ØSTANNE AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

14,42 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 527 000	13 670 000	445 000	21 380 000
Net Income	−520 000	−865 000	−3 900 000	297 000
Total Assets	821 000	5 136 000	23 207 000	37 959 000
Total Equity	−3 605 000	−4 585 000	−3 720 000	180 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 527 000	13 670 000	445 000	21 380 000
Expenditure	4 630 000	13 853 000	4 055 000	20 918 000
Operating Profit	−103 000	−184 000	−3 609 000	463 000
Financial Income	4 000	0	0	0
Financial Costs	420 000	682 000	330 000	81 000
Financial Balance	−416 000	−682 000	−330 000	−81 000
Earnings Before Tax	−520 000	−865 000	−3 939 000	381 000
Tax	0	0	−39 000	84 000
Net Income	−520 000	−865 000	−3 900 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	821 000	5 136 000	23 207 000	37 959 000
Total Assets	821 000	5 136 000	23 207 000	37 959 000
Total Retained Equity	−3 635 000	−4 615 000	−3 750 000	150 000
Total Equity	−3 605 000	−4 585 000	−3 720 000	180 000
Total Long-Term Debt	2 587 000	8 150 000	12 319 000	23 509 000
Total Current Debt	1 839 000	1 571 000	14 608 000	14 270 000
Total Equity and Debt	821 000	5 136 000	23 207 000	37 959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 527 000	13 670 000	445 000	21 380 000
Other Income	0	0	0	0
Revenue	4 527 000	13 670 000	445 000	21 380 000
Cost of Goods Sold	4 426 000	13 636 000	3 924 000	20 770 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 630 000	13 853 000	4 055 000	20 918 000
Operating Profit	−103 000	−184 000	−3 609 000	463 000
Financial Income	4 000	0	0	0
Financial Costs	420 000	682 000	330 000	81 000
Financial Balance	−416 000	−682 000	−330 000	−81 000
Dividends	0	0	0	0
Net Income	−520 000	−865 000	−3 900 000	297 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	4 300 000	17 884 000	16 541 000
Total Investments	0	0	0	0
Cash, Bank	10 000	0	0	37 000
Total Current Assets	821 000	5 136 000	23 207 000	37 959 000
Total Assets	821 000	5 136 000	23 207 000	37 959 000
Total Equity	−3 605 000	−4 585 000	−3 720 000	180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 587 000	8 150 000	12 319 000	23 509 000
Creditors	1 839 000	1 486 000	1 882 000	3 606 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	86 000	12 727 000	10 625 000
Total Current Debt	1 839 000	1 571 000	14 608 000	14 270 000
Total Equity and Debt	821 000	5 136 000	23 207 000	37 959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,42 %	18,87 %	104,84 %	165 %
Debt-to-Equity Ratio	−0,72	−1,78	−3,31	130,61
Operating Profit Margin	−2,28 %	−1,35 %	−811,01 %	2,17 %
Current Ratio	0,45	3,27	1,59	2,66
Quick Ratio	0,45	−1,88	−7,08	−16,71
Equity Ratio	−4,39	−0,89	−0,16	0
Gross Profit Margin	2,23 %	0,25 %	−781,8 %	2,85 %