ØSTENSTAD KVALITETSSTYRING AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

29,41 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	841 000	898 000	835 000	915 000
Net Income	25 000	−15 000	8 000	5 000
Total Assets	281 000	287 000	211 000	225 000
Total Equity	85 000	60 000	75 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	841 000	898 000	835 000	915 000
Expenditure	812 000	914 000	824 000	909 000
Operating Profit	28 000	−16 000	11 000	7 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	1 000
Earnings Before Tax	29 000	−15 000	11 000	7 000
Tax	4 000	0	3 000	2 000
Net Income	25 000	−15 000	8 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	281 000	287 000	211 000	225 000
Total Assets	281 000	287 000	211 000	225 000
Total Retained Equity	55 000	30 000	45 000	36 000
Total Equity	85 000	60 000	75 000	66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	196 000	227 000	137 000	159 000
Total Equity and Debt	281 000	287 000	211 000	225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	841 000	893 000	834 000	915 000
Other Income	0	5 000	0	0
Revenue	841 000	898 000	835 000	915 000
Cost of Goods Sold	0	0	0	0
Salary Costs	696 000	790 000	712 000	790 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	812 000	914 000	824 000	909 000
Operating Profit	28 000	−16 000	11 000	7 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	25 000	−15 000	8 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	143 000	116 000	155 000
Total Current Assets	281 000	287 000	211 000	225 000
Total Assets	281 000	287 000	211 000	225 000
Total Equity	85 000	60 000	75 000	66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	39 000	0	4 000
Unpaid Taxes	62 000	75 000	41 000	48 000
Dividends	0	0	0	0
Other Current Debt	117 000	113 000	93 000	105 000
Total Current Debt	196 000	227 000	137 000	159 000
Total Equity and Debt	281 000	287 000	211 000	225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,41 %	−25 %	10,67 %	7,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,33 %	−1,78 %	1,32 %	0,77 %
Current Ratio	1,43	1,26	1,54	1,42
Quick Ratio	1,43	1,26	1,54	1,42
Equity Ratio	0,3	0,21	0,36	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %