SIVILINGENIØR ALBERT ØLNES AS

1454 FAGERSTRAND

Finances

Return on Equity

42,56 %

Current Ratio

3,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 560 000	3 713 000	3 647 000	4 323 000
Net Income	1 115 000	4 261 000	14 808 000	1 938 000
Total Assets	3 560 000	2 688 000	20 728 000	6 260 000
Total Equity	2 620 000	1 705 000	19 746 000	5 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 560 000	3 713 000	3 647 000	4 323 000
Expenditure	1 627 000	2 082 000	1 913 000	2 058 000
Operating Profit	1 933 000	1 632 000	1 735 000	2 265 000
Financial Income	198 000	3 507 000	15 354 000	2 709 000
Financial Costs	590 000	518 000	1 898 000	2 536 000
Financial Balance	−392 000	2 989 000	13 456 000	173 000
Earnings Before Tax	1 541 000	4 621 000	15 191 000	2 438 000
Tax	427 000	360 000	383 000	500 000
Net Income	1 115 000	4 261 000	14 808 000	1 938 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	58 000	52 000	88 000
Total Current Assets	3 522 000	2 630 000	20 676 000	6 172 000
Total Assets	3 560 000	2 688 000	20 728 000	6 260 000
Total Retained Equity	2 584 000	1 669 000	19 646 000	5 038 000
Total Equity	2 620 000	1 705 000	19 746 000	5 138 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	941 000	983 000	982 000	1 121 000
Total Equity and Debt	3 560 000	2 688 000	20 728 000	6 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 560 000	3 768 000	3 604 000	4 500 000
Other Income	0	−54 000	43 000	−177 000
Revenue	3 560 000	3 713 000	3 647 000	4 323 000
Cost of Goods Sold	71 000	124 000	104 000	186 000
Salary Costs	975 000	1 391 000	1 269 000	1 277 000
Depreciation	15 000	32 000	34 000	44 000
Impairment	0	0	0	0
Expenditure	1 627 000	2 082 000	1 913 000	2 058 000
Operating Profit	1 933 000	1 632 000	1 735 000	2 265 000
Financial Income	198 000	3 507 000	15 354 000	2 709 000
Financial Costs	590 000	518 000	1 898 000	2 536 000
Financial Balance	−392 000	2 989 000	13 456 000	173 000
Dividends	200 000	200 000	200 000	600 000
Net Income	1 115 000	4 261 000	14 808 000	1 938 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	22 000	24 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	36 000	28 000	62 000
Total Tangible Assets	21 000	36 000	28 000	62 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	58 000	52 000	88 000
Stock	0	0	0	0
Total Investments	2 950 000	1 933 000	19 949 000	5 404 000
Cash, Bank	72 000	148 000	200 000	269 000
Total Current Assets	3 522 000	2 630 000	20 676 000	6 172 000
Total Assets	3 560 000	2 688 000	20 728 000	6 260 000
Total Equity	2 620 000	1 705 000	19 746 000	5 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	77 000	70 000	58 000	89 000
Unpaid Taxes	204 000	216 000	209 000	202 000
Dividends	200 000	200 000	200 000	600 000
Other Current Debt	37 000	139 000	133 000	133 000
Total Current Debt	941 000	983 000	982 000	1 121 000
Total Equity and Debt	3 560 000	2 688 000	20 728 000	6 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,56 %	249,91 %	74,99 %	37,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,3 %	43,95 %	47,57 %	52,39 %
Current Ratio	3,74	2,68	21,05	5,51
Quick Ratio	3,74	2,68	21,05	5,51
Equity Ratio	0,74	0,63	0,95	0,82
Gross Profit Margin	98,01 %	96,66 %	97,15 %	95,7 %