OISANN ENGINEERING AS

5252 SØREIDGREND

Finances

Share Ownership

Return on Equity

406,94 %

Current Ratio

3,34

Debt-to-Equity Ratio

−4,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	412 000	2 549 000	1 554 000	808 000
Net Income	−2 169 000	−1 249 000	−392 000	−9 000
Total Assets	2 244 000	3 948 000	4 512 000	857 000
Total Equity	−533 000	1 026 000	2 274 000	416 000

Income (NOK)	2022	2021	2020	2019
Revenue	412 000	2 549 000	1 554 000	808 000
Expenditure	2 653 000	3 838 000	1 930 000	794 000
Operating Profit	−2 242 000	−1 289 000	−376 000	14 000
Financial Income	0	0	0	−2 000
Financial Costs	7 000	−40 000	16 000	20 000
Financial Balance	−7 000	40 000	−16 000	−22 000
Earnings Before Tax	−2 249 000	−1 249 000	−392 000	−9 000
Tax	−80 000	0	0	0
Net Income	−2 169 000	−1 249 000	−392 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 010 000	2 941 000	1 518 000	615 000
Total Current Assets	1 234 000	1 008 000	2 993 000	242 000
Total Assets	2 244 000	3 948 000	4 512 000	857 000
Total Retained Equity	−3 417 000	−1 249 000	0	392 000
Total Equity	−533 000	1 026 000	2 274 000	416 000
Total Long-Term Debt	2 407 000	2 407 000	2 390 000	59 000
Total Current Debt	370 000	515 000	−153 000	381 000
Total Equity and Debt	2 244 000	3 948 000	4 512 000	857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	412 000	0	374 000	348 000
Other Income	0	2 549 000	1 181 000	461 000
Revenue	412 000	2 549 000	1 554 000	808 000
Cost of Goods Sold	139 000	195 000	0	0
Salary Costs	1 071 000	1 940 000	1 168 000	282 000
Depreciation	303 000	317 000	120 000	74 000
Impairment	0	0	0	0
Expenditure	2 653 000	3 838 000	1 930 000	794 000
Operating Profit	−2 242 000	−1 289 000	−376 000	14 000
Financial Income	0	0	0	−2 000
Financial Costs	7 000	−40 000	16 000	20 000
Financial Balance	−7 000	40 000	−16 000	−22 000
Dividends	0	0	0	0
Net Income	−2 169 000	−1 249 000	−392 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	936 000	926 000	1 064 000	527 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	1 049 000	55 000	0
Fixtures	74 000	83 000	0	0
Total Tangible Assets	74 000	1 131 000	376 000	0
Total Fiancial Fixed Assets	0	883 000	79 000	88 000
Total Fixed Assets	1 010 000	2 941 000	1 518 000	615 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	763 000	2 660 000	234 000
Total Current Assets	1 234 000	1 008 000	2 993 000	242 000
Total Assets	2 244 000	3 948 000	4 512 000	857 000
Total Equity	−533 000	1 026 000	2 274 000	416 000
Short-Term Group Debt	0	0	−445 000	196 000
Total Long-Term Debt	2 407 000	2 407 000	2 390 000	59 000
Creditors	10 000	139 000	25 000	20 000
Unpaid Taxes	107 000	28 000	82 000	96 000
Dividends	0	0	0	0
Other Current Debt	253 000	348 000	185 000	69 000
Total Current Debt	370 000	515 000	−153 000	381 000
Total Equity and Debt	2 244 000	3 948 000	4 512 000	857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	406,94 %	−121,73 %	−17,24 %	−2,16 %
Debt-to-Equity Ratio	−4,52	2,35	1,05	0,14
Operating Profit Margin	−544,17 %	−50,57 %	−24,2 %	1,73 %
Current Ratio	3,34	1,96	−19,56	0,64
Quick Ratio	3,34	1,96	−19,56	0,64
Equity Ratio	−0,24	0,26	0,5	0,49
Gross Profit Margin	66,26 %	92,35 %	100 %	100 %