OLARIS AS

7070 BOSBERG

Finances

Share Ownership

Return on Equity

85,87 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 045 000	12 405 000	10 244 000	9 413 000
Net Income	3 190 000	1 183 000	718 000	441 000
Total Assets	7 196 000	5 198 000	2 290 000	1 894 000
Total Equity	3 715 000	525 000	−658 000	−1 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 045 000	12 405 000	10 244 000	9 413 000
Expenditure	11 590 000	11 144 000	9 378 000	8 892 000
Operating Profit	3 456 000	1 262 000	866 000	521 000
Financial Income	67 000	82 000	72 000	4 000
Financial Costs	149 000	161 000	220 000	84 000
Financial Balance	−82 000	−79 000	−148 000	−80 000
Earnings Before Tax	3 374 000	1 183 000	718 000	441 000
Tax	184 000	0	0	0
Net Income	3 190 000	1 183 000	718 000	441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 275 000	607 000	681 000	614 000
Total Current Assets	5 921 000	4 591 000	1 609 000	1 280 000
Total Assets	7 196 000	5 198 000	2 290 000	1 894 000
Total Retained Equity	3 615 000	425 000	−758 000	−1 476 000
Total Equity	3 715 000	525 000	−658 000	−1 376 000
Total Long-Term Debt	757 000	413 000	477 000	539 000
Total Current Debt	2 724 000	4 260 000	2 471 000	2 731 000
Total Equity and Debt	7 196 000	5 198 000	2 290 000	1 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 004 000	12 405 000	9 836 000	9 253 000
Other Income	41 000	0	409 000	160 000
Revenue	15 045 000	12 405 000	10 244 000	9 413 000
Cost of Goods Sold	7 451 000	7 671 000	6 017 000	5 795 000
Salary Costs	1 947 000	1 661 000	1 592 000	1 585 000
Depreciation	133 000	124 000	116 000	45 000
Impairment	0	0	0	0
Expenditure	11 590 000	11 144 000	9 378 000	8 892 000
Operating Profit	3 456 000	1 262 000	866 000	521 000
Financial Income	67 000	82 000	72 000	4 000
Financial Costs	149 000	161 000	220 000	84 000
Financial Balance	−82 000	−79 000	−148 000	−80 000
Dividends	0	0	0	0
Net Income	3 190 000	1 183 000	718 000	441 000

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	41 000	60 000	21 000	0
Fixtures	1 163 000	475 000	588 000	543 000
Total Tangible Assets	1 203 000	535 000	609 000	543 000
Total Fiancial Fixed Assets	72 000	72 000	72 000	72 000
Total Fixed Assets	1 275 000	607 000	681 000	614 000
Stock	1 337 000	872 000	544 000	520 000
Total Investments	0	0	0	0
Cash, Bank	3 530 000	1 791 000	55 000	62 000
Total Current Assets	5 921 000	4 591 000	1 609 000	1 280 000
Total Assets	7 196 000	5 198 000	2 290 000	1 894 000
Total Equity	3 715 000	525 000	−658 000	−1 376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	757 000	413 000	477 000	539 000
Creditors	1 579 000	3 446 000	1 164 000	919 000
Unpaid Taxes	610 000	291 000	255 000	279 000
Dividends	0	0	0	0
Other Current Debt	355 000	522 000	357 000	571 000
Total Current Debt	2 724 000	4 260 000	2 471 000	2 731 000
Total Equity and Debt	7 196 000	5 198 000	2 290 000	1 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,87 %	225,33 %	−109,12 %	−32,05 %
Debt-to-Equity Ratio	0,2	0,79	−0,72	−0,39
Operating Profit Margin	22,97 %	10,17 %	8,45 %	5,53 %
Current Ratio	2,17	1,08	0,65	0,47
Quick Ratio	4,27	1,36	0,83	0,58
Equity Ratio	0,52	0,1	−0,29	−0,73
Gross Profit Margin	50,48 %	38,16 %	41,26 %	38,44 %