ØSTLANDSKE ENTREPRENØR SERVICE AS

1816 SKIPTVET

Finances

Share Ownership

Return on Equity

27,01 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 222 000	15 684 000	14 579 000	11 303 000
Net Income	1 891 000	518 000	248 000	1 325 000
Total Assets	13 379 000	8 936 000	8 259 000	7 318 000
Total Equity	7 002 000	5 111 000	4 593 000	4 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 222 000	15 684 000	14 579 000	11 303 000
Expenditure	24 840 000	15 045 000	13 931 000	9 694 000
Operating Profit	2 382 000	639 000	648 000	1 609 000
Financial Income	10 000	2 000	2 000	4 000
Financial Costs	105 000	19 000	29 000	33 000
Financial Balance	−95 000	−17 000	−27 000	−29 000
Earnings Before Tax	2 287 000	623 000	621 000	1 580 000
Tax	397 000	105 000	374 000	255 000
Net Income	1 891 000	518 000	248 000	1 325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 969 000	1 191 000	1 611 000	1 232 000
Total Current Assets	10 410 000	7 745 000	6 648 000	6 086 000
Total Assets	13 379 000	8 936 000	8 259 000	7 318 000
Total Retained Equity	6 882 000	4 991 000	4 473 000	4 426 000
Total Equity	7 002 000	5 111 000	4 593 000	4 546 000
Total Long-Term Debt	2 032 000	136 000	290 000	441 000
Total Current Debt	4 345 000	3 689 000	3 375 000	2 332 000
Total Equity and Debt	13 379 000	8 936 000	8 259 000	7 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 224 000	15 369 000	15 525 000	9 846 000
Other Income	−2 000	315 000	−945 000	1 456 000
Revenue	27 222 000	15 684 000	14 579 000	11 303 000
Cost of Goods Sold	12 786 000	7 903 000	7 984 000	5 110 000
Salary Costs	5 293 000	2 852 000	1 684 000	1 622 000
Depreciation	467 000	301 000	344 000	411 000
Impairment	0	0	0	0
Expenditure	24 840 000	15 045 000	13 931 000	9 694 000
Operating Profit	2 382 000	639 000	648 000	1 609 000
Financial Income	10 000	2 000	2 000	4 000
Financial Costs	105 000	19 000	29 000	33 000
Financial Balance	−95 000	−17 000	−27 000	−29 000
Dividends	0	0	0	0
Net Income	1 891 000	518 000	248 000	1 325 000

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	2 314 000	401 000	637 000	1 079 000
Total Tangible Assets	2 314 000	401 000	637 000	1 079 000
Total Fiancial Fixed Assets	655 000	789 000	974 000	153 000
Total Fixed Assets	2 969 000	1 191 000	1 611 000	1 232 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 650 000	1 923 000	1 854 000	1 834 000
Total Current Assets	10 410 000	7 745 000	6 648 000	6 086 000
Total Assets	13 379 000	8 936 000	8 259 000	7 318 000
Total Equity	7 002 000	5 111 000	4 593 000	4 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 032 000	136 000	290 000	441 000
Creditors	2 988 000	2 213 000	2 162 000	1 855 000
Unpaid Taxes	416 000	1 081 000	196 000	83 000
Dividends	0	0	0	0
Other Current Debt	545 000	290 000	628 000	154 000
Total Current Debt	4 345 000	3 689 000	3 375 000	2 332 000
Total Equity and Debt	13 379 000	8 936 000	8 259 000	7 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,01 %	10,14 %	5,4 %	29,15 %
Debt-to-Equity Ratio	0,29	0,03	0,06	0,1
Operating Profit Margin	8,75 %	4,07 %	4,44 %	14,24 %
Current Ratio	2,4	2,1	1,97	2,61
Quick Ratio	2,4	2,1	1,97	2,61
Equity Ratio	0,52	0,57	0,56	0,62
Gross Profit Margin	53,03 %	49,61 %	45,24 %	54,79 %