ØSTFOLD HVITEVAREMONTERING AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

13,89 %

Current Ratio

−6,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	100 000	69 000	92 000
Net Income	20 000	34 000	27 000	22 000
Total Assets	126 000	100 000	68 000	81 000
Total Equity	144 000	125 000	91 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	100 000	69 000	92 000
Expenditure	65 000	64 000	43 000	61 000
Operating Profit	25 000	36 000	25 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	25 000	36 000	25 000	31 000
Tax	6 000	2 000	−1 000	9 000
Net Income	20 000	34 000	27 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	28 000	37 000	48 000
Total Current Assets	112 000	72 000	31 000	33 000
Total Assets	126 000	100 000	68 000	81 000
Total Retained Equity	114 000	95 000	61 000	34 000
Total Equity	144 000	125 000	91 000	64 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−18 000	−24 000	−22 000	17 000
Total Equity and Debt	126 000	100 000	68 000	81 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 000	100 000	69 000	92 000
Other Income	0	0	0	0
Revenue	90 000	100 000	69 000	92 000
Cost of Goods Sold	1 000	4 000	0	6 000
Salary Costs	0	0	0	0
Depreciation	14 000	9 000	11 000	14 000
Impairment	0	0	0	0
Expenditure	65 000	64 000	43 000	61 000
Operating Profit	25 000	36 000	25 000	31 000
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	20 000	34 000	27 000	22 000

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	14 000	28 000	37 000	48 000
Total Tangible Assets	14 000	28 000	37 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	28 000	37 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	100 000	67 000	26 000	18 000
Total Current Assets	112 000	72 000	31 000	33 000
Total Assets	126 000	100 000	68 000	81 000
Total Equity	144 000	125 000	91 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	5 000
Unpaid Taxes	−2 000	14 000	12 000	6 000
Dividends	0	0	0	0
Other Current Debt	−22 000	−39 000	−33 000	−1 000
Total Current Debt	−18 000	−24 000	−22 000	17 000
Total Equity and Debt	126 000	100 000	68 000	81 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,89 %	27,2 %	29,67 %	34,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,78 %	36 %	36,23 %	33,7 %
Current Ratio	−6,22	−3	−1,41	1,94
Quick Ratio	−6,22	−3	−1,41	1,94
Equity Ratio	1,14	1,25	1,34	0,79
Gross Profit Margin	98,89 %	96 %	100 %	93,48 %