ØSTGAARD AS

0881 OSLO

Finances

Share Ownership

Return on Equity

75,84 %

Current Ratio

0,05

Debt-to-Equity Ratio

3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 228 000	10 985 000	383 000	165 000
Net Income	2 269 000	969 000	−18 000	−257 000
Total Assets	15 797 000	9 000 000	15 640 000	12 420 000
Total Equity	2 992 000	723 000	−245 000	−227 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 228 000	10 985 000	383 000	165 000
Expenditure	9 859 000	9 622 000	146 000	354 000
Operating Profit	3 368 000	1 363 000	236 000	−189 000
Financial Income	2 000	0	0	0
Financial Costs	462 000	199 000	255 000	69 000
Financial Balance	−460 000	−199 000	−255 000	−69 000
Earnings Before Tax	2 909 000	1 164 000	−18 000	−257 000
Tax	640 000	196 000	0	0
Net Income	2 269 000	969 000	−18 000	−257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 727 000	9 000 000	15 226 000	12 003 000
Total Current Assets	70 000	0	413 000	417 000
Total Assets	15 797 000	9 000 000	15 640 000	12 420 000
Total Retained Equity	2 962 000	693 000	−275 000	−257 000
Total Equity	2 992 000	723 000	−245 000	−227 000
Total Long-Term Debt	11 300 000	0	5 200 000	5 200 000
Total Current Debt	1 505 000	8 277 000	10 685 000	7 448 000
Total Equity and Debt	15 797 000	9 000 000	15 640 000	12 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 167 000	10 750 000	0	0
Other Income	61 000	235 000	383 000	165 000
Revenue	13 228 000	10 985 000	383 000	165 000
Cost of Goods Sold	9 000 000	9 369 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 859 000	9 622 000	146 000	354 000
Operating Profit	3 368 000	1 363 000	236 000	−189 000
Financial Income	2 000	0	0	0
Financial Costs	462 000	199 000	255 000	69 000
Financial Balance	−460 000	−199 000	−255 000	−69 000
Dividends	0	0	0	0
Net Income	2 269 000	969 000	−18 000	−257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 727 000	9 000 000	15 226 000	12 003 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 727 000	9 000 000	15 226 000	12 003 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 727 000	9 000 000	15 226 000	12 003 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	0	395 000	408 000
Total Current Assets	70 000	0	413 000	417 000
Total Assets	15 797 000	9 000 000	15 640 000	12 420 000
Total Equity	2 992 000	723 000	−245 000	−227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 300 000	0	5 200 000	5 200 000
Creditors	183 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	682 000	8 082 000	10 685 000	7 448 000
Total Current Debt	1 505 000	8 277 000	10 685 000	7 448 000
Total Equity and Debt	15 797 000	9 000 000	15 640 000	12 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,84 %	134,02 %	7,35 %	113,22 %
Debt-to-Equity Ratio	3,78	0	−21,22	−22,91
Operating Profit Margin	25,46 %	12,41 %	61,62 %	−114,55 %
Current Ratio	0,05	0	0,04	0,06
Quick Ratio	0,05	0	0,04	0,06
Equity Ratio	0,19	0,08	−0,02	−0,02
Gross Profit Margin	31,96 %	14,71 %	100 %	100 %