OLYMPIASYKLER NORGE AS

0586 OSLO

Finances

Share Ownership

Return on Equity

−127,85 %

Current Ratio

1,64

Debt-to-Equity Ratio

−2,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	977 000	473 000	387 000	140 000
Net Income	202 000	−130 000	−21 000	−39 000
Total Assets	430 000	280 000	266 000	192 000
Total Equity	−158 000	−320 000	−143 000	−122 000

Income (NOK)	2022	2021	2020	2019
Revenue	977 000	473 000	387 000	140 000
Expenditure	769 000	698 000	413 000	190 000
Operating Profit	208 000	−225 000	−26 000	−50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	208 000	−225 000	−26 000	−50 000
Tax	0	0	−6 000	0
Net Income	202 000	−130 000	−21 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	101 000	53 000	59 000
Total Current Assets	374 000	179 000	213 000	132 000
Total Assets	430 000	280 000	266 000	192 000
Total Retained Equity	−200 000	−362 000	−51 000	−51 000
Total Equity	−158 000	−320 000	−143 000	−122 000
Total Long-Term Debt	360 000	360 000	300 000	273 000
Total Current Debt	228 000	239 000	109 000	40 000
Total Equity and Debt	430 000	280 000	266 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	977 000	472 000	387 000	139 000
Other Income	0	0	0	0
Revenue	977 000	473 000	387 000	140 000
Cost of Goods Sold	706 000	663 000	379 000	130 000
Salary Costs	0	0	0	0
Depreciation	0	0	12 000	0
Impairment	0	0	0	0
Expenditure	769 000	698 000	413 000	190 000
Operating Profit	208 000	−225 000	−26 000	−50 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	202 000	−130 000	−21 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	55 000	101 000	53 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	12 000
Total Tangible Assets	0	0	0	12 000
Total Fiancial Fixed Assets	0	0	0	48 000
Total Fixed Assets	55 000	101 000	53 000	59 000
Stock	237 000	132 000	132 000	132 000
Total Investments	0	0	0	0
Cash, Bank	136 000	47 000	81 000	0
Total Current Assets	374 000	179 000	213 000	132 000
Total Assets	430 000	280 000	266 000	192 000
Total Equity	−158 000	−320 000	−143 000	−122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	360 000	360 000	300 000	273 000
Creditors	0	6 000	0	0
Unpaid Taxes	210 000	107 000	84 000	21 000
Dividends	0	0	0	0
Other Current Debt	18 000	127 000	25 000	19 000
Total Current Debt	228 000	239 000	109 000	40 000
Total Equity and Debt	430 000	280 000	266 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−127,85 %	40,63 %	14,69 %	31,97 %
Debt-to-Equity Ratio	−2,28	−1,13	−2,1	−2,24
Operating Profit Margin	21,29 %	−47,57 %	−6,72 %	−35,71 %
Current Ratio	1,64	0,75	1,95	3,3
Quick Ratio	−41,56	1,67	−9,26	−1,43
Equity Ratio	−0,37	−1,14	−0,54	−0,64
Gross Profit Margin	27,74 %	−40,17 %	2,07 %	7,14 %