HANS & GRETE ØLEN AS

5580 ØLEN

Finances

Return on Equity

3,94 %

Current Ratio

8,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 682 000	4 741 000	4 247 000	4 937 000
Net Income	294 000	764 000	515 000	374 000
Total Assets	8 226 000	8 074 000	7 001 000	6 534 000
Total Equity	7 459 000	7 165 000	6 401 000	5 886 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 682 000	4 741 000	4 247 000	4 937 000
Expenditure	4 408 000	3 791 000	3 616 000	4 503 000
Operating Profit	274 000	949 000	630 000	434 000
Financial Income	186 000	29 000	37 000	49 000
Financial Costs	66 000	1 000	5 000	3 000
Financial Balance	120 000	28 000	32 000	46 000
Earnings Before Tax	394 000	978 000	662 000	480 000
Tax	100 000	214 000	147 000	106 000
Net Income	294 000	764 000	515 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 238 000	2 167 000	206 000	335 000
Total Current Assets	5 988 000	5 907 000	6 795 000	6 199 000
Total Assets	8 226 000	8 074 000	7 001 000	6 534 000
Total Retained Equity	4 935 000	4 641 000	3 877 000	3 362 000
Total Equity	7 459 000	7 165 000	6 401 000	5 886 000
Total Long-Term Debt	23 000	28 000	34 000	22 000
Total Current Debt	744 000	881 000	565 000	626 000
Total Equity and Debt	8 226 000	8 074 000	7 001 000	6 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 682 000	4 703 000	4 157 000	4 937 000
Other Income	0	38 000	90 000	0
Revenue	4 682 000	4 741 000	4 247 000	4 937 000
Cost of Goods Sold	2 663 000	2 228 000	2 194 000	2 761 000
Salary Costs	1 206 000	1 072 000	968 000	1 243 000
Depreciation	29 000	40 000	41 000	55 000
Impairment	0	0	0	0
Expenditure	4 408 000	3 791 000	3 616 000	4 503 000
Operating Profit	274 000	949 000	630 000	434 000
Financial Income	186 000	29 000	37 000	49 000
Financial Costs	66 000	1 000	5 000	3 000
Financial Balance	120 000	28 000	32 000	46 000
Dividends	0	0	0	0
Net Income	294 000	764 000	515 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 000	4 000	7 000	10 000
Machinery and Plant Facilities	121 000	145 000	180 000	303 000
Fixtures	14 000	16 000	19 000	21 000
Total Tangible Assets	136 000	166 000	206 000	334 000
Total Fiancial Fixed Assets	2 101 000	2 001 000	0	0
Total Fixed Assets	2 238 000	2 167 000	206 000	335 000
Stock	969 000	789 000	776 000	827 000
Total Investments	0	0	0	0
Cash, Bank	4 977 000	5 098 000	6 003 000	5 356 000
Total Current Assets	5 988 000	5 907 000	6 795 000	6 199 000
Total Assets	8 226 000	8 074 000	7 001 000	6 534 000
Total Equity	7 459 000	7 165 000	6 401 000	5 886 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 000	28 000	34 000	22 000
Creditors	110 000	125 000	15 000	−35 000
Unpaid Taxes	255 000	267 000	176 000	250 000
Dividends	0	0	0	0
Other Current Debt	274 000	269 000	239 000	306 000
Total Current Debt	744 000	881 000	565 000	626 000
Total Equity and Debt	8 226 000	8 074 000	7 001 000	6 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,94 %	10,66 %	8,05 %	6,35 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	5,85 %	20,02 %	14,83 %	8,79 %
Current Ratio	8,05	6,7	12,03	9,9
Quick Ratio	−26,61	64,21	−32,2	−30,84
Equity Ratio	0,91	0,89	0,91	0,9
Gross Profit Margin	43,12 %	53,01 %	48,34 %	44,08 %