ØSTVOLD AS

5590 ETNE

Finances

Share Ownership

Return on Equity

13 700 %

Current Ratio

0,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	381 000	424 000	7 000	63 000
Net Income	137 000	−95 000	−56 000	12 000
Total Assets	221 000	90 000	21 000	12 000
Total Equity	1 000	−136 000	−41 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	381 000	424 000	7 000	63 000
Expenditure	244 000	518 000	64 000	52 000
Operating Profit	137 000	−95 000	−56 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	137 000	−95 000	−56 000	12 000
Tax	0	0	0	0
Net Income	137 000	−95 000	−56 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	28 000	0	0
Total Current Assets	199 000	62 000	21 000	12 000
Total Assets	221 000	90 000	21 000	12 000
Total Retained Equity	−29 000	−166 000	−71 000	−14 000
Total Equity	1 000	−136 000	−41 000	16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	220 000	226 000	62 000	−4 000
Total Equity and Debt	221 000	90 000	21 000	12 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	381 000	419 000	7 000	63 000
Other Income	0	5 000	0	0
Revenue	381 000	424 000	7 000	63 000
Cost of Goods Sold	66 000	173 000	8 000	2 000
Salary Costs	12 000	165 000	1 000	0
Depreciation	6 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	244 000	518 000	64 000	52 000
Operating Profit	137 000	−95 000	−56 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	137 000	−95 000	−56 000	12 000

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	22 000	28 000	0	0
Total Tangible Assets	22 000	28 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	28 000	0	0
Stock	7 000	13 000	0	0
Total Investments	0	0	0	0
Cash, Bank	185 000	43 000	10 000	12 000
Total Current Assets	199 000	62 000	21 000	12 000
Total Assets	221 000	90 000	21 000	12 000
Total Equity	1 000	−136 000	−41 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	7 000	0	0
Unpaid Taxes	66 000	28 000	0	−4 000
Dividends	0	0	0	0
Other Current Debt	143 000	191 000	62 000	0
Total Current Debt	220 000	226 000	62 000	−4 000
Total Equity and Debt	221 000	90 000	21 000	12 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13 700 %	69,85 %	136,59 %	75 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	35,96 %	−22,41 %	−800 %	19,05 %
Current Ratio	0,9	0,27	0,34	−3
Quick Ratio	0,93	0,29	0,34	−3
Equity Ratio	0	−1,51	−1,95	1,33
Gross Profit Margin	82,68 %	59,2 %	−14,29 %	96,83 %