OLEUM AS

7020 TRONDHEIM

Finances

Return on Equity

5,05 %

Current Ratio

156,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	307 000	68 000	0	345 000
Net Income	1 125 000	2 972 000	542 000	4 357 000
Total Assets	22 410 000	21 763 000	19 780 000	19 853 000
Total Equity	22 269 000	21 746 000	19 780 000	19 738 000

Income (NOK)	2022	2021	2020	2019
Revenue	307 000	68 000	0	345 000
Expenditure	98 000	81 000	62 000	94 000
Operating Profit	209 000	−13 000	−62 000	251 000
Financial Income	1 860 000	4 864 000	4 873 000	4 595 000
Financial Costs	905 000	1 878 000	4 270 000	488 000
Financial Balance	955 000	2 986 000	603 000	4 107 000
Earnings Before Tax	1 164 000	2 972 000	542 000	4 357 000
Tax	39 000	0	0	0
Net Income	1 125 000	2 972 000	542 000	4 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	283 000	3 000	3 000
Total Current Assets	22 127 000	21 480 000	19 777 000	19 850 000
Total Assets	22 410 000	21 763 000	19 780 000	19 853 000
Total Retained Equity	22 129 000	21 605 000	19 639 000	19 598 000
Total Equity	22 269 000	21 746 000	19 780 000	19 738 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	141 000	17 000	0	115 000
Total Equity and Debt	22 410 000	21 763 000	19 780 000	19 853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	307 000	68 000	0	345 000
Other Income	0	0	0	0
Revenue	307 000	68 000	0	345 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	98 000	81 000	62 000	94 000
Operating Profit	209 000	−13 000	−62 000	251 000
Financial Income	1 860 000	4 864 000	4 873 000	4 595 000
Financial Costs	905 000	1 878 000	4 270 000	488 000
Financial Balance	955 000	2 986 000	603 000	4 107 000
Dividends	602 000	1 006 000	500 000	480 000
Net Income	1 125 000	2 972 000	542 000	4 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	283 000	283 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	283 000	283 000	0	0
Total Fiancial Fixed Assets	0	0	3 000	3 000
Total Fixed Assets	283 000	283 000	3 000	3 000
Stock	0	0	0	0
Total Investments	21 486 000	19 930 000	18 005 000	14 887 000
Cash, Bank	604 000	1 550 000	1 772 000	4 963 000
Total Current Assets	22 127 000	21 480 000	19 777 000	19 850 000
Total Assets	22 410 000	21 763 000	19 780 000	19 853 000
Total Equity	22 269 000	21 746 000	19 780 000	19 738 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	0	0	28 000
Unpaid Taxes	77 000	17 000	0	86 000
Dividends	602 000	1 006 000	500 000	480 000
Other Current Debt	0	0	0	0
Total Current Debt	141 000	17 000	0	115 000
Total Equity and Debt	22 410 000	21 763 000	19 780 000	19 853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,05 %	13,67 %	2,74 %	22,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	68,08 %	−19,12 %	-	72,75 %
Current Ratio	156,93	1 263,53	-	172,61
Quick Ratio	156,93	1 263,53	-	172,61
Equity Ratio	0,99	1	1	0,99
Gross Profit Margin	100 %	100 %	-	100 %