K. OLSEN AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

35,1 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 100 000	80 800 000	82 226 000	66 813 000
Net Income	450 000	1 332 000	1 561 000	603 000
Total Assets	8 546 000	9 870 000	9 733 000	7 566 000
Total Equity	1 282 000	1 481 000	1 461 000	1 137 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 100 000	80 800 000	82 226 000	66 813 000
Expenditure	71 577 000	79 111 000	80 248 000	66 073 000
Operating Profit	524 000	1 690 000	1 978 000	740 000
Financial Income	53 000	19 000	24 000	33 000
Financial Costs	0	0	0	0
Financial Balance	53 000	19 000	24 000	33 000
Earnings Before Tax	577 000	1 709 000	2 002 000	773 000
Tax	127 000	377 000	441 000	170 000
Net Income	450 000	1 332 000	1 561 000	603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	490 000	642 000	439 000	698 000
Total Current Assets	8 056 000	9 229 000	9 294 000	6 868 000
Total Assets	8 546 000	9 870 000	9 733 000	7 566 000
Total Retained Equity	782 000	981 000	961 000	637 000
Total Equity	1 282 000	1 481 000	1 461 000	1 137 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 264 000	8 389 000	8 272 000	6 429 000
Total Equity and Debt	8 546 000	9 870 000	9 733 000	7 566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 041 000	79 027 000	80 518 000	65 038 000
Other Income	2 059 000	1 773 000	1 708 000	1 775 000
Revenue	72 100 000	80 800 000	82 226 000	66 813 000
Cost of Goods Sold	59 833 000	66 794 000	68 001 000	55 369 000
Salary Costs	4 823 000	4 960 000	4 906 000	4 192 000
Depreciation	142 000	220 000	333 000	482 000
Impairment	0	0	0	0
Expenditure	71 577 000	79 111 000	80 248 000	66 073 000
Operating Profit	524 000	1 690 000	1 978 000	740 000
Financial Income	53 000	19 000	24 000	33 000
Financial Costs	0	0	0	0
Financial Balance	53 000	19 000	24 000	33 000
Dividends	649 000	1 312 000	1 238 000	720 000
Net Income	450 000	1 332 000	1 561 000	603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	79 000	82 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	420 000	562 000	357 000	646 000
Total Tangible Assets	420 000	562 000	357 000	646 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	490 000	642 000	439 000	698 000
Stock	3 626 000	3 397 000	3 213 000	2 765 000
Total Investments	0	0	0	0
Cash, Bank	3 785 000	5 109 000	5 354 000	3 653 000
Total Current Assets	8 056 000	9 229 000	9 294 000	6 868 000
Total Assets	8 546 000	9 870 000	9 733 000	7 566 000
Total Equity	1 282 000	1 481 000	1 461 000	1 137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 036 000	5 008 000	4 847 000	3 986 000
Unpaid Taxes	312 000	472 000	509 000	508 000
Dividends	649 000	1 312 000	1 238 000	720 000
Other Current Debt	1 149 000	1 223 000	1 207 000	989 000
Total Current Debt	7 264 000	8 389 000	8 272 000	6 429 000
Total Equity and Debt	8 546 000	9 870 000	9 733 000	7 566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,1 %	89,94 %	106,84 %	53,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,73 %	2,09 %	2,41 %	1,11 %
Current Ratio	1,11	1,1	1,12	1,07
Quick Ratio	2,21	1,85	1,84	1,87
Equity Ratio	0,15	0,15	0,15	0,15
Gross Profit Margin	17,01 %	17,33 %	17,3 %	17,13 %