ØSTRENG HOLDING AS

1960 LØKEN

Finances

Return on Equity

25,9 %

Current Ratio

4,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 533 000	1 327 000	−11 000	−17 000
Total Assets	6 357 000	5 991 000	4 337 000	4 227 000
Total Equity	5 920 000	5 587 000	4 260 000	4 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	34 000	26 000	46 000	17 000
Operating Profit	−34 000	−26 000	−46 000	−17 000
Financial Income	2 000 000	1 733 000	19 000	0
Financial Costs	1 000	0	0	0
Financial Balance	1 999 000	1 733 000	19 000	0
Earnings Before Tax	1 966 000	1 707 000	−27 000	−17 000
Tax	433 000	380 000	−16 000	0
Net Income	1 533 000	1 327 000	−11 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 227 000	4 227 000	4 227 000	4 227 000
Total Current Assets	2 130 000	1 764 000	110 000	0
Total Assets	6 357 000	5 991 000	4 337 000	4 227 000
Total Retained Equity	5 698 000	5 365 000	4 037 000	3 990 000
Total Equity	5 920 000	5 587 000	4 260 000	4 212 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	437 000	404 000	77 000	15 000
Total Equity and Debt	6 357 000	5 991 000	4 337 000	4 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	34 000	26 000	46 000	17 000
Operating Profit	−34 000	−26 000	−46 000	−17 000
Financial Income	2 000 000	1 733 000	19 000	0
Financial Costs	1 000	0	0	0
Financial Balance	1 999 000	1 733 000	19 000	0
Dividends	0	0	0	0
Net Income	1 533 000	1 327 000	−11 000	−17 000

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	4 227 000	4 227 000	4 227 000	4 227 000
Total Fixed Assets	4 227 000	4 227 000	4 227 000	4 227 000
Stock	0	0	0	0
Total Investments	0	0	35 000	0
Cash, Bank	130 000	44 000	0	0
Total Current Assets	2 130 000	1 764 000	110 000	0
Total Assets	6 357 000	5 991 000	4 337 000	4 227 000
Total Equity	5 920 000	5 587 000	4 260 000	4 212 000
Short-Term Group Debt	2 000	22 000	76 000	15 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	0	0
Total Current Debt	437 000	404 000	77 000	15 000
Total Equity and Debt	6 357 000	5 991 000	4 337 000	4 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,9 %	23,75 %	−0,26 %	−0,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	4,87	4,37	1,43	0
Quick Ratio	4,87	4,37	1,43	0
Equity Ratio	0,93	0,93	0,98	1
Gross Profit Margin	-	-	-	-