ØSTLANDSGARASJEN AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

56,71 %

Current Ratio

4,35

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 686 000	1 851 000	1 051 000	4 974 000
Net Income	338 000	315 000	143 000	−2 058 000
Total Assets	882 000	510 000	1 878 000	140 000
Total Equity	596 000	258 000	−57 000	−2 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 686 000	1 851 000	1 051 000	4 974 000
Expenditure	1 253 000	1 447 000	905 000	6 929 000
Operating Profit	433 000	405 000	146 000	−1 955 000
Financial Income	0	0	0	0
Financial Costs	1 000	6 000	4 000	103 000
Financial Balance	−1 000	−6 000	−4 000	−103 000
Earnings Before Tax	433 000	399 000	143 000	−2 058 000
Tax	95 000	85 000	0	0
Net Income	338 000	315 000	143 000	−2 058 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	0	0	0
Total Current Assets	814 000	510 000	1 878 000	140 000
Total Assets	882 000	510 000	1 878 000	140 000
Total Retained Equity	566 000	228 000	−87 000	−2 064 000
Total Equity	596 000	258 000	−57 000	−2 034 000
Total Long-Term Debt	99 000	99 000	1 583 000	1 989 000
Total Current Debt	187 000	153 000	353 000	185 000
Total Equity and Debt	882 000	510 000	1 878 000	140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 686 000	1 851 000	1 051 000	4 744 000
Other Income	0	0	0	230 000
Revenue	1 686 000	1 851 000	1 051 000	4 974 000
Cost of Goods Sold	1 182 000	1 382 000	825 000	4 332 000
Salary Costs	0	0	0	1 611 000
Depreciation	17 000	0	0	17 000
Impairment	0	0	0	0
Expenditure	1 253 000	1 447 000	905 000	6 929 000
Operating Profit	433 000	405 000	146 000	−1 955 000
Financial Income	0	0	0	0
Financial Costs	1 000	6 000	4 000	103 000
Financial Balance	−1 000	−6 000	−4 000	−103 000
Dividends	0	0	0	0
Net Income	338 000	315 000	143 000	−2 058 000

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	68 000	0	0	0
Total Tangible Assets	68 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	643 000	328 000	2 000	22 000
Total Current Assets	814 000	510 000	1 878 000	140 000
Total Assets	882 000	510 000	1 878 000	140 000
Total Equity	596 000	258 000	−57 000	−2 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	99 000	1 583 000	1 989 000
Creditors	47 000	42 000	178 000	54 000
Unpaid Taxes	45 000	0	0	70 000
Dividends	0	0	0	0
Other Current Debt	0	27 000	84 000	61 000
Total Current Debt	187 000	153 000	353 000	185 000
Total Equity and Debt	882 000	510 000	1 878 000	140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,71 %	122,09 %	−250,88 %	101,18 %
Debt-to-Equity Ratio	0,17	0,38	−27,77	−0,98
Operating Profit Margin	25,68 %	21,88 %	13,89 %	−39,3 %
Current Ratio	4,35	3,33	5,32	0,76
Quick Ratio	4,35	3,33	5,32	0,76
Equity Ratio	0,68	0,51	−0,03	−14,53
Gross Profit Margin	29,89 %	25,34 %	21,5 %	12,91 %