ØSTLANDET KERAMISKE AS

1369 STABEKK

Finances

Share Ownership

Return on Equity

1,5 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 524 000	16 109 000	14 757 000	16 635 000
Net Income	−34 000	−1 417 000	−1 036 000	433 000
Total Assets	1 811 000	1 752 000	2 246 000	2 531 000
Total Equity	−2 274 000	−2 240 000	−823 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 524 000	16 109 000	14 757 000	16 635 000
Expenditure	14 374 000	17 247 000	16 007 000	16 068 000
Operating Profit	149 000	−1 137 000	−1 250 000	567 000
Financial Income	1 000	12 000	0	0
Financial Costs	184 000	101 000	78 000	7 000
Financial Balance	−183 000	−89 000	−78 000	−7 000
Earnings Before Tax	−34 000	−1 226 000	−1 328 000	561 000
Tax	0	191 000	−292 000	128 000
Net Income	−34 000	−1 417 000	−1 036 000	433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 122 000	1 191 000	1 091 000	317 000
Total Current Assets	689 000	562 000	1 154 000	2 214 000
Total Assets	1 811 000	1 752 000	2 246 000	2 531 000
Total Retained Equity	−2 362 000	−2 328 000	−911 000	126 000
Total Equity	−2 274 000	−2 240 000	−823 000	213 000
Total Long-Term Debt	1 448 000	706 000	564 000	0
Total Current Debt	2 637 000	3 287 000	2 505 000	2 318 000
Total Equity and Debt	1 811 000	1 752 000	2 246 000	2 531 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 524 000	16 101 000	14 616 000	16 635 000
Other Income	0	9 000	141 000	0
Revenue	14 524 000	16 109 000	14 757 000	16 635 000
Cost of Goods Sold	8 179 000	10 326 000	9 147 000	11 608 000
Salary Costs	2 702 000	2 471 000	3 635 000	2 410 000
Depreciation	369 000	261 000	170 000	65 000
Impairment	0	0	0	0
Expenditure	14 374 000	17 247 000	16 007 000	16 068 000
Operating Profit	149 000	−1 137 000	−1 250 000	567 000
Financial Income	1 000	12 000	0	0
Financial Costs	184 000	101 000	78 000	7 000
Financial Balance	−183 000	−89 000	−78 000	−7 000
Dividends	0	0	0	210 000
Net Income	−34 000	−1 417 000	−1 036 000	433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	191 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	215 000
Fixtures	1 122 000	1 128 000	837 000	98 000
Total Tangible Assets	1 122 000	1 128 000	837 000	314 000
Total Fiancial Fixed Assets	0	63 000	63 000	0
Total Fixed Assets	1 122 000	1 191 000	1 091 000	317 000
Stock	29 000	33 000	64 000	66 000
Total Investments	0	0	0	0
Cash, Bank	53 000	77 000	100 000	808 000
Total Current Assets	689 000	562 000	1 154 000	2 214 000
Total Assets	1 811 000	1 752 000	2 246 000	2 531 000
Total Equity	−2 274 000	−2 240 000	−823 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 448 000	706 000	564 000	0
Creditors	1 296 000	1 950 000	1 222 000	1 170 000
Unpaid Taxes	272 000	161 000	688 000	542 000
Dividends	0	0	0	210 000
Other Current Debt	417 000	467 000	594 000	292 000
Total Current Debt	2 637 000	3 287 000	2 505 000	2 318 000
Total Equity and Debt	1 811 000	1 752 000	2 246 000	2 531 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,5 %	63,26 %	125,88 %	203,29 %
Debt-to-Equity Ratio	−0,64	−0,32	−0,69	0
Operating Profit Margin	1,03 %	−7,06 %	−8,47 %	3,41 %
Current Ratio	0,26	0,17	0,46	0,96
Quick Ratio	0,26	0,17	0,47	0,98
Equity Ratio	−1,26	−1,28	−0,37	0,08
Gross Profit Margin	43,69 %	35,9 %	38,02 %	30,22 %