ØYAVIND AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

−34,7 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 480 000	15 640 000	17 384 000	17 619 000
Net Income	−856 000	165 000	2 105 000	193 000
Total Assets	5 924 000	5 976 000	6 175 000	3 723 000
Total Equity	2 467 000	3 323 000	3 158 000	1 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 480 000	15 640 000	17 384 000	17 619 000
Expenditure	19 691 000	15 434 000	14 897 000	17 414 000
Operating Profit	−1 211 000	207 000	2 487 000	205 000
Financial Income	0	0	0	1 000
Financial Costs	28 000	1 000	10 000	13 000
Financial Balance	−28 000	−1 000	−10 000	−12 000
Earnings Before Tax	−1 239 000	205 000	2 477 000	193 000
Tax	−383 000	41 000	372 000	0
Net Income	−856 000	165 000	2 105 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 556 000	1 208 000	498 000	577 000
Total Current Assets	3 368 000	4 768 000	5 678 000	3 147 000
Total Assets	5 924 000	5 976 000	6 175 000	3 723 000
Total Retained Equity	1 956 000	2 812 000	2 648 000	693 000
Total Equity	2 467 000	3 323 000	3 158 000	1 203 000
Total Long-Term Debt	254 000	29 000	24 000	0
Total Current Debt	3 204 000	2 624 000	2 993 000	2 520 000
Total Equity and Debt	5 924 000	5 976 000	6 175 000	3 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 675 000	14 903 000	16 602 000	16 882 000
Other Income	805 000	737 000	783 000	738 000
Revenue	18 480 000	15 640 000	17 384 000	17 619 000
Cost of Goods Sold	5 681 000	5 092 000	5 085 000	5 252 000
Salary Costs	9 844 000	6 815 000	6 464 000	8 252 000
Depreciation	200 000	287 000	459 000	287 000
Impairment	0	0	0	0
Expenditure	19 691 000	15 434 000	14 897 000	17 414 000
Operating Profit	−1 211 000	207 000	2 487 000	205 000
Financial Income	0	0	0	1 000
Financial Costs	28 000	1 000	10 000	13 000
Financial Balance	−28 000	−1 000	−10 000	−12 000
Dividends	0	0	0	0
Net Income	−856 000	165 000	2 105 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	383 000	0	0	0
Real Eastate	0	1 208 000	314 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 173 000	0	184 000	577 000
Total Tangible Assets	2 173 000	1 208 000	498 000	577 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 556 000	1 208 000	498 000	577 000
Stock	370 000	258 000	271 000	238 000
Total Investments	0	0	0	0
Cash, Bank	2 396 000	3 977 000	4 583 000	2 472 000
Total Current Assets	3 368 000	4 768 000	5 678 000	3 147 000
Total Assets	5 924 000	5 976 000	6 175 000	3 723 000
Total Equity	2 467 000	3 323 000	3 158 000	1 203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	254 000	29 000	24 000	0
Creditors	738 000	908 000	801 000	393 000
Unpaid Taxes	1 169 000	832 000	755 000	1 145 000
Dividends	0	0	0	0
Other Current Debt	1 297 000	844 000	1 065 000	981 000
Total Current Debt	3 204 000	2 624 000	2 993 000	2 520 000
Total Equity and Debt	5 924 000	5 976 000	6 175 000	3 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,7 %	4,97 %	66,66 %	16,04 %
Debt-to-Equity Ratio	0,1	0,01	0,01	0
Operating Profit Margin	−6,55 %	1,32 %	14,31 %	1,16 %
Current Ratio	1,05	1,82	1,9	1,25
Quick Ratio	1,19	2,02	2,09	1,38
Equity Ratio	0,42	0,56	0,51	0,32
Gross Profit Margin	69,26 %	67,44 %	70,75 %	70,19 %