KÅRE OLSEN AS

9161 BURFJORD

Finances

Share Ownership

Return on Equity

4,69 %

Current Ratio

1,07

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	368 000	213 000	615 000	310 000
Net Income	22 000	−49 000	353 000	25 000
Total Assets	1 470 000	1 448 000	2 126 000	249 000
Total Equity	469 000	447 000	497 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	368 000	213 000	615 000	310 000
Expenditure	295 000	237 000	162 000	277 000
Operating Profit	73 000	−24 000	453 000	33 000
Financial Income	0	0	0	0
Financial Costs	48 000	39 000	0	0
Financial Balance	−48 000	−39 000	0	0
Earnings Before Tax	25 000	−63 000	453 000	33 000
Tax	3 000	−14 000	100 000	7 000
Net Income	22 000	−49 000	353 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 360 000	1 435 000	1 495 000	198 000
Total Current Assets	110 000	13 000	631 000	51 000
Total Assets	1 470 000	1 448 000	2 126 000	249 000
Total Retained Equity	439 000	417 000	467 000	114 000
Total Equity	469 000	447 000	497 000	144 000
Total Long-Term Debt	898 000	955 000	124 000	97 000
Total Current Debt	103 000	46 000	1 506 000	8 000
Total Equity and Debt	1 470 000	1 448 000	2 126 000	249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	368 000	213 000	256 000	310 000
Other Income	0	0	359 000	0
Revenue	368 000	213 000	615 000	310 000
Cost of Goods Sold	5 000	0	0	0
Salary Costs	2 000	0	0	0
Depreciation	75 000	60 000	17 000	15 000
Impairment	0	0	0	0
Expenditure	295 000	237 000	162 000	277 000
Operating Profit	73 000	−24 000	453 000	33 000
Financial Income	0	0	0	0
Financial Costs	48 000	39 000	0	0
Financial Balance	−48 000	−39 000	0	0
Dividends	0	0	0	0
Net Income	22 000	−49 000	353 000	25 000

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	0	0	0	0
Total Tangible Assets	1 360 000	1 435 000	1 495 000	198 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 360 000	1 435 000	1 495 000	198 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	13 000	578 000	29 000
Total Current Assets	110 000	13 000	631 000	51 000
Total Assets	1 470 000	1 448 000	2 126 000	249 000
Total Equity	469 000	447 000	497 000	144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	898 000	955 000	124 000	97 000
Creditors	−7 000	0	1 504 000	0
Unpaid Taxes	0	−10 000	0	0
Dividends	0	0	0	0
Other Current Debt	110 000	56 000	2 000	0
Total Current Debt	103 000	46 000	1 506 000	8 000
Total Equity and Debt	1 470 000	1 448 000	2 126 000	249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,69 %	−10,96 %	71,03 %	17,36 %
Debt-to-Equity Ratio	1,91	2,14	0,25	0,67
Operating Profit Margin	19,84 %	−11,27 %	73,66 %	10,65 %
Current Ratio	1,07	0,28	0,42	6,38
Quick Ratio	1,07	0,28	0,42	6,38
Equity Ratio	0,32	0,31	0,23	0,58
Gross Profit Margin	98,64 %	100 %	100 %	100 %