ØSTKILEN 4 AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

−105 %

Current Ratio

11,07

Debt-to-Equity Ratio

−76,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	375 000	347 000	347 000	360 000
Net Income	42 000	56 000	60 000	59 000
Total Assets	3 022 000	2 990 000	3 226 000	3 213 000
Total Equity	−40 000	−82 000	−138 000	−199 000

Income (NOK)	2022	2021	2020	2019
Revenue	375 000	347 000	347 000	360 000
Expenditure	323 000	251 000	214 000	230 000
Operating Profit	51 000	96 000	132 000	130 000
Financial Income	3 000	0	0	0
Financial Costs	0	24 000	55 000	69 000
Financial Balance	3 000	−24 000	−55 000	−69 000
Earnings Before Tax	54 000	72 000	77 000	61 000
Tax	12 000	16 000	17 000	2 000
Net Income	42 000	56 000	60 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 856 000	2 931 000	3 006 000	3 081 000
Total Current Assets	166 000	59 000	220 000	132 000
Total Assets	3 022 000	2 990 000	3 226 000	3 213 000
Total Retained Equity	−140 000	−182 000	−238 000	−299 000
Total Equity	−40 000	−82 000	−138 000	−199 000
Total Long-Term Debt	3 046 000	3 049 000	3 320 000	3 390 000
Total Current Debt	15 000	22 000	44 000	22 000
Total Equity and Debt	3 022 000	2 990 000	3 226 000	3 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	10 000
Other Income	375 000	347 000	347 000	350 000
Revenue	375 000	347 000	347 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 000	23 000	19 000	15 000
Depreciation	75 000	75 000	75 000	69 000
Impairment	0	0	0	0
Expenditure	323 000	251 000	214 000	230 000
Operating Profit	51 000	96 000	132 000	130 000
Financial Income	3 000	0	0	0
Financial Costs	0	24 000	55 000	69 000
Financial Balance	3 000	−24 000	−55 000	−69 000
Dividends	0	0	0	0
Net Income	42 000	56 000	60 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 856 000	2 931 000	3 006 000	3 081 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 856 000	2 931 000	3 006 000	3 081 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 856 000	2 931 000	3 006 000	3 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	143 000	50 000	191 000	115 000
Total Current Assets	166 000	59 000	220 000	132 000
Total Assets	3 022 000	2 990 000	3 226 000	3 213 000
Total Equity	−40 000	−82 000	−138 000	−199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 046 000	3 049 000	3 320 000	3 390 000
Creditors	4 000	2 000	7 000	3 000
Unpaid Taxes	9 000	5 000	5 000	4 000
Dividends	0	0	0	0
Other Current Debt	2 000	16 000	31 000	14 000
Total Current Debt	15 000	22 000	44 000	22 000
Total Equity and Debt	3 022 000	2 990 000	3 226 000	3 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−105 %	−68,29 %	−43,48 %	−29,65 %
Debt-to-Equity Ratio	−76,15	−37,18	−24,06	−17,04
Operating Profit Margin	13,6 %	27,67 %	38,04 %	36,11 %
Current Ratio	11,07	2,68	5	6
Quick Ratio	11,07	2,68	5	6
Equity Ratio	−0,01	−0,03	−0,04	−0,06
Gross Profit Margin	100 %	100 %	100 %	100 %