OFOTEN BYGGSERVICE AS

8530 BJERKVIK

Finances

Share Ownership

Return on Equity

12,5 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	540 000	701 000	828 000	575 000
Net Income	6 000	27 000	80 000	−34 000
Total Assets	203 000	318 000	351 000	311 000
Total Equity	48 000	142 000	134 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	540 000	701 000	828 000	575 000
Expenditure	533 000	665 000	725 000	606 000
Operating Profit	7 000	37 000	102 000	−32 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	4 000	7 000	7 000
Financial Balance	0	−3 000	−6 000	−6 000
Earnings Before Tax	7 000	34 000	97 000	−38 000
Tax	1 000	7 000	17 000	−4 000
Net Income	6 000	27 000	80 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	163 000	253 000	231 000
Total Current Assets	125 000	155 000	98 000	79 000
Total Assets	203 000	318 000	351 000	311 000
Total Retained Equity	18 000	112 000	104 000	54 000
Total Equity	48 000	142 000	134 000	84 000
Total Long-Term Debt	0	26 000	78 000	137 000
Total Current Debt	155 000	150 000	139 000	89 000
Total Equity and Debt	203 000	318 000	351 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	540 000	701 000	828 000	575 000
Other Income	0	0	0	0
Revenue	540 000	701 000	828 000	575 000
Cost of Goods Sold	110 000	307 000	405 000	254 000
Salary Costs	219 000	172 000	157 000	177 000
Depreciation	98 000	98 000	77 000	70 000
Impairment	0	0	0	0
Expenditure	533 000	665 000	725 000	606 000
Operating Profit	7 000	37 000	102 000	−32 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	1 000	4 000	7 000	7 000
Financial Balance	0	−3 000	−6 000	−6 000
Dividends	0	0	0	0
Net Income	6 000	27 000	80 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	7 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	155 000	253 000	231 000
Total Tangible Assets	57 000	155 000	253 000	231 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	77 000	163 000	253 000	231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	153 000	95 000	76 000
Total Current Assets	125 000	155 000	98 000	79 000
Total Assets	203 000	318 000	351 000	311 000
Total Equity	48 000	142 000	134 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	26 000	78 000	137 000
Creditors	0	4 000	9 000	−12 000
Unpaid Taxes	117 000	107 000	92 000	85 000
Dividends	0	0	0	0
Other Current Debt	25 000	19 000	17 000	16 000
Total Current Debt	155 000	150 000	139 000	89 000
Total Equity and Debt	203 000	318 000	351 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,5 %	19,01 %	59,7 %	−40,48 %
Debt-to-Equity Ratio	0	0,18	0,58	1,63
Operating Profit Margin	1,3 %	5,28 %	12,32 %	−5,57 %
Current Ratio	0,81	1,03	0,71	0,89
Quick Ratio	0,81	1,03	0,71	0,89
Equity Ratio	0,24	0,45	0,38	0,27
Gross Profit Margin	79,63 %	56,21 %	51,09 %	55,83 %