OLA FLATELAND TRANSPORT AS

4830 HYNNEKLEIV

Finances

Return on Equity

8,8 %

Current Ratio

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 576 000	9 827 000	10 769 000	9 140 000
Net Income	332 000	−22 000	543 000	987 000
Total Assets	7 602 000	7 053 000	7 992 000	7 203 000
Total Equity	3 771 000	3 438 000	3 461 000	2 918 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 576 000	9 827 000	10 769 000	9 140 000
Expenditure	9 032 000	9 784 000	9 935 000	7 760 000
Operating Profit	544 000	43 000	834 000	1 380 000
Financial Income	1 000	1 000	2 000	5 000
Financial Costs	113 000	66 000	85 000	120 000
Financial Balance	−112 000	−65 000	−83 000	−115 000
Earnings Before Tax	432 000	−22 000	751 000	1 265 000
Tax	100 000	0	209 000	278 000
Net Income	332 000	−22 000	543 000	987 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 139 000	2 293 000	2 635 000	3 240 000
Total Current Assets	5 463 000	4 760 000	5 357 000	3 963 000
Total Assets	7 602 000	7 053 000	7 992 000	7 203 000
Total Retained Equity	3 671 000	3 338 000	3 361 000	2 818 000
Total Equity	3 771 000	3 438 000	3 461 000	2 918 000
Total Long-Term Debt	1 104 000	912 000	901 000	1 692 000
Total Current Debt	2 727 000	2 702 000	3 631 000	2 593 000
Total Equity and Debt	7 602 000	7 053 000	7 992 000	7 203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 557 000	9 301 000	10 775 000	6 195 000
Other Income	1 019 000	525 000	−6 000	2 946 000
Revenue	9 576 000	9 827 000	10 769 000	9 140 000
Cost of Goods Sold	2 535 000	2 271 000	2 811 000	1 258 000
Salary Costs	2 323 000	3 019 000	2 816 000	2 510 000
Depreciation	754 000	712 000	901 000	1 117 000
Impairment	0	0	0	0
Expenditure	9 032 000	9 784 000	9 935 000	7 760 000
Operating Profit	544 000	43 000	834 000	1 380 000
Financial Income	1 000	1 000	2 000	5 000
Financial Costs	113 000	66 000	85 000	120 000
Financial Balance	−112 000	−65 000	−83 000	−115 000
Dividends	0	0	0	0
Net Income	332 000	−22 000	543 000	987 000

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	1 639 000	1 793 000	2 135 000	2 990 000
Total Tangible Assets	1 639 000	1 793 000	2 135 000	2 990 000
Total Fiancial Fixed Assets	500 000	500 000	500 000	250 000
Total Fixed Assets	2 139 000	2 293 000	2 635 000	3 240 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	124 000	314 000	1 014 000	564 000
Total Current Assets	5 463 000	4 760 000	5 357 000	3 963 000
Total Assets	7 602 000	7 053 000	7 992 000	7 203 000
Total Equity	3 771 000	3 438 000	3 461 000	2 918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 104 000	912 000	901 000	1 692 000
Creditors	649 000	529 000	823 000	442 000
Unpaid Taxes	269 000	349 000	517 000	96 000
Dividends	0	0	0	0
Other Current Debt	1 709 000	1 824 000	1 866 000	1 767 000
Total Current Debt	2 727 000	2 702 000	3 631 000	2 593 000
Total Equity and Debt	7 602 000	7 053 000	7 992 000	7 203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,8 %	−0,64 %	15,69 %	33,82 %
Debt-to-Equity Ratio	0,29	0,27	0,26	0,58
Operating Profit Margin	5,68 %	0,44 %	7,74 %	15,1 %
Current Ratio	2	1,76	1,48	1,53
Quick Ratio	2	1,76	1,48	1,53
Equity Ratio	0,5	0,49	0,43	0,41
Gross Profit Margin	73,53 %	76,89 %	73,9 %	86,24 %