ØSTNOR INDUSTRISERVICE AS

7944 INDRE NÆRØY

Finances

Share Ownership

Return on Equity

52,86 %

Current Ratio

−5

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 000	30 000	45 000	1 000
Net Income	37 000	−4 000	13 000	−1 000
Total Assets	65 000	26 000	34 000	25 000
Total Equity	70 000	36 000	40 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 000	30 000	45 000	1 000
Expenditure	49 000	37 000	29 000	2 000
Operating Profit	43 000	−7 000	16 000	−1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	43 000	−7 000	16 000	−1 000
Tax	6 000	−3 000	3 000	0
Net Income	37 000	−4 000	13 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	0	0	0
Total Current Assets	45 000	26 000	34 000	25 000
Total Assets	65 000	26 000	34 000	25 000
Total Retained Equity	46 000	12 000	15 000	2 000
Total Equity	70 000	36 000	40 000	27 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	−9 000	−10 000	−6 000	−2 000
Total Equity and Debt	65 000	26 000	34 000	25 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	30 000	45 000	1 000
Other Income	0	0	0	0
Revenue	92 000	30 000	45 000	1 000
Cost of Goods Sold	11 000	6 000	12 000	0
Salary Costs	0	0	0	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	49 000	37 000	29 000	2 000
Operating Profit	43 000	−7 000	16 000	−1 000
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	37 000	−4 000	13 000	−1 000

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	20 000	0	0	0
Total Tangible Assets	20 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	22 000	33 000	21 000
Total Current Assets	45 000	26 000	34 000	25 000
Total Assets	65 000	26 000	34 000	25 000
Total Equity	70 000	36 000	40 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	−8 000	−5 000	−4 000	0
Unpaid Taxes	−6 000	−5 000	−5 000	−1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−9 000	−10 000	−6 000	−2 000
Total Equity and Debt	65 000	26 000	34 000	25 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,86 %	−11,11 %	32,5 %	−3,7 %
Debt-to-Equity Ratio	0,06	0	0	0
Operating Profit Margin	46,74 %	−23,33 %	35,56 %	−100 %
Current Ratio	−5	−2,6	−5,67	−12,5
Quick Ratio	−5	−2,6	−5,67	−12,5
Equity Ratio	1,08	1,38	1,18	1,08
Gross Profit Margin	88,04 %	80 %	73,33 %	100 %