NORSK OLJE AS

5570 AKSDAL

Finances

Share Ownership

Return on Equity

22,46 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 033 250 000	806 038 000	736 656 000	880 877 000
Net Income	5 287 000	4 704 000	2 471 000	653 000
Total Assets	42 015 000	48 208 000	38 891 000	44 360 000
Total Equity	23 543 000	18 255 000	13 552 000	11 080 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 033 250 000	806 038 000	736 656 000	880 877 000
Expenditure	1 026 242 000	799 732 000	733 072 000	879 470 000
Operating Profit	7 009 000	6 307 000	3 584 000	1 407 000
Financial Income	0	0	1 000	3 000
Financial Costs	229 000	276 000	416 000	574 000
Financial Balance	−229 000	−276 000	−415 000	−571 000
Earnings Before Tax	6 779 000	6 030 000	3 169 000	836 000
Tax	1 492 000	1 327 000	697 000	184 000
Net Income	5 287 000	4 704 000	2 471 000	653 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 071 000	13 033 000	17 507 000	20 976 000
Total Current Assets	31 944 000	35 175 000	21 385 000	23 384 000
Total Assets	42 015 000	48 208 000	38 891 000	44 360 000
Total Retained Equity	23 143 000	17 855 000	13 152 000	10 680 000
Total Equity	23 543 000	18 255 000	13 552 000	11 080 000
Total Long-Term Debt	3 778 000	6 254 000	8 824 000	8 258 000
Total Current Debt	14 694 000	23 699 000	16 516 000	25 021 000
Total Equity and Debt	42 015 000	48 208 000	38 891 000	44 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 032 925 000	805 253 000	736 546 000	880 877 000
Other Income	325 000	785 000	110 000	0
Revenue	1 033 250 000	806 038 000	736 656 000	880 877 000
Cost of Goods Sold	985 206 000	757 254 000	689 605 000	832 340 000
Salary Costs	14 138 000	12 619 000	16 282 000	17 627 000
Depreciation	2 985 000	3 432 000	4 312 000	4 578 000
Impairment	0	0	0	0
Expenditure	1 026 242 000	799 732 000	733 072 000	879 470 000
Operating Profit	7 009 000	6 307 000	3 584 000	1 407 000
Financial Income	0	0	1 000	3 000
Financial Costs	229 000	276 000	416 000	574 000
Financial Balance	−229 000	−276 000	−415 000	−571 000
Dividends	0	0	0	0
Net Income	5 287 000	4 704 000	2 471 000	653 000

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	7 887 000	8 986 000	9 933 000	10 282 000
Fixtures	2 183 000	4 047 000	7 574 000	10 693 000
Total Tangible Assets	10 071 000	13 033 000	17 507 000	20 976 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 071 000	13 033 000	17 507 000	20 976 000
Stock	11 462 000	15 465 000	5 635 000	10 490 000
Total Investments	0	0	0	0
Cash, Bank	14 713 000	14 768 000	7 996 000	4 760 000
Total Current Assets	31 944 000	35 175 000	21 385 000	23 384 000
Total Assets	42 015 000	48 208 000	38 891 000	44 360 000
Total Equity	23 543 000	18 255 000	13 552 000	11 080 000
Short-Term Group Debt	0	0	0	7 158 000
Total Long-Term Debt	3 778 000	6 254 000	8 824 000	8 258 000
Creditors	7 738 000	17 587 000	11 530 000	14 400 000
Unpaid Taxes	1 854 000	912 000	1 775 000	1 019 000
Dividends	0	0	0	0
Other Current Debt	3 363 000	3 745 000	2 421 000	2 445 000
Total Current Debt	14 694 000	23 699 000	16 516 000	25 021 000
Total Equity and Debt	42 015 000	48 208 000	38 891 000	44 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,46 %	25,77 %	18,23 %	5,89 %
Debt-to-Equity Ratio	0,16	0,34	0,65	0,75
Operating Profit Margin	0,68 %	0,78 %	0,49 %	0,16 %
Current Ratio	2,17	1,48	1,29	0,93
Quick Ratio	9,88	4,27	1,97	1,61
Equity Ratio	0,56	0,38	0,35	0,25
Gross Profit Margin	4,65 %	6,05 %	6,39 %	5,51 %