TOR OVE OLSEN AS

8250 ROGNAN

Finances

Return on Equity

7,63 %

Current Ratio

3,17

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 227 000	107 000	2 881 000	720 000
Net Income	297 000	−333 000	1 496 000	71 000
Total Assets	4 899 000	2 488 000	3 004 000	4 021 000
Total Equity	3 891 000	2 287 000	2 620 000	1 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 227 000	107 000	2 881 000	720 000
Expenditure	1 974 000	232 000	1 101 000	482 000
Operating Profit	253 000	−125 000	1 780 000	238 000
Financial Income	205 000	261 000	50 000	0
Financial Costs	106 000	496 000	37 000	124 000
Financial Balance	99 000	−235 000	13 000	−124 000
Earnings Before Tax	352 000	−361 000	1 793 000	114 000
Tax	55 000	−27 000	297 000	43 000
Net Income	297 000	−333 000	1 496 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 995 000	1 824 000	1 265 000	3 634 000
Total Current Assets	2 905 000	665 000	1 738 000	387 000
Total Assets	4 899 000	2 488 000	3 004 000	4 021 000
Total Retained Equity	3 341 000	2 187 000	2 520 000	1 024 000
Total Equity	3 891 000	2 287 000	2 620 000	1 124 000
Total Long-Term Debt	91 000	134 000	208 000	2 521 000
Total Current Debt	917 000	67 000	176 000	376 000
Total Equity and Debt	4 899 000	2 488 000	3 004 000	4 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	618 000	99 000	57 000	46 000
Other Income	1 609 000	8 000	2 824 000	673 000
Revenue	2 227 000	107 000	2 881 000	720 000
Cost of Goods Sold	181 000	0	0	0
Salary Costs	1 045 000	0	0	0
Depreciation	235 000	150 000	120 000	202 000
Impairment	0	0	423 000	0
Expenditure	1 974 000	232 000	1 101 000	482 000
Operating Profit	253 000	−125 000	1 780 000	238 000
Financial Income	205 000	261 000	50 000	0
Financial Costs	106 000	496 000	37 000	124 000
Financial Balance	99 000	−235 000	13 000	−124 000
Dividends	0	0	0	0
Net Income	297 000	−333 000	1 496 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	812 000	919 000	1 051 000	2 614 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	165 000	42 000	60 000	866 000
Total Tangible Assets	977 000	961 000	1 111 000	3 479 000
Total Fiancial Fixed Assets	1 018 000	863 000	155 000	155 000
Total Fixed Assets	1 995 000	1 824 000	1 265 000	3 634 000
Stock	0	0	0	0
Total Investments	635 000	379 000	595 000	0
Cash, Bank	2 249 000	234 000	924 000	198 000
Total Current Assets	2 905 000	665 000	1 738 000	387 000
Total Assets	4 899 000	2 488 000	3 004 000	4 021 000
Total Equity	3 891 000	2 287 000	2 620 000	1 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	134 000	208 000	2 521 000
Creditors	10 000	7 000	86 000	146 000
Unpaid Taxes	4 000	14 000	−2 000	22 000
Dividends	0	0	0	0
Other Current Debt	805 000	0	3 000	165 000
Total Current Debt	917 000	67 000	176 000	376 000
Total Equity and Debt	4 899 000	2 488 000	3 004 000	4 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,63 %	−14,56 %	57,1 %	6,32 %
Debt-to-Equity Ratio	0,02	0,06	0,08	2,24
Operating Profit Margin	11,36 %	−116,82 %	61,78 %	33,06 %
Current Ratio	3,17	9,93	9,88	1,03
Quick Ratio	3,17	9,93	9,88	1,03
Equity Ratio	0,79	0,92	0,87	0,28
Gross Profit Margin	91,87 %	100 %	100 %	100 %