OLUFINE AS

1410 KOLBOTN

Finances

Return on Equity

−14,27 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	292 000	203 000	138 000	938 000
Net Income	−168 000	−107 000	−89 000	117 000
Total Assets	2 187 000	3 809 000	4 079 000	4 440 000
Total Equity	1 177 000	3 394 000	3 501 000	3 590 000

Income (NOK)	2022	2021	2020	2019
Revenue	292 000	203 000	138 000	938 000
Expenditure	486 000	201 000	131 000	349 000
Operating Profit	−195 000	2 000	8 000	589 000
Financial Income	5 000	1 000	−87 000	−278 000
Financial Costs	1 000	109 000	8 000	12 000
Financial Balance	4 000	−108 000	−95 000	−290 000
Earnings Before Tax	−191 000	−106 000	−88 000	299 000
Tax	−23 000	1 000	1 000	182 000
Net Income	−168 000	−107 000	−89 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	0	0	0
Total Current Assets	2 163 000	3 809 000	4 079 000	4 440 000
Total Assets	2 187 000	3 809 000	4 079 000	4 440 000
Total Retained Equity	1 127 000	2 294 000	2 401 000	2 490 000
Total Equity	1 177 000	3 394 000	3 501 000	3 590 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 009 000	415 000	578 000	850 000
Total Equity and Debt	2 187 000	3 809 000	4 079 000	4 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	202 000	120 000	138 000	938 000
Other Income	90 000	83 000	0	0
Revenue	292 000	203 000	138 000	938 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 000	2 000	3 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	486 000	201 000	131 000	349 000
Operating Profit	−195 000	2 000	8 000	589 000
Financial Income	5 000	1 000	−87 000	−278 000
Financial Costs	1 000	109 000	8 000	12 000
Financial Balance	4 000	−108 000	−95 000	−290 000
Dividends	1 000 000	0	0	0
Net Income	−168 000	−107 000	−89 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	0	0	0
Stock	0	0	0	0
Total Investments	412 000	413 000	2 723 000	2 813 000
Cash, Bank	413 000	170 000	101 000	364 000
Total Current Assets	2 163 000	3 809 000	4 079 000	4 440 000
Total Assets	2 187 000	3 809 000	4 079 000	4 440 000
Total Equity	1 177 000	3 394 000	3 501 000	3 590 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	9 000	15 000	5 000
Unpaid Taxes	4 000	0	3 000	3 000
Dividends	1 000 000	0	0	0
Other Current Debt	3 000	405 000	559 000	660 000
Total Current Debt	1 009 000	415 000	578 000	850 000
Total Equity and Debt	2 187 000	3 809 000	4 079 000	4 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,27 %	−3,15 %	−2,54 %	3,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−66,78 %	0,99 %	5,8 %	62,79 %
Current Ratio	2,14	9,18	7,06	5,22
Quick Ratio	2,14	9,18	7,06	5,22
Equity Ratio	0,54	0,89	0,86	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %