0,58
Operating Profit Margin	11,25 %	2,82 %	3,82 %	2,86 %
Current Ratio	1,37	0,79	0,72	1,96
Quick Ratio	1,37	0,79	0,72	1,96
Equity Ratio	0,45	0,38	0,36	0,41
Gross Profit Margin	71,41 %	59,89 %	60,63 %	71,2 %