OLAV FUGLESTRAND HOLDING AS

6823 SANDANE

Finances

Return on Equity

0,26 %

Current Ratio

23,08

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	260 000	262 000	184 000	0
Net Income	42 000	1 042 000	17 315 000	−474 000
Total Assets	17 201 000	18 691 000	18 981 000	5 082 000
Total Equity	16 324 000	18 282 000	18 605 000	1 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	260 000	262 000	184 000	0
Expenditure	2 658 000	625 000	466 000	346 000
Operating Profit	−2 397 000	−363 000	−282 000	−346 000
Financial Income	2 708 000	1 449 000	18 231 000	333 000
Financial Costs	269 000	44 000	634 000	460 000
Financial Balance	2 439 000	1 405 000	17 597 000	−127 000
Earnings Before Tax	42 000	1 042 000	17 315 000	−474 000
Tax	0	0	0	0
Net Income	42 000	1 042 000	17 315 000	−474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 694 000	2 076 000	1 765 000	1 916 000
Total Current Assets	15 507 000	16 615 000	17 216 000	3 166 000
Total Assets	17 201 000	18 691 000	18 981 000	5 082 000
Total Retained Equity	16 283 000	18 241 000	18 199 000	883 000
Total Equity	16 324 000	18 282 000	18 605 000	1 290 000
Total Long-Term Debt	205 000	248 000	291 000	3 732 000
Total Current Debt	672 000	161 000	85 000	60 000
Total Equity and Debt	17 201 000	18 691 000	18 981 000	5 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 000	348 000	98 000	0
Other Income	40 000	−86 000	86 000	0
Revenue	260 000	262 000	184 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	390 000	296 000	235 000	209 000
Depreciation	111 000	110 000	110 000	90 000
Impairment	0	0	0	0
Expenditure	2 658 000	625 000	466 000	346 000
Operating Profit	−2 397 000	−363 000	−282 000	−346 000
Financial Income	2 708 000	1 449 000	18 231 000	333 000
Financial Costs	269 000	44 000	634 000	460 000
Financial Balance	2 439 000	1 405 000	17 597 000	−127 000
Dividends	2 000 000	1 000 000	0	0
Net Income	42 000	1 042 000	17 315 000	−474 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	400 000	400 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	160 000	240 000	350 000	460 000
Total Tangible Assets	560 000	640 000	350 000	460 000
Total Fiancial Fixed Assets	1 134 000	1 436 000	1 415 000	1 456 000
Total Fixed Assets	1 694 000	2 076 000	1 765 000	1 916 000
Stock	0	0	0	0
Total Investments	10 817 000	7 521 000	2 675 000	232 000
Cash, Bank	999 000	4 675 000	10 919 000	107 000
Total Current Assets	15 507 000	16 615 000	17 216 000	3 166 000
Total Assets	17 201 000	18 691 000	18 981 000	5 082 000
Total Equity	16 324 000	18 282 000	18 605 000	1 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	205 000	248 000	291 000	3 732 000
Creditors	47 000	4 000	12 000	11 000
Unpaid Taxes	29 000	73 000	31 000	18 000
Dividends	2 000 000	1 000 000	0	0
Other Current Debt	96 000	84 000	42 000	31 000
Total Current Debt	672 000	161 000	85 000	60 000
Total Equity and Debt	17 201 000	18 691 000	18 981 000	5 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,26 %	5,7 %	93,07 %	−36,74 %
Debt-to-Equity Ratio	0,01	0,01	0,02	2,89
Operating Profit Margin	−921,92 %	−138,55 %	−153,26 %	-
Current Ratio	23,08	103,2	202,54	52,77
Quick Ratio	23,08	103,2	202,54	52,77
Equity Ratio	0,95	0,98	0,98	0,25
Gross Profit Margin	100 %	100 %	100 %	-