OLA M RAAVAND AS

7048 TRONDHEIM

Finances

Return on Equity

−24,27 %

Current Ratio

64,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	662 000	2 234 000
Net Income	−545 000	−38 000	224 000	840 000
Total Assets	2 275 000	2 825 000	2 943 000	3 235 000
Total Equity	2 246 000	2 792 000	2 830 000	2 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	662 000	2 234 000
Expenditure	257 000	47 000	508 000	1 281 000
Operating Profit	−257 000	−47 000	153 000	954 000
Financial Income	180 000	123 000	162 000	98 000
Financial Costs	458 000	123 000	56 000	1 000
Financial Balance	−278 000	0	106 000	97 000
Earnings Before Tax	−535 000	−48 000	259 000	1 051 000
Tax	10 000	−9 000	35 000	211 000
Net Income	−545 000	−38 000	224 000	840 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	472 000	1 344 000	1 249 000	1 211 000
Total Current Assets	1 802 000	1 481 000	1 694 000	2 023 000
Total Assets	2 275 000	2 825 000	2 943 000	3 235 000
Total Retained Equity	2 146 000	2 692 000	2 730 000	2 506 000
Total Equity	2 246 000	2 792 000	2 830 000	2 606 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 000	33 000	113 000	629 000
Total Equity and Debt	2 275 000	2 825 000	2 943 000	3 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	662 000	2 234 000
Other Income	0	0	0	0
Revenue	0	0	662 000	2 234 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	390 000	1 083 000
Depreciation	3 000	4 000	8 000	12 000
Impairment	0	0	0	0
Expenditure	257 000	47 000	508 000	1 281 000
Operating Profit	−257 000	−47 000	153 000	954 000
Financial Income	180 000	123 000	162 000	98 000
Financial Costs	458 000	123 000	56 000	1 000
Financial Balance	−278 000	0	106 000	97 000
Dividends	0	0	0	0
Net Income	−545 000	−38 000	224 000	840 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 000	1 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 000	28 000	32 000	8 000
Total Tangible Assets	25 000	28 000	32 000	8 000
Total Fiancial Fixed Assets	447 000	1 306 000	1 216 000	1 202 000
Total Fixed Assets	472 000	1 344 000	1 249 000	1 211 000
Stock	0	0	0	0
Total Investments	147 000	391 000	480 000	0
Cash, Bank	1 653 000	1 079 000	1 210 000	1 793 000
Total Current Assets	1 802 000	1 481 000	1 694 000	2 023 000
Total Assets	2 275 000	2 825 000	2 943 000	3 235 000
Total Equity	2 246 000	2 792 000	2 830 000	2 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−7 000	−5 000	0	5 000
Unpaid Taxes	0	0	−3 000	245 000
Dividends	0	0	0	0
Other Current Debt	35 000	39 000	81 000	166 000
Total Current Debt	28 000	33 000	113 000	629 000
Total Equity and Debt	2 275 000	2 825 000	2 943 000	3 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,27 %	−1,36 %	7,92 %	32,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	23,11 %	42,7 %
Current Ratio	64,36	44,88	14,99	3,22
Quick Ratio	64,36	44,88	14,99	3,22
Equity Ratio	0,99	0,99	0,96	0,81
Gross Profit Margin	-	-	100 %	100 %