ØSTLANDSKE BÅTOPPLAG AS

1540 VESTBY

Finances

Share Ownership

Return on Equity

15,12 %

Current Ratio

4,09

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 291 000	5 058 000	4 054 000	3 713 000
Net Income	532 000	789 000	578 000	265 000
Total Assets	4 665 000	4 330 000	3 388 000	2 535 000
Total Equity	3 519 000	2 987 000	2 198 000	1 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 291 000	5 058 000	4 054 000	3 713 000
Expenditure	4 604 000	4 042 000	3 386 000	3 298 000
Operating Profit	687 000	1 016 000	668 000	416 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	3 000	0	2 000
Financial Balance	−5 000	−3 000	1 000	−1 000
Earnings Before Tax	682 000	1 013 000	669 000	415 000
Tax	150 000	224 000	90 000	150 000
Net Income	532 000	789 000	578 000	265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	673 000	863 000	875 000	391 000
Total Current Assets	3 992 000	3 467 000	2 513 000	2 144 000
Total Assets	4 665 000	4 330 000	3 388 000	2 535 000
Total Retained Equity	3 474 000	2 942 000	2 153 000	1 574 000
Total Equity	3 519 000	2 987 000	2 198 000	1 619 000
Total Long-Term Debt	171 000	180 000	189 000	143 000
Total Current Debt	975 000	1 164 000	1 001 000	773 000
Total Equity and Debt	4 665 000	4 330 000	3 388 000	2 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 291 000	5 058 000	3 937 000	3 663 000
Other Income	0	0	117 000	50 000
Revenue	5 291 000	5 058 000	4 054 000	3 713 000
Cost of Goods Sold	619 000	930 000	710 000	495 000
Salary Costs	1 899 000	1 207 000	1 292 000	1 084 000
Depreciation	190 000	237 000	154 000	92 000
Impairment	0	0	0	0
Expenditure	4 604 000	4 042 000	3 386 000	3 298 000
Operating Profit	687 000	1 016 000	668 000	416 000
Financial Income	0	0	1 000	1 000
Financial Costs	5 000	3 000	0	2 000
Financial Balance	−5 000	−3 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	532 000	789 000	578 000	265 000

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	673 000	863 000	875 000	391 000
Total Tangible Assets	673 000	863 000	875 000	391 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	673 000	863 000	875 000	391 000
Stock	94 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 778 000	3 376 000	2 348 000	2 021 000
Total Current Assets	3 992 000	3 467 000	2 513 000	2 144 000
Total Assets	4 665 000	4 330 000	3 388 000	2 535 000
Total Equity	3 519 000	2 987 000	2 198 000	1 619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	171 000	180 000	189 000	143 000
Creditors	42 000	179 000	108 000	110 000
Unpaid Taxes	15 000	71 000	120 000	−45 000
Dividends	0	0	0	0
Other Current Debt	611 000	533 000	582 000	559 000
Total Current Debt	975 000	1 164 000	1 001 000	773 000
Total Equity and Debt	4 665 000	4 330 000	3 388 000	2 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,12 %	26,41 %	26,3 %	16,37 %
Debt-to-Equity Ratio	0,05	0,06	0,09	0,09
Operating Profit Margin	12,98 %	20,09 %	16,48 %	11,2 %
Current Ratio	4,09	2,98	2,51	2,77
Quick Ratio	4,53	2,98	2,51	2,77
Equity Ratio	0,75	0,69	0,65	0,64
Gross Profit Margin	88,3 %	81,61 %	82,49 %	86,67 %