ØSTFOLD ASFALT AS

1655 SELLEBAKK

Finances

Share Ownership

Return on Equity

121,77 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 457 000	26 561 000	36 119 000	32 047 000
Net Income	3 642 000	2 724 000	5 025 000	4 234 000
Total Assets	16 559 000	14 692 000	17 165 000	14 475 000
Total Equity	2 991 000	7 849 000	5 125 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 457 000	26 561 000	36 119 000	32 047 000
Expenditure	26 765 000	23 011 000	29 619 000	26 676 000
Operating Profit	4 692 000	3 550 000	6 500 000	5 371 000
Financial Income	49 000	27 000	36 000	91 000
Financial Costs	71 000	81 000	85 000	19 000
Financial Balance	−22 000	−54 000	−49 000	72 000
Earnings Before Tax	4 669 000	3 496 000	6 452 000	5 443 000
Tax	1 027 000	772 000	1 427 000	1 209 000
Net Income	3 642 000	2 724 000	5 025 000	4 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 325 000	2 763 000	2 623 000	176 000
Total Current Assets	14 234 000	11 929 000	14 541 000	14 299 000
Total Assets	16 559 000	14 692 000	17 165 000	14 475 000
Total Retained Equity	2 891 000	7 749 000	5 025 000	−590 000
Total Equity	2 991 000	7 849 000	5 125 000	100 000
Total Long-Term Debt	1 051 000	1 450 000	1 835 000	609 000
Total Current Debt	12 516 000	5 393 000	10 204 000	13 766 000
Total Equity and Debt	16 559 000	14 692 000	17 165 000	14 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 139 000	26 561 000	35 907 000	32 025 000
Other Income	318 000	0	212 000	23 000
Revenue	31 457 000	26 561 000	36 119 000	32 047 000
Cost of Goods Sold	14 784 000	12 205 000	16 231 000	13 615 000
Salary Costs	6 252 000	5 595 000	9 966 000	6 347 000
Depreciation	981 000	784 000	477 000	13 000
Impairment	0	0	0	0
Expenditure	26 765 000	23 011 000	29 619 000	26 676 000
Operating Profit	4 692 000	3 550 000	6 500 000	5 371 000
Financial Income	49 000	27 000	36 000	91 000
Financial Costs	71 000	81 000	85 000	19 000
Financial Balance	−22 000	−54 000	−49 000	72 000
Dividends	8 500 000	0	0	9 426 000
Net Income	3 642 000	2 724 000	5 025 000	4 234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	159 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 325 000	2 763 000	2 623 000	0
Total Tangible Assets	2 325 000	2 763 000	2 623 000	0
Total Fiancial Fixed Assets	0	0	0	17 000
Total Fixed Assets	2 325 000	2 763 000	2 623 000	176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 254 000	2 162 000	4 355 000	5 935 000
Total Current Assets	14 234 000	11 929 000	14 541 000	14 299 000
Total Assets	16 559 000	14 692 000	17 165 000	14 475 000
Total Equity	2 991 000	7 849 000	5 125 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 051 000	1 450 000	1 835 000	609 000
Creditors	1 451 000	1 480 000	2 123 000	276 000
Unpaid Taxes	2 139 000	2 174 000	2 995 000	1 529 000
Dividends	8 500 000	0	0	9 426 000
Other Current Debt	1 890 000	955 000	3 857 000	1 190 000
Total Current Debt	12 516 000	5 393 000	10 204 000	13 766 000
Total Equity and Debt	16 559 000	14 692 000	17 165 000	14 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	121,77 %	34,71 %	98,05 %	4 234 %
Debt-to-Equity Ratio	0,35	0,18	0,36	6,09
Operating Profit Margin	14,92 %	13,37 %	18 %	16,76 %
Current Ratio	1,14	2,21	1,43	1,04
Quick Ratio	1,14	2,21	1,43	1,04
Equity Ratio	0,18	0,53	0,3	0,01
Gross Profit Margin	53 %	54,05 %	55,06 %	57,52 %