JACOB OLIMSTAD AS

4903 TVEDESTRAND

Finances

Share Ownership

Return on Equity

5,88 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	372 000	432 000	353 000	680 000
Net Income	28 000	56 000	−129 000	−36 000
Total Assets	983 000	980 000	878 000	1 213 000
Total Equity	476 000	448 000	392 000	521 000

Income (NOK)	2022	2021	2020	2019
Revenue	372 000	432 000	353 000	680 000
Expenditure	333 000	365 000	490 000	727 000
Operating Profit	39 000	67 000	−137 000	−47 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	39 000	67 000	−136 000	−46 000
Tax	11 000	11 000	−7 000	−10 000
Net Income	28 000	56 000	−129 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	48 000	172 000	299 000
Total Current Assets	902 000	931 000	706 000	914 000
Total Assets	983 000	980 000	878 000	1 213 000
Total Retained Equity	446 000	418 000	362 000	491 000
Total Equity	476 000	448 000	392 000	521 000
Total Long-Term Debt	0	0	0	7 000
Total Current Debt	507 000	532 000	486 000	685 000
Total Equity and Debt	983 000	980 000	878 000	1 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	372 000	432 000	353 000	680 000
Other Income	0	0	0	0
Revenue	372 000	432 000	353 000	680 000
Cost of Goods Sold	2 000	0	0	0
Salary Costs	71 000	32 000	151 000	356 000
Depreciation	36 000	95 000	99 000	99 000
Impairment	0	0	0	0
Expenditure	333 000	365 000	490 000	727 000
Operating Profit	39 000	67 000	−137 000	−47 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	0	0	0	0
Net Income	28 000	56 000	−129 000	−36 000

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	0	0	0	0
Fixtures	3 000	39 000	134 000	233 000
Total Tangible Assets	3 000	39 000	134 000	233 000
Total Fiancial Fixed Assets	78 000	9 000	38 000	66 000
Total Fixed Assets	81 000	48 000	172 000	299 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	857 000	800 000	679 000	781 000
Total Current Assets	902 000	931 000	706 000	914 000
Total Assets	983 000	980 000	878 000	1 213 000
Total Equity	476 000	448 000	392 000	521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	7 000
Creditors	14 000	29 000	12 000	15 000
Unpaid Taxes	6 000	39 000	7 000	63 000
Dividends	0	0	0	0
Other Current Debt	476 000	452 000	468 000	607 000
Total Current Debt	507 000	532 000	486 000	685 000
Total Equity and Debt	983 000	980 000	878 000	1 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,88 %	12,5 %	−32,91 %	−6,91 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	10,48 %	15,51 %	−38,81 %	−6,91 %
Current Ratio	1,78	1,75	1,45	1,33
Quick Ratio	1,78	1,75	1,45	1,33
Equity Ratio	0,48	0,46	0,45	0,43
Gross Profit Margin	99,46 %	100 %	100 %	100 %