OLABNOR AS

7040 TRONDHEIM

Finances

Return on Equity

16,06 %

Current Ratio

39,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	306 000	240 000	240 000
Net Income	584 000	231 000	22 000	10 000
Total Assets	3 731 000	4 012 000	6 153 000	6 431 000
Total Equity	3 637 000	3 288 000	3 056 000	3 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	306 000	240 000	240 000
Expenditure	66 000	68 000	82 000	141 000
Operating Profit	356 000	238 000	158 000	99 000
Financial Income	399 000	141 000	8 000	51 000
Financial Costs	93 000	98 000	130 000	119 000
Financial Balance	306 000	43 000	−122 000	−68 000
Earnings Before Tax	662 000	280 000	36 000	31 000
Tax	78 000	49 000	14 000	21 000
Net Income	584 000	231 000	22 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	2 236 000	4 736 000	5 018 000
Total Current Assets	3 681 000	1 776 000	1 418 000	1 413 000
Total Assets	3 731 000	4 012 000	6 153 000	6 431 000
Total Retained Equity	3 147 000	2 798 000	2 567 000	2 545 000
Total Equity	3 637 000	3 288 000	3 056 000	3 035 000
Total Long-Term Debt	0	683 000	3 097 000	3 397 000
Total Current Debt	94 000	41 000	0	0
Total Equity and Debt	3 731 000	4 012 000	6 153 000	6 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	422 000	306 000	240 000	240 000
Revenue	422 000	306 000	240 000	240 000
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	66 000	68 000	82 000	141 000
Operating Profit	356 000	238 000	158 000	99 000
Financial Income	399 000	141 000	8 000	51 000
Financial Costs	93 000	98 000	130 000	119 000
Financial Balance	306 000	43 000	−122 000	−68 000
Dividends	235 000	0	0	0
Net Income	584 000	231 000	22 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	23 000
Real Eastate	0	2 186 000	4 677 000	4 677 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 186 000	4 677 000	4 677 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	318 000
Total Fixed Assets	50 000	2 236 000	4 736 000	5 018 000
Stock	0	0	0	0
Total Investments	1 269 000	727 000	570 000	1 085 000
Cash, Bank	2 412 000	753 000	622 000	72 000
Total Current Assets	3 681 000	1 776 000	1 418 000	1 413 000
Total Assets	3 731 000	4 012 000	6 153 000	6 431 000
Total Equity	3 637 000	3 288 000	3 056 000	3 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	683 000	3 097 000	3 397 000
Creditors	17 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	235 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	94 000	41 000	0	0
Total Equity and Debt	3 731 000	4 012 000	6 153 000	6 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,06 %	7,03 %	0,72 %	0,33 %
Debt-to-Equity Ratio	0	0,21	1,01	1,12
Operating Profit Margin	84,36 %	77,78 %	65,83 %	41,25 %
Current Ratio	39,16	43,32	-	-
Quick Ratio	39,16	43,32	-	-
Equity Ratio	0,97	0,82	0,5	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %