OLAF HELSETS VEI 5 AS

0694 OSLO

Finances

Share Ownership

Return on Equity

5,65 %

Current Ratio

0,45

Debt-to-Equity Ratio

4,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 211 000	56 464 000	57 076 000	56 538 000
Net Income	8 879 000	10 898 000	10 043 000	2 469 000
Total Assets	844 660 000	836 044 000	835 376 000	828 859 000
Total Equity	157 146 000	133 268 000	120 942 000	113 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 211 000	56 464 000	57 076 000	56 538 000
Expenditure	27 773 000	27 899 000	26 464 000	28 008 000
Operating Profit	32 438 000	28 565 000	30 613 000	28 530 000
Financial Income	53 000	0	39 000	7 000
Financial Costs	21 348 000	14 771 000	18 048 000	25 656 000
Financial Balance	−21 295 000	−14 771 000	−18 009 000	−25 649 000
Earnings Before Tax	11 142 000	13 794 000	12 603 000	2 881 000
Tax	2 264 000	2 896 000	2 561 000	411 000
Net Income	8 879 000	10 898 000	10 043 000	2 469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	836 434 000	812 605 000	817 203 000	824 268 000
Total Current Assets	8 226 000	23 439 000	18 173 000	4 591 000
Total Assets	844 660 000	836 044 000	835 376 000	828 859 000
Total Retained Equity	67 209 000	58 330 000	63 451 000	55 919 000
Total Equity	157 146 000	133 268 000	120 942 000	113 409 000
Total Long-Term Debt	669 097 000	689 434 000	702 344 000	705 370 000
Total Current Debt	18 416 000	13 343 000	12 090 000	10 080 000
Total Equity and Debt	844 660 000	836 044 000	835 376 000	828 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	130 000	8 000	2 000	142 000
Other Income	60 081 000	56 456 000	57 074 000	56 396 000
Revenue	60 211 000	56 464 000	57 076 000	56 538 000
Cost of Goods Sold	126 000	26 000	0	428 000
Salary Costs	0	0	14 000	0
Depreciation	12 908 000	14 301 000	15 297 000	13 310 000
Impairment	0	0	0	0
Expenditure	27 773 000	27 899 000	26 464 000	28 008 000
Operating Profit	32 438 000	28 565 000	30 613 000	28 530 000
Financial Income	53 000	0	39 000	7 000
Financial Costs	21 348 000	14 771 000	18 048 000	25 656 000
Financial Balance	−21 295 000	−14 771 000	−18 009 000	−25 649 000
Dividends	0	0	0	0
Net Income	8 879 000	10 898 000	10 043 000	2 469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	811 000	649 000	0	0
Real Eastate	820 056 000	810 587 000	814 994 000	816 630 000
Machinery and Plant Facilities	0	254 000	338 000	0
Fixtures	1 024 000	1 001 000	609 000	633 000
Total Tangible Assets	821 080 000	811 842 000	815 941 000	817 263 000
Total Fiancial Fixed Assets	14 543 000	114 000	1 262 000	7 005 000
Total Fixed Assets	836 434 000	812 605 000	817 203 000	824 268 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 838 000	20 347 000	16 248 000	276 000
Total Current Assets	8 226 000	23 439 000	18 173 000	4 591 000
Total Assets	844 660 000	836 044 000	835 376 000	828 859 000
Total Equity	157 146 000	133 268 000	120 942 000	113 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	669 097 000	689 434 000	702 344 000	705 370 000
Creditors	13 872 000	10 726 000	7 605 000	8 263 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 647 000	2 617 000	3 238 000	1 780 000
Total Current Debt	18 416 000	13 343 000	12 090 000	10 080 000
Total Equity and Debt	844 660 000	836 044 000	835 376 000	828 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,65 %	8,18 %	8,3 %	2,18 %
Debt-to-Equity Ratio	4,26	5,17	5,81	6,22
Operating Profit Margin	53,87 %	50,59 %	53,64 %	50,46 %
Current Ratio	0,45	1,76	1,5	0,46
Quick Ratio	0,45	1,76	1,5	0,46
Equity Ratio	0,19	0,16	0,14	0,14
Gross Profit Margin	99,79 %	99,95 %	100 %	99,24 %