ØSTFOLK AS

1162 OSLO

Finances

Share Ownership

Return on Equity

−103,62 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 484 000	2 844 000	900 000	3 551 000
Net Income	716 000	302 000	3 000	263 000
Total Assets	362 000	2 235 000	1 767 000	2 006 000
Total Equity	−691 000	−1 407 000	−1 687 000	−1 960 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 484 000	2 844 000	900 000	3 551 000
Expenditure	2 741 000	2 520 000	889 000	3 248 000
Operating Profit	743 000	324 000	11 000	302 000
Financial Income	0	0	0	0
Financial Costs	26 000	22 000	8 000	40 000
Financial Balance	−26 000	−22 000	−8 000	−40 000
Earnings Before Tax	716 000	302 000	3 000	263 000
Tax	0	0	0	0
Net Income	716 000	302 000	3 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 595 000	1 595 000	1 643 000
Total Current Assets	362 000	640 000	172 000	363 000
Total Assets	362 000	2 235 000	1 767 000	2 006 000
Total Retained Equity	−721 000	−1 437 000	−1 717 000	−1 990 000
Total Equity	−691 000	−1 407 000	−1 687 000	−1 960 000
Total Long-Term Debt	603 000	3 341 000	3 341 000	3 591 000
Total Current Debt	449 000	301 000	112 000	374 000
Total Equity and Debt	362 000	2 235 000	1 767 000	2 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 484 000	2 844 000	900 000	3 551 000
Other Income	0	0	0	0
Revenue	3 484 000	2 844 000	900 000	3 551 000
Cost of Goods Sold	1 753 000	1 434 000	742 000	1 023 000
Salary Costs	1 269 000	565 000	−2 000	1 691 000
Depreciation	0	0	48 000	138 000
Impairment	0	0	0	0
Expenditure	2 741 000	2 520 000	889 000	3 248 000
Operating Profit	743 000	324 000	11 000	302 000
Financial Income	0	0	0	0
Financial Costs	26 000	22 000	8 000	40 000
Financial Balance	−26 000	−22 000	−8 000	−40 000
Dividends	0	0	0	0
Net Income	716 000	302 000	3 000	263 000

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	48 000
Total Tangible Assets	0	0	0	48 000
Total Fiancial Fixed Assets	0	1 595 000	1 595 000	1 595 000
Total Fixed Assets	0	1 595 000	1 595 000	1 643 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	252 000	516 000	130 000	321 000
Total Current Assets	362 000	640 000	172 000	363 000
Total Assets	362 000	2 235 000	1 767 000	2 006 000
Total Equity	−691 000	−1 407 000	−1 687 000	−1 960 000
Short-Term Group Debt	0	27 000	0	15 000
Total Long-Term Debt	603 000	3 341 000	3 341 000	3 591 000
Creditors	328 000	127 000	20 000	102 000
Unpaid Taxes	26 000	14 000	10 000	54 000
Dividends	0	0	0	0
Other Current Debt	94 000	133 000	83 000	203 000
Total Current Debt	449 000	301 000	112 000	374 000
Total Equity and Debt	362 000	2 235 000	1 767 000	2 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−103,62 %	−21,46 %	−0,18 %	−13,42 %
Debt-to-Equity Ratio	−0,87	−2,37	−1,98	−1,83
Operating Profit Margin	21,33 %	11,39 %	1,22 %	8,5 %
Current Ratio	0,81	2,13	1,54	0,97
Quick Ratio	0,81	2,13	1,54	0,97
Equity Ratio	−1,91	−0,63	−0,95	−0,98
Gross Profit Margin	49,68 %	49,58 %	17,56 %	71,19 %