OLSENSE TECHNOLOGY AS

1463 FJELLHAMAR

Finances

Share Ownership

Return on Equity

−63,8 %

Current Ratio

5,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 020 000	3 392 000	5 061 000	2 177 000
Net Income	−1 745 000	485 000	7 000	−388 000
Total Assets	3 339 000	4 880 000	4 384 000	4 313 000
Total Equity	2 735 000	4 479 000	3 994 000	3 987 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 020 000	3 392 000	5 061 000	2 177 000
Expenditure	3 345 000	2 909 000	5 078 000	2 586 000
Operating Profit	−1 746 000	482 000	−17 000	−410 000
Financial Income	3 000	12 000	24 000	16 000
Financial Costs	1 000	10 000	0	0
Financial Balance	2 000	2 000	24 000	16 000
Earnings Before Tax	−1 745 000	485 000	7 000	−394 000
Tax	0	0	0	−6 000
Net Income	−1 745 000	485 000	7 000	−388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	384 000	7 000	89 000
Total Current Assets	3 051 000	4 496 000	4 377 000	4 223 000
Total Assets	3 339 000	4 880 000	4 384 000	4 313 000
Total Retained Equity	2 635 000	4 379 000	3 894 000	3 887 000
Total Equity	2 735 000	4 479 000	3 994 000	3 987 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	604 000	401 000	390 000	325 000
Total Equity and Debt	3 339 000	4 880 000	4 384 000	4 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 020 000	3 069 000	5 061 000	2 177 000
Other Income	0	323 000	0	0
Revenue	2 020 000	3 392 000	5 061 000	2 177 000
Cost of Goods Sold	588 000	754 000	2 159 000	241 000
Salary Costs	1 993 000	1 485 000	1 226 000	1 418 000
Depreciation	96 000	96 000	82 000	82 000
Impairment	0	0	0	0
Expenditure	3 345 000	2 909 000	5 078 000	2 586 000
Operating Profit	−1 746 000	482 000	−17 000	−410 000
Financial Income	3 000	12 000	24 000	16 000
Financial Costs	1 000	10 000	0	0
Financial Balance	2 000	2 000	24 000	16 000
Dividends	0	0	0	0
Net Income	−1 745 000	485 000	7 000	−388 000

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	288 000	384 000	7 000	89 000
Total Tangible Assets	288 000	384 000	7 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	288 000	384 000	7 000	89 000
Stock	1 750 000	2 171 000	1 001 000	1 726 000
Total Investments	0	0	0	0
Cash, Bank	920 000	1 850 000	2 675 000	1 491 000
Total Current Assets	3 051 000	4 496 000	4 377 000	4 223 000
Total Assets	3 339 000	4 880 000	4 384 000	4 313 000
Total Equity	2 735 000	4 479 000	3 994 000	3 987 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	230 000	11 000	170 000	11 000
Unpaid Taxes	108 000	187 000	64 000	125 000
Dividends	0	0	0	0
Other Current Debt	266 000	203 000	156 000	190 000
Total Current Debt	604 000	401 000	390 000	325 000
Total Equity and Debt	3 339 000	4 880 000	4 384 000	4 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,8 %	10,83 %	0,18 %	−9,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−86,44 %	14,21 %	−0,34 %	−18,83 %
Current Ratio	5,05	11,21	11,22	12,99
Quick Ratio	−2,66	−2,54	−7,16	−3,01
Equity Ratio	0,82	0,92	0,91	0,92
Gross Profit Margin	70,89 %	77,77 %	57,34 %	88,93 %