OLSEN & FARDAL AS

5938 SÆBØVÅGEN

Finances

Share Ownership

Return on Equity

18,79 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 972 000	4 143 000	3 383 000	3 343 000
Net Income	87 000	275 000	−53 000	4 000
Total Assets	1 311 000	1 741 000	1 518 000	1 662 000
Total Equity	463 000	597 000	522 000	575 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 972 000	4 143 000	3 383 000	3 343 000
Expenditure	3 835 000	3 783 000	3 423 000	3 329 000
Operating Profit	137 000	360 000	−40 000	13 000
Financial Income	2 000	1 000	0	6 000
Financial Costs	7 000	9 000	13 000	15 000
Financial Balance	−5 000	−8 000	−13 000	−9 000
Earnings Before Tax	132 000	352 000	−53 000	4 000
Tax	46 000	77 000	0	0
Net Income	87 000	275 000	−53 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	235 000	350 000	463 000
Total Current Assets	1 202 000	1 506 000	1 168 000	1 199 000
Total Assets	1 311 000	1 741 000	1 518 000	1 662 000
Total Retained Equity	429 000	493 000	418 000	471 000
Total Equity	463 000	597 000	522 000	575 000
Total Long-Term Debt	77 000	165 000	255 000	348 000
Total Current Debt	771 000	980 000	741 000	740 000
Total Equity and Debt	1 311 000	1 741 000	1 518 000	1 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 972 000	4 143 000	3 383 000	3 350 000
Other Income	0	0	0	−7 000
Revenue	3 972 000	4 143 000	3 383 000	3 343 000
Cost of Goods Sold	852 000	1 053 000	740 000	787 000
Salary Costs	2 322 000	2 312 000	2 173 000	1 998 000
Depreciation	149 000	115 000	145 000	138 000
Impairment	0	0	0	0
Expenditure	3 835 000	3 783 000	3 423 000	3 329 000
Operating Profit	137 000	360 000	−40 000	13 000
Financial Income	2 000	1 000	0	6 000
Financial Costs	7 000	9 000	13 000	15 000
Financial Balance	−5 000	−8 000	−13 000	−9 000
Dividends	150 000	200 000	0	0
Net Income	87 000	275 000	−53 000	4 000

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	107 000	227 000	335 000	443 000
Total Tangible Assets	109 000	235 000	350 000	463 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	235 000	350 000	463 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	679 000	1 138 000	759 000	900 000
Total Current Assets	1 202 000	1 506 000	1 168 000	1 199 000
Total Assets	1 311 000	1 741 000	1 518 000	1 662 000
Total Equity	463 000	597 000	522 000	575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	165 000	255 000	348 000
Creditors	7 000	13 000	78 000	73 000
Unpaid Taxes	186 000	296 000	312 000	331 000
Dividends	150 000	200 000	0	0
Other Current Debt	382 000	394 000	351 000	335 000
Total Current Debt	771 000	980 000	741 000	740 000
Total Equity and Debt	1 311 000	1 741 000	1 518 000	1 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,79 %	46,06 %	−10,15 %	0,7 %
Debt-to-Equity Ratio	0,17	0,28	0,49	0,61
Operating Profit Margin	3,45 %	8,69 %	−1,18 %	0,39 %
Current Ratio	1,56	1,54	1,58	1,62
Quick Ratio	1,56	1,54	1,58	1,62
Equity Ratio	0,35	0,34	0,34	0,35
Gross Profit Margin	78,55 %	74,58 %	78,13 %	76,46 %