ØSTSIDEN HANDELSUTVIKLING AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

8 %

Current Ratio

9,88

Debt-to-Equity Ratio

2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	204 000	−348 000	−344 000	−296 000
Total Assets	8 829 000	6 324 000	5 711 000	5 498 000
Total Equity	2 550 000	305 000	653 000	996 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	157 000	200 000	247 000	178 000
Operating Profit	−157 000	−200 000	−247 000	−178 000
Financial Income	14 000	0	0	0
Financial Costs	228 000	148 000	97 000	118 000
Financial Balance	−214 000	−148 000	−97 000	−118 000
Earnings Before Tax	−371 000	−348 000	−344 000	−296 000
Tax	−576 000	0	0	0
Net Income	204 000	−348 000	−344 000	−296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 073 000	5 771 000	5 642 000	5 498 000
Total Current Assets	2 756 000	553 000	69 000	0
Total Assets	8 829 000	6 324 000	5 711 000	5 498 000
Total Retained Equity	0	−692 000	−344 000	0
Total Equity	2 550 000	305 000	653 000	996 000
Total Long-Term Debt	6 000 000	6 000 000	5 040 000	4 344 000
Total Current Debt	279 000	19 000	18 000	158 000
Total Equity and Debt	8 829 000	6 324 000	5 711 000	5 498 000

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	0	0	0	0
Impairment	0	0	0	0
Expenditure	157 000	200 000	247 000	178 000
Operating Profit	−157 000	−200 000	−247 000	−178 000
Financial Income	14 000	0	0	0
Financial Costs	228 000	148 000	97 000	118 000
Financial Balance	−214 000	−148 000	−97 000	−118 000
Dividends	0	0	0	0
Net Income	204 000	−348 000	−344 000	−296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 062 000	5 771 000	5 642 000	5 498 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 062 000	5 771 000	5 642 000	5 498 000
Total Fiancial Fixed Assets	11 000	0	0	0
Total Fixed Assets	6 073 000	5 771 000	5 642 000	5 498 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	553 000	69 000	0
Total Current Assets	2 756 000	553 000	69 000	0
Total Assets	8 829 000	6 324 000	5 711 000	5 498 000
Total Equity	2 550 000	305 000	653 000	996 000
Short-Term Group Debt	23 000	0	0	0
Total Long-Term Debt	6 000 000	6 000 000	5 040 000	4 344 000
Creditors	235 000	8 000	18 000	158 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	22 000	11 000	0	0
Total Current Debt	279 000	19 000	18 000	158 000
Total Equity and Debt	8 829 000	6 324 000	5 711 000	5 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8 %	−114,1 %	−52,68 %	−29,72 %
Debt-to-Equity Ratio	2,35	19,67	7,72	4,36
Operating Profit Margin	-	-	-	-
Current Ratio	9,88	29,11	3,83	0
Quick Ratio	9,88	29,11	3,83	0
Equity Ratio	0,29	0,05	0,11	0,18
Gross Profit Margin	-	-	-	-