OLAV BREKKE AS

3919 PORSGRUNN

Finances

Return on Equity

19,75 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 172 000	4 148 000	3 817 000	4 246 000
Net Income	177 000	306 000	255 000	396 000
Total Assets	1 900 000	1 887 000	1 844 000	1 745 000
Total Equity	896 000	919 000	912 000	858 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 172 000	4 148 000	3 817 000	4 246 000
Expenditure	3 934 000	3 766 000	3 489 000	3 741 000
Operating Profit	237 000	383 000	327 000	506 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	237 000	383 000	328 000	507 000
Tax	60 000	76 000	73 000	112 000
Net Income	177 000	306 000	255 000	396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	384 000	0	0
Total Current Assets	1 531 000	1 504 000	1 844 000	1 745 000
Total Assets	1 900 000	1 887 000	1 844 000	1 745 000
Total Retained Equity	796 000	819 000	812 000	758 000
Total Equity	896 000	919 000	912 000	858 000
Total Long-Term Debt	11 000	0	0	0
Total Current Debt	994 000	968 000	931 000	888 000
Total Equity and Debt	1 900 000	1 887 000	1 844 000	1 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 172 000	4 148 000	3 817 000	4 246 000
Other Income	0	0	0	0
Revenue	4 172 000	4 148 000	3 817 000	4 246 000
Cost of Goods Sold	2 008 000	1 865 000	1 655 000	1 950 000
Salary Costs	1 589 000	1 579 000	1 582 000	1 583 000
Depreciation	64 000	64 000	0	0
Impairment	0	0	0	0
Expenditure	3 934 000	3 766 000	3 489 000	3 741 000
Operating Profit	237 000	383 000	327 000	506 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	200 000	300 000	200 000	250 000
Net Income	177 000	306 000	255 000	396 000

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	173 000	208 000	0	0
Fixtures	147 000	176 000	0	0
Total Tangible Assets	320 000	384 000	0	0
Total Fiancial Fixed Assets	50 000	0	0	0
Total Fixed Assets	370 000	384 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 059 000	990 000	1 393 000	1 224 000
Total Current Assets	1 531 000	1 504 000	1 844 000	1 745 000
Total Assets	1 900 000	1 887 000	1 844 000	1 745 000
Total Equity	896 000	919 000	912 000	858 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	0	0	0
Creditors	346 000	304 000	263 000	130 000
Unpaid Taxes	208 000	191 000	199 000	204 000
Dividends	200 000	300 000	200 000	250 000
Other Current Debt	191 000	147 000	197 000	192 000
Total Current Debt	994 000	968 000	931 000	888 000
Total Equity and Debt	1 900 000	1 887 000	1 844 000	1 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,75 %	33,3 %	27,96 %	46,15 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	5,68 %	9,23 %	8,57 %	11,92 %
Current Ratio	1,54	1,55	1,98	1,97
Quick Ratio	1,54	1,55	1,98	1,97
Equity Ratio	0,47	0,49	0,49	0,49
Gross Profit Margin	51,87 %	55,04 %	56,64 %	54,07 %