OLAV ELGSAAS FISKFORRETNING AS

6516 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

10,98 %

Current Ratio

4,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 144 000	4 954 000	5 122 000	4 888 000
Net Income	218 000	163 000	201 000	171 000
Total Assets	2 597 000	2 483 000	2 500 000	2 267 000
Total Equity	1 985 000	1 917 000	1 903 000	1 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 144 000	4 954 000	5 122 000	4 888 000
Expenditure	4 867 000	4 731 000	4 866 000	4 675 000
Operating Profit	277 000	223 000	256 000	212 000
Financial Income	9 000	1 000	8 000	11 000
Financial Costs	8 000	9 000	5 000	3 000
Financial Balance	1 000	−8 000	3 000	8 000
Earnings Before Tax	278 000	216 000	259 000	220 000
Tax	60 000	52 000	58 000	49 000
Net Income	218 000	163 000	201 000	171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	64 000	60 000	137 000
Total Current Assets	2 529 000	2 419 000	2 440 000	2 130 000
Total Assets	2 597 000	2 483 000	2 500 000	2 267 000
Total Retained Equity	1 885 000	1 817 000	1 803 000	1 603 000
Total Equity	1 985 000	1 917 000	1 903 000	1 703 000
Total Long-Term Debt	0	0	0	12 000
Total Current Debt	612 000	567 000	597 000	553 000
Total Equity and Debt	2 597 000	2 483 000	2 500 000	2 267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 144 000	4 954 000	5 122 000	4 888 000
Other Income	0	0	0	0
Revenue	5 144 000	4 954 000	5 122 000	4 888 000
Cost of Goods Sold	2 463 000	2 366 000	2 453 000	2 370 000
Salary Costs	1 883 000	1 806 000	1 781 000	1 739 000
Depreciation	18 000	60 000	77 000	77 000
Impairment	0	0	0	0
Expenditure	4 867 000	4 731 000	4 866 000	4 675 000
Operating Profit	277 000	223 000	256 000	212 000
Financial Income	9 000	1 000	8 000	11 000
Financial Costs	8 000	9 000	5 000	3 000
Financial Balance	1 000	−8 000	3 000	8 000
Dividends	50 000	0	0	0
Net Income	218 000	163 000	201 000	171 000

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	68 000	64 000	60 000	137 000
Total Tangible Assets	68 000	64 000	60 000	137 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	64 000	60 000	137 000
Stock	96 000	70 000	53 000	47 000
Total Investments	0	0	0	0
Cash, Bank	2 353 000	2 224 000	2 311 000	2 019 000
Total Current Assets	2 529 000	2 419 000	2 440 000	2 130 000
Total Assets	2 597 000	2 483 000	2 500 000	2 267 000
Total Equity	1 985 000	1 917 000	1 903 000	1 703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	12 000
Creditors	130 000	141 000	170 000	161 000
Unpaid Taxes	149 000	175 000	162 000	176 000
Dividends	50 000	0	0	0
Other Current Debt	222 000	198 000	195 000	156 000
Total Current Debt	612 000	567 000	597 000	553 000
Total Equity and Debt	2 597 000	2 483 000	2 500 000	2 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,98 %	8,5 %	10,56 %	10,04 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	5,38 %	4,5 %	5 %	4,34 %
Current Ratio	4,13	4,27	4,09	3,85
Quick Ratio	4,9	4,87	4,49	4,21
Equity Ratio	0,76	0,77	0,76	0,75
Gross Profit Margin	52,12 %	52,24 %	52,11 %	51,51 %