ØSTLANDSKE AS

1475 FINSTADJORDET

Finances

Share Ownership

Return on Equity

−1,68 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	4 337 000	4 148 000
Net Income	−225 000	−94 000	−4 472 000	54 000
Total Assets	20 828 000	13 598 000	13 692 000	21 019 000
Total Equity	13 373 000	13 598 000	4 942 000	9 414 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	4 337 000	4 148 000
Expenditure	289 000	120 000	677 000	3 957 000
Operating Profit	−289 000	−120 000	3 660 000	191 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	126 000	123 000
Financial Balance	0	0	−126 000	−122 000
Earnings Before Tax	−289 000	−120 000	3 535 000	69 000
Tax	−64 000	−26 000	778 000	15 000
Net Income	−225 000	−94 000	−4 472 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 826 000	13 589 000	13 562 000	20 979 000
Total Current Assets	2 000	10 000	130 000	39 000
Total Assets	20 828 000	13 598 000	13 692 000	21 019 000
Total Retained Equity	−5 627 000	−5 402 000	−5 308 000	−836 000
Total Equity	13 373 000	13 598 000	4 942 000	9 414 000
Total Long-Term Debt	7 455 000	0	8 750 000	11 541 000
Total Current Debt	0	0	0	64 000
Total Equity and Debt	20 828 000	13 598 000	13 692 000	21 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 998 000	3 657 000
Other Income	0	0	339 000	491 000
Revenue	0	0	4 337 000	4 148 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	289 000	120 000	677 000	3 957 000
Operating Profit	−289 000	−120 000	3 660 000	191 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	126 000	123 000
Financial Balance	0	0	−126 000	−122 000
Dividends	0	0	0	0
Net Income	−225 000	−94 000	−4 472 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 652 000	1 589 000	1 562 000	301 000
Real Eastate	19 174 000	12 000 000	12 000 000	20 678 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 174 000	12 000 000	12 000 000	20 678 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 826 000	13 589 000	13 562 000	20 979 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	10 000	130 000	34 000
Total Current Assets	2 000	10 000	130 000	39 000
Total Assets	20 828 000	13 598 000	13 692 000	21 019 000
Total Equity	13 373 000	13 598 000	4 942 000	9 414 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 455 000	0	8 750 000	11 541 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	60 000
Total Current Debt	0	0	0	64 000
Total Equity and Debt	20 828 000	13 598 000	13 692 000	21 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,68 %	−0,69 %	−90,49 %	0,57 %
Debt-to-Equity Ratio	0,56	0	1,77	1,23
Operating Profit Margin	-	-	84,39 %	4,6 %
Current Ratio	-	-	-	0,61
Quick Ratio	-	-	-	0,61
Equity Ratio	0,64	1	0,36	0,45
Gross Profit Margin	-	-	100 %	100 %