OLSEN INNSTALLASJON AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−48,42 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	620 000	1 680 000	−83 000	−70 000
Net Income	199 000	981 000	−774 000	−883 000
Total Assets	180 000	2 009 000	5 521 000	2 802 000
Total Equity	−411 000	−610 000	−1 591 000	−817 000

Income (NOK)	2022	2021	2020	2019
Revenue	620 000	1 680 000	−83 000	−70 000
Expenditure	404 000	689 000	569 000	766 000
Operating Profit	217 000	991 000	−652 000	−837 000
Financial Income	0	0	0	1 000
Financial Costs	19 000	9 000	132 000	48 000
Financial Balance	−19 000	−9 000	−132 000	−47 000
Earnings Before Tax	199 000	981 000	−784 000	−883 000
Tax	0	0	−10 000	0
Net Income	199 000	981 000	−774 000	−883 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	16 000	0	0
Total Current Assets	171 000	1 993 000	5 521 000	2 802 000
Total Assets	180 000	2 009 000	5 521 000	2 802 000
Total Retained Equity	−441 000	−640 000	−1 621 000	−847 000
Total Equity	−411 000	−610 000	−1 591 000	−817 000
Total Long-Term Debt	0	0	3 397 000	600 000
Total Current Debt	591 000	2 619 000	3 715 000	3 019 000
Total Equity and Debt	180 000	2 009 000	5 521 000	2 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	620 000	1 680 000	−83 000	−70 000
Other Income	0	0	0	0
Revenue	620 000	1 680 000	−83 000	−70 000
Cost of Goods Sold	0	41 000	0	0
Salary Costs	217 000	474 000	343 000	638 000
Depreciation	7 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	404 000	689 000	569 000	766 000
Operating Profit	217 000	991 000	−652 000	−837 000
Financial Income	0	0	0	1 000
Financial Costs	19 000	9 000	132 000	48 000
Financial Balance	−19 000	−9 000	−132 000	−47 000
Dividends	0	0	0	0
Net Income	199 000	981 000	−774 000	−883 000

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	9 000	16 000	0	0
Total Tangible Assets	9 000	16 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	16 000	0	0
Stock	150 000	1 987 000	4 281 000	2 625 000
Total Investments	0	0	0	0
Cash, Bank	17 000	1 000	1 170 000	107 000
Total Current Assets	171 000	1 993 000	5 521 000	2 802 000
Total Assets	180 000	2 009 000	5 521 000	2 802 000
Total Equity	−411 000	−610 000	−1 591 000	−817 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 397 000	600 000
Creditors	49 000	0	50 000	8 000
Unpaid Taxes	12 000	48 000	22 000	96 000
Dividends	0	0	0	0
Other Current Debt	529 000	2 571 000	3 643 000	2 915 000
Total Current Debt	591 000	2 619 000	3 715 000	3 019 000
Total Equity and Debt	180 000	2 009 000	5 521 000	2 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,42 %	−160,82 %	48,65 %	108,08 %
Debt-to-Equity Ratio	−0	−0	−2,14	−0,73
Operating Profit Margin	35 %	58,99 %	785,54 %	1 195,71 %
Current Ratio	0,29	0,76	1,49	0,93
Quick Ratio	0,39	3,15	−9,75	7,11
Equity Ratio	−2,28	−0,3	−0,29	−0,29
Gross Profit Margin	100 %	97,56 %	100 %	100 %