OFSTAD MASKIN AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

66,75 %

Current Ratio

0,61

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 812 000	3 921 000	4 374 000	4 060 000
Net Income	532 000	16 000	44 000	−184 000
Total Assets	3 651 000	2 936 000	2 947 000	1 758 000
Total Equity	797 000	265 000	249 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 812 000	3 921 000	4 374 000	4 060 000
Expenditure	5 033 000	3 994 000	4 088 000	4 238 000
Operating Profit	779 000	−73 000	285 000	−178 000
Financial Income	0	0	0	0
Financial Costs	98 000	100 000	65 000	29 000
Financial Balance	−98 000	−100 000	−65 000	−29 000
Earnings Before Tax	682 000	−173 000	220 000	−206 000
Tax	150 000	−189 000	177 000	−23 000
Net Income	532 000	16 000	44 000	−184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 921 000	2 362 000	2 647 000	1 337 000
Total Current Assets	730 000	574 000	300 000	421 000
Total Assets	3 651 000	2 936 000	2 947 000	1 758 000
Total Retained Equity	697 000	165 000	149 000	105 000
Total Equity	797 000	265 000	249 000	206 000
Total Long-Term Debt	1 657 000	1 824 000	2 210 000	781 000
Total Current Debt	1 197 000	846 000	488 000	772 000
Total Equity and Debt	3 651 000	2 936 000	2 947 000	1 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 118 000	3 921 000	4 053 000	4 060 000
Other Income	694 000	0	321 000	0
Revenue	5 812 000	3 921 000	4 374 000	4 060 000
Cost of Goods Sold	1 168 000	848 000	851 000	437 000
Salary Costs	1 147 000	974 000	993 000	1 220 000
Depreciation	474 000	452 000	333 000	216 000
Impairment	0	0	0	0
Expenditure	5 033 000	3 994 000	4 088 000	4 238 000
Operating Profit	779 000	−73 000	285 000	−178 000
Financial Income	0	0	0	0
Financial Costs	98 000	100 000	65 000	29 000
Financial Balance	−98 000	−100 000	−65 000	−29 000
Dividends	0	0	0	0
Net Income	532 000	16 000	44 000	−184 000

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	2 058 000	2 003 000	2 187 000	0
Fixtures	257 000	331 000	412 000	1 268 000
Total Tangible Assets	2 316 000	2 333 000	2 598 000	1 268 000
Total Fiancial Fixed Assets	606 000	28 000	48 000	68 000
Total Fixed Assets	2 921 000	2 362 000	2 647 000	1 337 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	109 000	181 000	5 000
Total Current Assets	730 000	574 000	300 000	421 000
Total Assets	3 651 000	2 936 000	2 947 000	1 758 000
Total Equity	797 000	265 000	249 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 657 000	1 824 000	2 210 000	781 000
Creditors	1 013 000	664 000	304 000	624 000
Unpaid Taxes	82 000	98 000	96 000	42 000
Dividends	0	0	0	0
Other Current Debt	101 000	85 000	87 000	106 000
Total Current Debt	1 197 000	846 000	488 000	772 000
Total Equity and Debt	3 651 000	2 936 000	2 947 000	1 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,75 %	6,04 %	17,67 %	−89,32 %
Debt-to-Equity Ratio	2,08	6,88	8,88	3,79
Operating Profit Margin	13,4 %	−1,86 %	6,52 %	−4,38 %
Current Ratio	0,61	0,68	0,61	0,55
Quick Ratio	0,61	0,68	0,61	0,55
Equity Ratio	0,22	0,09	0,08	0,12
Gross Profit Margin	79,9 %	78,37 %	80,54 %	89,24 %