OLCON AS

3360 GEITHUS

Finances

Share Ownership

Return on Equity

−1 513,33 %

Current Ratio

0,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	234 000	1 074 000	1 966 000	1 358 000
Net Income	−227 000	−269 000	222 000	110 000
Total Assets	249 000	530 000	1 044 000	587 000
Total Equity	15 000	242 000	511 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	234 000	1 074 000	1 966 000	1 358 000
Expenditure	525 000	1 344 000	1 682 000	1 217 000
Operating Profit	−291 000	−270 000	285 000	141 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−291 000	−270 000	285 000	141 000
Tax	−64 000	−1 000	63 000	31 000
Net Income	−227 000	−269 000	222 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	110 000	89 000	19 000
Total Current Assets	106 000	420 000	955 000	568 000
Total Assets	249 000	530 000	1 044 000	587 000
Total Retained Equity	−85 000	142 000	411 000	189 000
Total Equity	15 000	242 000	511 000	289 000
Total Long-Term Debt	0	0	5 000	1 000
Total Current Debt	234 000	287 000	528 000	297 000
Total Equity and Debt	249 000	530 000	1 044 000	587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	234 000	1 074 000	1 966 000	1 358 000
Other Income	0	0	0	0
Revenue	234 000	1 074 000	1 966 000	1 358 000
Cost of Goods Sold	0	9 000	76 000	0
Salary Costs	428 000	1 195 000	1 365 000	1 014 000
Depreciation	31 000	34 000	9 000	3 000
Impairment	0	0	0	0
Expenditure	525 000	1 344 000	1 682 000	1 217 000
Operating Profit	−291 000	−270 000	285 000	141 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−227 000	−269 000	222 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	118 000	54 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	55 000	89 000	19 000
Total Tangible Assets	24 000	55 000	89 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	143 000	110 000	89 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	313 000	816 000	365 000
Total Current Assets	106 000	420 000	955 000	568 000
Total Assets	249 000	530 000	1 044 000	587 000
Total Equity	15 000	242 000	511 000	289 000
Short-Term Group Debt	0	0	129 000	95 000
Total Long-Term Debt	0	0	5 000	1 000
Creditors	3 000	5 000	79 000	0
Unpaid Taxes	15 000	112 000	211 000	101 000
Dividends	0	0	0	0
Other Current Debt	215 000	170 000	51 000	71 000
Total Current Debt	234 000	287 000	528 000	297 000
Total Equity and Debt	249 000	530 000	1 044 000	587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 513,33 %	−111,16 %	43,44 %	38,06 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−124,36 %	−25,14 %	14,5 %	10,38 %
Current Ratio	0,45	1,46	1,81	1,91
Quick Ratio	0,45	1,46	1,81	1,91
Equity Ratio	0,06	0,46	0,49	0,49
Gross Profit Margin	100 %	99,16 %	96,13 %	100 %