ØSTFOLD FORSIKRING AS

1706 SARPSBORG

Finances

Share Ownership

Return on Equity

−38,91 %

Current Ratio

0,75

Debt-to-Equity Ratio

3,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 080 000	13 942 000	3 824 000	4 139 000
Net Income	−314 000	1 827 000	−105 000	600 000
Total Assets	6 608 000	4 161 000	737 000	1 025 000
Total Equity	807 000	2 031 000	203 000	558 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 080 000	13 942 000	3 824 000	4 139 000
Expenditure	14 252 000	11 476 000	3 934 000	3 312 000
Operating Profit	−172 000	2 466 000	−109 000	826 000
Financial Income	1 000	0	0	0
Financial Costs	143 000	32 000	22 000	61 000
Financial Balance	−142 000	−32 000	−22 000	−61 000
Earnings Before Tax	−314 000	2 434 000	−131 000	765 000
Tax	0	607 000	−26 000	166 000
Net Income	−314 000	1 827 000	−105 000	600 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 504 000	469 000	153 000	163 000
Total Current Assets	2 105 000	3 692 000	584 000	863 000
Total Assets	6 608 000	4 161 000	737 000	1 025 000
Total Retained Equity	752 000	1 976 000	148 000	503 000
Total Equity	807 000	2 031 000	203 000	558 000
Total Long-Term Debt	3 006 000	445 000	85 000	132 000
Total Current Debt	2 796 000	1 686 000	448 000	335 000
Total Equity and Debt	6 608 000	4 161 000	737 000	1 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	14 080 000	13 942 000	3 824 000	4 139 000
Revenue	14 080 000	13 942 000	3 824 000	4 139 000
Cost of Goods Sold	2 820 000	3 587 000	2 115 000	1 693 000
Salary Costs	9 346 000	6 040 000	987 000	753 000
Depreciation	126 000	127 000	71 000	52 000
Impairment	0	0	0	0
Expenditure	14 252 000	11 476 000	3 934 000	3 312 000
Operating Profit	−172 000	2 466 000	−109 000	826 000
Financial Income	1 000	0	0	0
Financial Costs	143 000	32 000	22 000	61 000
Financial Balance	−142 000	−32 000	−22 000	−61 000
Dividends	910 000	0	250 000	0
Net Income	−314 000	1 827 000	−105 000	600 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 000	20 000	25 000	6 000
Total Intangible Assets	16 000	27 000	38 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	326 000	442 000	115 000	157 000
Total Tangible Assets	326 000	442 000	115 000	157 000
Total Fiancial Fixed Assets	4 161 000	0	0	0
Total Fixed Assets	4 504 000	469 000	153 000	163 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	999 000	2 803 000	163 000	407 000
Total Current Assets	2 105 000	3 692 000	584 000	863 000
Total Assets	6 608 000	4 161 000	737 000	1 025 000
Total Equity	807 000	2 031 000	203 000	558 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 006 000	445 000	85 000	132 000
Creditors	123 000	91 000	2 000	12 000
Unpaid Taxes	553 000	513 000	111 000	67 000
Dividends	910 000	0	250 000	0
Other Current Debt	1 427 000	474 000	135 000	93 000
Total Current Debt	2 796 000	1 686 000	448 000	335 000
Total Equity and Debt	6 608 000	4 161 000	737 000	1 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,91 %	89,96 %	−51,72 %	107,53 %
Debt-to-Equity Ratio	3,72	0,22	0,42	0,24
Operating Profit Margin	−1,22 %	17,69 %	−2,85 %	19,96 %
Current Ratio	0,75	2,19	1,3	2,58
Quick Ratio	0,75	2,19	1,3	2,58
Equity Ratio	0,12	0,49	0,28	0,54
Gross Profit Margin	79,97 %	74,27 %	44,69 %	59,1 %