ØLEN GJESTEGÅRD AS

5580 ØLEN

Finances

Return on Equity

−27,91 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 055 000	2 028 000	2 032 000	3 531 000
Net Income	103 000	17 000	−440 000	−37 000
Total Assets	409 000	480 000	604 000	754 000
Total Equity	−369 000	−471 000	−488 000	−49 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 055 000	2 028 000	2 032 000	3 531 000
Expenditure	2 321 000	2 021 000	2 375 000	3 590 000
Operating Profit	−326 000	38 000	−406 000	−16 000
Financial Income	465 000	17 000	3 000	2 000
Financial Costs	36 000	38 000	37 000	24 000
Financial Balance	429 000	−21 000	−34 000	−22 000
Earnings Before Tax	103 000	17 000	−440 000	−37 000
Tax	0	0	0	0
Net Income	103 000	17 000	−440 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	234 000	318 000	388 000
Total Current Assets	249 000	246 000	286 000	366 000
Total Assets	409 000	480 000	604 000	754 000
Total Retained Equity	−469 000	−571 000	−588 000	−149 000
Total Equity	−369 000	−471 000	−488 000	−49 000
Total Long-Term Debt	111 000	165 000	0	0
Total Current Debt	666 000	786 000	1 092 000	803 000
Total Equity and Debt	409 000	480 000	604 000	754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	766 000	680 000	931 000	1 695 000
Other Income	1 288 000	1 348 000	1 101 000	1 836 000
Revenue	2 055 000	2 028 000	2 032 000	3 531 000
Cost of Goods Sold	522 000	593 000	627 000	934 000
Salary Costs	655 000	391 000	754 000	1 363 000
Depreciation	70 000	74 000	88 000	101 000
Impairment	20 000	0	0	0
Expenditure	2 321 000	2 021 000	2 375 000	3 590 000
Operating Profit	−326 000	38 000	−406 000	−16 000
Financial Income	465 000	17 000	3 000	2 000
Financial Costs	36 000	38 000	37 000	24 000
Financial Balance	429 000	−21 000	−34 000	−22 000
Dividends	0	0	0	0
Net Income	103 000	17 000	−440 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	140 000	229 000	313 000	383 000
Total Tangible Assets	155 000	229 000	313 000	383 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	160 000	234 000	318 000	388 000
Stock	101 000	161 000	131 000	193 000
Total Investments	0	0	0	0
Cash, Bank	27 000	3 000	40 000	59 000
Total Current Assets	249 000	246 000	286 000	366 000
Total Assets	409 000	480 000	604 000	754 000
Total Equity	−369 000	−471 000	−488 000	−49 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	165 000	0	0
Creditors	259 000	131 000	218 000	46 000
Unpaid Taxes	79 000	28 000	55 000	162 000
Dividends	0	0	0	0
Other Current Debt	129 000	440 000	412 000	418 000
Total Current Debt	666 000	786 000	1 092 000	803 000
Total Equity and Debt	409 000	480 000	604 000	754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,91 %	−3,61 %	90,16 %	75,51 %
Debt-to-Equity Ratio	−0,3	−0,35	−0	−0
Operating Profit Margin	−15,86 %	1,87 %	−19,98 %	−0,45 %
Current Ratio	0,37	0,31	0,26	0,46
Quick Ratio	0,44	0,39	0,3	0,6
Equity Ratio	−0,9	−0,98	−0,81	−0,06
Gross Profit Margin	74,6 %	70,76 %	69,14 %	73,55 %