O OFSTAD & CO AS

7014 TRONDHEIM

Finances

Return on Equity

−4,44 %

Current Ratio

15,82

Debt-to-Equity Ratio

−2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	829 000	761 000	849 000	847 000
Net Income	73 000	−30 000	242 000	71 000
Total Assets	2 800 000	2 848 000	3 080 000	3 007 000
Total Equity	−1 643 000	−1 717 000	−1 687 000	−1 929 000

Income (NOK)	2022	2021	2020	2019
Revenue	829 000	761 000	849 000	847 000
Expenditure	599 000	669 000	471 000	628 000
Operating Profit	231 000	92 000	378 000	220 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	158 000	122 000	138 000	151 000
Financial Balance	−158 000	−121 000	−136 000	−149 000
Earnings Before Tax	73 000	−30 000	242 000	71 000
Tax	0	0	0	0
Net Income	73 000	−30 000	242 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 930 000	1 979 000	2 001 000	1 994 000
Total Current Assets	870 000	869 000	1 079 000	1 012 000
Total Assets	2 800 000	2 848 000	3 080 000	3 007 000
Total Retained Equity	−1 743 000	−1 817 000	−1 787 000	−2 029 000
Total Equity	−1 643 000	−1 717 000	−1 687 000	−1 929 000
Total Long-Term Debt	4 388 000	4 477 000	4 660 000	4 842 000
Total Current Debt	55 000	88 000	107 000	94 000
Total Equity and Debt	2 800 000	2 848 000	3 080 000	3 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	829 000	761 000	849 000	847 000
Revenue	829 000	761 000	849 000	847 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	170 000	312 000	170 000	50 000
Depreciation	49 000	64 000	41 000	65 000
Impairment	0	0	0	0
Expenditure	599 000	669 000	471 000	628 000
Operating Profit	231 000	92 000	378 000	220 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	158 000	122 000	138 000	151 000
Financial Balance	−158 000	−121 000	−136 000	−149 000
Dividends	0	0	0	0
Net Income	73 000	−30 000	242 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	239 000	1 907 000	1 956 000	1 994 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 691 000	72 000	45 000	0
Total Tangible Assets	1 930 000	1 979 000	2 001 000	1 994 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 930 000	1 979 000	2 001 000	1 994 000
Stock	0	0	0	0
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	46 000	68 000	251 000	175 000
Total Current Assets	870 000	869 000	1 079 000	1 012 000
Total Assets	2 800 000	2 848 000	3 080 000	3 007 000
Total Equity	−1 643 000	−1 717 000	−1 687 000	−1 929 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 388 000	4 477 000	4 660 000	4 842 000
Creditors	17 000	16 000	38 000	38 000
Unpaid Taxes	12 000	11 000	39 000	0
Dividends	0	0	0	0
Other Current Debt	27 000	61 000	30 000	55 000
Total Current Debt	55 000	88 000	107 000	94 000
Total Equity and Debt	2 800 000	2 848 000	3 080 000	3 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,44 %	1,75 %	−14,34 %	−3,68 %
Debt-to-Equity Ratio	−2,67	−2,61	−2,76	−2,51
Operating Profit Margin	27,86 %	12,09 %	44,52 %	25,97 %
Current Ratio	15,82	9,88	10,08	10,77
Quick Ratio	15,82	9,88	10,08	10,77
Equity Ratio	−0,59	−0,6	−0,55	−0,64
Gross Profit Margin	100 %	100 %	100 %	99,53 %