ØSTREM EIENDOM III AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

−4,08 %

Current Ratio

0,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	3 234 000	1 554 000	1 511 000
Net Income	−347 000	2 683 000	955 000	925 000
Total Assets	14 360 000	9 420 000	7 534 000	16 114 000
Total Equity	8 508 000	8 813 000	6 408 000	6 294 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	3 234 000	1 554 000	1 511 000
Expenditure	683 000	404 000	347 000	388 000
Operating Profit	−671 000	2 830 000	1 207 000	1 124 000
Financial Income	228 000	477 000	18 000	62 000
Financial Costs	2 000	0	1 000	0
Financial Balance	226 000	477 000	17 000	62 000
Earnings Before Tax	−445 000	3 307 000	1 225 000	1 186 000
Tax	−98 000	623 000	269 000	261 000
Net Income	−347 000	2 683 000	955 000	925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 026 000	9 019 000	6 179 000	6 324 000
Total Current Assets	1 334 000	401 000	1 355 000	9 790 000
Total Assets	14 360 000	9 420 000	7 534 000	16 114 000
Total Retained Equity	2 173 000	2 520 000	114 000	0
Total Equity	8 508 000	8 813 000	6 408 000	6 294 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 852 000	607 000	1 126 000	9 821 000
Total Equity and Debt	14 360 000	9 420 000	7 534 000	16 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	1 263 000	0	0
Other Income	0	1 971 000	1 554 000	1 511 000
Revenue	12 000	3 234 000	1 554 000	1 511 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	106 000
Depreciation	149 000	149 000	162 000	135 000
Impairment	0	0	0	0
Expenditure	683 000	404 000	347 000	388 000
Operating Profit	−671 000	2 830 000	1 207 000	1 124 000
Financial Income	228 000	477 000	18 000	62 000
Financial Costs	2 000	0	1 000	0
Financial Balance	226 000	477 000	17 000	62 000
Dividends	0	0	0	9 000 000
Net Income	−347 000	2 683 000	955 000	925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	140 000	54 000	385 000	369 000
Real Eastate	6 719 000	2 234 000	4 512 000	4 673 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 719 000	2 234 000	4 512 000	4 673 000
Total Fiancial Fixed Assets	6 168 000	6 731 000	1 282 000	1 282 000
Total Fixed Assets	13 026 000	9 019 000	6 179 000	6 324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	401 000	51 000	294 000
Total Current Assets	1 334 000	401 000	1 355 000	9 790 000
Total Assets	14 360 000	9 420 000	7 534 000	16 114 000
Total Equity	8 508 000	8 813 000	6 408 000	6 294 000
Short-Term Group Debt	0	356 000	1 078 000	600 000
Total Long-Term Debt	0	0	0	0
Creditors	5 801 000	7 000	0	24 000
Unpaid Taxes	0	0	0	56 000
Dividends	0	0	0	9 000 000
Other Current Debt	50 000	29 000	0	0
Total Current Debt	5 852 000	607 000	1 126 000	9 821 000
Total Equity and Debt	14 360 000	9 420 000	7 534 000	16 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,08 %	30,44 %	14,9 %	14,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5 591,67 %	87,51 %	77,67 %	74,39 %
Current Ratio	0,23	0,66	1,2	1
Quick Ratio	0,23	0,66	1,2	1
Equity Ratio	0,59	0,94	0,85	0,39
Gross Profit Margin	100 %	100 %	100 %	100 %