OLAS EIENDOM AS

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

45,16 %

Current Ratio

16,71

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 330 000	947 000	1 046 000	1 047 000
Net Income	3 852 000	160 000	−25 000	150 000
Total Assets	10 940 000	6 057 000	5 976 000	6 185 000
Total Equity	8 530 000	4 698 000	4 538 000	4 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 330 000	947 000	1 046 000	1 047 000
Expenditure	452 000	716 000	1 039 000	815 000
Operating Profit	4 878 000	231 000	7 000	232 000
Financial Income	103 000	3 000	3 000	4 000
Financial Costs	42 000	36 000	42 000	44 000
Financial Balance	61 000	−33 000	−39 000	−40 000
Earnings Before Tax	4 939 000	197 000	−32 000	192 000
Tax	1 087 000	37 000	−7 000	42 000
Net Income	3 852 000	160 000	−25 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 774 000	5 577 000	5 622 000	5 670 000
Total Current Assets	6 166 000	480 000	354 000	516 000
Total Assets	10 940 000	6 057 000	5 976 000	6 185 000
Total Retained Equity	5 677 000	1 795 000	1 635 000	1 660 000
Total Equity	8 530 000	4 698 000	4 538 000	4 663 000
Total Long-Term Debt	2 040 000	1 280 000	1 385 000	1 401 000
Total Current Debt	369 000	78 000	52 000	121 000
Total Equity and Debt	10 940 000	6 057 000	5 976 000	6 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	0	0	0
Other Income	5 316 000	947 000	1 046 000	1 047 000
Revenue	5 330 000	947 000	1 046 000	1 047 000
Cost of Goods Sold	0	0	8 000	0
Salary Costs	0	0	165 000	54 000
Depreciation	54 000	45 000	48 000	51 000
Impairment	0	0	0	0
Expenditure	452 000	716 000	1 039 000	815 000
Operating Profit	4 878 000	231 000	7 000	232 000
Financial Income	103 000	3 000	3 000	4 000
Financial Costs	42 000	36 000	42 000	44 000
Financial Balance	61 000	−33 000	−39 000	−40 000
Dividends	0	0	0	0
Net Income	3 852 000	160 000	−25 000	150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 166 000	5 577 000	5 622 000	5 670 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	607 000	0	0	0
Total Tangible Assets	4 774 000	5 577 000	5 622 000	5 670 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 774 000	5 577 000	5 622 000	5 670 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 157 000	460 000	330 000	472 000
Total Current Assets	6 166 000	480 000	354 000	516 000
Total Assets	10 940 000	6 057 000	5 976 000	6 185 000
Total Equity	8 530 000	4 698 000	4 538 000	4 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 040 000	1 280 000	1 385 000	1 401 000
Creditors	79 000	3 000	1 000	4 000
Unpaid Taxes	0	0	19 000	19 000
Dividends	0	0	0	0
Other Current Debt	40 000	38 000	32 000	56 000
Total Current Debt	369 000	78 000	52 000	121 000
Total Equity and Debt	10 940 000	6 057 000	5 976 000	6 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,16 %	3,41 %	−0,55 %	3,22 %
Debt-to-Equity Ratio	0,24	0,27	0,31	0,3
Operating Profit Margin	91,52 %	24,39 %	0,67 %	22,16 %
Current Ratio	16,71	6,15	6,81	4,26
Quick Ratio	16,71	6,15	6,81	4,26
Equity Ratio	0,78	0,78	0,76	0,75
Gross Profit Margin	100 %	100 %	99,24 %	100 %