ØSTRENG TRANSPORT AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

36,78 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 729 000	46 422 000	38 512 000	35 548 000
Net Income	1 916 000	1 492 000	1 319 000	226 000
Total Assets	15 334 000	13 281 000	11 434 000	9 592 000
Total Equity	5 209 000	4 619 000	4 079 000	2 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 729 000	46 422 000	38 512 000	35 548 000
Expenditure	50 227 000	44 481 000	36 787 000	35 196 000
Operating Profit	2 501 000	1 941 000	1 725 000	351 000
Financial Income	4 000	3 000	9 000	9 000
Financial Costs	47 000	33 000	43 000	73 000
Financial Balance	−43 000	−30 000	−34 000	−64 000
Earnings Before Tax	2 459 000	1 912 000	1 691 000	287 000
Tax	543 000	421 000	372 000	62 000
Net Income	1 916 000	1 492 000	1 319 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	312 000	468 000	704 000	1 105 000
Total Current Assets	15 022 000	12 813 000	10 730 000	8 487 000
Total Assets	15 334 000	13 281 000	11 434 000	9 592 000
Total Retained Equity	5 187 000	4 597 000	4 057 000	2 796 000
Total Equity	5 209 000	4 619 000	4 079 000	2 819 000
Total Long-Term Debt	101 000	300 000	534 000	916 000
Total Current Debt	10 023 000	8 362 000	6 821 000	5 857 000
Total Equity and Debt	15 334 000	13 281 000	11 434 000	9 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 728 000	46 422 000	38 494 000	35 331 000
Other Income	0	0	19 000	217 000
Revenue	52 729 000	46 422 000	38 512 000	35 548 000
Cost of Goods Sold	25 000	44 000	320 000	176 000
Salary Costs	20 810 000	20 021 000	17 072 000	16 115 000
Depreciation	154 000	155 000	221 000	196 000
Impairment	0	0	0	0
Expenditure	50 227 000	44 481 000	36 787 000	35 196 000
Operating Profit	2 501 000	1 941 000	1 725 000	351 000
Financial Income	4 000	3 000	9 000	9 000
Financial Costs	47 000	33 000	43 000	73 000
Financial Balance	−43 000	−30 000	−34 000	−64 000
Dividends	0	0	0	0
Net Income	1 916 000	1 492 000	1 319 000	226 000

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	129 000	138 000	194 000	263 000
Fixtures	169 000	259 000	358 000	596 000
Total Tangible Assets	298 000	396 000	551 000	858 000
Total Fiancial Fixed Assets	14 000	72 000	153 000	246 000
Total Fixed Assets	312 000	468 000	704 000	1 105 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 598 000	4 688 000	3 904 000	2 969 000
Total Current Assets	15 022 000	12 813 000	10 730 000	8 487 000
Total Assets	15 334 000	13 281 000	11 434 000	9 592 000
Total Equity	5 209 000	4 619 000	4 079 000	2 819 000
Short-Term Group Debt	1 700 000	1 235 000	99 000	9 000
Total Long-Term Debt	101 000	300 000	534 000	916 000
Creditors	2 430 000	1 563 000	1 376 000	899 000
Unpaid Taxes	2 587 000	2 439 000	2 367 000	1 937 000
Dividends	0	0	0	0
Other Current Debt	3 115 000	2 922 000	2 623 000	3 012 000
Total Current Debt	10 023 000	8 362 000	6 821 000	5 857 000
Total Equity and Debt	15 334 000	13 281 000	11 434 000	9 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,78 %	32,3 %	32,34 %	8,02 %
Debt-to-Equity Ratio	0,02	0,06	0,13	0,32
Operating Profit Margin	4,74 %	4,18 %	4,48 %	0,99 %
Current Ratio	1,5	1,53	1,57	1,45
Quick Ratio	1,5	1,53	1,57	1,45
Equity Ratio	0,34	0,35	0,36	0,29
Gross Profit Margin	99,95 %	99,91 %	99,17 %	99,5 %