ØYVIND ØSTEIG AS

8340 STAMSUND

Finances

Share Ownership

Return on Equity

16,96 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 239 000	4 824 000	4 104 000	4 390 000
Net Income	522 000	199 000	462 000	246 000
Total Assets	4 166 000	4 098 000	3 779 000	2 467 000
Total Equity	3 077 000	2 564 000	2 374 000	1 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 239 000	4 824 000	4 104 000	4 390 000
Expenditure	5 641 000	4 339 000	3 625 000	4 134 000
Operating Profit	697 000	303 000	611 000	318 000
Financial Income	0	0	0	0
Financial Costs	29 000	48 000	20 000	1 000
Financial Balance	−29 000	−48 000	−20 000	−1 000
Earnings Before Tax	669 000	255 000	591 000	317 000
Tax	147 000	56 000	129 000	71 000
Net Income	522 000	199 000	462 000	246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 176 000	3 446 000	2 816 000	1 191 000
Total Current Assets	990 000	652 000	963 000	1 276 000
Total Assets	4 166 000	4 098 000	3 779 000	2 467 000
Total Retained Equity	2 977 000	2 464 000	2 274 000	1 881 000
Total Equity	3 077 000	2 564 000	2 374 000	1 981 000
Total Long-Term Debt	423 000	1 054 000	29 000	0
Total Current Debt	665 000	479 000	1 377 000	486 000
Total Equity and Debt	4 166 000	4 098 000	3 779 000	2 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 153 000	4 824 000	4 037 000	4 389 000
Other Income	86 000	0	67 000	1 000
Revenue	6 239 000	4 824 000	4 104 000	4 390 000
Cost of Goods Sold	3 142 000	2 025 000	1 443 000	1 981 000
Salary Costs	1 450 000	1 244 000	1 130 000	1 060 000
Depreciation	64 000	125 000	52 000	19 000
Impairment	0	0	0	0
Expenditure	5 641 000	4 339 000	3 625 000	4 134 000
Operating Profit	697 000	303 000	611 000	318 000
Financial Income	0	0	0	0
Financial Costs	29 000	48 000	20 000	1 000
Financial Balance	−29 000	−48 000	−20 000	−1 000
Dividends	0	0	0	0
Net Income	522 000	199 000	462 000	246 000

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	590 000	1 130 000	710 000	30 000
Total Tangible Assets	590 000	1 130 000	710 000	30 000
Total Fiancial Fixed Assets	2 586 000	2 316 000	2 106 000	1 161 000
Total Fixed Assets	3 176 000	3 446 000	2 816 000	1 191 000
Stock	309 000	211 000	392 000	260 000
Total Investments	0	0	0	0
Cash, Bank	408 000	277 000	453 000	607 000
Total Current Assets	990 000	652 000	963 000	1 276 000
Total Assets	4 166 000	4 098 000	3 779 000	2 467 000
Total Equity	3 077 000	2 564 000	2 374 000	1 981 000
Short-Term Group Debt	11 000	11 000	88 000	38 000
Total Long-Term Debt	423 000	1 054 000	29 000	0
Creditors	174 000	104 000	299 000	157 000
Unpaid Taxes	230 000	232 000	133 000	138 000
Dividends	0	0	0	0
Other Current Debt	113 000	110 000	94 000	88 000
Total Current Debt	665 000	479 000	1 377 000	486 000
Total Equity and Debt	4 166 000	4 098 000	3 779 000	2 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,96 %	7,76 %	19,46 %	12,42 %
Debt-to-Equity Ratio	0,14	0,41	0,01	0
Operating Profit Margin	11,17 %	6,28 %	14,89 %	7,24 %
Current Ratio	1,49	1,36	0,7	2,63
Quick Ratio	2,78	2,43	0,98	5,65
Equity Ratio	0,74	0,63	0,63	0,8
Gross Profit Margin	49,64 %	58,02 %	64,84 %	54,87 %