OLSEN ASSURANSE AS

4790 LILLESAND

Finances

Return on Equity

19,32 %

Current Ratio

4,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 435 000	4 851 000	5 099 000	5 166 000
Net Income	1 585 000	2 472 000	2 487 000	2 713 000
Total Assets	10 361 000	8 808 000	11 837 000	11 014 000
Total Equity	8 205 000	7 863 000	9 361 000	8 374 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 435 000	4 851 000	5 099 000	5 166 000
Expenditure	2 553 000	1 970 000	2 235 000	1 959 000
Operating Profit	1 882 000	2 881 000	2 864 000	3 207 000
Financial Income	262 000	249 000	287 000	246 000
Financial Costs	70 000	0	3 000	1 000
Financial Balance	192 000	249 000	284 000	245 000
Earnings Before Tax	2 074 000	3 130 000	3 148 000	3 453 000
Tax	489 000	658 000	661 000	740 000
Net Income	1 585 000	2 472 000	2 487 000	2 713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 271 000	1 387 000	1 503 000	1 466 000
Total Current Assets	9 090 000	7 421 000	10 334 000	9 548 000
Total Assets	10 361 000	8 808 000	11 837 000	11 014 000
Total Retained Equity	8 175 000	7 833 000	8 361 000	7 374 000
Total Equity	8 205 000	7 863 000	9 361 000	8 374 000
Total Long-Term Debt	10 000	39 000	51 000	64 000
Total Current Debt	2 146 000	906 000	2 426 000	2 576 000
Total Equity and Debt	10 361 000	8 808 000	11 837 000	11 014 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 435 000	4 851 000	5 099 000	5 166 000
Revenue	4 435 000	4 851 000	5 099 000	5 166 000
Cost of Goods Sold	500 000	0	0	0
Salary Costs	1 220 000	1 185 000	1 440 000	1 080 000
Depreciation	116 000	116 000	111 000	80 000
Impairment	0	0	0	0
Expenditure	2 553 000	1 970 000	2 235 000	1 959 000
Operating Profit	1 882 000	2 881 000	2 864 000	3 207 000
Financial Income	262 000	249 000	287 000	246 000
Financial Costs	70 000	0	3 000	1 000
Financial Balance	192 000	249 000	284 000	245 000
Dividends	650 000	0	1 500 000	1 500 000
Net Income	1 585 000	2 472 000	2 487 000	2 713 000

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	261 000	377 000	493 000	456 000
Total Tangible Assets	261 000	377 000	493 000	456 000
Total Fiancial Fixed Assets	1 010 000	1 010 000	1 010 000	1 010 000
Total Fixed Assets	1 271 000	1 387 000	1 503 000	1 466 000
Stock	0	0	0	0
Total Investments	6 000	6 000	6 000	6 000
Cash, Bank	9 061 000	7 363 000	10 299 000	9 519 000
Total Current Assets	9 090 000	7 421 000	10 334 000	9 548 000
Total Assets	10 361 000	8 808 000	11 837 000	11 014 000
Total Equity	8 205 000	7 863 000	9 361 000	8 374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	39 000	51 000	64 000
Creditors	6 000	−1 000	0	0
Unpaid Taxes	518 000	88 000	92 000	140 000
Dividends	650 000	0	1 500 000	1 500 000
Other Current Debt	453 000	150 000	159 000	193 000
Total Current Debt	2 146 000	906 000	2 426 000	2 576 000
Total Equity and Debt	10 361 000	8 808 000	11 837 000	11 014 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,32 %	31,44 %	26,57 %	32,4 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	42,44 %	59,39 %	56,17 %	62,08 %
Current Ratio	4,24	8,19	4,26	3,71
Quick Ratio	4,24	8,19	4,26	3,71
Equity Ratio	0,79	0,89	0,79	0,76
Gross Profit Margin	88,73 %	100 %	100 %	100 %