OLSET EIGEDOM AS

6980 ASKVOLL

Finances

Return on Equity

20,75 %

Current Ratio

1,7

Debt-to-Equity Ratio

2,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	451 000	391 000	407 000	391 000
Net Income	155 000	133 000	87 000	721 000
Total Assets	2 960 000	2 691 000	2 643 000	2 677 000
Total Equity	747 000	592 000	459 000	372 000

Income (NOK)	2022	2021	2020	2019
Revenue	451 000	391 000	407 000	391 000
Expenditure	184 000	275 000	252 000	255 000
Operating Profit	267 000	115 000	155 000	136 000
Financial Income	0	100 000	0	0
Financial Costs	74 000	55 000	63 000	−585 000
Financial Balance	−74 000	45 000	−63 000	585 000
Earnings Before Tax	192 000	160 000	92 000	721 000
Tax	38 000	27 000	5 000	0
Net Income	155 000	133 000	87 000	721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 293 000	2 216 000	2 362 000	2 526 000
Total Current Assets	667 000	475 000	281 000	150 000
Total Assets	2 960 000	2 691 000	2 643 000	2 677 000
Total Retained Equity	47 000	−108 000	−241 000	−328 000
Total Equity	747 000	592 000	459 000	372 000
Total Long-Term Debt	1 820 000	1 919 000	2 024 000	2 127 000
Total Current Debt	393 000	180 000	160 000	177 000
Total Equity and Debt	2 960 000	2 691 000	2 643 000	2 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	451 000	391 000	407 000	391 000
Revenue	451 000	391 000	407 000	391 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	57 000	146 000	164 000	164 000
Impairment	0	0	0	0
Expenditure	184 000	275 000	252 000	255 000
Operating Profit	267 000	115 000	155 000	136 000
Financial Income	0	100 000	0	0
Financial Costs	74 000	55 000	63 000	−585 000
Financial Balance	−74 000	45 000	−63 000	585 000
Dividends	0	0	0	0
Net Income	155 000	133 000	87 000	721 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 474 000	1 531 000	1 677 000	1 841 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 474 000	1 531 000	1 677 000	1 841 000
Total Fiancial Fixed Assets	819 000	685 000	685 000	685 000
Total Fixed Assets	2 293 000	2 216 000	2 362 000	2 526 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	354 000	359 000	264 000	137 000
Total Current Assets	667 000	475 000	281 000	150 000
Total Assets	2 960 000	2 691 000	2 643 000	2 677 000
Total Equity	747 000	592 000	459 000	372 000
Short-Term Group Debt	172 000	0	0	0
Total Long-Term Debt	1 820 000	1 919 000	2 024 000	2 127 000
Creditors	103 000	76 000	72 000	91 000
Unpaid Taxes	97 000	73 000	82 000	82 000
Dividends	0	0	0	0
Other Current Debt	21 000	4 000	2 000	4 000
Total Current Debt	393 000	180 000	160 000	177 000
Total Equity and Debt	2 960 000	2 691 000	2 643 000	2 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,75 %	22,47 %	18,95 %	193,82 %
Debt-to-Equity Ratio	2,44	3,24	4,41	5,72
Operating Profit Margin	59,2 %	29,41 %	38,08 %	34,78 %
Current Ratio	1,7	2,64	1,76	0,85
Quick Ratio	1,7	2,64	1,76	0,85
Equity Ratio	0,25	0,22	0,17	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %