ØSTVEIEN 537A AS

3148 HVASSER

Finances

Share Ownership

Return on Equity

33,45 %

Current Ratio

3,15

Debt-to-Equity Ratio

8,4

Key figures (NOK)	2022	2021	2020
Revenue	150 000	150 000	113 000
Net Income	94 000	86 000	87 000
Total Assets	2 769 000	2 671 000	2 563 000
Total Equity	281 000	186 000	100 000

Income (NOK)	2022	2021	2020
Revenue	150 000	150 000	113 000
Expenditure	29 000	38 000	4 000
Operating Profit	121 000	112 000	108 000
Financial Income	0	0	1 000
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	1 000
Earnings Before Tax	121 000	111 000	109 000
Tax	27 000	24 000	22 000
Net Income	94 000	86 000	87 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 359 000	2 359 000	2 359 000
Total Current Assets	410 000	313 000	205 000
Total Assets	2 769 000	2 671 000	2 563 000
Total Retained Equity	191 000	97 000	11 000
Total Equity	281 000	186 000	100 000
Total Long-Term Debt	2 359 000	2 359 000	2 359 000
Total Current Debt	130 000	126 000	105 000
Total Equity and Debt	2 769 000	2 671 000	2 563 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	150 000	150 000	113 000
Revenue	150 000	150 000	113 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	29 000	38 000	4 000
Operating Profit	121 000	112 000	108 000
Financial Income	0	0	1 000
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	1 000
Dividends	0	0	0
Net Income	94 000	86 000	87 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 359 000	2 359 000	2 359 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 359 000	2 359 000	2 359 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 359 000	2 359 000	2 359 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	260 000	163 000	92 000
Total Current Assets	410 000	313 000	205 000
Total Assets	2 769 000	2 671 000	2 563 000
Total Equity	281 000	186 000	100 000
Short-Term Group Debt	100 000	100 000	98 000
Total Long-Term Debt	2 359 000	2 359 000	2 359 000
Creditors	3 000	1 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	6 000
Total Current Debt	130 000	126 000	105 000
Total Equity and Debt	2 769 000	2 671 000	2 563 000

Financial indicators	2022	2021	2020
Return on Equity	33,45 %	46,24 %	87 %
Debt-to-Equity Ratio	8,4	12,68	23,59
Operating Profit Margin	80,67 %	74,67 %	95,58 %
Current Ratio	3,15	2,48	1,95
Quick Ratio	3,15	2,48	1,95
Equity Ratio	0,1	0,07	0,04
Gross Profit Margin	100 %	100 %	100 %