ANDREE OLSEN AS

7048 TRONDHEIM

Finances

Share Ownership

Return on Equity

−6 133,33 %

Current Ratio

0,87

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	1 516 000	2 171 000	2 920 000
Net Income	184 000	74 000	−64 000	3 000
Total Assets	389 000	287 000	291 000	410 000
Total Equity	−3 000	−187 000	−261 000	−196 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	1 516 000	2 171 000	2 920 000
Expenditure	534 000	1 440 000	2 231 000	2 909 000
Operating Profit	186 000	76 000	−61 000	12 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	2 000	4 000	9 000
Financial Balance	−1 000	−2 000	−4 000	−9 000
Earnings Before Tax	184 000	74 000	−64 000	3 000
Tax	0	0	0	0
Net Income	184 000	74 000	−64 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	82 000	0	40 000
Total Current Assets	341 000	205 000	291 000	370 000
Total Assets	389 000	287 000	291 000	410 000
Total Retained Equity	−203 000	−387 000	−461 000	−396 000
Total Equity	−3 000	−187 000	−261 000	−196 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	391 000	474 000	552 000	606 000
Total Equity and Debt	389 000	287 000	291 000	410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	998 000	2 171 000	2 633 000
Other Income	708 000	518 000	0	287 000
Revenue	720 000	1 516 000	2 171 000	2 920 000
Cost of Goods Sold	333 000	264 000	0	528 000
Salary Costs	2 000	153 000	415 000	104 000
Depreciation	34 000	20 000	0	0
Impairment	0	0	0	0
Expenditure	534 000	1 440 000	2 231 000	2 909 000
Operating Profit	186 000	76 000	−61 000	12 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	2 000	4 000	9 000
Financial Balance	−1 000	−2 000	−4 000	−9 000
Dividends	0	0	0	0
Net Income	184 000	74 000	−64 000	3 000

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	48 000	82 000	0	0
Total Tangible Assets	48 000	82 000	0	0
Total Fiancial Fixed Assets	0	0	0	40 000
Total Fixed Assets	48 000	82 000	0	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	124 000	121 000	99 000	169 000
Total Current Assets	341 000	205 000	291 000	370 000
Total Assets	389 000	287 000	291 000	410 000
Total Equity	−3 000	−187 000	−261 000	−196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	28 000	120 000	168 000
Unpaid Taxes	11 000	17 000	32 000	42 000
Dividends	0	0	0	0
Other Current Debt	373 000	428 000	400 000	396 000
Total Current Debt	391 000	474 000	552 000	606 000
Total Equity and Debt	389 000	287 000	291 000	410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6 133,33 %	−39,57 %	24,52 %	−1,53 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	25,83 %	5,01 %	−2,81 %	0,41 %
Current Ratio	0,87	0,43	0,53	0,61
Quick Ratio	0,87	0,43	0,53	0,61
Equity Ratio	−0,01	−0,65	−0,9	−0,48
Gross Profit Margin	53,75 %	82,59 %	100 %	81,92 %