OLACO AS

5427 URANGSVÅG

Finances

Return on Equity

−7,89 %

Current Ratio

48,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 333 000	2 966 000	2 796 000	3 329 000
Net Income	−948 000	2 513 000	1 531 000	2 212 000
Total Assets	12 261 000	13 684 000	15 554 000	14 261 000
Total Equity	12 008 000	12 955 000	14 942 000	13 411 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 333 000	2 966 000	2 796 000	3 329 000
Expenditure	1 467 000	1 507 000	1 233 000	1 919 000
Operating Profit	−134 000	1 459 000	1 563 000	1 409 000
Financial Income	301 000	2 244 000	693 000	1 174 000
Financial Costs	1 114 000	857 000	383 000	28 000
Financial Balance	−813 000	1 387 000	310 000	1 146 000
Earnings Before Tax	−948 000	2 846 000	1 873 000	2 556 000
Tax	0	334 000	341 000	344 000
Net Income	−948 000	2 513 000	1 531 000	2 212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	12 261 000	13 684 000	15 554 000	14 261 000
Total Assets	12 261 000	13 684 000	15 554 000	14 261 000
Total Retained Equity	11 907 000	12 855 000	14 842 000	13 311 000
Total Equity	12 008 000	12 955 000	14 942 000	13 411 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	253 000	729 000	612 000	850 000
Total Equity and Debt	12 261 000	13 684 000	15 554 000	14 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 333 000	2 966 000	2 796 000	3 329 000
Other Income	0	0	0	0
Revenue	1 333 000	2 966 000	2 796 000	3 329 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 357 000	1 355 000	1 017 000	1 587 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 467 000	1 507 000	1 233 000	1 919 000
Operating Profit	−134 000	1 459 000	1 563 000	1 409 000
Financial Income	301 000	2 244 000	693 000	1 174 000
Financial Costs	1 114 000	857 000	383 000	28 000
Financial Balance	−813 000	1 387 000	310 000	1 146 000
Dividends	0	4 500 000	0	0
Net Income	−948 000	2 513 000	1 531 000	2 212 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	10 056 000	11 381 000	10 690 000	10 799 000
Cash, Bank	2 200 000	1 503 000	4 264 000	2 888 000
Total Current Assets	12 261 000	13 684 000	15 554 000	14 261 000
Total Assets	12 261 000	13 684 000	15 554 000	14 261 000
Total Equity	12 008 000	12 955 000	14 942 000	13 411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	6 000	4 000	0
Unpaid Taxes	182 000	268 000	169 000	293 000
Dividends	0	4 500 000	0	0
Other Current Debt	68 000	121 000	92 000	214 000
Total Current Debt	253 000	729 000	612 000	850 000
Total Equity and Debt	12 261 000	13 684 000	15 554 000	14 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,89 %	19,4 %	10,25 %	16,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,05 %	49,19 %	55,9 %	42,33 %
Current Ratio	48,46	18,77	25,42	16,78
Quick Ratio	48,46	18,77	25,42	16,78
Equity Ratio	0,98	0,95	0,96	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %