ØSTRENG EIENDOM OG UTLEIE AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

46,29 %

Current Ratio

6,32

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 631 000	1 633 000	1 282 000	539 000
Net Income	2 032 000	677 000	579 000	−245 000
Total Assets	9 615 000	7 874 000	7 289 000	6 567 000
Total Equity	4 390 000	2 358 000	1 525 000	947 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 631 000	1 633 000	1 282 000	539 000
Expenditure	833 000	582 000	338 000	733 000
Operating Profit	2 798 000	1 051 000	944 000	−194 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	195 000	184 000	204 000	124 000
Financial Balance	−194 000	−184 000	−202 000	−121 000
Earnings Before Tax	2 605 000	868 000	742 000	−316 000
Tax	573 000	191 000	163 000	−71 000
Net Income	2 032 000	677 000	579 000	−245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 816 000	6 890 000	6 924 000	6 209 000
Total Current Assets	2 799 000	984 000	364 000	358 000
Total Assets	9 615 000	7 874 000	7 289 000	6 567 000
Total Retained Equity	4 367 000	2 336 000	1 503 000	924 000
Total Equity	4 390 000	2 358 000	1 525 000	947 000
Total Long-Term Debt	4 782 000	4 995 000	5 443 000	5 358 000
Total Current Debt	443 000	521 000	321 000	262 000
Total Equity and Debt	9 615 000	7 874 000	7 289 000	6 567 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	0	0	0
Other Income	3 621 000	1 633 000	1 282 000	539 000
Revenue	3 631 000	1 633 000	1 282 000	539 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	132 000
Depreciation	148 000	128 000	94 000	74 000
Impairment	0	0	0	0
Expenditure	833 000	582 000	338 000	733 000
Operating Profit	2 798 000	1 051 000	944 000	−194 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	195 000	184 000	204 000	124 000
Financial Balance	−194 000	−184 000	−202 000	−121 000
Dividends	0	0	0	0
Net Income	2 032 000	677 000	579 000	−245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 652 000	6 765 000	6 879 000	6 162 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	125 000	46 000	47 000
Total Tangible Assets	6 816 000	6 890 000	6 924 000	6 209 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 816 000	6 890 000	6 924 000	6 209 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 774 000	784 000	331 000	358 000
Total Current Assets	2 799 000	984 000	364 000	358 000
Total Assets	9 615 000	7 874 000	7 289 000	6 567 000
Total Equity	4 390 000	2 358 000	1 525 000	947 000
Short-Term Group Debt	0	200 000	0	0
Total Long-Term Debt	4 782 000	4 995 000	5 443 000	5 358 000
Creditors	59 000	32 000	109 000	35 000
Unpaid Taxes	15 000	5 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	131 000	149 000	154 000	223 000
Total Current Debt	443 000	521 000	321 000	262 000
Total Equity and Debt	9 615 000	7 874 000	7 289 000	6 567 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,29 %	28,71 %	37,97 %	−25,87 %
Debt-to-Equity Ratio	1,09	2,12	3,57	5,66
Operating Profit Margin	77,06 %	64,36 %	73,63 %	−35,99 %
Current Ratio	6,32	1,89	1,13	1,37
Quick Ratio	6,32	1,89	1,13	1,37
Equity Ratio	0,46	0,3	0,21	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %