REIDAR OLSEN INVEST AS

7031 TRONDHEIM

Finances

Return on Equity

4,9 %

Current Ratio

49,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	1 091 000	2 541 000	400 000
Net Income	9 048 000	2 225 000	915 000	40 698 000
Total Assets	185 920 000	183 737 000	182 429 000	175 445 000
Total Equity	184 665 000	175 617 000	173 392 000	172 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	1 091 000	2 541 000	400 000
Expenditure	3 154 000	3 248 000	3 631 000	5 759 000
Operating Profit	−2 853 000	−2 157 000	−1 089 000	−5 359 000
Financial Income	14 386 000	5 052 000	2 290 000	46 448 000
Financial Costs	2 517 000	35 000	20 000	44 000
Financial Balance	11 869 000	5 017 000	2 270 000	46 404 000
Earnings Before Tax	9 015 000	2 859 000	1 180 000	41 046 000
Tax	−32 000	634 000	265 000	347 000
Net Income	9 048 000	2 225 000	915 000	40 698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 666 000	158 568 000	93 117 000	91 634 000
Total Current Assets	18 254 000	25 168 000	89 311 000	83 811 000
Total Assets	185 920 000	183 737 000	182 429 000	175 445 000
Total Retained Equity	152 347 000	143 299 000	141 074 000	140 159 000
Total Equity	184 665 000	175 617 000	173 392 000	172 477 000
Total Long-Term Debt	886 000	7 586 000	8 051 000	531 000
Total Current Debt	369 000	533 000	985 000	2 436 000
Total Equity and Debt	185 920 000	183 737 000	182 429 000	175 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	300 000	1 091 000	2 541 000	400 000
Revenue	300 000	1 091 000	2 541 000	400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 265 000	2 237 000	1 890 000	3 998 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 154 000	3 248 000	3 631 000	5 759 000
Operating Profit	−2 853 000	−2 157 000	−1 089 000	−5 359 000
Financial Income	14 386 000	5 052 000	2 290 000	46 448 000
Financial Costs	2 517 000	35 000	20 000	44 000
Financial Balance	11 869 000	5 017 000	2 270 000	46 404 000
Dividends	0	0	0	0
Net Income	9 048 000	2 225 000	915 000	40 698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 719 000	4 687 000	5 321 000	5 586 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	819 000	819 000	819 000	819 000
Total Tangible Assets	819 000	819 000	819 000	819 000
Total Fiancial Fixed Assets	162 128 000	153 062 000	86 977 000	85 229 000
Total Fixed Assets	167 666 000	158 568 000	93 117 000	91 634 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 223 000	103 000	18 652 000	59 014 000
Total Current Assets	18 254 000	25 168 000	89 311 000	83 811 000
Total Assets	185 920 000	183 737 000	182 429 000	175 445 000
Total Equity	184 665 000	175 617 000	173 392 000	172 477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	886 000	7 586 000	8 051 000	531 000
Creditors	62 000	212 000	601 000	413 000
Unpaid Taxes	159 000	194 000	153 000	654 000
Dividends	0	0	0	0
Other Current Debt	148 000	128 000	232 000	1 369 000
Total Current Debt	369 000	533 000	985 000	2 436 000
Total Equity and Debt	185 920 000	183 737 000	182 429 000	175 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,9 %	1,27 %	0,53 %	23,6 %
Debt-to-Equity Ratio	0	0,04	0,05	0
Operating Profit Margin	−951 %	−197,71 %	−42,86 %	−1 339,75 %
Current Ratio	49,47	47,22	90,67	34,41
Quick Ratio	49,47	47,22	90,67	34,41
Equity Ratio	0,99	0,96	0,95	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %