S ØSTENSEN & SØNNER AS

5430 BREMNES

Finances

Return on Equity

19,88 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 917 000	13 937 000	12 200 000	15 160 000
Net Income	275 000	537 000	44 000	−2 414 000
Total Assets	9 067 000	7 860 000	6 485 000	5 982 000
Total Equity	1 383 000	1 109 000	572 000	−533 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 917 000	13 937 000	12 200 000	15 160 000
Expenditure	14 492 000	13 335 000	12 073 000	17 500 000
Operating Profit	424 000	602 000	126 000	−2 340 000
Financial Income	5 000	6 000	7 000	2 000
Financial Costs	155 000	71 000	89 000	76 000
Financial Balance	−150 000	−65 000	−82 000	−74 000
Earnings Before Tax	275 000	537 000	44 000	−2 414 000
Tax	0	0	0	0
Net Income	275 000	537 000	44 000	−2 414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	247 000	249 000	250 000
Total Current Assets	8 857 000	7 613 000	6 236 000	5 732 000
Total Assets	9 067 000	7 860 000	6 485 000	5 982 000
Total Retained Equity	833 000	558 000	21 000	−1 043 000
Total Equity	1 383 000	1 109 000	572 000	−533 000
Total Long-Term Debt	1 377 000	1 319 000	1 305 000	2 417 000
Total Current Debt	6 307 000	5 432 000	4 608 000	4 098 000
Total Equity and Debt	9 067 000	7 860 000	6 485 000	5 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 917 000	13 937 000	12 200 000	15 133 000
Other Income	0	0	0	27 000
Revenue	14 917 000	13 937 000	12 200 000	15 160 000
Cost of Goods Sold	8 290 000	7 695 000	6 915 000	10 800 000
Salary Costs	3 690 000	3 676 000	3 521 000	4 644 000
Depreciation	37 000	36 000	31 000	20 000
Impairment	0	0	0	0
Expenditure	14 492 000	13 335 000	12 073 000	17 500 000
Operating Profit	424 000	602 000	126 000	−2 340 000
Financial Income	5 000	6 000	7 000	2 000
Financial Costs	155 000	71 000	89 000	76 000
Financial Balance	−150 000	−65 000	−82 000	−74 000
Dividends	0	0	0	0
Net Income	275 000	537 000	44 000	−2 414 000

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	124 000	161 000	162 000	164 000
Total Tangible Assets	124 000	161 000	162 000	164 000
Total Fiancial Fixed Assets	86 000	86 000	86 000	86 000
Total Fixed Assets	210 000	247 000	249 000	250 000
Stock	8 263 000	6 973 000	5 954 000	5 366 000
Total Investments	0	0	0	0
Cash, Bank	150 000	155 000	23 000	238 000
Total Current Assets	8 857 000	7 613 000	6 236 000	5 732 000
Total Assets	9 067 000	7 860 000	6 485 000	5 982 000
Total Equity	1 383 000	1 109 000	572 000	−533 000
Short-Term Group Debt	1 880 000	1 474 000	0	0
Total Long-Term Debt	1 377 000	1 319 000	1 305 000	2 417 000
Creditors	1 394 000	965 000	1 433 000	1 012 000
Unpaid Taxes	593 000	772 000	648 000	741 000
Dividends	0	0	0	0
Other Current Debt	1 150 000	866 000	1 190 000	985 000
Total Current Debt	6 307 000	5 432 000	4 608 000	4 098 000
Total Equity and Debt	9 067 000	7 860 000	6 485 000	5 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,88 %	48,42 %	7,69 %	452,91 %
Debt-to-Equity Ratio	1	1,19	2,28	−4,53
Operating Profit Margin	2,84 %	4,32 %	1,03 %	−15,44 %
Current Ratio	1,4	1,4	1,35	1,4
Quick Ratio	−4,53	−4,94	−4,63	−4,52
Equity Ratio	0,15	0,14	0,09	−0,09
Gross Profit Margin	44,43 %	44,79 %	43,32 %	28,76 %