STEIN FRODE OLSEN AS

8630 STORFORSHEIA

Finances

Return on Equity

1,08 %

Current Ratio

329,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	236 000	110 000	0	0
Net Income	254 000	23 185 000	−154 000	38 000
Total Assets	23 629 000	24 057 000	4 409 000	4 563 000
Total Equity	23 569 000	23 965 000	1 476 000	1 629 000

Income (NOK)	2022	2021	2020	2019
Revenue	236 000	110 000	0	0
Expenditure	226 000	303 000	69 000	104 000
Operating Profit	10 000	−194 000	−69 000	−105 000
Financial Income	937 000	23 370 000	14 000	314 000
Financial Costs	657 000	18 000	142 000	218 000
Financial Balance	280 000	23 352 000	−128 000	96 000
Earnings Before Tax	290 000	23 158 000	−197 000	−9 000
Tax	36 000	−27 000	−43 000	−48 000
Net Income	254 000	23 185 000	−154 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 860 000	8 382 000	3 378 000	3 328 000
Total Current Assets	19 769 000	15 675 000	1 031 000	1 234 000
Total Assets	23 629 000	24 057 000	4 409 000	4 563 000
Total Retained Equity	23 469 000	23 865 000	1 180 000	1 333 000
Total Equity	23 569 000	23 965 000	1 476 000	1 629 000
Total Long-Term Debt	0	0	2 925 000	2 925 000
Total Current Debt	60 000	92 000	9 000	8 000
Total Equity and Debt	23 629 000	24 057 000	4 409 000	4 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	110 000	0	0
Other Income	186 000	0	0	0
Revenue	236 000	110 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	58 000	0	0
Depreciation	116 000	64 000	51 000	58 000
Impairment	0	0	0	0
Expenditure	226 000	303 000	69 000	104 000
Operating Profit	10 000	−194 000	−69 000	−105 000
Financial Income	937 000	23 370 000	14 000	314 000
Financial Costs	657 000	18 000	142 000	218 000
Financial Balance	280 000	23 352 000	−128 000	96 000
Dividends	650 000	500 000	0	0
Net Income	254 000	23 185 000	−154 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	101 000	137 000	110 000	67 000
Real Eastate	3 070 000	0	0	0
Machinery and Plant Facilities	26 000	67 000	117 000	168 000
Fixtures	552 000	67 000	0	0
Total Tangible Assets	3 648 000	133 000	117 000	168 000
Total Fiancial Fixed Assets	111 000	8 111 000	3 150 000	3 093 000
Total Fixed Assets	3 860 000	8 382 000	3 378 000	3 328 000
Stock	0	0	0	0
Total Investments	7 343 000	0	0	0
Cash, Bank	11 955 000	7 714 000	692 000	1 204 000
Total Current Assets	19 769 000	15 675 000	1 031 000	1 234 000
Total Assets	23 629 000	24 057 000	4 409 000	4 563 000
Total Equity	23 569 000	23 965 000	1 476 000	1 629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 925 000	2 925 000
Creditors	11 000	13 000	0	0
Unpaid Taxes	0	30 000	0	0
Dividends	650 000	500 000	0	0
Other Current Debt	48 000	48 000	9 000	8 000
Total Current Debt	60 000	92 000	9 000	8 000
Total Equity and Debt	23 629 000	24 057 000	4 409 000	4 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,08 %	96,75 %	−10,43 %	2,33 %
Debt-to-Equity Ratio	0	0	1,98	1,8
Operating Profit Margin	4,24 %	−176,36 %	-	-
Current Ratio	329,48	170,38	114,56	154,25
Quick Ratio	329,48	170,38	114,56	154,25
Equity Ratio	1	1	0,33	0,36
Gross Profit Margin	100 %	100 %	-	-