ØK UTVIKLING AS

3074 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

−40,91 %

Current Ratio

6,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	153 000	110 000	150 000
Net Income	−54 000	2 000	11 000	74 000
Total Assets	153 000	188 000	192 000	207 000
Total Equity	132 000	186 000	184 000	174 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	153 000	110 000	150 000
Expenditure	62 000	151 000	97 000	61 000
Operating Profit	−54 000	3 000	14 000	89 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	6 000
Earnings Before Tax	−54 000	3 000	14 000	95 000
Tax	0	1 000	3 000	21 000
Net Income	−54 000	2 000	11 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	0	0	0
Total Current Assets	130 000	188 000	192 000	207 000
Total Assets	153 000	188 000	192 000	207 000
Total Retained Equity	102 000	156 000	154 000	144 000
Total Equity	132 000	186 000	184 000	174 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 000	1 000	8 000	34 000
Total Equity and Debt	153 000	188 000	192 000	207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	153 000	110 000	150 000
Other Income	0	0	0	0
Revenue	9 000	153 000	110 000	150 000
Cost of Goods Sold	1 000	87 000	41 000	3 000
Salary Costs	0	6 000	0	4 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	62 000	151 000	97 000	61 000
Operating Profit	−54 000	3 000	14 000	89 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	6 000
Dividends	0	0	0	0
Net Income	−54 000	2 000	11 000	74 000

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	23 000	0	0	0
Total Tangible Assets	23 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	0	0	0
Stock	0	0	0	0
Total Investments	50 000	50 000	0	0
Cash, Bank	55 000	135 000	192 000	196 000
Total Current Assets	130 000	188 000	192 000	207 000
Total Assets	153 000	188 000	192 000	207 000
Total Equity	132 000	186 000	184 000	174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−21 000	−21 000	−21 000
Unpaid Taxes	0	1 000	5 000	13 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	21 000	1 000	8 000	34 000
Total Equity and Debt	153 000	188 000	192 000	207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,91 %	1,08 %	5,98 %	42,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−600 %	1,96 %	12,73 %	59,33 %
Current Ratio	6,19	188	24	6,09
Quick Ratio	6,19	188	24	6,09
Equity Ratio	0,86	0,99	0,96	0,84
Gross Profit Margin	88,89 %	43,14 %	62,73 %	98 %