ØSTKJØLEN AS

2560 ALVDAL

Finances

Share Ownership

Return on Equity

−11,39 %

Current Ratio

2,87

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 000	109 000	68 000	778 000
Net Income	50 000	76 000	36 000	−248 000
Total Assets	316 000	212 000	131 000	94 000
Total Equity	−439 000	−490 000	−565 000	−602 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 000	109 000	68 000	778 000
Expenditure	55 000	32 000	31 000	1 017 000
Operating Profit	50 000	77 000	37 000	−238 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	1 000	11 000
Financial Balance	0	−1 000	−1 000	−10 000
Earnings Before Tax	50 000	76 000	36 000	−248 000
Tax	0	0	0	0
Net Income	50 000	76 000	36 000	−248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	316 000	212 000	131 000	94 000
Total Assets	316 000	212 000	131 000	94 000
Total Retained Equity	−555 000	−605 000	−681 000	−717 000
Total Equity	−439 000	−490 000	−565 000	−602 000
Total Long-Term Debt	645 000	645 000	645 000	645 000
Total Current Debt	110 000	56 000	52 000	50 000
Total Equity and Debt	316 000	212 000	131 000	94 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 000	122 000	55 000	98 000
Other Income	81 000	−13 000	13 000	680 000
Revenue	104 000	109 000	68 000	778 000
Cost of Goods Sold	32 000	17 000	13 000	996 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	55 000	32 000	31 000	1 017 000
Operating Profit	50 000	77 000	37 000	−238 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	1 000	11 000
Financial Balance	0	−1 000	−1 000	−10 000
Dividends	0	0	0	0
Net Income	50 000	76 000	36 000	−248 000

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	0	0	0
Total Investments	0	0	0	0
Cash, Bank	226 000	209 000	116 000	18 000
Total Current Assets	316 000	212 000	131 000	94 000
Total Assets	316 000	212 000	131 000	94 000
Total Equity	−439 000	−490 000	−565 000	−602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	645 000	645 000	645 000	645 000
Creditors	6 000	2 000	23 000	19 000
Unpaid Taxes	0	17 000	9 000	12 000
Dividends	0	0	0	0
Other Current Debt	104 000	37 000	19 000	19 000
Total Current Debt	110 000	56 000	52 000	50 000
Total Equity and Debt	316 000	212 000	131 000	94 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,39 %	−15,51 %	−6,37 %	41,2 %
Debt-to-Equity Ratio	−1,47	−1,32	−1,14	−1,07
Operating Profit Margin	48,08 %	70,64 %	54,41 %	−30,59 %
Current Ratio	2,87	3,79	2,52	1,88
Quick Ratio	2,87	3,79	2,52	1,88
Equity Ratio	−1,39	−2,31	−4,31	−6,4
Gross Profit Margin	69,23 %	84,4 %	80,88 %	−28,02 %