ØSTERVÅG AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

−0,29 %

Current Ratio

0,28

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020
Revenue	1 262 000	1 324 000	1 221 000
Net Income	−5 000	−66 000	391 000
Total Assets	5 003 000	5 439 000	5 751 000
Total Equity	1 726 000	1 731 000	1 797 000

Income (NOK)	2022	2021	2020
Revenue	1 262 000	1 324 000	1 221 000
Expenditure	1 121 000	1 127 000	429 000
Operating Profit	141 000	197 000	792 000
Financial Income	0	0	0
Financial Costs	147 000	109 000	120 000
Financial Balance	−147 000	−109 000	−120 000
Earnings Before Tax	−6 000	87 000	672 000
Tax	−1 000	153 000	280 000
Net Income	−5 000	−66 000	391 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 960 000	5 162 000	5 283 000
Total Current Assets	43 000	276 000	467 000
Total Assets	5 003 000	5 439 000	5 751 000
Total Retained Equity	861 000	865 000	931 000
Total Equity	1 726 000	1 731 000	1 797 000
Total Long-Term Debt	3 122 000	3 355 000	3 415 000
Total Current Debt	154 000	353 000	539 000
Total Equity and Debt	5 003 000	5 439 000	5 751 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 000	4 000	0
Other Income	1 250 000	1 320 000	1 221 000
Revenue	1 262 000	1 324 000	1 221 000
Cost of Goods Sold	1 000	0	0
Salary Costs	209 000	245 000	0
Depreciation	108 000	110 000	109 000
Impairment	0	0	0
Expenditure	1 121 000	1 127 000	429 000
Operating Profit	141 000	197 000	792 000
Financial Income	0	0	0
Financial Costs	147 000	109 000	120 000
Financial Balance	−147 000	−109 000	−120 000
Dividends	0	0	300 000
Net Income	−5 000	−66 000	391 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	12 000
Real Eastate	4 960 000	5 162 000	5 272 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 960 000	5 162 000	5 272 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 960 000	5 162 000	5 283 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	43 000	131 000	0
Total Current Assets	43 000	276 000	467 000
Total Assets	5 003 000	5 439 000	5 751 000
Total Equity	1 726 000	1 731 000	1 797 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 122 000	3 355 000	3 415 000
Creditors	18 000	249 000	0
Unpaid Taxes	28 000	21 000	53 000
Dividends	0	0	300 000
Other Current Debt	97 000	52 000	28 000
Total Current Debt	154 000	353 000	539 000
Total Equity and Debt	5 003 000	5 439 000	5 751 000

Financial indicators	2022	2021	2020
Return on Equity	−0,29 %	−3,81 %	21,76 %
Debt-to-Equity Ratio	1,81	1,94	1,9
Operating Profit Margin	11,17 %	14,88 %	64,86 %
Current Ratio	0,28	0,78	0,87
Quick Ratio	0,28	0,78	0,87
Equity Ratio	0,34	0,32	0,31
Gross Profit Margin	99,92 %	100 %	100 %