ØSTERLAND AS

5384 TORANGSVÅG

Finances

Share Ownership

Return on Equity

62,01 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	60 000	120 000	54 000
Net Income	−173 000	−112 000	−18 000
Total Assets	226 000	313 000	142 000
Total Equity	−279 000	−106 000	6 000

Income (NOK)	2022	2021	2020
Revenue	60 000	120 000	54 000
Expenditure	235 000	232 000	73 000
Operating Profit	−175 000	−112 000	−18 000
Financial Income	2 000	1 000	0
Financial Costs	0	1 000	0
Financial Balance	2 000	0	0
Earnings Before Tax	−173 000	−112 000	−18 000
Tax	0	0	0
Net Income	−173 000	−112 000	−18 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	85 000	102 000	38 000
Total Current Assets	141 000	211 000	104 000
Total Assets	226 000	313 000	142 000
Total Retained Equity	−303 000	−130 000	−18 000
Total Equity	−279 000	−106 000	6 000
Total Long-Term Debt	0	0	0
Total Current Debt	505 000	419 000	136 000
Total Equity and Debt	226 000	313 000	142 000

Cash flow (NOK)	2022	2021	2020
Sales Income	60 000	120 000	54 000
Other Income	0	0	0
Revenue	60 000	120 000	54 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	17 000	15 000	2 000
Impairment	0	0	0
Expenditure	235 000	232 000	73 000
Operating Profit	−175 000	−112 000	−18 000
Financial Income	2 000	1 000	0
Financial Costs	0	1 000	0
Financial Balance	2 000	0	0
Dividends	0	0	0
Net Income	−173 000	−112 000	−18 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	85 000	102 000	38 000
Total Tangible Assets	85 000	102 000	38 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	85 000	102 000	38 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	11 000	18 000	43 000
Total Current Assets	141 000	211 000	104 000
Total Assets	226 000	313 000	142 000
Total Equity	−279 000	−106 000	6 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	24 000	19 000	36 000
Unpaid Taxes	−8 000	0	0
Dividends	0	0	0
Other Current Debt	490 000	400 000	100 000
Total Current Debt	505 000	419 000	136 000
Total Equity and Debt	226 000	313 000	142 000

Financial indicators	2022	2021	2020
Return on Equity	62,01 %	105,66 %	−300 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−291,67 %	−93,33 %	−33,33 %
Current Ratio	0,28	0,5	0,76
Quick Ratio	0,28	0,5	0,76
Equity Ratio	−1,23	−0,34	0,04
Gross Profit Margin	100 %	100 %	100 %