OLIMB RØRFORNYING AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

83,85 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	374 923 000	336 035 000	286 756 000	279 392 000
Net Income	57 111 000	43 221 000	35 731 000	28 648 000
Total Assets	222 997 000	266 273 000	220 965 000	188 597 000
Total Equity	68 111 000	148 000 000	119 779 000	96 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	374 923 000	336 035 000	286 756 000	279 392 000
Expenditure	301 044 000	280 056 000	240 481 000	243 137 000
Operating Profit	73 879 000	55 979 000	46 274 000	36 255 000
Financial Income	190 000	103 000	308 000	453 000
Financial Costs	213 000	81 000	181 000	191 000
Financial Balance	−23 000	22 000	127 000	262 000
Earnings Before Tax	73 856 000	56 001 000	46 401 000	36 517 000
Tax	16 745 000	12 780 000	10 670 000	7 869 000
Net Income	57 111 000	43 221 000	35 731 000	28 648 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 133 000	39 717 000	42 654 000	45 217 000
Total Current Assets	188 865 000	226 556 000	178 311 000	143 380 000
Total Assets	222 997 000	266 273 000	220 965 000	188 597 000
Total Retained Equity	41 683 000	121 571 000	93 350 000	70 078 000
Total Equity	68 111 000	148 000 000	119 779 000	96 506 000
Total Long-Term Debt	13 077 000	12 187 000	14 306 000	10 744 000
Total Current Debt	141 809 000	106 086 000	86 881 000	81 347 000
Total Equity and Debt	222 997 000	266 273 000	220 965 000	188 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	374 716 000	335 580 000	286 595 000	279 307 000
Other Income	207 000	455 000	161 000	85 000
Revenue	374 923 000	336 035 000	286 756 000	279 392 000
Cost of Goods Sold	122 952 000	110 967 000	91 671 000	94 292 000
Salary Costs	108 553 000	101 845 000	91 184 000	94 208 000
Depreciation	14 347 000	14 291 000	12 887 000	9 238 000
Impairment	0	0	0	0
Expenditure	301 044 000	280 056 000	240 481 000	243 137 000
Operating Profit	73 879 000	55 979 000	46 274 000	36 255 000
Financial Income	190 000	103 000	308 000	453 000
Financial Costs	213 000	81 000	181 000	191 000
Financial Balance	−23 000	22 000	127 000	262 000
Dividends	137 000 000	15 000 000	12 000 000	8 500 000
Net Income	57 111 000	43 221 000	35 731 000	28 648 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	2 086 000	4 169 000	6 252 000
Total Intangible Assets	0	2 086 000	4 169 000	6 252 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 549 000	20 895 000	27 779 000	28 050 000
Fixtures	13 233 000	15 873 000	10 328 000	10 667 000
Total Tangible Assets	33 070 000	36 904 000	38 224 000	38 717 000
Total Fiancial Fixed Assets	1 063 000	727 000	262 000	248 000
Total Fixed Assets	34 133 000	39 717 000	42 654 000	45 217 000
Stock	15 564 000	15 158 000	11 733 000	10 003 000
Total Investments	0	0	0	0
Cash, Bank	6 846 000	137 808 000	87 011 000	70 114 000
Total Current Assets	188 865 000	226 556 000	178 311 000	143 380 000
Total Assets	222 997 000	266 273 000	220 965 000	188 597 000
Total Equity	68 111 000	148 000 000	119 779 000	96 506 000
Short-Term Group Debt	5 006 000	3 557 000	3 512 000	3 267 000
Total Long-Term Debt	13 077 000	12 187 000	14 306 000	10 744 000
Creditors	28 107 000	30 250 000	26 101 000	27 340 000
Unpaid Taxes	18 431 000	13 440 000	15 263 000	11 945 000
Dividends	137 000 000	15 000 000	12 000 000	8 500 000
Other Current Debt	29 264 000	28 079 000	22 720 000	22 322 000
Total Current Debt	141 809 000	106 086 000	86 881 000	81 347 000
Total Equity and Debt	222 997 000	266 273 000	220 965 000	188 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,85 %	29,2 %	29,83 %	29,69 %
Debt-to-Equity Ratio	0,19	0,08	0,12	0,11
Operating Profit Margin	19,71 %	16,66 %	16,14 %	12,98 %
Current Ratio	1,33	2,14	2,05	1,76
Quick Ratio	1,5	2,49	2,37	2,01
Equity Ratio	0,31	0,56	0,54	0,51
Gross Profit Margin	67,21 %	66,98 %	68,03 %	66,25 %