ØSTRE GATE 12 AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

10,24 %

Current Ratio

10,92

Debt-to-Equity Ratio

4,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	669 000	98 000	3 000	1 677 000
Net Income	39 000	−151 000	−123 000	857 000
Total Assets	2 352 000	6 153 000	6 307 000	5 786 000
Total Equity	381 000	342 000	494 000	617 000

Income (NOK)	2022	2021	2020	2019
Revenue	669 000	98 000	3 000	1 677 000
Expenditure	492 000	203 000	72 000	338 000
Operating Profit	177 000	−105 000	−70 000	1 339 000
Financial Income	0	52 000	48 000	3 000
Financial Costs	127 000	156 000	150 000	244 000
Financial Balance	−127 000	−104 000	−102 000	−241 000
Earnings Before Tax	50 000	−209 000	−172 000	1 099 000
Tax	11 000	−57 000	−48 000	242 000
Net Income	39 000	−151 000	−123 000	857 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	878 000	5 646 000	5 646 000	4 767 000
Total Current Assets	1 474 000	507 000	661 000	1 019 000
Total Assets	2 352 000	6 153 000	6 307 000	5 786 000
Total Retained Equity	351 000	312 000	464 000	587 000
Total Equity	381 000	342 000	494 000	617 000
Total Long-Term Debt	1 836 000	5 796 000	5 798 000	5 151 000
Total Current Debt	135 000	15 000	15 000	18 000
Total Equity and Debt	2 352 000	6 153 000	6 307 000	5 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	8 000	3 000	0
Other Income	669 000	90 000	0	1 677 000
Revenue	669 000	98 000	3 000	1 677 000
Cost of Goods Sold	253 000	3 000	10 000	88 000
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	492 000	203 000	72 000	338 000
Operating Profit	177 000	−105 000	−70 000	1 339 000
Financial Income	0	52 000	48 000	3 000
Financial Costs	127 000	156 000	150 000	244 000
Financial Balance	−127 000	−104 000	−102 000	−241 000
Dividends	0	0	0	0
Net Income	39 000	−151 000	−123 000	857 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	878 000	5 646 000	5 646 000	4 767 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	878 000	5 646 000	5 646 000	4 767 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	878 000	5 646 000	5 646 000	4 767 000
Stock	1 111 000	462 000	0	0
Total Investments	0	0	348 000	0
Cash, Bank	363 000	45 000	294 000	942 000
Total Current Assets	1 474 000	507 000	661 000	1 019 000
Total Assets	2 352 000	6 153 000	6 307 000	5 786 000
Total Equity	381 000	342 000	494 000	617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 836 000	5 796 000	5 798 000	5 151 000
Creditors	118 000	3 000	4 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	12 000	11 000	14 000
Total Current Debt	135 000	15 000	15 000	18 000
Total Equity and Debt	2 352 000	6 153 000	6 307 000	5 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,24 %	−44,15 %	−24,9 %	138,9 %
Debt-to-Equity Ratio	4,82	16,95	11,74	8,35
Operating Profit Margin	26,46 %	−107,14 %	−2 333,33 %	79,84 %
Current Ratio	10,92	33,8	44,07	56,61
Quick Ratio	−1,51	−1,13	44,07	56,61
Equity Ratio	0,16	0,06	0,08	0,11
Gross Profit Margin	62,18 %	96,94 %	−233,33 %	94,75 %