OLAV EIKENÆS AS

6823 SANDANE

Finances

Return on Equity

2,09 %

Current Ratio

2,49

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	331 000	309 000	309 000	302 000
Net Income	123 000	265 000	389 000	458 000
Total Assets	8 022 000	7 196 000	7 461 000	7 557 000
Total Equity	5 888 000	5 766 000	5 501 000	5 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	331 000	309 000	309 000	302 000
Expenditure	497 000	42 000	42 000	13 000
Operating Profit	−167 000	268 000	268 000	290 000
Financial Income	374 000	104 000	287 000	347 000
Financial Costs	58 000	32 000	55 000	84 000
Financial Balance	316 000	72 000	232 000	263 000
Earnings Before Tax	149 000	339 000	499 000	553 000
Tax	26 000	75 000	110 000	94 000
Net Income	123 000	265 000	389 000	458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 691 000	6 977 000	6 700 000	6 998 000
Total Current Assets	331 000	218 000	761 000	559 000
Total Assets	8 022 000	7 196 000	7 461 000	7 557 000
Total Retained Equity	3 846 000	3 723 000	3 458 000	3 069 000
Total Equity	5 888 000	5 766 000	5 501 000	5 112 000
Total Long-Term Debt	2 001 000	972 000	1 279 000	1 587 000
Total Current Debt	133 000	458 000	681 000	858 000
Total Equity and Debt	8 022 000	7 196 000	7 461 000	7 557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	331 000	309 000	309 000	302 000
Revenue	331 000	309 000	309 000	302 000
Cost of Goods Sold	0	0	0	0
Salary Costs	63 000	40 000	12 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	497 000	42 000	42 000	13 000
Operating Profit	−167 000	268 000	268 000	290 000
Financial Income	374 000	104 000	287 000	347 000
Financial Costs	58 000	32 000	55 000	84 000
Financial Balance	316 000	72 000	232 000	263 000
Dividends	0	0	0	0
Net Income	123 000	265 000	389 000	458 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 631 000	6 917 000	6 700 000	6 998 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 631 000	6 917 000	6 700 000	6 998 000
Total Fiancial Fixed Assets	60 000	60 000	0	0
Total Fixed Assets	7 691 000	6 977 000	6 700 000	6 998 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	331 000	207 000	654 000	548 000
Total Current Assets	331 000	218 000	761 000	559 000
Total Assets	8 022 000	7 196 000	7 461 000	7 557 000
Total Equity	5 888 000	5 766 000	5 501 000	5 112 000
Short-Term Group Debt	0	351 000	522 000	715 000
Total Long-Term Debt	2 001 000	972 000	1 279 000	1 587 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	100 000	33 000	49 000	29 000
Total Current Debt	133 000	458 000	681 000	858 000
Total Equity and Debt	8 022 000	7 196 000	7 461 000	7 557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,09 %	4,6 %	7,07 %	8,96 %
Debt-to-Equity Ratio	0,34	0,17	0,23	0,31
Operating Profit Margin	−50,45 %	86,73 %	86,73 %	96,03 %
Current Ratio	2,49	0,48	1,12	0,65
Quick Ratio	2,49	0,48	1,12	0,65
Equity Ratio	0,73	0,8	0,74	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %