ØST BAD AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

98,32 %

Current Ratio

0,3

Debt-to-Equity Ratio

−1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	654 000	671 000	211 000	95 000
Net Income	−117 000	−16 000	8 000	−17 000
Total Assets	289 000	508 000	80 000	28 000
Total Equity	−119 000	2 000	18 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	654 000	671 000	211 000	95 000
Expenditure	754 000	687 000	202 000	115 000
Operating Profit	−101 000	−16 000	10 000	−20 000
Financial Income	0	3 000	0	0
Financial Costs	14 000	5 000	0	0
Financial Balance	−14 000	−2 000	0	0
Earnings Before Tax	−115 000	−17 000	10 000	−20 000
Tax	2 000	−2 000	2 000	−4 000
Net Income	−117 000	−16 000	8 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 000	136 000	1 000	4 000
Total Current Assets	82 000	373 000	78 000	24 000
Total Assets	289 000	508 000	80 000	28 000
Total Retained Equity	−140 000	−19 000	−3 000	−11 000
Total Equity	−119 000	2 000	18 000	10 000
Total Long-Term Debt	138 000	162 000	−1 000	−1 000
Total Current Debt	270 000	345 000	63 000	19 000
Total Equity and Debt	289 000	508 000	80 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	654 000	671 000	211 000	95 000
Other Income	0	0	0	0
Revenue	654 000	671 000	211 000	95 000
Cost of Goods Sold	13 000	93 000	67 000	19 000
Salary Costs	545 000	442 000	101 000	96 000
Depreciation	32 000	33 000	0	0
Impairment	0	0	0	0
Expenditure	754 000	687 000	202 000	115 000
Operating Profit	−101 000	−16 000	10 000	−20 000
Financial Income	0	3 000	0	0
Financial Costs	14 000	5 000	0	0
Financial Balance	−14 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−117 000	−16 000	8 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	4 000	1 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	100 000	132 000	0	0
Total Tangible Assets	100 000	132 000	0	0
Total Fiancial Fixed Assets	105 000	0	0	0
Total Fixed Assets	207 000	136 000	1 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	296 000	78 000	24 000
Total Current Assets	82 000	373 000	78 000	24 000
Total Assets	289 000	508 000	80 000	28 000
Total Equity	−119 000	2 000	18 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	138 000	162 000	−1 000	−1 000
Creditors	22 000	20 000	−1 000	0
Unpaid Taxes	99 000	202 000	28 000	0
Dividends	0	0	0	0
Other Current Debt	150 000	123 000	36 000	19 000
Total Current Debt	270 000	345 000	63 000	19 000
Total Equity and Debt	289 000	508 000	80 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,32 %	−800 %	44,44 %	−170 %
Debt-to-Equity Ratio	−1,16	81	−0,06	−0,1
Operating Profit Margin	−15,44 %	−2,38 %	4,74 %	−21,05 %
Current Ratio	0,3	1,08	1,24	1,26
Quick Ratio	0,3	1,08	1,24	1,26
Equity Ratio	−0,41	0	0,23	0,36
Gross Profit Margin	98,01 %	86,14 %	68,25 %	80 %