ØLEN INVEST AS

5533 HAUGESUND

Finances

Return on Equity

11,95 %

Current Ratio

58,61

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	428 000	291 000	189 000	179 000
Net Income	2 828 000	674 000	36 000	15 925 000
Total Assets	25 833 000	23 149 000	23 391 000	23 211 000
Total Equity	23 658 000	20 930 000	21 056 000	21 929 000

Income (NOK)	2022	2021	2020	2019
Revenue	428 000	291 000	189 000	179 000
Expenditure	277 000	239 000	261 000	120 000
Operating Profit	152 000	51 000	−73 000	58 000
Financial Income	3 185 000	738 000	231 000	15 948 000
Financial Costs	425 000	55 000	123 000	51 000
Financial Balance	2 760 000	683 000	108 000	15 897 000
Earnings Before Tax	2 912 000	734 000	35 000	15 955 000
Tax	84 000	60 000	−1 000	30 000
Net Income	2 828 000	674 000	36 000	15 925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 345 000	12 546 000	12 696 000	11 562 000
Total Current Assets	11 488 000	10 603 000	10 694 000	11 648 000
Total Assets	25 833 000	23 149 000	23 391 000	23 211 000
Total Retained Equity	23 558 000	20 830 000	20 956 000	21 829 000
Total Equity	23 658 000	20 930 000	21 056 000	21 929 000
Total Long-Term Debt	1 979 000	2 146 000	2 320 000	1 238 000
Total Current Debt	196 000	73 000	15 000	43 000
Total Equity and Debt	25 833 000	23 149 000	23 391 000	23 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	428 000	291 000	189 000	179 000
Revenue	428 000	291 000	189 000	179 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	277 000	239 000	261 000	120 000
Operating Profit	152 000	51 000	−73 000	58 000
Financial Income	3 185 000	738 000	231 000	15 948 000
Financial Costs	425 000	55 000	123 000	51 000
Financial Balance	2 760 000	683 000	108 000	15 897 000
Dividends	100 000	800 000	910 000	0
Net Income	2 828 000	674 000	36 000	15 925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 440 000	10 441 000	10 441 000	9 107 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 440 000	10 441 000	10 441 000	9 107 000
Total Fiancial Fixed Assets	1 905 000	2 105 000	2 255 000	2 455 000
Total Fixed Assets	14 345 000	12 546 000	12 696 000	11 562 000
Stock	0	0	0	0
Total Investments	296 000	4 986 000	540 000	249 000
Cash, Bank	11 089 000	5 616 000	10 151 000	11 396 000
Total Current Assets	11 488 000	10 603 000	10 694 000	11 648 000
Total Assets	25 833 000	23 149 000	23 391 000	23 211 000
Total Equity	23 658 000	20 930 000	21 056 000	21 929 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 979 000	2 146 000	2 320 000	1 238 000
Creditors	0	2 000	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	100 000	800 000	910 000	0
Other Current Debt	112 000	11 000	11 000	16 000
Total Current Debt	196 000	73 000	15 000	43 000
Total Equity and Debt	25 833 000	23 149 000	23 391 000	23 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,95 %	3,22 %	0,17 %	72,62 %
Debt-to-Equity Ratio	0,08	0,1	0,11	0,06
Operating Profit Margin	35,51 %	17,53 %	−38,62 %	32,4 %
Current Ratio	58,61	145,25	712,93	270,88
Quick Ratio	58,61	145,25	712,93	270,88
Equity Ratio	0,92	0,9	0,9	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %