ØSTRAADT HANDEL AS

4307 SANDNES

Finances

Return on Equity

−1,27 %

Current Ratio

5,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 662 000	2 125 000	2 191 000	2 197 000
Net Income	−157 000	−131 000	−72 000	−40 000
Total Assets	12 857 000	13 210 000	13 264 000	13 453 000
Total Equity	12 343 000	12 501 000	12 631 000	12 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 662 000	2 125 000	2 191 000	2 197 000
Expenditure	3 321 000	2 558 000	2 596 000	2 622 000
Operating Profit	−659 000	−434 000	−404 000	−426 000
Financial Income	463 000	271 000	320 000	385 000
Financial Costs	6 000	4 000	5 000	6 000
Financial Balance	457 000	267 000	315 000	379 000
Earnings Before Tax	−202 000	−167 000	−89 000	−47 000
Tax	−44 000	−37 000	−17 000	−7 000
Net Income	−157 000	−131 000	−72 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 108 000	10 074 000	10 045 000	73 000
Total Current Assets	2 749 000	3 135 000	3 219 000	13 381 000
Total Assets	12 857 000	13 210 000	13 264 000	13 453 000
Total Retained Equity	0	0	84 000	156 000
Total Equity	12 343 000	12 501 000	12 631 000	12 703 000
Total Long-Term Debt	0	0	0	11 000
Total Current Debt	514 000	709 000	633 000	739 000
Total Equity and Debt	12 857 000	13 210 000	13 264 000	13 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 662 000	2 125 000	2 191 000	2 197 000
Other Income	0	0	0	0
Revenue	2 662 000	2 125 000	2 191 000	2 197 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 290 000	1 321 000	1 304 000	1 282 000
Depreciation	11 000	34 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	3 321 000	2 558 000	2 596 000	2 622 000
Operating Profit	−659 000	−434 000	−404 000	−426 000
Financial Income	463 000	271 000	320 000	385 000
Financial Costs	6 000	4 000	5 000	6 000
Financial Balance	457 000	267 000	315 000	379 000
Dividends	0	0	0	0
Net Income	−157 000	−131 000	−72 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	87 000	43 000	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 000	32 000	39 000	73 000
Fixtures	0	0	0	0
Total Tangible Assets	21 000	32 000	39 000	73 000
Total Fiancial Fixed Assets	10 000 000	10 000 000	10 000 000	0
Total Fixed Assets	10 108 000	10 074 000	10 045 000	73 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 139 000	2 312 000	2 740 000	2 087 000
Total Current Assets	2 749 000	3 135 000	3 219 000	13 381 000
Total Assets	12 857 000	13 210 000	13 264 000	13 453 000
Total Equity	12 343 000	12 501 000	12 631 000	12 703 000
Short-Term Group Debt	0	0	338 000	298 000
Total Long-Term Debt	0	0	0	11 000
Creditors	243 000	433 000	36 000	72 000
Unpaid Taxes	95 000	108 000	112 000	165 000
Dividends	0	0	0	0
Other Current Debt	176 000	168 000	147 000	204 000
Total Current Debt	514 000	709 000	633 000	739 000
Total Equity and Debt	12 857 000	13 210 000	13 264 000	13 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,27 %	−1,05 %	−0,57 %	−0,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,76 %	−20,42 %	−18,44 %	−19,39 %
Current Ratio	5,35	4,42	5,09	18,11
Quick Ratio	5,35	4,42	5,09	18,11
Equity Ratio	0,96	0,95	0,95	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %