ØLEN REGNSKAP AS

5580 ØLEN

Finances

Return on Equity

12,84 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 805 000	7 587 000	5 474 000	5 004 000
Net Income	171 000	278 000	258 000	385 000
Total Assets	2 706 000	3 115 000	2 780 000	2 073 000
Total Equity	1 332 000	1 591 000	1 560 000	1 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 805 000	7 587 000	5 474 000	5 004 000
Expenditure	7 580 000	7 226 000	5 183 000	4 540 000
Operating Profit	224 000	361 000	291 000	464 000
Financial Income	10 000	8 000	12 000	28 000
Financial Costs	12 000	14 000	4 000	1 000
Financial Balance	−2 000	−6 000	8 000	27 000
Earnings Before Tax	222 000	356 000	299 000	492 000
Tax	51 000	78 000	41 000	107 000
Net Income	171 000	278 000	258 000	385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	997 000	1 367 000	1 713 000	11 000
Total Current Assets	1 710 000	1 748 000	1 067 000	2 062 000
Total Assets	2 706 000	3 115 000	2 780 000	2 073 000
Total Retained Equity	620 000	790 000	759 000	501 000
Total Equity	1 332 000	1 591 000	1 560 000	1 120 000
Total Long-Term Debt	0	26 000	41 000	0
Total Current Debt	1 374 000	1 498 000	1 180 000	954 000
Total Equity and Debt	2 706 000	3 115 000	2 780 000	2 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 805 000	7 587 000	5 474 000	5 004 000
Other Income	0	0	0	0
Revenue	7 805 000	7 587 000	5 474 000	5 004 000
Cost of Goods Sold	267 000	190 000	226 000	249 000
Salary Costs	5 638 000	5 371 000	3 923 000	3 407 000
Depreciation	370 000	371 000	75 000	13 000
Impairment	0	0	0	0
Expenditure	7 580 000	7 226 000	5 183 000	4 540 000
Operating Profit	224 000	361 000	291 000	464 000
Financial Income	10 000	8 000	12 000	28 000
Financial Costs	12 000	14 000	4 000	1 000
Financial Balance	−2 000	−6 000	8 000	27 000
Dividends	231 000	246 000	0	208 000
Net Income	171 000	278 000	258 000	385 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	963 000	1 303 000	1 643 000	0
Total Intangible Assets	963 000	1 303 000	1 643 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	64 000	70 000	11 000
Total Tangible Assets	33 000	64 000	70 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	997 000	1 367 000	1 713 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	510 000	587 000	183 000	1 244 000
Total Current Assets	1 710 000	1 748 000	1 067 000	2 062 000
Total Assets	2 706 000	3 115 000	2 780 000	2 073 000
Total Equity	1 332 000	1 591 000	1 560 000	1 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	26 000	41 000	0
Creditors	43 000	124 000	46 000	120 000
Unpaid Taxes	672 000	741 000	532 000	395 000
Dividends	231 000	246 000	0	208 000
Other Current Debt	582 000	540 000	397 000	332 000
Total Current Debt	1 374 000	1 498 000	1 180 000	954 000
Total Equity and Debt	2 706 000	3 115 000	2 780 000	2 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,84 %	17,47 %	16,54 %	34,38 %
Debt-to-Equity Ratio	0	0,02	0,03	0
Operating Profit Margin	2,87 %	4,76 %	5,32 %	9,27 %
Current Ratio	1,24	1,17	0,9	2,16
Quick Ratio	1,24	1,17	0,9	2,16
Equity Ratio	0,49	0,51	0,56	0,54
Gross Profit Margin	96,58 %	97,5 %	95,87 %	95,02 %