OLAV K. ELLINGSEN INVEST AS

8400 SORTLAND

Finances

Return on Equity

7,33 %

Current Ratio

565,67

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	400 000	400 000	600 000
Net Income	1 296 000	687 000	921 000	590 000
Total Assets	18 806 000	17 489 000	17 798 000	4 235 000
Total Equity	17 682 000	16 387 000	16 700 000	3 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	400 000	400 000	600 000
Expenditure	13 000	13 000	44 000	12 000
Operating Profit	187 000	387 000	356 000	588 000
Financial Income	1 130 000	304 000	571 000	5 000
Financial Costs	15 000	4 000	0	0
Financial Balance	1 115 000	300 000	571 000	5 000
Earnings Before Tax	1 302 000	687 000	928 000	593 000
Tax	6 000	0	7 000	2 000
Net Income	1 296 000	687 000	921 000	590 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 412 000	15 402 000	15 400 000	3 226 000
Total Current Assets	3 394 000	2 087 000	2 398 000	1 009 000
Total Assets	18 806 000	17 489 000	17 798 000	4 235 000
Total Retained Equity	3 585 000	2 289 000	2 602 000	1 732 000
Total Equity	17 682 000	16 387 000	16 700 000	3 933 000
Total Long-Term Debt	1 117 000	1 103 000	1 098 000	0
Total Current Debt	6 000	0	0	302 000
Total Equity and Debt	18 806 000	17 489 000	17 798 000	4 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	200 000	400 000	400 000	600 000
Revenue	200 000	400 000	400 000	600 000
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	13 000	13 000	44 000	12 000
Operating Profit	187 000	387 000	356 000	588 000
Financial Income	1 130 000	304 000	571 000	5 000
Financial Costs	15 000	4 000	0	0
Financial Balance	1 115 000	300 000	571 000	5 000
Dividends	0	0	0	300 000
Net Income	1 296 000	687 000	921 000	590 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 026 000	1 026 000	1 026 000	1 026 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 026 000	1 026 000	1 026 000	1 026 000
Total Fiancial Fixed Assets	14 386 000	14 377 000	14 374 000	2 200 000
Total Fixed Assets	15 412 000	15 402 000	15 400 000	3 226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 394 000	2 087 000	2 398 000	1 009 000
Total Current Assets	3 394 000	2 087 000	2 398 000	1 009 000
Total Assets	18 806 000	17 489 000	17 798 000	4 235 000
Total Equity	17 682 000	16 387 000	16 700 000	3 933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 117 000	1 103 000	1 098 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	300 000
Other Current Debt	0	0	0	0
Total Current Debt	6 000	0	0	302 000
Total Equity and Debt	18 806 000	17 489 000	17 798 000	4 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,33 %	4,19 %	5,51 %	15 %
Debt-to-Equity Ratio	0,06	0,07	0,07	0
Operating Profit Margin	93,5 %	96,75 %	89 %	98 %
Current Ratio	565,67	-	-	3,34
Quick Ratio	565,67	-	-	3,34
Equity Ratio	0,94	0,94	0,94	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %