OFOTEN TRANSPORT AS

8540 BALLANGEN

Finances

Share Ownership

Return on Equity

54,44 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 110 000	830 000	817 000	729 000
Net Income	−135 000	−76 000	−38 000	−31 000
Total Assets	305 000	290 000	285 000	281 000
Total Equity	−248 000	−113 000	−36 000	1 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 110 000	830 000	817 000	729 000
Expenditure	1 265 000	927 000	856 000	759 000
Operating Profit	−156 000	−96 000	−37 000	−29 000
Financial Income	1 000	7 000	0	0
Financial Costs	15 000	4 000	6 000	3 000
Financial Balance	−14 000	3 000	−6 000	−3 000
Earnings Before Tax	−170 000	−94 000	−43 000	−33 000
Tax	−35 000	−18 000	−5 000	−1 000
Net Income	−135 000	−76 000	−38 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	102 000	117 000	143 000
Total Current Assets	196 000	189 000	168 000	138 000
Total Assets	305 000	290 000	285 000	281 000
Total Retained Equity	−278 000	−143 000	−66 000	−29 000
Total Equity	−248 000	−113 000	−36 000	1 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	553 000	403 000	321 000	280 000
Total Equity and Debt	305 000	290 000	285 000	281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 117 000	829 000	797 000	729 000
Other Income	−8 000	1 000	20 000	0
Revenue	1 110 000	830 000	817 000	729 000
Cost of Goods Sold	17 000	53 000	64 000	19 000
Salary Costs	687 000	175 000	196 000	204 000
Depreciation	22 000	33 000	33 000	26 000
Impairment	0	0	0	0
Expenditure	1 265 000	927 000	856 000	759 000
Operating Profit	−156 000	−96 000	−37 000	−29 000
Financial Income	1 000	7 000	0	0
Financial Costs	15 000	4 000	6 000	3 000
Financial Balance	−14 000	3 000	−6 000	−3 000
Dividends	0	0	0	0
Net Income	−135 000	−76 000	−38 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	28 000	11 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	24 000	0	0	0
Fixtures	22 000	73 000	106 000	139 000
Total Tangible Assets	46 000	73 000	106 000	139 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	102 000	117 000	143 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	10 000	14 000	12 000
Total Current Assets	196 000	189 000	168 000	138 000
Total Assets	305 000	290 000	285 000	281 000
Total Equity	−248 000	−113 000	−36 000	1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	158 000	210 000	82 000	29 000
Unpaid Taxes	132 000	10 000	44 000	76 000
Dividends	0	0	0	0
Other Current Debt	264 000	183 000	193 000	173 000
Total Current Debt	553 000	403 000	321 000	280 000
Total Equity and Debt	305 000	290 000	285 000	281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,44 %	67,26 %	105,56 %	−3 100 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−14,05 %	−11,57 %	−4,53 %	−3,98 %
Current Ratio	0,35	0,47	0,52	0,49
Quick Ratio	0,35	0,47	0,52	0,49
Equity Ratio	−0,81	−0,39	−0,13	0
Gross Profit Margin	98,47 %	93,61 %	92,17 %	97,39 %