OIL24 AS

6415 MOLDE

Finances

Share Ownership

Return on Equity

118,97 %

Current Ratio

0,75

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 054 000	7 469 000	7 053 000	8 972 000
Net Income	740 000	210 000	186 000	50 000
Total Assets	7 011 000	6 924 000	5 240 000	4 440 000
Total Equity	622 000	629 000	651 000	528 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 054 000	7 469 000	7 053 000	8 972 000
Expenditure	6 931 000	7 033 000	6 658 000	8 744 000
Operating Profit	1 122 000	436 000	395 000	228 000
Financial Income	12 000	4 000	13 000	5 000
Financial Costs	185 000	171 000	175 000	162 000
Financial Balance	−173 000	−167 000	−162 000	−157 000
Earnings Before Tax	949 000	269 000	232 000	71 000
Tax	209 000	59 000	46 000	20 000
Net Income	740 000	210 000	186 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 882 000	2 756 000	2 445 000	2 190 000
Total Current Assets	4 129 000	4 169 000	2 794 000	2 250 000
Total Assets	7 011 000	6 924 000	5 240 000	4 440 000
Total Retained Equity	517 000	524 000	546 000	423 000
Total Equity	622 000	629 000	651 000	528 000
Total Long-Term Debt	921 000	647 000	574 000	752 000
Total Current Debt	5 469 000	5 648 000	4 015 000	3 160 000
Total Equity and Debt	7 011 000	6 924 000	5 240 000	4 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 054 000	7 469 000	7 053 000	8 972 000
Other Income	0	0	0	0
Revenue	8 054 000	7 469 000	7 053 000	8 972 000
Cost of Goods Sold	5 219 000	5 349 000	4 977 000	6 970 000
Salary Costs	0	0	0	0
Depreciation	3 000	8 000	9 000	14 000
Impairment	0	0	0	0
Expenditure	6 931 000	7 033 000	6 658 000	8 744 000
Operating Profit	1 122 000	436 000	395 000	228 000
Financial Income	12 000	4 000	13 000	5 000
Financial Costs	185 000	171 000	175 000	162 000
Financial Balance	−173 000	−167 000	−162 000	−157 000
Dividends	0	0	0	0
Net Income	740 000	210 000	186 000	50 000

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	0	3 000	11 000	20 000
Total Tangible Assets	0	3 000	11 000	20 000
Total Fiancial Fixed Assets	2 882 000	2 753 000	2 435 000	2 171 000
Total Fixed Assets	2 882 000	2 756 000	2 445 000	2 190 000
Stock	2 948 000	2 206 000	1 939 000	1 743 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	4 129 000	4 169 000	2 794 000	2 250 000
Total Assets	7 011 000	6 924 000	5 240 000	4 440 000
Total Equity	622 000	629 000	651 000	528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	921 000	647 000	574 000	752 000
Creditors	1 973 000	2 462 000	1 183 000	302 000
Unpaid Taxes	0	48 000	83 000	18 000
Dividends	0	0	0	0
Other Current Debt	0	48 000	0	17 000
Total Current Debt	5 469 000	5 648 000	4 015 000	3 160 000
Total Equity and Debt	7 011 000	6 924 000	5 240 000	4 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,97 %	33,39 %	28,57 %	9,47 %
Debt-to-Equity Ratio	1,48	1,03	0,88	1,42
Operating Profit Margin	13,93 %	5,84 %	5,6 %	2,54 %
Current Ratio	0,75	0,74	0,7	0,71
Quick Ratio	1,64	1,21	1,35	1,59
Equity Ratio	0,09	0,09	0,12	0,12
Gross Profit Margin	35,2 %	28,38 %	29,43 %	22,31 %