ØSTFOLD PALLESERVICE AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

74,33 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 826 000	4 024 000	2 982 000	2 950 000
Net Income	1 077 000	756 000	503 000	459 000
Total Assets	2 916 000	1 131 000	2 076 000	1 794 000
Total Equity	1 449 000	371 000	1 604 000	1 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 826 000	4 024 000	2 982 000	2 950 000
Expenditure	4 442 000	3 052 000	2 303 000	2 391 000
Operating Profit	1 385 000	971 000	680 000	559 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	8 000	3 000	12 000	2 000
Financial Balance	−4 000	−3 000	−11 000	−1 000
Earnings Before Tax	1 381 000	969 000	669 000	557 000
Tax	304 000	213 000	166 000	98 000
Net Income	1 077 000	756 000	503 000	459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	565 000	53 000	65 000	695 000
Total Current Assets	2 351 000	1 079 000	2 011 000	1 099 000
Total Assets	2 916 000	1 131 000	2 076 000	1 794 000
Total Retained Equity	1 419 000	341 000	1 574 000	1 097 000
Total Equity	1 449 000	371 000	1 604 000	1 127 000
Total Long-Term Debt	489 000	0	24 000	0
Total Current Debt	979 000	760 000	448 000	667 000
Total Equity and Debt	2 916 000	1 131 000	2 076 000	1 794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 812 000	4 009 000	2 953 000	2 936 000
Other Income	14 000	15 000	30 000	14 000
Revenue	5 826 000	4 024 000	2 982 000	2 950 000
Cost of Goods Sold	2 543 000	1 418 000	896 000	1 203 000
Salary Costs	766 000	658 000	766 000	511 000
Depreciation	45 000	53 000	29 000	41 000
Impairment	0	0	0	0
Expenditure	4 442 000	3 052 000	2 303 000	2 391 000
Operating Profit	1 385 000	971 000	680 000	559 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	8 000	3 000	12 000	2 000
Financial Balance	−4 000	−3 000	−11 000	−1 000
Dividends	0	1 988 000	0	0
Net Income	1 077 000	756 000	503 000	459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	16 000	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	554 000	18 000	65 000	94 000
Fixtures	11 000	19 000	0	0
Total Tangible Assets	565 000	37 000	65 000	94 000
Total Fiancial Fixed Assets	0	0	0	600 000
Total Fixed Assets	565 000	53 000	65 000	695 000
Stock	124 000	1 000	109 000	0
Total Investments	0	0	0	0
Cash, Bank	100 000	758 000	768 000	923 000
Total Current Assets	2 351 000	1 079 000	2 011 000	1 099 000
Total Assets	2 916 000	1 131 000	2 076 000	1 794 000
Total Equity	1 449 000	371 000	1 604 000	1 127 000
Short-Term Group Debt	0	0	0	112 000
Total Long-Term Debt	489 000	0	24 000	0
Creditors	88 000	−32 000	14 000	201 000
Unpaid Taxes	155 000	289 000	213 000	198 000
Dividends	0	1 988 000	0	0
Other Current Debt	457 000	251 000	78 000	79 000
Total Current Debt	979 000	760 000	448 000	667 000
Total Equity and Debt	2 916 000	1 131 000	2 076 000	1 794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,33 %	203,77 %	31,36 %	40,73 %
Debt-to-Equity Ratio	0,34	0	0,01	0
Operating Profit Margin	23,77 %	24,13 %	22,8 %	18,95 %
Current Ratio	2,4	1,42	4,49	1,65
Quick Ratio	2,75	1,42	5,93	1,65
Equity Ratio	0,5	0,33	0,77	0,63
Gross Profit Margin	56,35 %	64,76 %	69,95 %	59,22 %