OSSTEK AS

6065 ULSTEINVIK

Finances

Return on Equity

376,47 %

Current Ratio

1,7

Debt-to-Equity Ratio

−29,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 000	1 879 000	1 425 000	979 000
Net Income	−64 000	−31 000	38 000	184 000
Total Assets	1 071 000	985 000	681 000	662 000
Total Equity	−17 000	47 000	78 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 000	1 879 000	1 425 000	979 000
Expenditure	110 000	1 847 000	1 356 000	742 000
Operating Profit	−16 000	32 000	68 000	237 000
Financial Income	0	2 000	0	0
Financial Costs	49 000	65 000	12 000	1 000
Financial Balance	−49 000	−63 000	−12 000	−1 000
Earnings Before Tax	−64 000	−31 000	56 000	236 000
Tax	0	0	18 000	52 000
Net Income	−64 000	−31 000	38 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	90 000	60 000	0
Total Current Assets	1 001 000	895 000	621 000	662 000
Total Assets	1 071 000	985 000	681 000	662 000
Total Retained Equity	−57 000	7 000	38 000	0
Total Equity	−17 000	47 000	78 000	40 000
Total Long-Term Debt	500 000	500 000	0	0
Total Current Debt	589 000	438 000	603 000	622 000
Total Equity and Debt	1 071 000	985 000	681 000	662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 000	1 823 000	1 425 000	979 000
Other Income	0	56 000	0	0
Revenue	94 000	1 879 000	1 425 000	979 000
Cost of Goods Sold	−54 000	1 248 000	596 000	246 000
Salary Costs	1 000	421 000	310 000	280 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	110 000	1 847 000	1 356 000	742 000
Operating Profit	−16 000	32 000	68 000	237 000
Financial Income	0	2 000	0	0
Financial Costs	49 000	65 000	12 000	1 000
Financial Balance	−49 000	−63 000	−12 000	−1 000
Dividends	0	0	0	0
Net Income	−64 000	−31 000	38 000	184 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	70 000	90 000	60 000	0
Total Fixed Assets	70 000	90 000	60 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	61 000	176 000	0
Total Current Assets	1 001 000	895 000	621 000	662 000
Total Assets	1 071 000	985 000	681 000	662 000
Total Equity	−17 000	47 000	78 000	40 000
Short-Term Group Debt	0	0	0	236 000
Total Long-Term Debt	500 000	500 000	0	0
Creditors	126 000	188 000	339 000	81 000
Unpaid Taxes	11 000	151 000	203 000	59 000
Dividends	0	0	0	0
Other Current Debt	451 000	100 000	43 000	246 000
Total Current Debt	589 000	438 000	603 000	622 000
Total Equity and Debt	1 071 000	985 000	681 000	662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	376,47 %	−65,96 %	48,72 %	460 %
Debt-to-Equity Ratio	−29,41	10,64	0	0
Operating Profit Margin	−17,02 %	1,7 %	4,77 %	24,21 %
Current Ratio	1,7	2,04	1,03	1,06
Quick Ratio	1,7	2,04	1,03	1,06
Equity Ratio	−0,02	0,05	0,11	0,06
Gross Profit Margin	157,45 %	33,58 %	58,18 %	74,87 %