ØSTREGATE 5 GLITNE AS

1351 RUD

Finances

Share Ownership

Return on Equity

10,64 %

Current Ratio

0,76

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 076 000	998 000	998 000	986 000
Net Income	548 000	614 000	284 000	151 000
Total Assets	8 245 000	7 881 000	8 096 000	8 623 000
Total Equity	5 148 000	5 144 000	4 711 000	4 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 076 000	998 000	998 000	986 000
Expenditure	338 000	217 000	636 000	719 000
Operating Profit	738 000	782 000	361 000	267 000
Financial Income	3 000	5 000	2 000	6 000
Financial Costs	39 000	0	0	79 000
Financial Balance	−36 000	5 000	2 000	−73 000
Earnings Before Tax	703 000	787 000	364 000	194 000
Tax	155 000	173 000	80 000	43 000
Net Income	548 000	614 000	284 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 528 000	7 829 000	8 046 000	8 620 000
Total Current Assets	717 000	51 000	49 000	3 000
Total Assets	8 245 000	7 881 000	8 096 000	8 623 000
Total Retained Equity	1 051 000	1 047 000	614 000	331 000
Total Equity	5 148 000	5 144 000	4 711 000	4 428 000
Total Long-Term Debt	2 151 000	2 350 000	3 000 000	3 963 000
Total Current Debt	946 000	386 000	384 000	232 000
Total Equity and Debt	8 245 000	7 881 000	8 096 000	8 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 076 000	998 000	998 000	986 000
Revenue	1 076 000	998 000	998 000	986 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	301 000	186 000	605 000	605 000
Impairment	0	0	0	0
Expenditure	338 000	217 000	636 000	719 000
Operating Profit	738 000	782 000	361 000	267 000
Financial Income	3 000	5 000	2 000	6 000
Financial Costs	39 000	0	0	79 000
Financial Balance	−36 000	5 000	2 000	−73 000
Dividends	0	0	0	0
Net Income	548 000	614 000	284 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	0
Real Eastate	7 528 000	7 829 000	8 015 000	8 620 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 528 000	7 829 000	8 015 000	8 620 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 528 000	7 829 000	8 046 000	8 620 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	671 000	31 000	49 000	3 000
Total Current Assets	717 000	51 000	49 000	3 000
Total Assets	8 245 000	7 881 000	8 096 000	8 623 000
Total Equity	5 148 000	5 144 000	4 711 000	4 428 000
Short-Term Group Debt	698 000	0	0	0
Total Long-Term Debt	2 151 000	2 350 000	3 000 000	3 963 000
Creditors	0	0	0	0
Unpaid Taxes	248 000	244 000	249 000	232 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	946 000	386 000	384 000	232 000
Total Equity and Debt	8 245 000	7 881 000	8 096 000	8 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,64 %	11,94 %	6,03 %	3,41 %
Debt-to-Equity Ratio	0,42	0,46	0,64	0,89
Operating Profit Margin	68,59 %	78,36 %	36,17 %	27,08 %
Current Ratio	0,76	0,13	0,13	0,01
Quick Ratio	0,76	0,13	0,13	0,01
Equity Ratio	0,62	0,65	0,58	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %