OSETC AS

4009 STAVANGER

Finances

Return on Equity

−7,94 %

Current Ratio

9,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 581 000	2 305 000	1 744 000	691 000
Total Assets	21 217 000	22 853 000	22 966 000	22 333 000
Total Equity	19 914 000	22 795 000	21 890 000	21 095 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	26 000	23 000	17 000	14 000
Operating Profit	−26 000	−23 000	−18 000	−14 000
Financial Income	316 000	2 328 000	1 769 000	735 000
Financial Costs	1 868 000	0	0	0
Financial Balance	−1 552 000	2 328 000	1 769 000	735 000
Earnings Before Tax	−1 578 000	2 305 000	1 751 000	721 000
Tax	3 000	0	6 000	30 000
Net Income	−1 581 000	2 305 000	1 744 000	691 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 745 000	9 246 000	8 502 000	6 564 000
Total Current Assets	12 473 000	13 606 000	14 465 000	15 769 000
Total Assets	21 217 000	22 853 000	22 966 000	22 333 000
Total Retained Equity	18 766 000	21 647 000	20 741 000	19 947 000
Total Equity	19 914 000	22 795 000	21 890 000	21 095 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 303 000	58 000	1 076 000	1 237 000
Total Equity and Debt	21 217 000	22 853 000	22 966 000	22 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	5 000	3 000	0
Impairment	0	0	0	0
Expenditure	26 000	23 000	17 000	14 000
Operating Profit	−26 000	−23 000	−18 000	−14 000
Financial Income	316 000	2 328 000	1 769 000	735 000
Financial Costs	1 868 000	0	0	0
Financial Balance	−1 552 000	2 328 000	1 769 000	735 000
Dividends	1 300 000	0	950 000	1 150 000
Net Income	−1 581 000	2 305 000	1 744 000	691 000

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	7 000	12 000	0
Total Tangible Assets	0	7 000	12 000	0
Total Fiancial Fixed Assets	8 745 000	9 239 000	8 490 000	6 564 000
Total Fixed Assets	8 745 000	9 246 000	8 502 000	6 564 000
Stock	0	0	0	0
Total Investments	7 871 000	7 309 000	6 707 000	3 304 000
Cash, Bank	3 822 000	5 518 000	7 758 000	12 464 000
Total Current Assets	12 473 000	13 606 000	14 465 000	15 769 000
Total Assets	21 217 000	22 853 000	22 966 000	22 333 000
Total Equity	19 914 000	22 795 000	21 890 000	21 095 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 300 000	0	950 000	1 150 000
Other Current Debt	0	58 000	120 000	58 000
Total Current Debt	1 303 000	58 000	1 076 000	1 237 000
Total Equity and Debt	21 217 000	22 853 000	22 966 000	22 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,94 %	10,11 %	7,97 %	3,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	9,57	234,59	13,44	12,75
Quick Ratio	9,57	234,59	13,44	12,75
Equity Ratio	0,94	1	0,95	0,94
Gross Profit Margin	-	-	-	-