OLAND AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

9,48 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 501 000	1 446 000	1 424 000	1 817 000
Net Income	22 000	131 000	95 000	160 000
Total Assets	634 000	597 000	517 000	590 000
Total Equity	232 000	210 000	209 000	195 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 501 000	1 446 000	1 424 000	1 817 000
Expenditure	1 469 000	1 277 000	1 303 000	1 612 000
Operating Profit	31 000	168 000	122 000	205 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	1 000	0
Earnings Before Tax	29 000	169 000	122 000	205 000
Tax	7 000	38 000	27 000	46 000
Net Income	22 000	131 000	95 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	13 000
Total Current Assets	634 000	597 000	517 000	577 000
Total Assets	634 000	597 000	517 000	590 000
Total Retained Equity	202 000	180 000	179 000	165 000
Total Equity	232 000	210 000	209 000	195 000
Total Long-Term Debt	5 000	0	0	0
Total Current Debt	397 000	387 000	308 000	395 000
Total Equity and Debt	634 000	597 000	517 000	590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 501 000	1 446 000	1 424 000	1 817 000
Other Income	0	0	0	0
Revenue	1 501 000	1 446 000	1 424 000	1 817 000
Cost of Goods Sold	0	2 000	51 000	63 000
Salary Costs	1 061 000	971 000	915 000	1 110 000
Depreciation	0	0	13 000	4 000
Impairment	0	0	0	0
Expenditure	1 469 000	1 277 000	1 303 000	1 612 000
Operating Profit	31 000	168 000	122 000	205 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	1 000	0
Dividends	0	130 000	81 000	50 000
Net Income	22 000	131 000	95 000	160 000

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	13 000
Total Tangible Assets	0	0	0	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	13 000
Stock	0	0	0	0
Total Investments	308 000	0	0	0
Cash, Bank	125 000	448 000	260 000	475 000
Total Current Assets	634 000	597 000	517 000	577 000
Total Assets	634 000	597 000	517 000	590 000
Total Equity	232 000	210 000	209 000	195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	0	0	0
Creditors	26 000	31 000	34 000	49 000
Unpaid Taxes	305 000	238 000	85 000	186 000
Dividends	0	130 000	81 000	50 000
Other Current Debt	59 000	50 000	81 000	115 000
Total Current Debt	397 000	387 000	308 000	395 000
Total Equity and Debt	634 000	597 000	517 000	590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,48 %	62,38 %	45,45 %	82,05 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	2,07 %	11,62 %	8,57 %	11,28 %
Current Ratio	1,6	1,54	1,68	1,46
Quick Ratio	1,6	1,54	1,68	1,46
Equity Ratio	0,37	0,35	0,4	0,33
Gross Profit Margin	100 %	99,86 %	96,42 %	96,53 %