OLABAKKEN INVEST AS

1397 NESØYA

Finances

Return on Equity

17,96 %

Current Ratio

100,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	243 000	826 000	593 000	502 000
Net Income	12 843 000	6 820 000	4 370 000	4 860 000
Total Assets	72 133 000	62 690 000	57 399 000	58 666 000
Total Equity	71 491 000	59 648 000	55 828 000	52 458 000

Income (NOK)	2022	2021	2020	2019
Revenue	243 000	826 000	593 000	502 000
Expenditure	1 121 000	1 287 000	897 000	841 000
Operating Profit	−878 000	−461 000	−305 000	−339 000
Financial Income	14 915 000	7 739 000	5 097 000	6 740 000
Financial Costs	858 000	234 000	80 000	1 190 000
Financial Balance	14 057 000	7 505 000	5 017 000	5 550 000
Earnings Before Tax	13 179 000	7 044 000	4 713 000	5 211 000
Tax	336 000	224 000	342 000	351 000
Net Income	12 843 000	6 820 000	4 370 000	4 860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 539 000	21 640 000	13 027 000	12 691 000
Total Current Assets	56 594 000	41 050 000	44 372 000	45 975 000
Total Assets	72 133 000	62 690 000	57 399 000	58 666 000
Total Retained Equity	71 436 000	59 593 000	55 773 000	52 403 000
Total Equity	71 491 000	59 648 000	55 828 000	52 458 000
Total Long-Term Debt	77 000	106 000	124 000	1 584 000
Total Current Debt	565 000	2 936 000	1 447 000	4 624 000
Total Equity and Debt	72 133 000	62 690 000	57 399 000	58 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	243 000	826 000	350 000	502 000
Other Income	0	0	243 000	0
Revenue	243 000	826 000	593 000	502 000
Cost of Goods Sold	0	0	0	0
Salary Costs	695 000	713 000	474 000	477 000
Depreciation	181 000	181 000	184 000	186 000
Impairment	0	0	0	0
Expenditure	1 121 000	1 287 000	897 000	841 000
Operating Profit	−878 000	−461 000	−305 000	−339 000
Financial Income	14 915 000	7 739 000	5 097 000	6 740 000
Financial Costs	858 000	234 000	80 000	1 190 000
Financial Balance	14 057 000	7 505 000	5 017 000	5 550 000
Dividends	0	0	0	0
Net Income	12 843 000	6 820 000	4 370 000	4 860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	610 000	792 000	973 000	468 000
Total Tangible Assets	610 000	792 000	973 000	468 000
Total Fiancial Fixed Assets	14 929 000	20 848 000	12 054 000	12 223 000
Total Fixed Assets	15 539 000	21 640 000	13 027 000	12 691 000
Stock	0	0	0	0
Total Investments	54 185 000	40 213 000	43 687 000	45 555 000
Cash, Bank	53 000	33 000	129 000	85 000
Total Current Assets	56 594 000	41 050 000	44 372 000	45 975 000
Total Assets	72 133 000	62 690 000	57 399 000	58 666 000
Total Equity	71 491 000	59 648 000	55 828 000	52 458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	106 000	124 000	1 584 000
Creditors	0	0	0	4 000
Unpaid Taxes	137 000	257 000	268 000	266 000
Dividends	0	0	0	0
Other Current Debt	68 000	71 000	0	0
Total Current Debt	565 000	2 936 000	1 447 000	4 624 000
Total Equity and Debt	72 133 000	62 690 000	57 399 000	58 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,96 %	11,43 %	7,83 %	9,26 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	−361,32 %	−55,81 %	−51,43 %	−67,53 %
Current Ratio	100,17	13,98	30,66	9,94
Quick Ratio	100,17	13,98	30,66	9,94
Equity Ratio	0,99	0,95	0,97	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %