ØYSTESE ELEKTRISKE AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

−16,97 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 985 000	10 259 000	10 727 000	10 279 000
Net Income	−430 000	240 000	626 000	645 000
Total Assets	6 019 000	6 967 000	6 856 000	6 363 000
Total Equity	2 534 000	2 964 000	2 724 000	2 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 985 000	10 259 000	10 727 000	10 279 000
Expenditure	8 352 000	9 886 000	9 915 000	9 363 000
Operating Profit	−366 000	373 000	812 000	916 000
Financial Income	6 000	6 000	9 000	1 000
Financial Costs	79 000	72 000	91 000	110 000
Financial Balance	−73 000	−66 000	−82 000	−109 000
Earnings Before Tax	−439 000	307 000	730 000	807 000
Tax	−9 000	68 000	104 000	162 000
Net Income	−430 000	240 000	626 000	645 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 335 000	2 446 000	2 524 000	2 629 000
Total Current Assets	3 684 000	4 521 000	4 332 000	3 734 000
Total Assets	6 019 000	6 967 000	6 856 000	6 363 000
Total Retained Equity	2 134 000	2 564 000	2 324 000	1 698 000
Total Equity	2 534 000	2 964 000	2 724 000	2 098 000
Total Long-Term Debt	1 735 000	1 919 000	2 085 000	2 402 000
Total Current Debt	1 750 000	2 084 000	2 047 000	1 863 000
Total Equity and Debt	6 019 000	6 967 000	6 856 000	6 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 985 000	10 259 000	10 727 000	10 279 000
Other Income	0	0	0	0
Revenue	7 985 000	10 259 000	10 727 000	10 279 000
Cost of Goods Sold	2 941 000	4 348 000	4 083 000	3 728 000
Salary Costs	4 248 000	4 357 000	4 747 000	4 518 000
Depreciation	105 000	105 000	105 000	147 000
Impairment	0	0	0	0
Expenditure	8 352 000	9 886 000	9 915 000	9 363 000
Operating Profit	−366 000	373 000	812 000	916 000
Financial Income	6 000	6 000	9 000	1 000
Financial Costs	79 000	72 000	91 000	110 000
Financial Balance	−73 000	−66 000	−82 000	−109 000
Dividends	0	0	0	0
Net Income	−430 000	240 000	626 000	645 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 115 000	2 190 000	2 265 000	2 340 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	199 000	229 000	259 000	289 000
Total Tangible Assets	2 314 000	2 419 000	2 524 000	2 629 000
Total Fiancial Fixed Assets	21 000	27 000	0	0
Total Fixed Assets	2 335 000	2 446 000	2 524 000	2 629 000
Stock	2 007 000	1 732 000	1 622 000	1 416 000
Total Investments	0	0	0	0
Cash, Bank	963 000	1 301 000	1 443 000	1 257 000
Total Current Assets	3 684 000	4 521 000	4 332 000	3 734 000
Total Assets	6 019 000	6 967 000	6 856 000	6 363 000
Total Equity	2 534 000	2 964 000	2 724 000	2 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 735 000	1 919 000	2 085 000	2 402 000
Creditors	589 000	813 000	690 000	566 000
Unpaid Taxes	455 000	662 000	629 000	536 000
Dividends	0	0	0	0
Other Current Debt	706 000	550 000	625 000	599 000
Total Current Debt	1 750 000	2 084 000	2 047 000	1 863 000
Total Equity and Debt	6 019 000	6 967 000	6 856 000	6 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,97 %	8,1 %	22,98 %	30,74 %
Debt-to-Equity Ratio	0,68	0,65	0,77	1,14
Operating Profit Margin	−4,58 %	3,64 %	7,57 %	8,91 %
Current Ratio	2,11	2,17	2,12	2
Quick Ratio	−14,33	12,84	10,19	8,35
Equity Ratio	0,42	0,43	0,4	0,33
Gross Profit Margin	63,17 %	57,62 %	61,94 %	63,73 %