J. OLSEN AS

0472 OSLO

Finances

Return on Equity

3,88 %

Current Ratio

3,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 317 000	7 924 000	138 175 000	223 717 000
Net Income	1 371 000	32 203 000	867 000	4 377 000
Total Assets	36 350 000	44 993 000	40 996 000	48 367 000
Total Equity	35 351 000	33 981 000	29 817 000	28 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 317 000	7 924 000	138 175 000	223 717 000
Expenditure	6 780 000	6 127 000	136 885 000	217 997 000
Operating Profit	1 537 000	1 797 000	1 289 000	5 719 000
Financial Income	208 000	30 979 000	60 000	121 000
Financial Costs	2 000	115 000	0	1 000
Financial Balance	206 000	30 864 000	60 000	120 000
Earnings Before Tax	1 743 000	32 661 000	1 349 000	5 840 000
Tax	372 000	458 000	482 000	1 463 000
Net Income	1 371 000	32 203 000	867 000	4 377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 406 000	32 718 000	6 083 000	6 440 000
Total Current Assets	3 944 000	12 275 000	34 913 000	41 927 000
Total Assets	36 350 000	44 993 000	40 996 000	48 367 000
Total Retained Equity	35 251 000	33 881 000	29 717 000	28 851 000
Total Equity	35 351 000	33 981 000	29 817 000	28 951 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	998 000	11 012 000	11 179 000	19 416 000
Total Equity and Debt	36 350 000	44 993 000	40 996 000	48 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 317 000	5 028 000	136 515 000	223 530 000
Other Income	3 000 000	2 896 000	1 659 000	187 000
Revenue	8 317 000	7 924 000	138 175 000	223 717 000
Cost of Goods Sold	0	0	101 254 000	158 999 000
Salary Costs	2 338 000	2 091 000	18 004 000	26 303 000
Depreciation	0	0	955 000	918 000
Impairment	0	0	0	0
Expenditure	6 780 000	6 127 000	136 885 000	217 997 000
Operating Profit	1 537 000	1 797 000	1 289 000	5 719 000
Financial Income	208 000	30 979 000	60 000	121 000
Financial Costs	2 000	115 000	0	1 000
Financial Balance	206 000	30 864 000	60 000	120 000
Dividends	0	10 000 000	0	6 000 000
Net Income	1 371 000	32 203 000	867 000	4 377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	806 000	1 611 000
Total Intangible Assets	0	0	885 000	1 983 000
Real Eastate	883 000	883 000	883 000	883 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 263 000	245 000
Total Tangible Assets	883 000	883 000	2 146 000	1 127 000
Total Fiancial Fixed Assets	31 523 000	31 835 000	3 052 000	3 329 000
Total Fixed Assets	32 406 000	32 718 000	6 083 000	6 440 000
Stock	0	0	7 615 000	5 941 000
Total Investments	0	0	0	0
Cash, Bank	3 944 000	12 275 000	17 169 000	10 177 000
Total Current Assets	3 944 000	12 275 000	34 913 000	41 927 000
Total Assets	36 350 000	44 993 000	40 996 000	48 367 000
Total Equity	35 351 000	33 981 000	29 817 000	28 951 000
Short-Term Group Debt	0	16 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	24 000	7 301 000	11 883 000
Unpaid Taxes	394 000	346 000	3 230 000	5 042 000
Dividends	0	10 000 000	0	6 000 000
Other Current Debt	227 000	173 000	458 000	156 000
Total Current Debt	998 000	11 012 000	11 179 000	19 416 000
Total Equity and Debt	36 350 000	44 993 000	40 996 000	48 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,88 %	94,77 %	2,91 %	15,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,48 %	22,68 %	0,93 %	2,56 %
Current Ratio	3,95	1,11	3,12	2,16
Quick Ratio	3,95	1,11	9,8	3,11
Equity Ratio	0,97	0,76	0,73	0,6
Gross Profit Margin	100 %	100 %	26,72 %	28,93 %