ØSTERVOLD SEISMIKK AS

5384 TORANGSVÅG

Finances

Share Ownership

Return on Equity

−111,78 %

Current Ratio

1,05

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	194 000	21 886 000	48 424 000
Net Income	−4 641 000	−6 265 000	−2 337 000	16 109 000
Total Assets	16 678 000	17 595 000	21 066 000	31 134 000
Total Equity	4 152 000	8 793 000	15 058 000	15 776 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	194 000	21 886 000	48 424 000
Expenditure	4 227 000	6 718 000	20 985 000	34 217 000
Operating Profit	−4 227 000	−6 926 000	901 000	14 206 000
Financial Income	11 000	677 000	520 000	13 055 000
Financial Costs	425 000	15 000	3 758 000	−9 248 000
Financial Balance	−414 000	662 000	−3 238 000	22 303 000
Earnings Before Tax	−4 641 000	−6 265 000	−2 337 000	16 109 000
Tax	0	0	0	0
Net Income	−4 641 000	−6 265 000	−2 337 000	16 109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 485 000	8 689 000	8 689 000	8 689 000
Total Current Assets	7 194 000	8 906 000	12 377 000	22 445 000
Total Assets	16 678 000	17 595 000	21 066 000	31 134 000
Total Retained Equity	−14 824 000	−10 183 000	−3 918 000	−3 200 000
Total Equity	4 152 000	8 793 000	15 058 000	15 776 000
Total Long-Term Debt	5 671 000	5 009 000	4 895 000	7 585 000
Total Current Debt	6 856 000	3 792 000	1 113 000	7 773 000
Total Equity and Debt	16 678 000	17 595 000	21 066 000	31 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	194 000	21 886 000	29 283 000
Other Income	0	0	0	19 140 000
Revenue	0	194 000	21 886 000	48 424 000
Cost of Goods Sold	2 912 000	5 038 000	19 176 000	29 812 000
Salary Costs	0	0	0	68 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 227 000	6 718 000	20 985 000	34 217 000
Operating Profit	−4 227 000	−6 926 000	901 000	14 206 000
Financial Income	11 000	677 000	520 000	13 055 000
Financial Costs	425 000	15 000	3 758 000	−9 248 000
Financial Balance	−414 000	662 000	−3 238 000	22 303 000
Dividends	0	0	0	0
Net Income	−4 641 000	−6 265 000	−2 337 000	16 109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	−738 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 689 000	8 689 000	8 689 000	8 689 000
Total Fiancial Fixed Assets	796 000	0	738 000	2 832 000
Total Fixed Assets	9 485 000	8 689 000	8 689 000	8 689 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	688 000	520 000	2 642 000	1 927 000
Total Current Assets	7 194 000	8 906 000	12 377 000	22 445 000
Total Assets	16 678 000	17 595 000	21 066 000	31 134 000
Total Equity	4 152 000	8 793 000	15 058 000	15 776 000
Short-Term Group Debt	0	0	0	211 000
Total Long-Term Debt	5 671 000	5 009 000	4 895 000	7 585 000
Creditors	6 254 000	2 960 000	440 000	6 479 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	602 000	833 000	673 000	1 083 000
Total Current Debt	6 856 000	3 792 000	1 113 000	7 773 000
Total Equity and Debt	16 678 000	17 595 000	21 066 000	31 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−111,78 %	−71,25 %	−15,52 %	102,11 %
Debt-to-Equity Ratio	1,37	0,57	0,33	0,48
Operating Profit Margin	-	−3 570,1 %	4,12 %	29,34 %
Current Ratio	1,05	2,35	11,12	2,89
Quick Ratio	1,05	2,35	11,12	2,89
Equity Ratio	0,25	0,5	0,71	0,51
Gross Profit Margin	-	−2 496,91 %	12,38 %	38,44 %