PETTER A OLSEN TRANSPORT AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

−45,71 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 033 000	2 457 000	2 101 000	1 721 000
Net Income	−240 000	23 000	−157 000	−376 000
Total Assets	1 801 000	1 755 000	1 896 000	2 335 000
Total Equity	525 000	452 000	429 000	586 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 033 000	2 457 000	2 101 000	1 721 000
Expenditure	2 346 000	2 429 000	2 300 000	2 187 000
Operating Profit	−313 000	28 000	−197 000	−465 000
Financial Income	6 000	6 000	6 000	6 000
Financial Costs	0	4 000	10 000	24 000
Financial Balance	6 000	2 000	−4 000	−18 000
Earnings Before Tax	−307 000	30 000	−201 000	−483 000
Tax	−68 000	7 000	−44 000	−106 000
Net Income	−240 000	23 000	−157 000	−376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	88 000	387 000	684 000
Total Current Assets	1 733 000	1 667 000	1 509 000	1 651 000
Total Assets	1 801 000	1 755 000	1 896 000	2 335 000
Total Retained Equity	425 000	352 000	329 000	486 000
Total Equity	525 000	452 000	429 000	586 000
Total Long-Term Debt	0	0	134 000	474 000
Total Current Debt	1 276 000	1 303 000	1 334 000	1 276 000
Total Equity and Debt	1 801 000	1 755 000	1 896 000	2 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 033 000	2 404 000	2 101 000	1 721 000
Other Income	0	53 000	0	0
Revenue	2 033 000	2 457 000	2 101 000	1 721 000
Cost of Goods Sold	177 000	158 000	207 000	194 000
Salary Costs	985 000	963 000	851 000	861 000
Depreciation	0	343 000	342 000	342 000
Impairment	0	0	0	0
Expenditure	2 346 000	2 429 000	2 300 000	2 187 000
Operating Profit	−313 000	28 000	−197 000	−465 000
Financial Income	6 000	6 000	6 000	6 000
Financial Costs	0	4 000	10 000	24 000
Financial Balance	6 000	2 000	−4 000	−18 000
Dividends	0	0	0	0
Net Income	−240 000	23 000	−157 000	−376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	88 000	44 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	343 000	684 000
Total Tangible Assets	0	0	343 000	684 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 000	88 000	387 000	684 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 154 000	719 000	686 000	924 000
Total Current Assets	1 733 000	1 667 000	1 509 000	1 651 000
Total Assets	1 801 000	1 755 000	1 896 000	2 335 000
Total Equity	525 000	452 000	429 000	586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	134 000	474 000
Creditors	76 000	18 000	79 000	64 000
Unpaid Taxes	90 000	147 000	155 000	133 000
Dividends	0	0	0	0
Other Current Debt	1 110 000	1 088 000	1 099 000	1 079 000
Total Current Debt	1 276 000	1 303 000	1 334 000	1 276 000
Total Equity and Debt	1 801 000	1 755 000	1 896 000	2 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,71 %	5,09 %	−36,6 %	−64,16 %
Debt-to-Equity Ratio	0	0	0,31	0,81
Operating Profit Margin	−15,4 %	1,14 %	−9,38 %	−27,02 %
Current Ratio	1,36	1,28	1,13	1,29
Quick Ratio	1,36	1,28	1,13	1,29
Equity Ratio	0,29	0,26	0,23	0,25
Gross Profit Margin	91,29 %	93,57 %	90,15 %	88,73 %