OESTVIK ENERGY AS

5096 BERGEN

Finances

Share Ownership

Return on Equity

27,62 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 291 000	3 028 000	2 755 000	1 999 000
Net Income	79 000	69 000	157 000	−134 000
Total Assets	697 000	781 000	633 000	350 000
Total Equity	286 000	357 000	289 000	132 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 291 000	3 028 000	2 755 000	1 999 000
Expenditure	3 146 000	2 924 000	2 600 000	2 135 000
Operating Profit	144 000	103 000	155 000	−137 000
Financial Income	5 000	5 000	3 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	5 000	5 000	2 000	2 000
Earnings Before Tax	149 000	107 000	157 000	−134 000
Tax	70 000	39 000	0	0
Net Income	79 000	69 000	157 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	6 000
Total Current Assets	697 000	781 000	633 000	344 000
Total Assets	697 000	781 000	633 000	350 000
Total Retained Equity	262 000	334 000	265 000	108 000
Total Equity	286 000	357 000	289 000	132 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	411 000	424 000	344 000	218 000
Total Equity and Debt	697 000	781 000	633 000	350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 291 000	3 028 000	2 755 000	1 999 000
Other Income	0	0	0	0
Revenue	3 291 000	3 028 000	2 755 000	1 999 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 690 000	2 593 000	2 460 000	1 752 000
Depreciation	0	0	6 000	3 000
Impairment	0	0	0	0
Expenditure	3 146 000	2 924 000	2 600 000	2 135 000
Operating Profit	144 000	103 000	155 000	−137 000
Financial Income	5 000	5 000	3 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	5 000	5 000	2 000	2 000
Dividends	150 000	0	0	0
Net Income	79 000	69 000	157 000	−134 000

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	6 000
Total Tangible Assets	0	0	0	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	456 000	307 000	126 000
Total Current Assets	697 000	781 000	633 000	344 000
Total Assets	697 000	781 000	633 000	350 000
Total Equity	286 000	357 000	289 000	132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	11 000	11 000	19 000
Unpaid Taxes	323 000	374 000	333 000	198 000
Dividends	150 000	0	0	0
Other Current Debt	1 000	0	0	1 000
Total Current Debt	411 000	424 000	344 000	218 000
Total Equity and Debt	697 000	781 000	633 000	350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,62 %	19,33 %	54,33 %	−101,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,38 %	3,4 %	5,63 %	−6,85 %
Current Ratio	1,7	1,84	1,84	1,58
Quick Ratio	1,7	1,84	1,84	1,58
Equity Ratio	0,41	0,46	0,46	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %