OLE A. BAKKEN AS

1593 SVINNDAL

Finances

Return on Equity

9,7 %

Current Ratio

15,08

Debt-to-Equity Ratio

−2,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 000	18 000	81 000	90 000
Net Income	−32 000	−70 000	−77 000	−223 000
Total Assets	667 000	339 000	585 000	143 000
Total Equity	−330 000	−299 000	−260 000	−183 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 000	18 000	81 000	90 000
Expenditure	129 000	80 000	135 000	312 000
Operating Profit	−22 000	−62 000	−54 000	−222 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−2 000	0	−1 000	−1 000
Earnings Before Tax	−24 000	−62 000	−55 000	−223 000
Tax	8 000	8 000	22 000	0
Net Income	−32 000	−70 000	−77 000	−223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	446 000	624 000	86 000
Total Current Assets	362 000	−107 000	−39 000	57 000
Total Assets	667 000	339 000	585 000	143 000
Total Retained Equity	−330 000	−299 000	−260 000	−183 000
Total Equity	−330 000	−299 000	−260 000	−183 000
Total Long-Term Debt	983 000	448 000	422 000	180 000
Total Current Debt	24 000	190 000	424 000	146 000
Total Equity and Debt	677 000	339 000	585 000	143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 000	18 000	81 000	90 000
Other Income	0	0	0	0
Revenue	107 000	18 000	81 000	90 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	129 000	80 000	135 000	312 000
Operating Profit	−22 000	−62 000	−54 000	−222 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−2 000	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−32 000	−70 000	−77 000	−223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 000	4 000	4 000	4 000
Total Intangible Assets	4 000	4 000	4 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	250 000	250 000	409 000	0
Total Tangible Assets	250 000	392 000	570 000	32 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	304 000	446 000	624 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	−123 000	−43 000	103 000
Total Current Assets	362 000	−107 000	−39 000	57 000
Total Assets	667 000	339 000	585 000	143 000
Total Equity	−330 000	−299 000	−260 000	−183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	983 000	448 000	422 000	180 000
Creditors	0	0	437 000	146 000
Unpaid Taxes	24 000	29 000	−13 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	24 000	190 000	424 000	146 000
Total Equity and Debt	677 000	339 000	585 000	143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,7 %	23,41 %	29,62 %	121,86 %
Debt-to-Equity Ratio	−2,98	−1,5	−1,62	−0,98
Operating Profit Margin	−20,56 %	−344,44 %	−66,67 %	−246,67 %
Current Ratio	15,08	−0,56	−0,09	0,39
Quick Ratio	15,08	−0,56	−0,09	0,39
Equity Ratio	−0,49	−0,88	−0,44	−1,28
Gross Profit Margin	100 %	100 %	100 %	100 %