ØSTERVÅG 17 AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

33,64 %

Current Ratio

2,67

Debt-to-Equity Ratio

5,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	414 000	286 000	342 000	431 000
Net Income	255 000	119 000	105 000	150 000
Total Assets	5 186 000	5 053 000	4 820 000	5 105 000
Total Equity	758 000	684 000	601 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	414 000	286 000	342 000	431 000
Expenditure	91 000	53 000	128 000	118 000
Operating Profit	323 000	233 000	214 000	313 000
Financial Income	4 000	1 000	2 000	9 000
Financial Costs	0	81 000	82 000	130 000
Financial Balance	4 000	−80 000	−80 000	−121 000
Earnings Before Tax	326 000	152 000	134 000	193 000
Tax	72 000	34 000	30 000	42 000
Net Income	255 000	119 000	105 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 551 000	4 597 000	4 643 000	4 990 000
Total Current Assets	635 000	456 000	176 000	116 000
Total Assets	5 186 000	5 053 000	4 820 000	5 105 000
Total Retained Equity	246 000	172 000	89 000	0
Total Equity	758 000	684 000	601 000	512 000
Total Long-Term Debt	4 190 000	4 323 000	4 199 000	4 403 000
Total Current Debt	238 000	46 000	20 000	191 000
Total Equity and Debt	5 186 000	5 053 000	4 820 000	5 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	414 000	286 000	333 000	421 000
Other Income	0	0	9 000	9 000
Revenue	414 000	286 000	342 000	431 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	46 000	46 000	51 000	103 000
Impairment	0	0	0	0
Expenditure	91 000	53 000	128 000	118 000
Operating Profit	323 000	233 000	214 000	313 000
Financial Income	4 000	1 000	2 000	9 000
Financial Costs	0	81 000	82 000	130 000
Financial Balance	4 000	−80 000	−80 000	−121 000
Dividends	0	0	0	0
Net Income	255 000	119 000	105 000	150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 551 000	4 597 000	4 643 000	4 695 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 551 000	4 597 000	4 643 000	4 695 000
Total Fiancial Fixed Assets	0	0	0	295 000
Total Fixed Assets	4 551 000	4 597 000	4 643 000	4 990 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	451 000	167 000	112 000
Total Current Assets	635 000	456 000	176 000	116 000
Total Assets	5 186 000	5 053 000	4 820 000	5 105 000
Total Equity	758 000	684 000	601 000	512 000
Short-Term Group Debt	231 000	46 000	20 000	188 000
Total Long-Term Debt	4 190 000	4 323 000	4 199 000	4 403 000
Creditors	7 000	0	0	0
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	238 000	46 000	20 000	191 000
Total Equity and Debt	5 186 000	5 053 000	4 820 000	5 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,64 %	17,4 %	17,47 %	29,3 %
Debt-to-Equity Ratio	5,53	6,32	6,99	8,6
Operating Profit Margin	78,02 %	81,47 %	62,57 %	72,62 %
Current Ratio	2,67	9,91	8,8	0,61
Quick Ratio	2,67	9,91	8,8	0,61
Equity Ratio	0,15	0,14	0,12	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %