ØSTBYVEIEN 1 AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

−13,35 %

Current Ratio

4,44

Debt-to-Equity Ratio

13,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 717 000	26 926 000	1 198 000	3 593 000
Net Income	−1 399 000	2 108 000	294 000	2 069 000
Total Assets	193 503 000	93 947 000	38 571 000	32 864 000
Total Equity	10 476 000	2 452 000	564 000	271 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 717 000	26 926 000	1 198 000	3 593 000
Expenditure	73 512 000	24 223 000	821 000	940 000
Operating Profit	−1 795 000	2 702 000	376 000	2 653 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	0	0
Earnings Before Tax	−1 793 000	2 702 000	376 000	2 652 000
Tax	−395 000	594 000	83 000	583 000
Net Income	−1 399 000	2 108 000	294 000	2 069 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	220 000	220 000	26 014 000	26 735 000
Total Current Assets	193 283 000	93 727 000	12 557 000	6 129 000
Total Assets	193 503 000	93 947 000	38 571 000	32 864 000
Total Retained Equity	1 017 000	2 416 000	534 000	241 000
Total Equity	10 476 000	2 452 000	564 000	271 000
Total Long-Term Debt	139 456 000	58 120 000	27 721 000	27 639 000
Total Current Debt	43 571 000	33 375 000	10 285 000	4 955 000
Total Equity and Debt	193 503 000	93 947 000	38 571 000	32 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	71 717 000	26 926 000	1 198 000	3 593 000
Revenue	71 717 000	26 926 000	1 198 000	3 593 000
Cost of Goods Sold	73 322 000	24 107 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	721 000	721 000
Impairment	0	0	0	0
Expenditure	73 512 000	24 223 000	821 000	940 000
Operating Profit	−1 795 000	2 702 000	376 000	2 653 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	0	0
Dividends	0	0	0	2 000 000
Net Income	−1 399 000	2 108 000	294 000	2 069 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	23 116 000	23 837 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	23 116 000	23 837 000
Total Fiancial Fixed Assets	220 000	220 000	2 898 000	2 898 000
Total Fixed Assets	220 000	220 000	26 014 000	26 735 000
Stock	59 893 000	37 806 000	10 189 000	4 332 000
Total Investments	0	0	0	1 000
Cash, Bank	164 000	6 494 000	32 000	1 096 000
Total Current Assets	193 283 000	93 727 000	12 557 000	6 129 000
Total Assets	193 503 000	93 947 000	38 571 000	32 864 000
Total Equity	10 476 000	2 452 000	564 000	271 000
Short-Term Group Debt	28 700 000	26 126 000	5 068 000	2 701 000
Total Long-Term Debt	139 456 000	58 120 000	27 721 000	27 639 000
Creditors	6 836 000	6 319 000	937 000	81 000
Unpaid Taxes	0	0	0	147 000
Dividends	0	0	0	2 000 000
Other Current Debt	8 035 000	930 000	4 280 000	26 000
Total Current Debt	43 571 000	33 375 000	10 285 000	4 955 000
Total Equity and Debt	193 503 000	93 947 000	38 571 000	32 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,35 %	85,97 %	52,13 %	763,47 %
Debt-to-Equity Ratio	13,31	23,7	49,15	101,99
Operating Profit Margin	−2,5 %	10,03 %	31,39 %	73,84 %
Current Ratio	4,44	2,81	1,22	1,24
Quick Ratio	−11,84	−21,15	130,8	9,84
Equity Ratio	0,05	0,03	0,01	0,01
Gross Profit Margin	−2,24 %	10,47 %	100 %	100 %