ØST AREAL AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

35,6 %

Current Ratio

11,28

Debt-to-Equity Ratio

4,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 463 000	1 489 000	1 618 000	1 385 000
Net Income	1 602 000	240 000	133 000	117 000
Total Assets	24 256 000	22 174 000	22 316 000	22 381 000
Total Equity	4 500 000	2 761 000	2 475 000	2 196 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 463 000	1 489 000	1 618 000	1 385 000
Expenditure	806 000	795 000	1 123 000	770 000
Operating Profit	2 657 000	694 000	495 000	615 000
Financial Income	3 000	2 000	2 000	2 000
Financial Costs	605 000	388 000	327 000	467 000
Financial Balance	−602 000	−386 000	−325 000	−465 000
Earnings Before Tax	2 054 000	308 000	170 000	150 000
Tax	452 000	67 000	37 000	33 000
Net Income	1 602 000	240 000	133 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 281 000	20 721 000	21 091 000	21 145 000
Total Current Assets	4 975 000	1 453 000	1 225 000	1 236 000
Total Assets	24 256 000	22 174 000	22 316 000	22 381 000
Total Retained Equity	3 352 000	1 750 000	1 509 000	1 377 000
Total Equity	4 500 000	2 761 000	2 475 000	2 196 000
Total Long-Term Debt	19 314 000	19 177 000	19 563 000	19 919 000
Total Current Debt	441 000	236 000	278 000	266 000
Total Equity and Debt	24 256 000	22 174 000	22 316 000	22 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 576 000	1 489 000	1 618 000	1 385 000
Other Income	1 887 000	0	0	0
Revenue	3 463 000	1 489 000	1 618 000	1 385 000
Cost of Goods Sold	284 000	248 000	432 000	255 000
Salary Costs	0	0	0	0
Depreciation	249 000	370 000	370 000	340 000
Impairment	0	0	0	0
Expenditure	806 000	795 000	1 123 000	770 000
Operating Profit	2 657 000	694 000	495 000	615 000
Financial Income	3 000	2 000	2 000	2 000
Financial Costs	605 000	388 000	327 000	467 000
Financial Balance	−602 000	−386 000	−325 000	−465 000
Dividends	0	0	0	0
Net Income	1 602 000	240 000	133 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 905 000	11 119 000	11 263 000	11 351 000
Machinery and Plant Facilities	9 291 000	9 499 000	9 707 000	9 655 000
Fixtures	85 000	103 000	121 000	139 000
Total Tangible Assets	19 281 000	20 721 000	21 091 000	21 145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 281 000	20 721 000	21 091 000	21 145 000
Stock	0	0	0	45 000
Total Investments	0	0	0	0
Cash, Bank	1 452 000	1 150 000	622 000	475 000
Total Current Assets	4 975 000	1 453 000	1 225 000	1 236 000
Total Assets	24 256 000	22 174 000	22 316 000	22 381 000
Total Equity	4 500 000	2 761 000	2 475 000	2 196 000
Short-Term Group Debt	0	0	0	19 000
Total Long-Term Debt	19 314 000	19 177 000	19 563 000	19 919 000
Creditors	149 000	118 000	7 000	107 000
Unpaid Taxes	191 000	6 000	118 000	42 000
Dividends	0	0	0	0
Other Current Debt	100 000	112 000	153 000	98 000
Total Current Debt	441 000	236 000	278 000	266 000
Total Equity and Debt	24 256 000	22 174 000	22 316 000	22 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,6 %	8,69 %	5,37 %	5,33 %
Debt-to-Equity Ratio	4,29	6,95	7,9	9,07
Operating Profit Margin	76,73 %	46,61 %	30,59 %	44,4 %
Current Ratio	11,28	6,16	4,41	4,65
Quick Ratio	11,28	6,16	4,41	5,59
Equity Ratio	0,19	0,12	0,11	0,1
Gross Profit Margin	91,8 %	83,34 %	73,3 %	81,59 %